Professional Documents
Culture Documents
SUBMISSION FORMAT
THE SUBMISSION IS IN THE FORM OF AN INDIVIDUAL REPORT AND AN ESSAY.
THE REPORT AND ESSAY SHOULD BE WRITTEN IN A CONCISE, FORMAL BUSINESS STYLE USING SINGLE SPACING AND FONT STYLE CALIBRI AND SIZE 11. YOU
ARE REQUIRED TO MAKE USE OF HEADINGS, PARAGRAPHS AND SUBSECTIONS AS APPROPRIATE, AND ALL WORK MUST BE SUPPORTED WITH RESEARCH AND
REFERENCED USING THE HARVARD REFERENCING SYSTEM. PLEASE ALSO PROVIDE A BIBLIOGRAPHY USING THE HARVARD REFERENCING SYSTEM. THE
RECOMMENDED WORD LIMIT IS SPECIFIED.
ASSIGNMENT SCENARIO AND GUIDANCE
SCENARIO
The purpose of branding is to simply and easily help your customers understand what you offer and how you’re different. But it’s
not only a USP (unique selling proposition), it is the combination of all the ways you communicate what you stand for.
Study the contemporary business market and the brands they have to offer. Research a wide range of brands and their
competitor brands from different industries.
Analyse in detail the key components of a successful brand strategy for building and managing brand equity. Based on your
analysis of results, review the brand strategies available to grow this brand and recommend the most appropriate for this
organisation. Conclude by critically evaluating the importance of branding and how brands are built over time, with reference to
your selected organisation.
Define and explain the terms portfolio management, brand hierarchy and brand equity management, and analyse the different
strategies available for each. Critically analyse the strategies being used by your organisation within each of these concepts.
TASK 2 - (LO3 AND LO4) – GUIDANCE
Produce an essay based on your study of the contemporary brand market. Evaluate how brands are managed collaboratively and
in partnership both at a domestic and global level. You will have to conduct secondary research of the successful and
unsuccessful examples of brand alliances locally and internationally, generating a critical and comparative evaluation of the
techniques that led to the fate of these ventures. Recommend the different techniques that could have been used to leverage
and extend one of the unsuccessful ventures from your examples, adapting good practices from the successful ones.
Identify how a brand’s performance can be measure and evaluated, using examples of researched organisations. Further, analyse
which of these are strong brands. How can measuring and managing strategies/techniques help an organisation to promote an
enduring brand (use more than one organisation for examples). Critically evaluate the application of these strategies with
reference to these organisations.