Attached Files (PDF/DOCX): Assignment Criteria and Instructions.docx
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Attached Files (PDF/DOCX): Assignment Criteria and Instructions.docx
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Attached Files (PDF/DOCX): Support_WD365_2021_9a_Content.docx, SC_WD365_2021_9a_ConnerFoster_1.docx, Instructions_SC_WD365_2021_9a.docx
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Case studies are an essential learning strategy in business classes as they provide an opportunity for you to critically analyze events that have taken place in real-life businesses. This develops your critical thinking and research skills as you research the competition and industry in which your business resides in order to formulate a recommendation for the challenges faced by the company.
For this unit, review the Marketing Spotlight: LEGO case study in Chapter 5 of your textbook. This assignment will be comprised of two parts; one part will ask you to respond to questions, and the other will require you to complete a case analysis.
Part 1
Evaluate this case and respond to each of the following questions using both theory and practical managerial thinking.
Your Part 1 response must be at least two pages in length. Follow APA Style when creating citations and references for this assignment. Note that you will submit Part 1 and Part 2 in one document.
Part 2
Complete a case analysis of LEGO. This requires that you conduct research on LEGO beyond the case study material in the textbook. In the case analysis, you will look at the situational analysis, problem, and alternatives, and you will provide a recommendation. Refer to the instructions below as you construct your analysis.
Situational Analysis
Problem
Alternatives
Recommendation (Marketing Strategy)
In order to successfully complete Part 2 of this case study, you need to review the video and task learning guides (TLGs) below. The following resources will provide you with the skills to research industries/competitors.
Business Insights: This database provides extensive information on companies, industries, and countries worldwide. In addition to country data, market research reports, SWOT analyses, and other types of business research and analysis, the database includes case studies and additional articles from peer-reviewed scholarly journals.
Mergent Market Atlas: This database provides specific company details and reports for publicly traded companies. For example, typing “Apple” into the company search bar will provide details about the specific company, such as the company location, contact information, industry affiliation, and basic financial market details. Use the tabs across the top of the page for further information.
IBISWorld: This database is another great resource for company and industry information. Typing in a company name or keyword related to the industry you would like to explore will bring up a list of industry reports and information related to the search term. This database’s primary focus is on the industry at large rather than the individual company, though some information about industry-related companies is included.
Business Source Ultimate: This is one of our bigger databases. This main screen can be used for industry research. You can search for an industry using the NAICS/Industry Code box near the bottom of the page.
You can search for specific company information by entering a company name in the Company/Entity box near the bottom of the page, where you will also find an option to search using the Ticker Symbol box.
ABI/INFORM Collection: This database can be used to look for articles on specific companies as well as company and industry information. If you type in a company name, you can change the dropdown box that says “Anywhere” to “Company/organization COMPANY.” You can add any keywords you want in the other boxes to narrow your search.
Part 2 must be at least four pages in length. Follow APA Style when creating citations and references for this assignment. Support Part 2 with at least three sources outside of the textbook. As aforementioned, keep in mind that Part 1 and Part 2 will be submitted in one document.
Resources
The following resource(s) may help you with this assignment.
Attached Files (PDF/DOCX): LEGO Case Study.pdf
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You will need the “WDI selected data with logs” Jamovi file, attached below. You will also need to download or access the statistical package Jamovi: you will find instructions on how to do so in the Instructions file. https://www.jamovi.org
Attached Files (PDF/DOCX): 3 Numbers and Graphs.docx, 3 Instructions for the Numbers and Graphs paper v2.docx
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Individual Assignment (Consumer Behavior in Your Life), DUE MARCH 5 (please hand in 2 paper copies and send me one electronic copy by email):
For this written essay assignment, I would like you to think about how the concepts and theories discussed in this course apply to your own behaviors as a consumer.
Please compare and contrast how these concepts and theories apply in your life either for (choose one of the following) for either (i) typical high involvement vs. low involvement consumption episodes, OR (ii) typical public vs. private consumption episodes. For example, how does the relative importance of the various concepts and theories change for high vs. low involvement episodes, OR for public vs. private episodes?
It is recommended that you look ahead at concepts that have not yet been covered in detail (i.e., post-midterm) as well as reviewing the materials covered to date during class.
The suggested layout, and length of each component is provided below. Please also include a cover page with your name, course/instructor information, and a descriptive/creative title for your assignment.
1. Introduction, overview of the remainder of your report, including your choice of either (i) or (ii) comparisons described above. 1 page
2. What are the most important psychological factors that influence your behaviors (motivations, personality and traits, individual values, decision-making style/rules, product knowledge/learning/experiences, life experiences, and so forth)? Provide examples that are clearly linked to these psychological factors, with clear explanations. 2 pages
3. What are the most important social factors that influence your behaviors (for example, cultural and generational values/customs/norms [these can be from your own culture/generation or others], family influences and life-cycle stage, social class, reference group influences [including online vs. offline], and so forth)? Provide examples that are clearly linked to these social factors, with clear explanations. 2 pages
4. What are the most important situational factors that affect your behaviors (for example, sensory inputs, relating to the four Ps of Product, Place, Price, and Promotion such as advertisements, spokespersons, sales promotions or point-of-purchase displays, brand assortment, alternative ways of satisfying a given need/want, product/brand symbolism, retailer selection, absolute vs. relative costs, and so forth)? Provide examples that are clearly linked to these situational factors, with clear explanations. 2 pages
5. What is the relative significance/importance of these different influences (psychological, social, situational) and why? How do these different influences combine to affect your behaviors, including any tradeoffs or conflicts (arising, for example, budgetary constraints, quality/price, approach/avoidance or other conflicts, such as between personal wants vs. group norms, etc.) that you might have to make? 3 pages
6. Has learning the concepts and theories (in this course) had any effect (or do you anticipate it having any future effect) on any of your thoughts and behaviors as a consumer? Explain, using examples. 1 page
7. Bibliography. Cite all sources of information and use APA citation style. This section does not have to be double spaced.
Attatched are some of the lecture slides from this course. If you need any other assistance please email me at rh984886@gmail.com for any questions
Attached Files (PDF/DOCX): 279C64B7-9AB5-4A08-AE72-976F439C352A.pdf
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Attached Files (PDF/DOCX): Resume.pdf
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I will add all instructions. This course is the first step for DBA Doctoral Candidates in the process of developing and completing their applied doctoral research project. Doctoral Candidates will develop Section 1 which includes the Foundation of the Study to include a detailed Literature Review relevant to the proposed research study.