Social, Ethical, and Legal Implications assignment is part of the total marketing plan as outlined in the grading guide.
Purpose of Assignment
The purpose of this assignment is to help students think through the importance of social, legal, and ethical issues that may arise with their product or service and the implications of decisions made within those frameworks. It is designed to help the learners understand ethical and legal issues related to marketing practices. This knowledge helps to prevent such issues when developing the marketing strategies in their marketing plan. The executive overview of the marketing plan is not a summary and conclusion, but an overview of what the plan entails and what it does not address.
Assignment Steps/Format
Note: the Social, Ethical, and Legal Implications assignment is part of the total marketing plan as outlined in the grading guide. It is not a separate paper. Producing and marketing a product without regard to ethical, legal, and social considerations is detrimental to the overall success of any company.
WEEK SIX ASSIGNMENT FORMAT
The selected company is the Week One researched Company; the b2c product/service was selected in Week Two and adapted/modified to your selected foreign market.
A Very Important Clarification on the Week Six Individual Assignment.
Do not copy and paste your entire papers from prior weeks, only copy and paste what is being asked for in the week six topic assignment.
Also, for each stated topic, please address your domestic market choice and your selected foreign market choice.
Please, see below:
WEEK SIX ASSIGNMENT FORMAT
The selected company is the Week One researched Company; the product/service were selected in Week Two.
1 – Introduction (Domestic and Foreign in separate sub-headings)
Describe separately in sub-titled sections:
a – the B2C company,
b – the B2C product,
c – and the elements you will be addressing in your plan,
2 – Incorporate Executive Summary (Week 6)
After researching the components typically included in an Executive Summary, provide such elements. Using numbers, include:
- Strategic Objectives (Domestic and Foreign in separate sub-headings)
- Products or Services (Domestic and Foreign in separate sub-headings)
- Resources Needed (Domestic and Foreign in separate sub-headings)
- Projected Outcomes (3 years) (Domestic and Foreign in separate sub-headings)
3 – Incorporate Understanding Target Markets (Week 2)
Describe separately in sub-titled sections:
a – Select and describe your selected geographical areas (separate from each other using sub-titles)
b – provide a customer demographic profile (Domestic and Foreign in separate sub-headings)
c – provide the quantitative demographics for your selected geographical areas (Domestic and Foreign in separate sub-headings)
d – compute the area market potential for the selected target markets (Domestic and Foreign in separate sub-headings)
4 – Incorporate Promotion and the Product Life Cycle (Week 3)
Describe separately in sub-titled sections:
Here you discuss how Promotion Strategies change in each one of the five stages – (Domestic and Foreign in separate sub-headings)