Manoj Reddy Kottala - 3767 - 1 PDF
Manoj Reddy Kottala - 3767 - 1 PDF
Manoj Reddy Kottala - 3767 - 1 PDF
ASSESSMENT TASK -1
Q1.
Answer : Marketing objectives help your business move forward. Typically, they are specific, easy to
measure, possible to achieve, not too ambitious, and designed with a time frame. Successful marketing
objectives are formulated and written in a prescribed way to secure the desired results. For example,
"Increase market share by 15% within the next six months."
• Target Markets: Many goods have the greatest chance for sales in highly specific markets and
demographics. But target markets often shift. “Because what the data results show is not
aligned with who the client believes their demographic is, they have to adjust,” said Latimer.
• Brand Recognition: A typical goal of a marketing objective is to improve brand recognition
among a target demographic or to lay the foundation for a cold call to specific individuals or
businesses. Also, consider market saturation. In this situation, there is a lot of competition and
little apparent room for growth. In a saturated market, it is critical to do things differently than
others in the category to achieve results.
• Increase Revenue: The ultimate aim of marketing objectives is to boost company revenue. To
reach this goal, it’s common to employ all the marketing techniques that work with a particular
audience.
Q2.
Answer : Goals are part of every aspect of business/life and provide a sense of direction, motivation .
Interpersonal Intelligence. Interpersonal intelligence refers to the ability of a person to relate well with
people and manage relationships. It enables people to understand the needs and motivations of those
around them, which helps strengthen their overall influence. People with interpersonal intelligence, a
clear focus Leading by Example .Leadership is a process in which an individual influences the behavior
and attitudes of other people. Leading by example helps other people see what lies, and clarify
importance. By setting goals for yourself, you are providing yourself with a target to aim for. A SMART
goal is used to help guide goal setting. SMART is an acronym that stands
for Specific, Measurable, Achievable, Realistic, and Timely. Therefore, a SMART goal incorporates all of
these criteria to help focus your efforts and increase the chances of achieving your goal.
Goals that are specific have a significantly greater chance of being accomplished. To make a goal
specific, the five “W” questions must be considered:
Q3.
Answer : The Ansoff Matrix was developed by Igor Ansoff and initially published in the Harvard Business
Review. It is a core business strategy tool, taught in business schools to MBA students and utilised
throughout businesses globally.
Ansoff suggested that there were effectively only two approaches to developing a growth strategy;
through varying what is sold (product growth) and who it is sold to (market growth). When combined
with the Ansoff Matrix detailed above, it delivers four strategic options, each with a differing level of
risk. Let’s now look at these in turn.
The lowest risk strategy is for a company to sell its existing products into existing markets as it knows its
customers, has established channels and so on. This strategy Ansoff termed ‘Market Penetration’. This is
only possible where markets are still growing, or where organisations are prepared to use other
elements of the marketing mix (such as price discounting and additional promotional activity) to
penetrate the market at the expense of competitors.
The second strategic option in the Ansoff Matrix is to develop new products for existing markets
(customers), through a ‘Product Development’ strategy. Here the ‘Product’ and ‘Promotion’ elements
of the marketing mix will change (as a minimum), so the risk is higher than market penetration. The
success of this strategy is dependent on the organisation being able to effectively conduct research and
insight into their customer and market needs as well as their own internal capabilities and competencies
for driving innovation.
The third strategic option involves taking existing products into new markets using a ‘Market
Development’ strategy. This is also considered to be risker than market penetration as it can be difficult
to understand the complexities of new markets. Key changes in the marketing mix are likely to be
‘Place’, with consideration of new channels and routes to market, as well as ‘Promotion’, through
promoting to new target segments.
The final strategy in the Ansoff Matrix is ‘Diversification’, which is developing new products for new
markets. This is seen as the riskiest strategy of all four, as the organisation is moving into an unfamiliar
market. However, this risk can be mitigated by undertaking ‘related’ diversification and it could have the
potential to gain the highest returns.
Q4.
A digital marketing strategy is the “why” behind your marketing. Every piece of marketing collateral or
content you create will be informed by your central strategy.
Basically, marketing strategy is a reflection of your short-term and long-term business strategy. Your
marketing strategy should also be a distillation of your brand values, voice, mission and messaging. For
example, if your business aims to scale up quickly, the strategic marketing vision you develop will
support that objective, perhaps by focusing on consumer acquisition or ramping your online presence.
A good marketing strategy will encompass your unique selling proposition, all that your business hopes
to achieve and its brand identity.
Marketing plan
Your marketing plan is the “how” to your strategy’s “why”. Ideally, a marketing plan should be just that
– a plan of action for how you will execute on your strategy to accomplish marketing goals, and by
extension, business goals.
The process of creating a marketing plan is about addressing the real-world steps you will take to create,
promote, track and measure your marketing campaigns, programs and assets. The workflows, tactics
and procedures you develop will provide a roadmap for making your strategy actionable.
Q5.
Answer : Michael Porter's Generic Strategies are a useful framework for organisations to identify a
potential niche in which they can gain a competitive advantage in any industry. Michael Porter's Generic
Strategies are a useful framework for organisations to identify a potential niche in which they can gain a
competitive advantage in any industry.
The Generic Strategies
Each of these is an example of a Generic Strategy , as coined by Porter. They are referred to as generic
as they can be applied to products, services across all industries, and in organisations of a variety of
sizes. These initial strategies as described by Porter were: Cost Leadership (cheap, no
expenses), Differentiation (unique or premium products) and Focus (a specialised service or market). He
later sub-divided Focus into two different strategies: Differentiation Focus (unique strategy
differentiation in a focused market) and Cost Focus (lower costs in a focused market).
Cost Leadership
This strategy generally consists of an organisation attempting to gain a market share by appealing to
cost-conscious or cost-restricted customers or consumers. Therefore, it is the aim of the organisation to
become the lowest-cost producer in their chosen industry. Although any organisation will aim to
remove any unnecessary costs, those employing this strategy prioritise lowering all overheads.
Often, this can be achieved through mass-production of products, allowing the organisation to exploit
the economies of scale; however, costs can be cut during many stages of the production process. This
will allow the organisation to sell products or services for around or below the average price for the
industry, and as a result of cost-limitation will achieve the greatest profits. These mass-produced
products will often be very standard, and will exhibit little-to-no differentiation.
Differentiation
The general focus of differentiation -led organisations is to make their products different or more
attractive than any other within the industry to achieve a competitive advantage. These organisations
generally target larger markets and focus on differentiation on a much wider scale within the industry
than would a cost-led company.
The methods of achieving differentiation can vary broadly across industries, products and services;
however, it can involve various features, functionality, durability, and also how the brand and the
product are marketed to achieve an image which customers value. When designing products, the
organisation will focus on various criteria considered by consumers within the industry, and will then
orient themselves uniquely to meet those criteria.
Cost Focus
Cost-focus refers to organisations who seek to develop a lower-cost advantage, but only within a small
market segment. These products will generally be basic, vaguely similar to the average market-leading
products (though more popular products can be charged at a higher price) and will be acceptable to a
sufficient number of customers in order to make a profit.
An example would be budget food items or other household tools stocked only by small, local
supermarkets. Another would be a low-cost regional airline which focusses only on specific routes.
These products are often referred to as "me too's".
Q6.
Answer: Market development and market penetration were two of four distinct company growth
strategies identified by Igor Ansoff in a 1957 "Harvard Business Review" article. Product development
and product diversification were the other two. Market development is the use of an existing product
or service offering to attract new customer market, whereas market penetration is an effort to dig
deeper within an existing marketplace.
Market penetration is the least risky of the four growth strategie. It involves additional marketing or
more assertive sales efforts to penetrate more deeply into an existing customer base. Increased
market share is a common marketing objective of companies using this strategy.
Adding more convenient business locations or remote locations may also help you access more
customers in the existing market.
Market penetration has limitations. At some point, the marketplace becomes saturated, meaning that
almost all customers with interest in your product or service have been satisfied by you or an existing
customer. At some point, the additional customers you gain through more investment in marketing
don't provide enough return on investment to justify continuing with this strategy. Aggressive market
penetration through competitive advertising methods may help attract some customers, but it can
also lead to responsive attacks from competitors and, potentially, legal issues if you make untrue
claims in the ads.
Companies often brainstorm multiple target market segments when developing a marketing plan. The
first segments targeted with advertising are the ones you feel provide the best potential for
profitability. As long as you have other potential markets, you can grow through market development.
This is especially true when competitors haven't already targeted the new potential market.
You could add stores in new geographic regions with little to no competition. A catalog retailer could
buy a third-party mailing list targeting new customer types to develop beyond its existing customer
mailing list.
The major risk of market development is that it typically requires capital investment in expansion,
either to build new locations or to expand marketing efforts to new territories. If the new opportunity
doesn't pay off, the company wastes capital and resources it could have invested in other strategies.
A company may also spread itself too thin by expanding into new markets. A local lawn service
provider, for instance, may struggle to satisfy existing clients if he expands the business too far and
has difficulty getting all of the work completed in a timely manner.
Q7.
Answer : A balanced scorecard is a strategic management performance metric used to identify and
improve various internal business functions and their resulting external outcomes. Balanced scorecards
are used to measure and provide feedback to organizations. Data collection is crucial to providing
quantitative results as managers and executives gather and interpret the information and use it to make
better decisions for the organization.
Accounting academic Dr. Robert Kaplan and business executive and theorist Dr. David Norton first
introduced the balanced scorecard. The Harvard Business Review first published it in the 1992 article
"The Balanced Scorecard—Measures That Drive Performance “. Both Kaplan and Norton took
previous metric performance measures and adapted them to include nonfinancial information
The balanced scorecard model reinforces good behavior in an organization by isolating four separate
areas that need to be analyzed. These four areas, also called legs, involve learning and growth, business
processes, customers, and finance.
The balanced scorecard is used to attain objectives, measurements, initiatives, and goals that result
from these four primary functions of a business. Companies can easily identify factors hindering
business performance and outline strategic changes tracked by future scorecards.
Q8.
Answer : A) Return on Investment (ROI) is a performance measure used to evaluate the efficiency of an
investment or compare the efficiency of a number of different investments. ROI tries to directly
measure the amount of return on a particular investment, relative to the investment’s cost. To calculate
ROI, the benefit (or return) of an investment is divided by the cost of the investment. The result is
expressed as a percentage or a ratio.
"Current Value of Investment” refers to the proceeds obtained from the sale of the investment of
interest. Because ROI is measured as a percentage, it can be easily compared with returns from other
investments, allowing one to measure a variety of types of investments against one another.
Q9.
Answer: Primary forecasting techniques help organizations plan for the future. Some are based on
subjective criteria and often amount to little more than wild guesses or wishful thinking. Others are
based on measurable, historical quantitative data and are given more credence by outside parties,
such as analysts and potential investors.
The Delphi Technique
The RAND Corporation developed the Delphi Technique in the late 1960s. Using this technique, a
group of field experts responds to a series of questionnaires. The experts are kept apart and unaware
of each other.
The results of the first questionnaire are compiled, and a second questionnaire based on the results of
the first is presented to the experts, who are then asked to reevaluate their responses to the first
questionnaire. This questioning, compilation and re-questioning continues until the researchers have
a narrow range of opinions.
In scenario writing, the forecaster generates different outcomes based on different starting criteria.
The decision-maker then decides on the most likely outcome from the numerous scenarios presented.
Scenario writing typically yields best, worst and middle options.
Business startups often use scenario writing to generate financial projections covering best-, likely-
and worst-case income and expense scenarios, since they don’t have an established track record to
present to funders and potential partners.
Subjective forecasting allows forecasters to predict outcomes based on their subjective thoughts and
feelings. Subjective forecasting uses brainstorming sessions to generate ideas and to solve problems
casually, free from criticism and peer pressure. These sessions are often used when time constraints
prohibit objective forecasts. Subjective forecasts are subject to biases and should be viewed
skeptically by decision-makers.
Time-Series Forecasting
Time-series forecasting is a quantitative forecasting technique. It measures data gathered over time
to identify trends. The data may be taken over any interval: hourly, daily, weekly, monthly, yearly or
longer. Trend, cyclical, seasonal and irregular components make up the time series.
The trend component refers to the data's gradual shifting over time. It is often shown as an upward-
or downward-sloping line to represent increasing or decreasing trends, respectively. Cyclical
components lie above or below the trend line and repeat for a year or longer. The business cycle
illustrates a cyclical component
Q10.
The most important thing to understand before forecasting is that a forecast is really just a judgment
made by someone. Some techniques rely more on judgment than others, however, and they are
generally known as judgment techniques. These techniques include customer surveys, expert
opinions, customer intention survey, and estimates by salespeople.
Channel and Customer Surveys: In some kinds of markets, such as business to business markets,
research companies tend to ask customers how much they are likely to spend on given products in a
given time period. The answers are used to make a forecast. The research companies will then sell the
research to companies. Sometimes the companies will conduct their own surveys to produce their
own forecasts. These surveys are generally better at determining the market potential than the sales
potential. They are, therefore, market potential forecasting methods. After all, a consumer probably
knows what they’ll buy, but isn’t always so sure of which brand they’ll buy from.
Q11.
• Strengths: Identify the advantages that your business has over the competition.
• Weaknesses: Be honest about the weaknesses in your operations.
• Opportunities: Identify the external trends that you can take advantage of.
• Threats: Assess the outside conditions that may be obstacles and have a negative impact on business.
A PESTLE analysis is used to evaluate the outside factors that affect a business:
• Political: Determine how the current direction of the political parties may influence business
development and growth.
• Economic: Examine the effects of interest rates, taxes, the stock market, consumer confidence and
other economic metrics.
• Social: Acknowledge the changes in lifestyles, advertising targets, ethics, demographics and culture.
• Technology: Evaluate your company's current technology. Is it up-to-date?
• Legal: Anticipate any new laws and regulations that can impact your operations.
• Environment: Identify the environmental factors that should be considered.
SWOT and PESTLE analyses are used to make a systematic and thorough evaluation of a new business
or project. The process gives decision-makers a better awareness and understanding of the changes
that may occur and the impact that these changes may have on their business.
While a SWOT analysis focuses on a company's internal strengths and weaknesses, a PESTLE analysis
concentrates on the external factors. Using both methods together produces a comprehensive
evaluation of a project.
B) Most people assume that SWOT and PEST are completely different things. In reality, SWOT and PEST
are used together in strategic analysis.
SWOT stands for Strenghts, Weaknesses, Opportunities, and Threats, and it is used to identify what
external and internal factors can affect the future direction and success of a business.
PEST stands for the Political, Environmental, Social, and Technological Factors that can affect a business.
It is complementary to SWOT in that it used to precisely explore the external Opportunities and Threats
that affect the chances of a business strategy being successful.
Q12.
Answer: Under federal and state laws, it is against the law for employers to discriminate employees and
job applicants, or allow discrimination and harassment to occur within their organisations.
In NSW, employers must not treat job applicants and employees unfairly or harass them because of
their:
• age
• career's responsibilities
• disability
• homosexuality
• marital or domestic status
• race
• sex (including pregnancy and breastfeeding)
• transgender status
It is also against the law to treat people unfairly or harass them because of the age, disability,
homosexuality, marital or domestic status, race, sex or transgender status of any relative, friend or
colleague of a job applicant or employee.
Q13.
Answer : Australia has one national law for fair trading and consumer protection - the Australian
Consumer Law (ACL).
The Australian Competition and Consumer Commission (ACCC) - often referred to as "the A triple C" -
is the Australian Federal Government's national agency dealing generally with competition matters.
The ACCC promotes competition and fair trade in the market place to benefit consumers, business
and the community. It also regulates national infrastructure industries.
Marketing professionals need to pay particular attention to consumer guarantees, which are covered
in Australian Consumer Law. These relate to marketing because they cover the topic of what is
promised or described in marketing to customers before a purchase is made.
Q14.
Answer:
1. Members shall conduct their professional activities with respect for the public interest.
2. Members shall at all times act with integrity in dealing with clients or employers, past and
present, with their fellow members and with the general public.
3. Members shall not intentionally disseminate false and misleading information, whether written,
spoken or implied nor conceal any relevant fact. They have a duty to maintain truth, accuracy
and good taste in advertising, sales promotion and all other aspects of marketing.
4. Members shall not represent conflicting or competing interests except with the express consent
of those concerned given only after full disclosure of the facts to all interested parties.
5. Members, in performing services for a client or employer, shall not accept fees, commissions or
any other valuable consideration in connection with those services from any other than their
client or employer except with the consent (express or implied) of both.
6. Members shall refrain from knowingly associating with any enterprise which uses improper or
illegal methods in obtaining business.
7. Members shall not intentionally injure the professional reputation or practice of another
member.
8. If a member has evidence that another member has been guilty of unethical practices it shall be
their duty to inform the Institute.
Q15.
Identify consumers segments that share common characteristics such as age, gender, education,
income, occupation, and place of residence, or softer variables such as lifestyle and values. Also consider
consumer motivation. What "job" is the customer trying to get done? What barriers may be constraining
consumption?
Knowing who your key competitors are and assessing their strengths and weaknesses can also illuminate
specific growth strategies and ways to differentiate your products and services.
ASSESSMENT TASK- 2
Executive Summary
Established in 2014, Boutique Build Australia is a building company specialising in the design and build of
high quality designer homes for the Sydney metropolitan and surrounding areas.
Our vision to be the best home builder in Australia drives everything we do from the friendly greeting
we give to customers at our display centre to our supplier relationships and to our employees’
professional development.
Vision
To be the best quality home builder in Australia.
• Quality
• Innovation
• Leadership
• Respect
• Honesty and Reliability
Although much of the construction industry is expected to see real growth in the coming 12
months, it is the residential building sector that should experience the most.
The Housing Industry Association (HIA) recently released the summer 2015 edition of its National
Outlook and announced that this year would see a new record of homes commenced.
According to the statistics, a record 195,936 new dwelling commencements are forecast in
2014/15 – a 7.7 per cent growth on the previous year. It is also important to note that this
represents the third year in a row where residential construction has improved – a vital part of the
overall Australian economy.
Although 2014 saw a rise in overall numbers, a significant portion of building approvals never
started- sparking further opportunities when these begin in 2015.
Project Managers, Structures Forepersons and Commercial Contract Administrators will be at the
top of any wish list for construction businesses this year.
Although a number of states are set for an increase, the Sunshine State to experience the most
growth.
The Queensland Government is providing support by offering first home buyer/builder grants as
well as easier procedures for development application approvals.
If you are to compare all the major industries of Australia – construction, manufacturing,
engineering and mining – construction is the only one that is expected to see real growth in the
coming years.
Globally it is expected that the construction industry will grow from $7.2 trillion to over $12
trillion.
The global construction industry has a number of challenges and opportunities according to a
recent report by Global Construction Perspectives and Oxford Economics. A number of factors are
expected to affect outcomes:
▪ Countries’ decisions with respect to carbon reduction, climate change, waste disposal, clean
technology and renewables?
▪ Emerging economies in general are expecting large population increases in the coming decade
creating demand for construction activity whereas population growth in developed countries
will be flat.
▪ Relatively speaking developing countries are expected to grow at 2 to 3% per year and
emerging countries at 6 to 7% per year.
▪ Emerging countries currently represent about 35% of global construction output and this is
expected to increase to 55% by 2020.
▪ The key area of construction growth in emerging countries will be infrastructure: transport,
energy, social infrastructure, schools, hospitals, government accommodation, water, defense
infrastructure and natural resources. These projects are expected to increase by 130% in
developing countries by 2020 but by only 20% in developed countries.
Among st developed countries North America is will see the highest growth rate mostly in
residential construction which will grow at double digits annually. South and Central
o In the future, trends in technology, particularly information technology (IT), may be the greatest
driver of change in the building and construction industry. Electronic tendering and documentation,
data communication, virtual design, shared project data and databases, construction automation,
and energy management will have a significant impact on industry practices. Those parties that are
slow to react to these trends will have difficulty in remaining competitive.
Marketing Strategic Priorities
•Ensure that all financial operations, performance indicators and results support the strategicpolicies
•Achieve profits of at least 10% per annum. Build high quality residents to meet customer needs and
aspirations
•Increase sales of homes in current Sydney market by 10% per annum over the next three years.
•Establish a presence in Queensland and build at least 100 new homes in Brisbane and theSunshine
Coast during the period of the Strategic Plan.
•Research and plan for the launch of new innovative, environmentally friendly homes Continue
building deeper customer relationships
•Customer-centred practice, with a focus on meeting their total needs for a high quality home
•Drive innovation to better meet customer demands Attract, engage and develop the best staff
•Continuing the drive to a customer centred, high performance workforce and culture
•Continually improving communication channels with all our stakeholders, ensuring a flow of timely
andaccurate information to facilitate effective planning and decision making
•Targeting identified growth markets with planned, market appropriate campaigns employing a variety
ofpromotional strategies and advertising mediums
Code of Ethics :
All staff should act with honesty, sincerity and integrity in their approach to their work for the Boutique
Build Australia. All staff should behave with integrity and fairness in all business, professional and
personal relationships.
Staff should not knowingly or recklessly support any information which is confidential, or make any
statement which they know is misleading , false or deceptive to a colleague, client, or to the general
public.
While Boutique Build Australia must observe the terms and conditions of their employment, staff cannot
be required to be complicit in any illegal act. If advised, instructed or encouraged to engage in unlawful
activity, they must decline and report the matter to a line manager.
Conflicts of Interest :
Boutique Build Australia staff should both be and appear to be free of any interest (financial or
otherwise) which might be regarded as being in conflict or incompatible with their integrity and
objectivity.
Independence is the cornerstone of the objectivity. Both external and internal parties have a need for
the credibility of information and action in relation to the boutique activities.
Boutique Build Management at all substantive level seeks credibility and accountability in information
and in the activities of all of the staff. Management must be careful to apply and attitude of
professionalism within the bounds of commercial confidentiality and should remain independent in fact
as well as independent in appearance.
Accordingly, Boutique Build Australia Staff should recognize and avoid situations which may affect their
integrity and objectivity by:
16.1
• Being cautious of undue benefits in the course of their employment.
• ensuring Boutique Build Australia facilities or property, information or resources are used in the
best interests of the Boutique community.
The following section identifies the associated risks in pursuit of our strategic objectives and how we will deal with
them.
Accepting policy change will be a constant factor to manage An understanding of this should
be instilled in all staff Develop ability to foresee and react quickly to change Maintain effective
communication channels with stakeholders Diversification of source markets Develop product
range
Identify operating costs as per future plans and past performance Identify available finance
available Efficient invoicing and debt recovery Accurate income projections Close monitoring
of expenditure Arrange overdraft facilities Scenario planning
High quality delivery of all services Swift reaction to feedback Skilled motivated staff Attractive
fee structures Effective market research Monitor performance Take early corrective action if
not meeting targets/ expectations Maintaining effective relationships with clients Maintaining
effective communication channels with all stakeholders
Diversification of target market Target markets with strong growth forecasted Monitor the
economic trends Regularly review performance in line with anticipated market conditions
Develop culture of accepting continual change React quickly to change Scenario planning
Maintaining effective communication channels with all stakeholders
Emphasis on professional, ethical practices with all stakeholders Staff training Leading by
example Policy implementation and monitoring Effective communication channels with all
stakeholders Ability to manage change Managing available finance for re-investment
Related to Strategic Objectives: All
Version 2.1
Unit Assessment Pack (UAP) – Cover Sheet
Student and Trainer/Assessor Details
Student ID AEC413
Student name Manoj
Contact number
Email address
Trainer/Assessor name
Student Declaration
• I certify that the work submitted for this assessment pack is my own. I have clearly referenced
any sources used in my submission. I understand that a false declaration is a form of
malpractice;
• I have kept a copy of this assessment pack and all relevant notes, attachments, and reference
material that I used in the production of the assessment pack;
• For the purposes of assessment, I give the trainer/assessor of this assessment the permission to:
o Reproduce this assessment and provide a copy to another member of staff; and
o Take steps to authenticate the assessment, including communicating a copy of this
assessment to a checking service (which may retain a copy of the assessment on its
database for future plagiarism checking).
Student signature: ____________Manoj____________________
Date: __16__/___07__/_______20_______
Assessment Plan
To demonstrate competency in this unit, you must be assessed as satisfactory in each of the following
assessment tasks.
Trainer/Assessor
Signature
Assessment Conditions
Unit purpose/application
This unit describes skills and knowledge required to determine strategic change requirements and
opportunities; and to develop, implement and evaluate change management strategies.
It applies to managers with responsibilities that extend across the organisation or across significant parts
of a large organisation. They may have a dedicated role in human resources management, human
resources development, or work in a strategic policy or planning area.
The unit takes a structured approach to change management and applies to people with considerable
work experience and organisational knowledge.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
What the student can expect to learn by studying this unit of competency
Your trainer/assessor will confirm the assessment submission details for each assessment task.
Academic Integrity:
Academic Integrity is about the honest presentation of your academic work. It means acknowledging the
work of others while developing your own insights, knowledge and ideas.
As a student, youare required to:
• Undertake studies and research responsibly and with honesty and integrity
• Ensure that academic work is in no way falsified
• Seek permission to use the work of others, where required
• Acknowledge the work of others appropriately
• Take reasonable steps to ensure other students cannot copy or misuse your work.
Plagiarism:
Plagiarism means to take and use another person's ideas and or manner of expressing them and to pass
them off as your own by failing to give appropriate acknowledgement. This includes material sourced
from the internet, RTO staff, other students, and from published and unpublished work.
Plagiarism occurs when you fail to acknowledge that the ideas or work of others arebeing used, which
includes:
• Paraphrasing and presenting work or ideas without a reference
• Copying work either in whole or in part
• Presenting designs, codes or images as yourown work
• Using phrases and passages verbatim without quotation marks or referencing the
author or web page
• Reproducing lecture notes without proper acknowledgement.
Collusion:
Collusion means unauthorised collaboration on assessable work (written, oral or practical) with other
people. This occurs when a student presents group work as their own or as the work of someone else.
Collusion may be with another RTO student or with individuals or students external to the RTO. This
applies to work assessed by any educational and training body in Australia or overseas.
Collusion occurs when youwork without the authorisation of the teaching staff to:
• Work with one or more people to prepare and produce work
• Allow others to copy your work or share your answer to an assessment task
• Allow someone else to write or edit yourwork (without RTO approval)
• Write or edit work for another student
• Offer to complete work or seek payment for completing academic work for other students.
Both collusion and plagiarism can occur in group work. For examples of plagiarism, collusion and
academic misconduct in group work, please refer to the RTO’s policy on Academic Integrity, plagiarism
and collusion.
Plagiarism and collusion constitute cheating. Disciplinary action will be taken against students who
engage in plagiarism and collusion, as outlined in RTO’s policy.
Proven involvement in plagiarism or collusion may be recorded on students’ academic file and could
lead to disciplinary action.
N/A
Unit outcome
• This unit is not graded, and the student must complete and submit all requirements for the
assessment task for this cluster or unit of competency to be deemed competent.
• Students will receive a 'satisfactorily completed' (S) or 'not yet satisfactorily completed (NS)
result for each individual unit assessment task (UAT).
• The final unit result will be recorded as competency achieved/competent (C) or competency not
yet achieved/not yet competent (NYC).
Prerequisite/s
Nil
Co-requisite/s
Nil
Foundation Skills
The Foundation Skills describe those required skills (learning, oral communication, reading, writing,
numeracy, digital technology and employment skills) that are essential to performance. Foundation skills
essential to performance are explicit in the performance criteria of this unit of competency.
Relevant Legislation
All assessment tasks will ensure that the principles of assessment and rules of evidence are adhered to.
The principles of assessment are that assessment must be valid, fair, flexible, reliable and consistent.
The rules of evidence state that evidence must be sufficient, valid, current and authentic.
AQF Level
AQF levels and the AQF levels criteria are an indication of the relative complexity and/or depth of
achievement and the autonomy required to demonstrate that achievement.
All assessment tasks must ensure compliance with the requirements of AQF level and the AQF level
criteria. For more information, please visit http://www.aqf.edu.au/
Further Information
Additional Information
• This information will be managed by the provisions of the Privacy Act and the Freedom of
Information Act.)
• Students are required to satisfactorily complete and submit all assessment tasks that
contribute to the assessment for a unit.
• Students will be provided with one more attempt to complete this Unit assessment pack
(UAP) if trainer/assessor deems them not satisfactorily completed (NS) in any Unit assessment
task (UAT).
• Unit Pre-Assessment Checklist (UPAC) will be reviewed by the trainer/assessor to ensure the
student is ready for the assessment.
• Feedback regarding this Unit Assessment Pack (UAP) can be emailed to the compliance and
quality assurance department/administration department in your RTO for continuously
improving our assessment and student resources.
Feedback to student
Feedback on students’ assessment performance is a vital element in their learning. Its purpose is to
justify to students how their competency was assessed, as well as to identify and reward specific
qualities in their work, to recommend aspects needing improvement, and to guide students on what
steps to take.
Feedback defines for students what their trainer/assessor thinks is important for a topic or a subject. At
its best, feedback should:
• Be provided for each Unit Assessment Task (UAT)
• Guide students to adapt and adjust their learning strategies
• Guide trainers/assessors to adapt and adjust teaching to accommodate students’ learning
needs
• Be a pivotal feature of learning and assessment design, not an add-on ritual
• Focus on course and unit learning outcomes
• Guide students to become independent and self-reflective learners and their own critics
• Acknowledge the developmental nature of learning.
If students have not received proper feedback, they must speak to the Academic coordinator.
For more information, please refer to The One international College Student Handbook.
Unit Pre-Assessment Checklist (UPAC)
UAT 1 – Unit Knowledge Test (UKT)
Purpose of the checklist
The pre-assessment checklist helps students determine if they are ready for assessment. The
trainer/assessor must review the checklist with the student before the student attempts the assessment
task. If any items of the checklist are incomplete or not clear to the student, the trainer/assessor must
provide relevant information to the student to ensure they understand the requirements of the
assessment task. The student must ensure they are ready for the assessment task before undertaking it.
Section 1: Information for Students
• Please make sure you have completed the necessary prior learning before attempting this
assessment.
• Please make sure your trainer/assessor clearly explained the assessment process and tasks to be
completed.
• Please make sure you understand what evidence is required to be collected and how.
• Please make sure you know your rights and the Complaints and Appeal process.
• Please make sure you discuss any special needs or reasonable adjustments to be considered
during the assessment (refer to the Reasonable Adjustments Strategy Matrix and negotiate
these with your trainer/assessor).
• Please make sure that you have access to a computer and the internet (if you prefer to type the
answers).
• Please ensure that you have all the required resources needed to complete this Unit Assessment
Task (UAT).
• Due date of this assessment task is according to your timetable.
• In exceptional (compelling and compassionate) circumstances, an extensionto submit an
assessment can be granted by the trainer/assessor.
• Evidence of the compelling and compassionate circumstances must be provided together with
your request for anextension to submit your assessment work.
• Request for an extension to submit your assessment work must be made before the due date of
this assessment task.
• Written Questions
• This is the first (1) unit assessment task you have to successfully complete to be deemed
competent in this unit of competency.
• The Unit Knowledge Test is comprised of fifteen (15) written questions.
• You must respond to all questions and submit them to your Trainer/Assessor.
• You must answer all questions to the required level, e.g. provide the number of points, to be
deemed satisfactory in this task.
• You will receive your feedback within two weeks - you will be notified byyour Trainer/Assessor
when results are available.
Applicable conditions:
• This knowledge test is untimed and are conducted as open book tests (this means you are able
to refer to your textbook during the test).
• You must read and respond to all questions.
• You may handwrite/use computers to answer the questions.
• You must complete the task independently.
• No marks or grades are allocated for this assessment task. The outcome of the task will be
Satisfactory or Not Satisfactory.
• As you complete this assessment task,you are predominately demonstrating your written skills
and knowledge to your trainer/assessor.
• The trainer/assessor may ask you relevant questions on this assessment task to ensure that this
is yourown work.
• Where a student’s answers are deemed not satisfactory after the first attempt, a resubmission
attempt will be allowed.
• You must speak to your Trainer/Assessor if you have any difficulty in completing this task and
require reasonable adjustments (e.g. can be given as an oral assessment).
• For more information, please refer to your RTO Student Handbook.
Location:
• This assessment task may be completed in a learning management system (i.e. Moodle) or an
independent learning environment.
• Your trainer/assessor will provide you with further information regarding the location for
completing this assessment task.
• This assessment task requires the student to answer all the questions.
• Answers must demonstrate the student’s understanding and knowledge of the unit.
• If all assessment tasks are deemed Satisfactory (S), then the unit outcome is Competent (C).
• If at least one of the assessment task is deemedNot Satisfactory (NS), then the unit outcome is
Not Yet Competent (NYC).
• Once all assessment tasks allocated to this Unit of Competency have been undertaken,
trainer/assessor will complete an Assessment plan to record the unit outcome. The outcome will
be either Competent (C) or Not Yet Competent (NYC).
• The “Assessment Plan” is available with the Unit Assessment Pack (UAP) – Cover Sheet.
This assessment task is designed to evaluate your Knowledge for the following:
• Knowledge to identify the strategic development needs of an organisation and explain the
necessity to review organisational policies and practices against strategic objectives.
• Knowledge to monitor the external and internal environment to identify the events that impact
the achievement of organisational change objectives using PESTLE.
• Knowledge to identify and outline the major operational change requirements due to the
performance gaps among employees, business threats and management decisions.
• Knowledge to review and prioritise change requirements or opportunities with relevant
leaders/managers.
• Knowledge to identify the questions that need to be consulted with stakeholders to assist in the
identification of major change requirements and opportunities.
• Knowledge to identify the primary and secondary cost components of change management and
identify barriers to change using risk analysis.
• Knowledge to explain the distinct phases and components of the change management process.
• Knowledge to obtain approvals from relevant authorities to confirm the change management
process.
• Knowledge to mention the benefits of correctly implementing organisational change and initiate
distinct steps to set up training plan.
• Knowledge to implement tactics to implant changes in an organisation.
• Knowledge to monitor and review the change management strategy.
Instructions:
• Computer
• Internet
• MS Word
• Printer or e-printer
• Adobe Acrobat/reader
• Learning management system
QUESTION 1
Discuss the purpose of setting marketing objectives (Maximum 50 words).
QUESTION 2
Discuss each component of the acronym SMART in relation to marketing objectives (Maximum 150
words).
QUESTION 3
Discuss the Ansoff matrix and its application to developing marketing objectives (Maximum 100 words).
QUESTION 4
Explain the difference between a marketing strategy and marketing objectives (Word limit 100).
QUESTION 5
Explain Porter’s model of competitive advantage and its relationship to marketing strategy and setting
objectives (Maximum 100 words).
QUESTION 6
Explain differences between the marketing strategies of market penetration, market development,
product development and diversification (Maximum 200 words).
QUESTION 7
Explain the balanced scorecard approach and its usefulness in assessing organisational performance
(Maximum 100 words).
QUESTION 8
a. Define the term return on investment.
b. Outline how return on investment.is calculated.
(Word limit 100 in each response)
QUESTION 9
Describe four statistical methods and/or forecasting techniques that can be used to evaluate marketing
opportunities (maximum 250 words).
QUESTION 10
Briefly describe one method for forecasting market growth rate(word limit 50).
QUESTION 11
a. Explain the purpose of a SWOT analysis and a PEST analysis
b. Discuss at least 2 differences between each.
(word limit 100 to each responses).
QUESTION 12
As a Senior Marketing Manager responsible for a team of staff, outline the anti-discrimination legislation
you would need to adhere to. Provide one example of how you would implement legislation in daily
practice.
QUESTION 13
Outline key legislation and regulations that apply to the marketing industry in Australia. Provide at least
three examples.
QUESTION 14
Briefly describe the importance for marketers to abide by the provisions of the Australian Marketing
Institute Code of Professional Conduct (word limit 70).
QUESTION 15
Describe one aspect of this Code that is important in relation to identifying marketing opportunities.
Unit Assessment Result Sheet (UARS)
Assessment Task 1 – Unit Knowledge Test (UKT)
Student and Trainer/Assessor Details
Unit code BSBMKG608
Unit name Develop Organisational marketing objectives
Outcome of Unit First attempt:
Assessment Task (UAT)
Outcome (please make sure to tick the correct checkbox):
Satisfactory (S) ☐ or Not Satisfactory (NS) ☐
Second attempt:
Student Declaration • I declare that the answers I have provided are my own work.
Where I have accessed information from other sources, I have
provided references and or links to my sources.
• I have kept a copy of all relevant notes and reference material
that I used as part of my submission.
• I have provided references for all sources where the
information is not my own. I understand the consequences of
falsifying documentation and plagiarism. I understand how
the assessment is structured. I accept that all work I submit
must be verifiable as my own.
• I understand that if I disagree with the assessment outcome, I
can appeal the assessment process, and either re-submit
additional evidence undertake gap training and or have my
submission re-assessed.
• All appeal options have been explained to me.
Student Signature Manoj
Date
Trainer/Assessor Name
Trainer/Assessor I hold:
Declaration Vocational competencies at least to the level being delivered
Current relevant industry skills
Current knowledge and skills in VET, and undertake
Ongoing professional development in VET
I declare that I have conducted an assessment of this candidate’s
submission. The assessment tasks were deemed current, sufficient,
valid and reliable. I declare that I have conducted a fair, valid, reliable,
and flexible assessment. I have provided feedback to the above-
named candidate.
Trainer/Assessor
Signature
Date
Office Use Only Outcome of Assessment has been entered onto the Student
Management System on _________________ (insert date)
by (insert Name) __________________________________
Unit Pre-Assessment Checklist (UPAC)
UAT 2 – Unit Project (UP)
Purpose of the checklist
The pre-assessment checklist helps students determine if they are ready for assessment. The
trainer/assessor must review the checklist with the student before the student attempts the assessment
task. If any items of the checklist are incomplete or not clear to the student, the trainer/assessor must
provide relevant information to the student to ensure they understand the requirements of the
assessment task. The student must ensure they are ready for the assessment task before undertaking it.
Section 1: Information for Students
• Please make sure you have completed the necessary prior learning before attempting this
assessment.
• Please make sure your trainer/assessor clearly explained the assessment process and tasks to be
completed.
• Please make sure you understand what evidence is required to be collected and how.
• Please make sure you know your rights and the Complaints and Appeal process.
• Please make sure you discuss any special needs or reasonable adjustments to be considered
during the assessment (refer to the Reasonable Adjustments Strategy Matrix and negotiate
these with your trainer/assessor).
• Please make sure that you have access to a computer and the internet (if you prefer to type the
answers).
• Please ensure that you have all the required resources needed to complete this Unit Assessment
Task (UAT).
• Due date of this assessment task is according to your timetable.
• In exceptional (compelling and compassionate) circumstances, an extensionto submit an
assessment can be granted by the trainer/assessor.
• Evidence of the compelling and compassionate circumstances must be provided together with
your request for anextension to submit your assessment work.
• Request for an extension to submit your assessment work must be made before the due date of
this assessment task.
• This is the second (2) assessment task you have to successfully complete to be deemed
competent in this unit of competency.
• This assessment task requires you to complete a project report.
• You must complete a comprehensive project report based on the given case study to
successfully complete this project.
• You will receive your feedback within two weeks - you will be notified by your trainer/assessor
when results are available.
• You must attempt all activities of the project for your trainer/assessor to assess your
competency in this assessment task.
Applicable conditions:
• This project is untimed and are conducted as open book tests (this means you are able to refer
to your textbook).
• You must complete and submit a project report.
• Word limit to complete project report 1000-1200 words.
• You may handwrite/use computers to answer the criteria of the project.
• You must complete the task independently.
• No marks or grades are allocated for this assessment task. The outcome of the task will be
Satisfactory or Not Satisfactory.
• As you complete this assessment task, you are predominately demonstrating your practical
skills, techniques and knowledge to your trainer/assessor.
• The trainer/assessor may ask you relevant questions on this assessment task to ensure that this
is your own work.
• Where a student’s answers are deemed not satisfactory after the first attempt, a resubmission
attempt will be allowed.
• You must speak to your Trainer/Assessor if you have any difficulty in completing this task and
require reasonable adjustments (e.g. can be given as an oral assessment).
• For more information, please refer to your RTO Student Handbook.
Location:
• You will identify change requirements and prepare a project report in this assessment task.
• The report must be based on given case study.
• You will be expanding the knowledge and skills acquired during the previous assessment task.
• Instructions to complete the project report is provided within the assessment task.
• You will be required to correctly attempt all activities of this assessment task.
• This assessment task requires the student to successfully complete and submit a project.
• Answers must demonstrate the student’s understanding and skills of the unit.
• You will be assessed according to the provided performance checklist/ performance criteria.
• Assessment objectives/ measurable learning outcome(s) are attached as performance checklist/
performance criteria with this assessment task to ensure that you have successfully completed
and submitted the assessment task.
• If all assessment tasks are deemed Satisfactory (S), then the unit outcome is Competent (C).
• If at least one of the assessment task is deemed Not Satisfactory (NS), then the unit outcome is
Not Yet Competent (NYC).
• Once all assessment tasks allocated to this Unit of Competency have been undertaken,
trainer/assessor will complete an Assessment plan to record the unit outcome. The outcome will
be either Competent (C) or Not Yet Competent (NYC).
• The “Assessment Plan” is available with the Unit Assessment Pack (UAP) – Cover Sheet.
This assessment task is designed to evaluate your following skills and abilities:
• Skills to identify the strategic change requirements analysing the organisational and strategic
plan.
• Skills to review existing policies and practices to identifyareas of concerns where changes are
required and potential impact of not implementing the changes
• Skills to monitor the external environment and identify the trends that impact the achievement
of organisational objectives.
• Skills to identify the major change requirement with managers due to performance gaps,
business opportunities or threats.
• Skills to review and prioritise change requirements.
• Skills to identify future opportunities and weaknesses using a SWOT analysis.
• Skills to consult with relevant groups and individuals for input into the change process.
• Reading skills to collect, review, interpret/understand and analyse/review text-based business
information from the given case study.
• Computer
• Internet
• MS Word
• Printer or e-printer
• Adobe Acrobat/reader
• Learning management system
Assessment Instructions:
Boutique Build Australia was established in 2014 and is a boutique building company based in Sydney that
specialises in the design and build of high-quality designer homes for the Sydney metropolitan and
surrounding areas.
The company has been operational for three years and employs a number of staffs including CEO,
Operations Manager, Marketing Manager, Administration Officer, Site Manager and two sales consultants.
The company has recently developed a Strategic Plan as part of a new focused approach to the business.
There is a strong emphasis on green building services. The Strategic Plan will also be used to formulate a
marketing plan, as to date, limited investment and staff time have been put into marketing. As the
importance of the marketing function has recently been recognised, the role of Marketing Manager (your
role) has only recently been established. The CEO has also indicated it may be possible to recruit a new
marketing officer to assist with marketing functions.
To date, most business is generated through word of mouth. The company has a website, which has also
generated some business. Note at the beginning of the key a SEO expert was employed with the objective
of increasing web traffic by 20%. The most recent data about customers visiting the website during the
preceding six months is as follows:
The company has also placed a number of advertisements in local community newspapers. The CEO has
indicated that during the time that the advertisement was placed (three times over three consecutive
weeks), there were a number of enquiries about the company’s products and services but not leads. The
CEO is unsure that this is the right medium for the company’s target group who are high income earners,
seeking homes that are stylish, innovative and of high quality.
Currently about 1% of total revenue is spent on marketing. The company’s total revenue for the financial
year 2014 – 2015 was $2,000,000 and gross profit was $400,000. Marketing costs to date comprise of
ongoing website maintenance and the newspaper advertisements referred to. The CEO recognises that he
is committed to spending more on marketing and has indicated that the percentage could rise up to 3%
depending on your recommendations. Note, research shows that competitors are spending at least 5% of
their budget on marketing.
Regarding awareness of the company, recent market research conducted showed the following:
▪ 4 out of 30 customers interviewed recognised the Boutique Building Australia name.
Second attempt:
50.4
Student Declaration • I declare that the answers I have provided are my own work.
Where I have accessed information from other sources, I have
provided references and or links to my sources.
• I have kept a copy of all relevant notes and reference material
that I used as part of my submission.
• I have provided references for all sources where the
information is not my own. I understand the consequences of
falsifying documentation and plagiarism. I understand how
the assessment is structured. I accept that all work I submit
must be verifiable as my own.
• I understand that if I disagree with the assessment outcome, I
can appeal the assessment process, and either re-submit
additional evidence undertake gap training and or have my
submission re-assessed.
• All appeal options have been explained to me.
Student Signature Manoj
Date
Trainer/Assessor Name 51.1
Trainer/Assessor I hold:
Declaration Vocational competencies at least to the level being delivered
Current relevant industry skills
Current knowledge and skills in VET, and undertake
Ongoing professional development in VET
I declare that I have conducted an assessment of this candidate’s
submission. The assessment tasks were deemed current, sufficient,
valid and reliable. I declare that I have conducted a fair, valid, reliable,
and flexible assessment. I have provided feedback to the above-
named candidate.
Trainer/Assessor
51.2
Signature
Date
51.3
Office Use Only Outcome of Assessment has been entered onto the Student
Management System on _________________ (insert date)
by (insert Name) __________________________________
16.1 Some parts of Strategic analysis report are missing. Refer to template provided from review of marketing
performance up to recommended marketing objectives
50.1 07
50.2 08
50.3 2020
50.4 Some parts of Strategic analysis report are missing. Refer to template provided from review of marketing
performance up to recommended marketing objectives
51.2 mc
51.3 07.08.20