NMIMS SEMESTER 4 ASSIGNMENT
NMIMS SEMESTER 4 MARKETING ASSIGNMENTS NMIMS Sem 4 December 2023 Marketing Assignments Business: Ethics, Governance & Risk 1. Choose any ONE listed company from the BSE/NSE list of top 150 companies by turnover. Locate the Business Responsibility & Sustainability Report or ESG Report (under Statutory Report) in the Annual Report of 2022-23. Read through the following; Explain in your own words the company’s relationship with water as a resource including what are its water related risks, opportunities and financial implications. How does business manage/approach all its water related issues and initiatives as an overall business strategy such that it minimizes its negative impact on the environment as well as the local communities. (use quantitative data to support your answer where required). DO NOT copy paste. 2. Go through the Code of Conduct and all other corporate policies published on the company’s website. (Can use the same company as in Q1 or another company from the same list) Write an executive summary in your own words about all the key points/parameters covered in the code of conduct plus ONE other policy (NOT csr policy). Conclude with your observations and insights about what both of them are meant to achieve. DO NOT copy paste. 3. Today pollution is a growing health concern globally. It is seen as an essential evil on the path of economic growth and social development. Yet it needs to be addressed for all of us to have a reasonably good quality of life and access to clean air and water is a basic Human Rights. a. Do you think pollution is ethically consumer responsibility as well? Why do you think so? b. Explain atleast two ethical dilemmas faced by companies while trying to reduce their pollution levels. Research Methodology 1. Compare and contrast qualitative and quantitative research methods. Apollo hospitals wants to investigate the factors contributing to patient satisfaction in their hospitals. Develop a research plant using mixed-method approach and outline the steps you would take to conduct research. 2. Netflix is interested in examining the relationship between user interface design and customer satisfaction. How would you design an experimental study to investigate this relationship, and what variables would you manipulate and measure? 3. The once-promising metaverse, envisioned as the future of virtual reality, has faced a remarkable and abrupt downfall. Its rise and fall present a unique opportunity to explore the intricate challenges of constructing interconnected virtual worlds. This article investigates the contributing factors to the metaverse’s demise and examines the valuable lessons learned from this ambitious venture. Originally introduced as “Meta,” an offspring of popular media such as “Tron” and “Second Life,” the metaverse gained significant attention and investment frenzy. However, a lack of clear direction and coherent vision for the product ultimately led to its decline. As the tech industry shifted its focus to generative AI, the fate of the metaverse was sealed, landing it among the failed ideas in the tech industry’s graveyard. This short-lived and inglorious ending of the metaverse serves as a harsh critique of the tech industry that once championed its creation. a. Develop qualitative questions for conducting interview to understand if Metaverse has actually failed? b. Interview 4-5 respondents for with the questions formulated and generate themes to evaluate the future of metaverse? Digital Marketing Ms. Sophia envisions establishing an innovative app called “Jewels4All” dedicated to offering a wide range of jewelry pieces. Jewels4All will act as a comprehensive aggregator platform for jewelry vendors, both established brands and independent artisans, to showcase and sell their products. The app will also feature a collection of exquisite jewelry designed and manufactured in-house. The app’s unique selling proposition (USP) will be providing customers access to high-quality jewelry at competitive prices, enabled by bulk purchasing and a robust digital marketing strategy. The company plans to exclusively focus on digital marketing, forgoing traditional media channels. 1. How will you promote Jewels4All on the online platforms? 2. Assume you plan to launch a campaign to promote the Jewels4All where the main objective is to create brand awareness for the masses. The campaign will be done at the national level with a very high budget. Explain the seven stages for setting up a marketing campaign for the brand Jewels4All. a. Explain the key activities involved in the campaign set up for the Brand Jewels4All. b. What are the key activities involved in monitoring the campaign for Jewels4All? Marketing Research 1. Apple Inc. sees a decline in sale of iPhone in India. They perceived that the new launches such as foldable smartphones by competitors are a threat to their products. They hire you in a role of market researcher and give a task to understand customer preferences for foldable smartphones. Develop a survey questionnaire that captures consumers’ opinions and features, design, price, and brand reputation. 2. Fab India wants to introduce a new clothing line targeting millennial. As a market researcher, develop a questionnaire to conduct in-depth interviews with a representative sample of millennial to understand their fashion preferences, lifestyle, and purchasing behavior. List down the questions and analyze them using thematic analysis. 3. UrbanHomes Developers, a renowned real estate company, is exploring the idea of building a new and innovative housing project in the bustling city of Navi Mumbai, India. The vision is to create a modern living haven that combines contemporary design,sustainable features, and a vibrant community lifestyle. As the project’s market researcher, the goal is to understand potential buyers’ preferences, budget constraints, and location preferences to shape the development according to their needs and aspirations. A. As a market researcher, design a survey based questionnaire to assess potential buyers’ preferences, budget constraints, and location preferences for the new housing development. The survey must include both qualitative and quantitative questions. B. Identify the Target Market and characteristics of ideal respondents. Services Marketing Q1. You are the owner of a retail chain. You currently have consumer durables, groceries and private label clothing range for kids, men, and women. The price point is low and the quality
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