Mkt621 Assignment announcement
Friday, May 07, 2010 Posted In Mkt Edit This
Semester “Spring 2010”
“Advertising & Promotion (MKT621)”
Assignment No. 01 Marks: 20
“Case Study”
Irfan was born in a milk man’s home 20 years ago. He has four brothers and two sisters living
in a typical middle class house. His father has 10 milking units (Buffalos & Cows) which
provide living for him and his medium size family. Irfan’s father fortunately won a contract of
milk supply to a multinational company 5 years ago which used to buy milk at the rate of Rs.
25 per litre at a normal profit for irfan’s father. Supplying milk to multinational company is a
certain business but it provides no growth opportunity.
Irfan’s other four brothers could not complete their studies and had to learn some artisan work
which provided them just fair source of income. Irfan being a different boy showed his interest
in education and completed his studies BBA honors from VU Pakistan in 2009. Instead of
going for a job, Irfan preferred to join his father’s business soon after the completion of studies.
After joining business, Irfan very quickly learnt the mechanics of business. His understanding
of the supply chain enlightened him that only those could grow in the current competitive world
who served the final market with a strong brand. Irfan also learnt that multinational company,
whom they were supplying milk, sold one litre of milk at Rs. 45 per litre after packaging and
processing the milk.
His initial research shows that middle class families are not satisfied from the price and quality
of packed and unbranded milk due to different reasons. Being motivated for growth based on
all his findings, Irfan decided to reshape his current business into a fresh branded milk business
which could supply milk to middle income households in nearby towns. To be on the safe side
Irfan cut 50% milk supply to multinational company with a plan to abandon it completely if his
new idea works.
Required:
Irfan needs your help in following areas:
Question # 01:
Suggest a suitable[b]Brand Namefor Irfan’s business which should have a
potential to be a National and ultimately Multinational brand.
(2)
Question # 02:
Suggest whichPromotional Mix (Tool)Irfan should use to market his
business in local market after keeping the nature of his market segment.
(10)
Question # 03:
Design the followingPromotion Toolsfor Irfan’s business:(6)
a.
Broachers/ Leaflets/ Pamphlet
[/b]
b.
Banners (Along with their hanging according to your own city)
c.
Billboards (Along with their locations according to your own city)
Question # 04
: Give[b]General Commentsabout his business idea that does it have potential to
succeed?
(2)
Important Tips
1. This Assignment can be best attempted from the knowledge acquired after
watching video lecture no. 1 to lecture no 12 and reading handouts as well as
recommended text book).
[/b]
2.
Video lectures can be downloaded for free from www.youtube.com/vu.
Schedule
Opening Date and Time May 03, 2010 At 12:01 A.M. (Mid-Night)
Due Date and Time May 06, 2010 At 11:59 P.M. (Mid-Night)
Note:
Only in the case of Assignment, 24 Hrs extra / grace period after the above mentioned
due date is usually available to overcome uploading difficulties which may be faced by the
students on last date. This extra time should only be used to meet the emergencies and above
mentioned due dates should always be treated as final to avoid any inconvenience.
Important Instructions:
Please read the following instructions carefully before attempting the assignment solution.
Deadline:
•
Make sure that you upload the solution file before the due date. No
assignment will be accepted through e-mail once the solution has been
uploaded by the instructor.
Formatting guidelines:
•
Use the font style “Times New Roman” and font size “12”.
•
It is advised to compose your document in MS-Word 2003.
•
Use black and blue font colors only.
Solution guidelines:
•
Use APA style for referencing and citation. For guidance search “APA
reference style” in Google and read various website containing
information for better understanding or visit
http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
•
Every student will work individually and has to write in the form of an
analytical assignment.
•
Give the answer according to question, there will be negative marking
for irrelevant material.
•
For acquiring the relevant knowledge don’t rely only on handouts but
watch the video lectures and use other reference books also.
Rules for Marking
Please note that your assignment will not be graded or graded as Zero (0) if:
•
It has been submitted after due date
•
The file you uploaded does not open or is corrupt
•
It is in any format other than .doc (MS. Word)
•
It is cheated or copied from other students, internet, books, journals etc…
“Advertising & Promotion (MKT621)”
Assignment No. 01 Marks: 20
“Case Study”
Irfan was born in a milk man’s home 20 years ago. He has four brothers and two sisters living
in a typical middle class house. His father has 10 milking units (Buffalos & Cows) which
provide living for him and his medium size family. Irfan’s father fortunately won a contract of
milk supply to a multinational company 5 years ago which used to buy milk at the rate of Rs.
25 per litre at a normal profit for irfan’s father. Supplying milk to multinational company is a
certain business but it provides no growth opportunity.
Irfan’s other four brothers could not complete their studies and had to learn some artisan work
which provided them just fair source of income. Irfan being a different boy showed his interest
in education and completed his studies BBA honors from VU Pakistan in 2009. Instead of
going for a job, Irfan preferred to join his father’s business soon after the completion of studies.
After joining business, Irfan very quickly learnt the mechanics of business. His understanding
of the supply chain enlightened him that only those could grow in the current competitive world
who served the final market with a strong brand. Irfan also learnt that multinational company,
whom they were supplying milk, sold one litre of milk at Rs. 45 per litre after packaging and
processing the milk.
His initial research shows that middle class families are not satisfied from the price and quality
of packed and unbranded milk due to different reasons. Being motivated for growth based on
all his findings, Irfan decided to reshape his current business into a fresh branded milk business
which could supply milk to middle income households in nearby towns. To be on the safe side
Irfan cut 50% milk supply to multinational company with a plan to abandon it completely if his
new idea works.
Required:
Irfan needs your help in following areas:
Question # 01:
Suggest a suitable[b]Brand Namefor Irfan’s business which should have a
potential to be a National and ultimately Multinational brand.
(2)
Question # 02:
Suggest whichPromotional Mix (Tool)Irfan should use to market his
business in local market after keeping the nature of his market segment.
(10)
Question # 03:
Design the followingPromotion Toolsfor Irfan’s business:(6)
a.
Broachers/ Leaflets/ Pamphlet
[/b]
b.
Banners (Along with their hanging according to your own city)
c.
Billboards (Along with their locations according to your own city)
Question # 04
: Give[b]General Commentsabout his business idea that does it have potential to
succeed?
(2)
Important Tips
1. This Assignment can be best attempted from the knowledge acquired after
watching video lecture no. 1 to lecture no 12 and reading handouts as well as
recommended text book).
[/b]
2.
Video lectures can be downloaded for free from www.youtube.com/vu.
Schedule
Opening Date and Time May 03, 2010 At 12:01 A.M. (Mid-Night)
Due Date and Time May 06, 2010 At 11:59 P.M. (Mid-Night)
Note:
Only in the case of Assignment, 24 Hrs extra / grace period after the above mentioned
due date is usually available to overcome uploading difficulties which may be faced by the
students on last date. This extra time should only be used to meet the emergencies and above
mentioned due dates should always be treated as final to avoid any inconvenience.
Important Instructions:
Please read the following instructions carefully before attempting the assignment solution.
Deadline:
•
Make sure that you upload the solution file before the due date. No
assignment will be accepted through e-mail once the solution has been
uploaded by the instructor.
Formatting guidelines:
•
Use the font style “Times New Roman” and font size “12”.
•
It is advised to compose your document in MS-Word 2003.
•
Use black and blue font colors only.
Solution guidelines:
•
Use APA style for referencing and citation. For guidance search “APA
reference style” in Google and read various website containing
information for better understanding or visit
http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
•
Every student will work individually and has to write in the form of an
analytical assignment.
•
Give the answer according to question, there will be negative marking
for irrelevant material.
•
For acquiring the relevant knowledge don’t rely only on handouts but
watch the video lectures and use other reference books also.
Rules for Marking
Please note that your assignment will not be graded or graded as Zero (0) if:
•
It has been submitted after due date
•
The file you uploaded does not open or is corrupt
•
It is in any format other than .doc (MS. Word)
•
It is cheated or copied from other students, internet, books, journals etc…
