Assignment
Assignment
Assignment
Principles of Marketing
LIPC1140
Learning Outcomes
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On successful completion of the module, students will be able to:
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Top Automotive Trends In 2019: A
Year Of Wows And Woes
Sarwant SinghContributor
Transportation
Last year we anticipated that global vehicle sales would be challenged and
that was just what happened, with global passenger vehicle sales limping to
a marginal increase of just over 400,000 units in 2018. We had all our
chips on the unstoppable rise of mobility services and, by year end, the top
5 ride-hailing companies—Uber, Lyft, DiDi, Grab and Go-Jek—were
estimated to be worth over $230 billion. We also predicted that value added
services in automotive retail would be huge. So, on the one hand, software
technology companies made further inroads into the automotive industry
through services like usage-based insurance, new finance and leasing
services, and connected car services while, on the other, automotive
companies kept their customers engaged and satisfied through expanded
and enhanced after sales services and solutions.
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of the automotive industry, a windfall for the titans of new mobility, and
much, much more technology-driven disruption.
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A Connected Environment With Features On Demand: A
connected vehicle ecosystem is closer than we imagine. From
powertrains and advanced driver assistance systems to connected
services and smart interiors, cars are becoming more connected both
internally and externally. Business models—ranging from freemium
where connected features are offered either as a demo, charged one
off or are subscription based to short and long term subscriptions
with one time, monthly and yearly payment models—will evolve to
keeping pace with this highly networked and connected environment.
Just check out Audi’s new eTron launch strategy of offering an
à lacarte menu of options where you can buy connected car features
on demand.
But before that, watch out for the convergence of connected, autonomous,
safety and electric technologies as they create three critical platforms—
electric, digital, and electronic—that will form the building blocks for
autonomous vehicle development. Amidst widespread change in vehicle
systems and architecture, get ready for improved diagnostics and vehicle
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health monitoring, streamlined electrical power systems, redundant
braking and steering systems, enhanced ease of use, better human machine
interface (HMI) and infotainment features, superior cybersecurity modules
and the growing redundancy of electronic control units (ECUs).
And finally, charging technologies will make a quick dash to catch up with
advances in EV technologies. While BEVs will move toward 350kW+ DC
charging, PHEVs will start 50kW+ DC charging. As Combined Charging
System (CCS+) technology becomes standard, fast charging EV charging
stations will become as convenient to use as your local gas station.
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Gen Zers Become The Key Influencers: As Gen Z comes into its
own, OEMs will depart from conventional vehicle features, design
and capabilities to embrace a new, Gen Z inflected idiom that meets
their unique demands.
The automotive industry will need to brace for a rough ride in 2019. New
vehicle sales in emerging markets like Thailand, Turkey and Slovakia are
projected to decline slightly this year due to rising vehicle costs, and
cannibalization by public transportation and new mobility alternatives.
This will be offset by marginal growth in new car sales in other emerging
markets such as India, Brazil and Mexico.
In less uplifting news, Brexit, USMCA and the US-China trade war will
continue to cast dark shadows on the automotive industry. New vehicle
production and sales are expected to experience setbacks. As the industry
tries to ride out this difficult year, expect to see more alliances between
automakers and attractive after sales offerings to lure consumers.
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Assessment Details
Using the supporting materials provided (see also Mintel Report, 2020) Blackboard
under Assessment), as guidance, and other reliable and academic sources complete
the following: -
1. A PRESTCOM analysis on the sector.
2. Evaluate the current marketing environment for your chosen retailer (E.g.
Internet based vs. actual store sales, information from recent UK sales
3. A SWOT analysis
Writing Guidelines
If you require an extension of the deadline for some assessment components for up
to 14 days please speak to the DMUIC Reception at least 24 hours before the
assessment is due to take place. You will be given a form to complete in order to
request an extension. Please note that completion of this form does not guarantee
that an extension will be granted, just that it will be considered. You will know that
an extension has been granted when the form is returned to you with a new deadline
for the assessment, signed by the College Director.
Examples of valid reasons for an extension include confirmed extended periods of
illness or recent authorised absence from the college.
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Unauthorised Late Submission of Work
The definition of ‘late’ will be after 9.00 a.m. to Blackboard for electronic copy.
Please refer to your programme handbook for specific details regarding plagiarism
and bad academic practice.
Please be Aware:
• You have been warned in the Module Handbook, and in the Regulations, so
explaining that your plagiarism was accidental or that you hadn’t been told it was
wrong will not be a valid excuse.
• Plagiarism is an academic offence. You will be referred to the Academic Practice
Officer (APO) if we suspect or find evidence of any of the above offences. There will
be a full investigation which will delay the release of your marks.
• Your assignment will not pass if it contains material which has simply been
paraphrased or plagiarised from the learning notes or other electronic or printed
material.
• You must not ‘cut and paste’ or copy from any on-line or any hard copy sources.
• The use of only the citation or abstract of an article is not acceptable.
• You may be expelled from the University for an offence of these types
• Please see the University Guidelines on Plagiarism and Bad Academic Practice for
more information on what is acceptable and what is not.
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Mark Scheme (100%)
Criteria Marks
Research: 25
Evidence of research
Good quality sources
Required range of sources
Analytical Approach:
Arguments are justified through use of supporting evidence 30
Evidence is analysed
Appropriate recommendations supported by evidence
Student Writing & Application:
Use of own words and style of writing; use of quotations is not 25
excessive
Critical approach: stands of evidence are compared, contrasted
and questioned
Structure:
Essay Format 10
Assessors
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