. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.

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marketing_management8.docx

ASSIGNMENT 08

BM350 Marketing Management

Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling, and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.

Respond to the items below.

Part A: With Products, Is It Form or Function?

The “form versus function” debate applies in many arenas, including marketing. Some marketers believe that product performance is the end all and be all. Other marketers maintain that the looks, feel, and other design elements of products are what really make the difference.

Take a position: Product functionality is the key to brand success versus product design is the key to brand success.

Part B: Is the Right Price a Fair Price?

Prices are often set to satisfy demand or to reflect the premium that consumers are willing to pay for a product or service. Some critics shudder, however, at the thought of $2 bottles of water, $150 running shoes, and $500 concert tickets.

Take a position: Prices should reflect the value that consumers are willing to pay versus prices should primarily just reflect the cost involved in making a product or service.

Grading Rubric

Please refer to the rubric on the next page for the grading criteria for this assignment.

This is the end of Assignment 8.

CATEGORYExemplarySatisfactoryUnsatisfactoryUnacceptable

10 points 8 points 5 points 2 points

Student provides a clear,

logical description of what he

or she believes is the key to

brand success.

Student provides a mostly

clear, logical description of

what he or she believes is

the key to brand success.

Student provides a weak or

unclear description of what

he or she believes is the

key to brand success.

Student provides a poor

description of what he or

she believes is the key to

brand success.

30 points 20 points 15 points 10 points

Student provides a clear,

logical discussion of the

various considerations in

suppport of of what they

believe is the key to brand

success.

Student provides a mostly

clear, logical discussion of

the various considerations in

suppport of of what they

believe is the key to brand

success.

Student provides a weak or

unclear discussion of the

various considerations in

suppport of of what they

believe is the key to brand

success.

Student provides a poor

discussion of the various

considerations in suppport

of of what they believe is

the key to brand success.

10 points 8 points 5 points 2 points

Student provides a clear,

logical description of what

they believe is the key to

pricing success.

Student provides a mostly

clear, logical description of

what they believe is the key

to pricing success.

Student provides a weak or

unclear description of what

they believe is the key to

pricing success.

Student provides a poor

description of what they

believe is the key to

pricing success.

30 points 20 points 15 points 10 points

Student provides a clear,

logical discussion of the

various considerations in

suppport of what they

believe is the key to pricing

success.

Student provides a mostly

clear, logical discussion of

the various considerations in

suppport of what they

believe is the key to pricing

success.

Student provides a weak or

unclear discussion of the

various considerations in

suppport of what they

believe is the key to pricing

success.

Student provides a poor

discussion of the various

considerations in suppport

of what they believe is the

key to pricing success.

10 points 8 points 5 points 2 points

Student makes no errors in

grammar or spelling that

distract the reader from the

content.

Student makes 1-2 errors in

grammar or spelling that

distract the reader from the

content.

Student makes 3-4 errors in

grammar or spelling that

distract the reader from the

content.

Student makes more than

4 errors in grammar or

spelling that distract the

reader from the content.

10 points 8 points 5 points 2 points

The paper is written in

proper format. All sources

used for quotes and facts are

credible and cited correctly.

The paper is written in

proper format with only 1-2

errors. All sources used for

quotes and facts are credible

and most are cited correctly.

The paper is written in

proper format with only 3-5

errors. Most sources used

for quotes and facts are

credible and cited correctly.

The paper is not written in

proper format. Many

sources used for quotes

and facts are less than

credible (suspect) and/or

are not cited correctly.

Format (10 Points)

Mechanics (10

Points)

Part A Stated

Position (10 points)

Part B Stated

Position (10 points)

Part B Position

Support (30 points)

Part A Position

Support (30 points)