HND GTB GU2Word格式.docx
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Stage1:
Planning
1.0
Brief
1.1Titleoftheproject
ThefeasibilityanalysisofPEAKexploringEuropeanmarket
1.2Statementofissuestobeinvestigated
PEAKhasmorethan20yearsexperienceondesigning,developingandmanufacturingprofessional&
casualsportsapparel,footwearandaccessoriesforthepeoplefromchildrentoadultswithgoodreputation.InordertosharePEAK’ssportsandtechnicalwithmoreandmorepeople.PEAKSPORTS.R.L.(PEAKInternational)wasestablishedtoexpandPEAKbrandtoworldwidefrom2000.
Atpresent,themanagementteamisawareofbigchangesininternationaltradingthathaveoccurredoverthelast10-15years.WiththeChineseeconomybecomingmoremarket-basedintherawmaterialsandothercostsandtheNBAsuspendedundertheblow,PEAK’sdevelopmentfacedwithadifficultsituation.Duetothesalesfalldownandtheoptimizationthesalesnetwork,PEAKwillclose500storeswhichrunatlowefficiency.TheannualsalesofPEAKhavealreadyarrivedinthebottleneckandthissituationhasledtoasharpdropinthesharepriceofPEAK.
WiththesuccessfulexperienceofU.S.marketdevelopment,PEAKistryingtoexploreEuropeanmarkettoexpandthecompany’sinfluenceandimprovesales.
1.3Objectivesoftheproject
MainObjective:
ToanalyzethebusinessenvironmentofEuropeanmarketwherePEAKistryingtoexpandandtoresearchweathertheexpansionisfeasible
Sub-objectives:
a)Objective1:
ToanalyzethecasualsportsindustryinEurope.TherearemostfamousfootballleagueinEurope,withthesportsindustryshouldbeagreatpotentialmarket.
b)Objective2:
ToapplyPESTtheorytoanalyzeEuropeanBusinessenvironment
c)Objective3:
ToinvestigationtheattitudeofPEAK'
smanagementabouttheEuropeanmarketexpansion.Andtocollectdataabouthowtheypreparedfortheexpansion.
d)Objective4:
Todrawaconclusionaboutthefeasibilityoftheexpansion.
1.4RationaleforthechoiceofissuelinkedtospecifictopicscoveredaspartoftheGroupAward
Strongorganizationalcultureandtherightmarketingstrategyarethefoundationofsuccessforacompany.Thecompany'
sfundamentalpurposeistogainprofit,whiledevelopinginternationalmarketisthebestchoicetoincreaseprofits.
AccordingtotheSQAtextbookInternationalMarketing:
AnIntroduction.AgoodstartingpointforanyresearchintopotentialnewmarketsistheuseofexternalenvironmentalfactorsthatoftenintheformofPESTanalysis.Theseanalysesformthefirststageofourmarketselectionprocessoutlinedabove.PESTstandsforpolitical,economic,socialandtechnologicalandisthesimplestofthethreeanalyses,concentratingononlyfourmainfactors.
IfPEAKwantstoformulatecorrectstrategies,thefirststepistodoamarketresearchonbusinessenvironment.Criteriafortheassessmentofcountrymarketscanbemosteasilyfoundintheirexternalenvironment.Therefore,IchoosePESTmethodtoensureanefficientandeffectiveevaluationprocess.
1.5Justificationforchoiceofbusiness(es)
casualsportsapparel,footwearandaccessoriesforthepeoplefromchildrentoadultswithgoodreputation.PeakSportdesigns,develops,manufactures,distributesandmarketsitssportswearproductsunderthePeakbrand.PeakSportsellsallofitsproductsinChinaonawholesalebasistodistributorswhooperate,eitherdirectlyorthroughthird-partyretailoutletoperators,authorizedPeakretailoutlets.
PEAKhasachievedsuccessintheU.S.market,butsomeofthefamoussportsbrandsathomeandabroadbringgreatcompetitionpressuretoPEAK.Ononehand,thedomesticmarketdoesnotofferprospectsforsignificantgrowth.Ontheotherhand,PEAK’scompetitors,suchas361andERKEareenteringoverseasmarkets.Therefore,PEAKhastoenterinternationalmarketstoputitselfatafavoriteposition.BeforedecidingwhetherornottoexpandtoEuropean,however,PEAKmustthoroughlyunderstandtheEuropeanmarketingenvironment.Asaresult,theanalysisofexternalenvironmentofEuropeanmarketingissignificant.ThatiswhyIchosePEAKCorporationassubjectinvestigated.
1.6Explanationofsourcesofinformationtobeusedandthereasonsfortheirselection
Primarysourcesareinformationthatcollectedfirsthandusingmethodssuchasdirectobservation,surveysandinterviews.Itisalsoknownasrawdata.Ithastherealdiagnosis,vividandreadabilityadvantages.Interviewisaconversationbetweentwoormorepeoplewherequestionsareaskedbytheinterviewertoobtaininformationfromtheinterviewee.Aquestionnaireisaresearchinstrumentconsistingofaseriesofquestionsandotherpromptsforthepurposeofgatheringinformationfromrespondents.Questionnaireisrelativelycheaptoobtainmoreconvenientstandardanswer,butsometimeitalsolimitsthefact.Logs,isarecordofsequentialdata,normallytheyuse“diary”or“journal”insteadof“logs”inacademicresearch.Forexample,inordertoachieveobjective3,IcanmakeaninterviewanddesignaquestionnairesenttoPEAKCompany.BythiswayIcanunderstandtheattitudeofthecompany'
sstaffandmanagementabouttheexpansion.
Secondarysourceisdatacollectedbysomeoneotherthantheuser.Thisisinformationthatalreadyexists.Itisderivedfromwhatisprimaryororiginal.Itiscollectedfromexternalsourcessuchasmedia,Internet,reviews,researchjournals,stories.Secondarysourcescanfasterandeasieraccessinformation.Forexample,IcanusetheInternettounderstandthematerialofEuropeansportsgoodsindustrydevelopmentprospectstoobtainobjective1&
objective2.Iamgoingtousesecondaryresearchmethodtocollectinformationfromon-linedatabasessuchas,DatamonitorandGlobalmarketinginformationdatabasetoexaminethecompetitiveenvironmentofEuropeanmarket.WebsiteofTheEuropeanUnionwillbeagreathelpfulformyresearch.
1.7Explanationofmethodsofinvestigationtobeusedandreasonsfortheirselection
Qualitativeresearchistheresearchersusedtodefinetheproblemorthewaytodealwithproblems.Specificpurposeistofurtherresearchtheconsumer'
sviewpoint,tofurtherexploretheconsumersthisorthatreason.Ifthequantitativestudyandsolvetheproblemof"
whatitis"
thenqualitativestudyandsolvetheproblemsis"
why"
.Qualitativeresearchisinagroupofscale,ofcarefullyselectedsamplesontheindividualmarketresearch,thestudydoesnotrequirestatisticalsignificance.
Quantitativeresearchreferstothesystematicempiricalinvestigationofsocialphenomenaviastatistical,mathematicalorcomputationaltechniques.Theobjectiveofquantitativeresearchistodevelopandemploymathematicalmodels,theoriesand/orhypothesespertainingtophenomena.Iwillcombinethequalitativeandquantitativeresearchmethods.ThroughthenetworkIwillgeneratethedatafromtheEuropeanmarkettoanalysisandstudyofthebusinessenvironment.AndIwillusethedatawhichiscollectedfromthesurveytounderstandthecompany’ssituationindepth.
Formoreinformation,pleasecontactusatEmail:
************
2.0Plan
TimePlanner
Date
Tasks
26/09/2011
Selectatopic
27/09/2011
CollectinformationaboutPEAKcompany
30/09/2011
ResearchsomeinformationofPolitical,Economic,Socio-culturalandTechnicalfactors
Writethebriefandplan
08/11/2011
Finishthestage1
15/11/2011
Designthequestionnairesurveyandpreparetointerviewquestions
24/11/2011
doquestionnaireandinterviewinPEAKcompany.
30/11/2011
Statisticalinvestigationdataandanalysis
05/11/2011
EvaluatePESTapplytoPEAKcompany
20/12/2011
FinishtheStage2
27/12/2011
Evaluatethereport
06/01/2012
Givesomerecommendations
01/02/2012
FinishtheStage3
Resources
Activities
Facilities
Time
Cost
Questionnaire
Car,Printer
Computer
4hour
70yuan
Interview
CarBus
5hour
48yuan
DeskResearch,
BookPrinterComputer
48hour
24yuan
Qualitative
2hour
0yuan
Quantitative
3.5hour
Total
62.5hour
142yuan
HNDGlobalTradeandBusiness
GroupAward–GradedUnit2
Checklist
StudentName:
___________________________________________
TheinformationbelowidentifiestheitemsthatmustbesubmittedtomeetassessmentcriteriaforGU2
Pleaseensurethatthisischecklistissubmittedwithassessmentandwitha‘tick’ineachbox
∙Stage1:
∙CoverPage
∙Title
∙Issuestobeinvestigated-problem/issues
∙Objectives
∙Reasonsforchoice
∙Justification
∙Methods&
reasons–primary,secondary&
electronic
∙Sources&
reasons–books,interviews,questionnaire&
time
∙Statementofcriteria
Plan
∙TimedplanofAction
∙Resources
Signed:
_______________________________DateSubmitted:
__________
Receivedby:
___________________________DateReceived:
___________