BSBMKG506 Plan market research( prof. Xavier)

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BSBMKG506_Assessment2-Simulation1.docx

ASSESSMENT COVER SHEET

Assessment Details

Qualification Code and Title

BSB51915 Diploma of Leadership and Management

Block/ Term/ Year

Unit Code and Title

BSBMKG506 Plan Market Research

Assessment Type

A2 – Simulation : Fit Life

Re-assessment

YES

NO

Due Date

Student Details

Student Name

Student ID

Instructions to Students: Please read the following instructions carefully.

· The purpose of this assessment is to assess your knowledge and skills.

· This assessment is to be completed according to the instructions given by your assessor.

· To be deemed satisfactory in this assessment, you must write the answers to all written questions correctly or meet all the performance criteria for activity based assessments by the due date.

· Submission after the due date will result in a penalty fee.

· Should you not answer the tasks correctly, you will be given feedback on the results and gaps in knowledge. You will be entitled to one (1) resubmission in showing your competence with this unit.

· If you feel the decision made by your assessor was incorrect please refer to your Student Handbook for information on assessment appeal for the required steps to appeal the decision.

· If you are not sure about any aspect of this assessment, please ask for clarification from your assessor.

· Please refer to the College re-submission and re-sit policy for more information.

· If you have questions and other concerns that may affect your performance in the Assessment, please inform the assessor immediately.

· Please read the tasks carefully then complete all tasks.

· To be deemed competent for this unit you must achieve a satisfactory result with tasks of this Assessment along with a satisfactory result for another Assessment.

· Remember, that it must be your own work and if you use other sources then you must reference these appropriately.

· Submitted document should follow the given criteria. Font should be Times New Roman, Font size need to be 12, line spacing has to be Single line and Footer of submitted document must include Student ID, Student Name and Page Number. Document should be printed double sided.

· This is individual Assessment. Once you have completed the assessment, please provide the hard copy of the Assessments to your Trainer/ Assessor.

· Plagiarism is copying someone else’s work and submitting it as your own. Any plagiarism will result in NYC.

For Assessor Use Only

Assessor’s Name

Assessment Decision: To be accessed as satisfactory in this assessment task, the student must address ALL assessment items/questions satisfactorily.

All individual assessment tasks of this unit must be completed satisfactorily for a student to achieve an overall grade of competent for this unit.

The Student’s Performance is

SATISFACTORY

NOT SATISFACTORY

Student Declaration: I declare that I have read and agreed to the instructions mentioned above and declare that the work submitted is my own and has not been copied or plagiarized from any person or source. I have been assessed in this unit and advised of my result. I am aware of my appeal rights.

Signature:

Date: / /

Assessor Declaration: I declare that I have conducted a fair, valid and flexible assessment with this student and I provided appropriate feedback.

Signature:

Date: / /

ASSESSMENT INFORMATION

Welcome to your Student Assessment Workbook for BSBMKG506 Plan Market Research.

This Workbook is where you will write all your responses for the simulation tasks. Please refer to the Student Assessment Guide for more information.

This assessment has the following event:

Assessment Event 2 – Simulation: Fit Life

You will complete a number of tasks in developing a comprehensive Market Research Plan. These tasks will be based on your role of a Market Research Project Officer in a simulation for Fit Life, an Australian organisation that runs Fitness centres across Australia.

To complete the simulation, you will need to refer to the following resources:

Fit Life Strategic Review

A consultant’s report on the industry and trends and opportunities.

Project Scope Template

The scoping document that provides the direction for your market research.

Please note that your responses for this assessments can (where appropriate) use dot point format. See below of an example of a dot point answers and a full sentence:

Dot point format

Presentation Plan includes the following:

· outcomes

· needs of the audience

· context.

Full sentence format

When you are preparing for a presentation, there a number of tasks that must be carried out. These are listing the outcomes that you want to achieve, followed by the identification of the needs of your audience. When you have completed these two tasks you then check on the room that you will be conducting the presentation.

To Achieve Competence

To be deemed competent for this unit, you will need to meet the following requirements:

· complete all of the questions and tasks listed in the Student Assessment Workbook

· meet all the requirements listed in this Student Assessment Guide

· your responses to the questions and tasks must be relevant, accurate and specific

· submit your completed Student Assessment Workbook to your Assessor within the set timeframes

· your work must be in your own words

· where you use an external source of information, you must provide citation.

ASSESSMENT 2 – Fit LIFE SIMULATION

In this assessment, you will undertake a number of tasks associated with developing a market research plan for a fitness company, Fit LIfe. The focus is on planning and producing a Market Research Plan that is based on the following actions:

· review strengths and weaknesses of the organisation

· identify current performance of the organisation

· document role of marketing research past and future

· identify marketing opportunities that require marketing research and engage in consultation to obtain support for role of marketing research activities

· developing a market research plan

The simulation in Assessment Event 2 has its own set of requirements related to the type of environment, facilities and equipment (where applicable). Please ensure that you familiarise yourself with this comprehensive set of requirements that underpin this simulation. This includes understanding the background of the simulation and the criteria you will be assessed on. These are located in the Appendix of this document.

Task 1: Identify market research needs

In this task you will analyse the relevant data given in the strategic review and then identify market research opportunities. To achieve this, we have listed the following sub tasks:

1.1 Review and describe the current performance of the organisation

Write your response here:

1.2 Identify and list the organisations growth opportunities

Write your response here:

1.3 Identify an organisational need that may require market research

Write your response here:

Task 2: Consult with key stakeholders on market research needs

In this task, you will plan and deliver an interactive workshop with key stakeholders of the organisation to finalise an area to undertake market research.

2.1 Present the current performance and direction of the organisation

You will be observed by your assessor for this task. Please see your Student Assessment Guide.

2.2 Table the current performance of market research in the organisation

You will be observed by your assessor for this task. Please see your Student Assessment Guide.

2.3 Describe the role of marketing research in an organisation

You will be observed by your assessor for this task. Please see your Student Assessment Guide.

2.4 Develop statement of market research opportunities

Finalise your market opportunity in relation to the feedback received from your Manager:

Task 3: Define market research objectives

In this task you will develop a project objective through consultation with the stakeholders of the organisation.

3.1 Develop a market research objective

Write your response here:

3.2 Develop a scoping document for this objective

Complete the Project Scope Template (see separate document).

3.3 Consult with stakeholders on draft objectives and scope and seek feedback

Send your draft Finalise your Project Scope Template to your Manager.

3.4 Review this feedback and finalise market research objective

Finalise your Project Scope Template based on the feedback received from your Manager. Attach the final version.

Task 4: Define data gathering approaches

In this task you will plan the market research project to achieve the objective as follows:

4.1 Identify the research questions

Write your response here:

4.2 Identify types of data required

Write your response into the following table:

Research questions

Types of data required

4.3 With these data collection methods

Write your response into the table:

Research questions

Types of data required

Data collection methods

Method

Strengths

Limitation

·

·

·

·

·

·

·

·

4.4 Identify data sources

Write your response into the table:

Research questions

Data collection methods

Sources of data and information

rationale

4.5 Quantify required data

Write your response here:

4.6 Identify and evaluate suitable data processing methods

Write your response into the table:

Data Processing Method

Strengths

Limitations

·

·

·

·

·

·

·

·

·

·

·

·

·

·

·

·

·

·

Evaluation:

Task 5: Develop market research plan

In this task you will develop a plan in readiness for the implementation of the market research project. This will require you to do the following:

5.1 Identify the resources and timelines required

Write your response into the table:

Research question

Target group

Research method

Information source

Survey questions

Resources

Timeline

5.2 Undertake a feasibility analysis

Write your response here:

5.3 Submit the market research plan to a key stakeholder for approval

Revise your Market Research Plan in light of your Manager’s feedback and attach the final version.

Feedback Evaluation Sheet

The Feedback Evaluation Sheet below is the assessment questions and tasks for each of the assessment events that the student is required to complete. Assessors, tick ‘S’ if the student achieved a satisfactory outcome for an assessment task and ‘NYS’ if the student does not meet these requirements. Also, you are required to write comments on the quality of this evidence under the ‘Comments’ column. For your judgement on the student’s overall performance, tick ‘Satisfactory’ if the student achieves a satisfactory outcome for all of the tasks or ‘Not-Yet-Satisfactory’.

Feedback Evaluation Sheet

Assessment Event 2

S

NYS

Comments

Task 1:

Identify market research needs

Sub Task 1.1

Sub Task 1.2

Sub Task 1.3

Task 2:

Consult with key stakeholders on market research needs

Sub Task 2.1

Sub Task 2.2

Sub Task 2.3

Sub Task

2.4

Task 3:

Define market research needs

Sub Task 3.1

Sub Task 3.2

Sub Task

3.3

Sub Task

3.4

Task 4:

Define data gathering approaches

Sub Task 4.1

Sub Task 4.2

Sub Task 4.3

Sub Task 4.4

Sub Task

4.5

Sub Task

4.6

Task 5:

Develop market research plan

Sub Task

5.1

Sub Task

5.2

Sub Task

5.3

Feedback to Students:

Assessment Outcome Satisfactory Not Yet Satisfactory

Assessor’s Signature:

Date:

BSBMKG506 Plan Market Research – A2 12