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Higher Business management

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Presentation on theme: "Higher Business management"— Presentation transcript:

1 Higher Business management
Assignment Guidelines 2017

2 Worth 30% of overall mark collect information/evidence relating to the context of the assignment analyse and evaluate the business data/information to reach conclusions produce a report relating to the context of the assignment Chose an organisation and apply an analytical tool to it Example VW and the carbon emissions scandal Example TESCO brand match guarantee marketing strategy Example the plastic straw ban and how it will effect a company manufacturing them

3 6 pages for report 4 pages for appendix – does not attract marks but it will be checked to see you have appropriate sources Total 10 pages maximum (you can use less than this-within reason!)

4 Introduction example 1 [The purpose of the report is to assess the impact that the carbon emission scandal has had on VW] 1 mark (a) [by using a SWOT analysis this will allow me to see the potential threats and opportunities that the business has to grow to overcome their current issues.] (a) [VW is a German car manufacturer based in the city of Wolfsburg.] 1 mark background. The business was created in 1946 and has continued to grow to this very day and is now currently the second largest automobile manufacturer in the world and reaps in large profits. Total 2/2

5 Introduction example 2 [This report will mainly focus on how effective the marketing mix of ASDA is with particular emphasis on pricing. Particularly, the pricing strategies and the different promotional offers that are used by ASDA will be investigated. In the course of this report I am mainly going to base my findings on the ASDA which is located in Alloa, Clackmannanshire.] 1 mark (a) [ASDA is currently one of the biggest chains of Supermarket in the UK, which was founded in 1949 and …………………..] 1 mark [A SWOT analysis will be used which will address the strengths, weaknesses, threats and opportunities of this business. These items will be addressed by looking at both the external and internal factors of the marketing mix for ASDA] (a)

6 research Research – 4 marks The purpose and value of a source = 1 mark
Explanation of the suitability of a source = 1 mark Maximum 2 marks per source Minimum 2 sources to gain full 4 marks (include 3 sources) Using a table is a good idea Not all sources need to be included in this section but ALL sources should be included in the Appendix

7 Research example 1 I was able to gather further secondary information from website newspaper articles written by the Wall Street Journal [these news articles were up to date as they were written and published in very recent months giving the source more accurate and current information] 1 mark These articles were accessed by typing key words of the topic into the search bars of the Wall Street Journal. no marks (if the pupil had developed this sentence by saying “which made it more accessible” they would have gained a mark)

8 Research example 2 Site visit to head office in Loughborough
Allows physical view of what goes on within the head office and aids understanding of the process as a whole [Can walk around and see the office for myself without bias descriptions, allowing me to form my own opinions of PBB including their quality customer’s services.] 1 mark [Can also ask questions and gain further detail instantly.] 1 mark [However site visits are very time consuming for me as I have to travel down to the office which means it is an inconvenience for me to spend so much of my time travelling] 1 mark, and not getting answers to my questions.

9 Analysis and interpretation
Analysis and Interpretation – 12 marks Each relevant analytical point based on evidence = 1 mark Development of a relevant point = 1 mark No marks will be given for findings, marks are awarded from comments made from findings and should include phrases such as, this shows me, this tells me, this means, this suggests that. THIS MUST be linked to the purpose stated in the introduction

10 Analysis and interpretation example 1
[From the NEXT website it states that NEST has a goal to “improve energy efficiency and reduce energy use”. I believe this shows that NEXT are trying to help the environment by saving energy. Through my research I have found that H&M and NEXT are both retailers that think energy saving is very important to the environment.] source and findings 0 marks [This is also shown on my competitor analysis table.] not developed 0 marks From the NEXT website they say one of their targets is “to send less than 5% of operations waste to landfill by 2015”. I believe this shows that NEXT is committed to stop land pollution as they want as little waste in landfills as possible. From the research I’ve done I couldn’t find information about H&M sending waste to landfills. This means that H&M could have more effective ways of putting their waste. These are findings 0 marks

11 Analysis and interpretation example 2
From my field visit, I found that ASDA’s promotions were very clearly displayed on billboards which were displayed on roads close to the supermarket (Apendix5) source and finding 0 marks. [This means that the customers are always aware of the current promotions which are available throughout the store and this increases customer satisfaction as customer can base their shopping around the offers] 1 mark [This also suggest that ASDA can entice new customers into their supermarket if they are displaying billboards on busy roads, which will create increased awareness about ASDA] 1 mark

12 Analysis and interpretation example 3
A survey which I conducted showed that 25% of people were not happy with the quality of the products they were receiving in ASDA’s ‘smart price’ range (Appendix 4) this is a finding 0 marks but allows for introduction of analysis. [This shows that ASDA are failing to satisfy around a quarter of their customers with their low price strategy, which will decrease the sales of ASDA products as dissatisfied customers will just go elsewhere] 1 mark [this also suggest that a low price is not the only thing customers are looking for, they expect good quality products for what they are paying] 1 mark

13 Conclusions and recommendations
Conclusions and recommendations – 10 marks Should not be a repeat of findings or analytical points New information should not be brought it Each conclusion drawn from evidence = 1 mark Each recommendation drawn from evidence = 1 mark Development of a conclusion or recommendation = 1 mark

14 Conclusion and recommendation example 1
[Because Tesco’s brand guarantee scheme has effectively been given a black mark due to the terms and conditions of it. I would recommend that Tesco fix this by altering the terms and conditions or by making them completely clear to the customer to avoid confusion.] 1 mark However, this could be costly, and so [Tesco would need to evaluate their options and find the simplest and most cost effective way to do so.] 1 mark for development

15 Conclusion and recommendation example 2
[Another conclusion is that, ASDA was scored 4/5 by which? For its value for money and this score was higher than all three of ASDA’s main competitors which showed that generally the majority of customers are happy with what they are paying for. This also shows that ASDA are standing by their slogan of ‘save money live better’ which means that customers will be more enticed to shop at ASDA because they are getting value for money] 1 mark [furthermore, high customer satisfaction means that customers will stay loyal to the supermarket and will not shop elsewhere, therefore retaining the supermarkets high market share] 1 mark for development

16 Conclusion and recommendation example 3
Although ASDA’s price back guarantee is a very successful promotional tactic, I found that from my research customers were unhappy that Aldi and Lidl were not included in the ‘price back guarantee’ and ASDA may not have been the cheapest supermarket if all the supermarkets were included in the price comparison. Findings 0 marks [I would recommend that the price back guarantee includes Aldi and Lidl as they are increasingly getting more popular and consumers are switching to the cheaper supermarkets as they believe that they are getting a better deal] 1 mark. The inclusion of Aldi and Lidl would also mean that customers could get an accurate comparison of where their shopping would be the cheapest.

17 collating Collating – 2 marks Font size 11 or 12 1.5 line spacing
Normal Margins Clear Headings No Graphics or images needed Business Terminology used throughout


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