Bethel University Marketing Business Essay
Description
For your Unit 2 Complete assignment, write a narrative essay (minimum 1500 words) in which you address and discuss the questions and statements listed below. Use at least four scholarly sources and remember to demonstrate a thorough understanding of the READ and ATTEND sections in your essay. Cite your sources in APA format.
Choose an organization to use as your focus for answering the following questions. This organization may be the organization for which you work. If you choose a different organization, be certain to choose one that has published information needed to answer the questions. Using APA format and at least four APA formatted references and citations, please respond to the following questions:
- Mission statements guide an organizationàdecisions and strategic plans. Locate an organizationàmission statement. Evaluate the effectiveness of the organizationàmission statement. What changes would you propose the organization make to the mission statement?
- Marketing plans propose a marketing strategy that details the chosen marketing mix (product, place, price, and promotion). Distinguish the specific elements of the organizationàmarketing mix and evaluate the extent to which the strategy reflected in these elements is aligned with the organizationàmission statement. What recommendations would you make to better align the organizationàmarketing strategy with its mission?
- Analyze the current and future situation with respect to the organizationàtarget market using the 5W Model for Customer Analysis.
- Examine the organizationàexternal environment and make inferences as to the impact these external factors may have on the organizationàcurrent and future marketing planning.
- Identify the organizationàcompetitive advantage. Is the competitive advantage durable and valuable? Defend or critique the organizationàcompetitive advantage based upon your earlier analyses.
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