Ask Business Management Expert

Assessment instructions: Each answer should be in a short essay format the font that has been selected is Arial narrow - size 11, single-spaced. Students should restrict their answer to one page per question with a new answer on each page. Once completed [refined and proofread] the mid-semester case study should be uploaded to Blackboard - no later than 09/05/2018 at 23:59.

There is no need to in-text reference the e-book, however, all other sources should be appropriately referenced. WARNING: It is your responsibility to take appropriate steps to save and protect your work with regular back-ups.

The following assessment scenario is designed to enable students to provide context to their answers. The scenario is fictional and students may improvise to better demonstrate their knowledge.

Students may find it necessary to discuss the buyer decision process with someone more experience [you may even visit a car yard to ask for advice].

Assessment scenario: Gino, Brett, and Alex have been mates since school. A couple of times a year they get together to watch an AFL game and have a bar-b-que and a few drinks. Gino and Alex are passionate Eagles supporters; however, Brett is a Richmond supporter - just like his Dad and Grandad. They all wear their club colours. Gino is a plumber and Brett is an electrician - Alex refers to them, like many Australians, as 'tradies'. Alex works in an insurance brokers office a 'pen pusher'. As is the nature of Australian humour there is a fair bit of banter between the three mates. Gino and Brett have 4X4 utilities; this allows them to meet both their private and work needs.

During the half-time break the conversation turned to what vehicles they would purchase next. Alex  has little choice as he has a work vehicle at the moment it is a Toyota Camry Hybrid - he has little say in this choice. If he did it would be the new Ford Mustang. Recetly, Alex and his Dad attended the National Mustang Gathering at Gloucester Park in Perth - around $10.5 million dollars worth of cars were on display. The Mustangs ranged from the 1960s to 2018. Alex and his Dad have floated the idea about having a 'Sunday car'. That way they could both enjoy some father and son time - a Ford Mustang is top on their list.

Gino has been loyal to Holden, however, he is questioning his loyalty, as Holden are no longer manufacturing in Australia. Alex said that is the same for the Camrys. Gino likes the look of the Holden Colorado, he has a mate who has accessorised his and it looks good enough to go out in the evenings, go bush or beach on the weekends.

Brett agrees that today's Holden Colarado is a far cry from a few years ago, however, he fancies updating his 2014 Volkswagon Amarok 4X4 diesel with a new model. Gino asks if he feels the Volkswagon scandal has impacted on his attitude to Volkswagon. Brett states that at first, he was annoyed because he trusted Volkswagen and he felt let down, but, the car is good, it has been extremely reliable and has reasonable running costs - plus, he read somewhere that other car manufacturers were also behaving badly, and some had also received fines. Alex asks why are they procrastinating and Brett states that the new model is very similar to his present model and he wants the new car to be a completely different experience - not just a change of colour and a few technology apps. Then Brett adds, that as a subcontract electrician he is concerned that a few large building companies had gone into liquidation and he is worried that he may be effected.

Gino states that the third quarter of footy is about to start; they take up their usual positions in the TV room - an advertisement for Toyota Hi-Lux 4X4 comes on the screen and Gino states maybe I will take a Hi-Lux for a test drive. Alex states that the Ford Ranger might be worth a test drive - Brett adds that a Nissan Nivaro should also be on the cards.

They all have their mobile phones in their hands.

Q1: Employ Maslow's hierarchy of needs to identify the needs inferred within the assessment scenario. Explain your reasoning

Q2: Select either Gino's, Brett's, or Alex's decision-making process to demonstrate your knowledge of the buyer decision process [assume the one you select enters and completes the first time zone].

Q3: Demonstrate your understanding of the situational factors [COMP] and how they may influence the decisions of Gino, Brett, and possibly Alex.

Q4: It appears that Gino is starting to construct a considered set of products. Identify this product category and discuss the decision-making rules that Gino may employ when selecting a new car.

Q5: There are a number of product considerations inferred within the scenario - select what you consider are the key considerations and demonstrate your knowledge.

Q6: Discuss how marketing practitioners could employ an understanding of the buyer decision process to provide a better customer experience.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M93052018
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As