Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University المملكة العربية

Kingdom of Saudi Arabia

Ministry of Education

Saudi Electronic University

المملكة العربية السعودية

وزارة التعليم

الجامعة السعودية الإلكترونية

College of Administrative and Financial Sciences

Assignment 2

Marketing Management (MGT 201)

Due Date: 20/11/2021 @ 23:59

Course Name: Marketing Management

Student’s Name:

Course Code: MGT201

Student’s ID Number:

Semester: First

CRN:

Academic Year:2021-22

For Instructor’s Use only

Instructor’s Name:

Students’ Grade:

Marks Obtained/Out of 5

Level of Marks: High/Middle/Low

General Instructions – PLEASE READ THEM CAREFULLY

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

Assignments submitted through email will not be accepted.

Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.

Students must mention question number clearly in their answer.

Late submission will NOT be accepted.

Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

Submissions without this cover page will NOT be accepted.

Assignment No 2: Case Study

Learning Outcomes:

Develop critical and analytical thinking necessary to overcome challenges and issues of marketing in the changing global environment. (Lo 4)

Use effective and collaborative interpersonal skills to carry out scientific analysis of consumers’ needs and wants to formulate a marketing Plan.

Read the Chapter Case Study “Swim, Lift, Play—but also donate: Using marketing research to redefine the YMCA” from Chapter 10 “Marketing Research” Page: – 323 given in your textbook/E-book – “Marketing” (7th ed) by Dhruv. Grewal and Michael Levy (2020) and answer the following Questions:

Assignment Question(s):

What kinds of market research has the Y conducted? Explain. (1 Mark)

Which questions has the Y sought to answer with each different type of market research it has conducted? (1 Mark)

Who are the main stakeholders that the Y is attempting to reach with the information it has gained through its market research? (1 Mark)

Are there other types of market research that the Y could conduct in the future to answer other important questions? Give some examples of both the questions it still faces and the research methods it could use to answer them. (2 Marks)

Notes:  

Answer the questions based on the concepts discussed in the Chapters.

Your answers MUST include at least 2 outside references (other than the textbook) using a proper referencing style (APA).

Using references from SDL will be highly valued.

Answers

Answer-

Answer-

Answer-

Answer-[supanova_question]

Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650[supanova_question]

Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650[supanova_question]

Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Writing Assignment Help Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650 [supanova_question]

Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650[supanova_question]

Question 1 Explain the concept of Equilibrium Price in a perfectly Competitive

Question 1

Explain the concept of Equilibrium Price in a perfectly Competitive Market and how it is determined?

Calculate the percentage change in equilibrium price if percentage change in quantity demanded is 25%. Price Elasticity of Demand is 1.35 and Price Elasticity of Supply is 1.15.

Question 2

Calculate the Total Variable Cost, Average Fixed Cost, Average Variable Cost, Average total Cost and Marginal Cost in the table given below (All Cost are given in USD). [2 Marks]

Labor (No of workers)

Output (Number of units)

Total Fixed Cost

Total Variable Cost

Total Cost

Average Fixed Cost

Average Variable Cost

Average total Cost

MC

0

0

150

0

1

1

150

100

2

5

150

25

3

8

150

37.5

4

10

150

55

5

11

150

650[supanova_question]