London School of Science & Technology
Unit 2: Marketing Essentials
Assignment Guidelines
Task 1 P1,P2 and M1, M2 and D1
Task 2 P3, M3
Task 3 P4, M4 and D2
Criteria Action Verb Detail required
P1, P2
Explain • Define marketing
• The structure and operations of marketing department including modern trends
• How the external environment influences and impacts upon marketing activity in H&M.
• How marketing processes and marketing mix are carried out at H&M.
• The different roles of marketing department within the H&M to perform functions for B2C and B2B.
M1, M2,
D1 Analyse
Critically analyse and evaluate • Analyse how roles and responsibilities of marketing influence and interrelates with other functional departments of H&M.
• Address the values and importance of the marketing role in the context of H&M.
• Emphasise the significance of having effective interrelationships between different functional
P3
Compare • Compare how H&M and Zara apply the various elements of the extended marketing mix to the marketing planning process to achieve business objectives.
M3 Evaluate • Evaluate the shift from the 4Ps to the 7Ps and the significance of the extended marketing mix.
• Evaluate business objectives of Zara
• Show how marketing planning process (Analysis, Planning, Implementation and Control) and marketing strategy applied to achieve business objectives
P4 Produce and evaluate The following outline could serve as a guide for your marketing plan:
Executive
Company Overview
Current Marketing Situation Analysis
Internal analysis
External analysis
SWOT analysis
Objectives
Strategy
Segmentation, targeting and positioning (STP)
Conclusion
M4,
D2 Produce
Design The following outline could serve as a guide for your marketing plan:
Executive
Company Overview
Current Marketing Situation Analysis
Internal analysis
External analysis
SWOT analysis
Objectives
Strategy
Segmentation, targeting and positioning (STP)
Marketing Mix (7Ps)
Tactics & Action
market-share analysis
Budget
Efficiency ratios
Cost-profitability analysis
Control
Conclusion
You may include an appendix as appropriate.