Marketing Essay, SIM, Singapore: write an essay focusing on a company of your choice, that will critically analyze and discuss how contemporary marketing
The aim of this assignment is to write an essay focusing on a company of your choice, that will critically analyze and discuss how contemporary marketing issues and practices can become opportunities and challenges, as well as how they impact the organization.
In completing this essay, you are required to focus your answer on one Singapore or UK-based organization. You are free to select any sector; however, the company of your choice must have a recent annual report freely available online for you to read. It is essential that you also research the organization thoroughly using marketing intelligence reports on the sector, as well as consult more specific information about the organization itself. It is suggested that you undertake an analysis of the current marketing practices of the organization through monitoring of their communications and reviewing publicly available information about their strategy and operations.
The following parts will be addressed in the essay:
An introduction to the organization that sets the scene as to their position in the marketplace, alongside their vision/goals/mission, and their future plans (if available). Based on the annual report, present a summary of the future areas of development or performance improvement or where the company currently faces issues. (350-450 words)
Critically analyze what current or emerging trends could impact the organization’s future and discuss how this could be. For example, in the context of their areas of future development, expansion plans, long-term strategy, changes to the operation, adoption of new technology, changes in consumer behavior, logistics, ethical considerations, profitability, etc. Examine how these trends could impact the organization in the selected context. Support your discussion with relevant evidence/data and sound argumentation. (500-600 words)
Select one contemporary marketing issue relevant to the chosen organization and critically evaluate how this issue poses a challenge to the organization. Present evidence to explain the impact on marketing strategy and practice. (500-600 words)
To conclude, discuss implications and recommendations that arise as a result of your analyses in the context of the organization’s future plans. Evaluate and summarise your impact on consumers and wider society, as well as how innovative and feasible your conclusions/recommendations are in the context of the organization’s position and wider industry environment. (350-450 words)