Assessment Information Subject Code: Subject Name: Assessment Title

Assessment Information Subject Code: Subject Name: Assessment Title: Length: Weighting: Total Marks: Submission: Due Date: Assessment Description . BUS106Marketing Principles Individual Case Study Analysis1000 words (+/- 10% allowable range) 40% 100Online via Turnitin Week 13 (Monday 9thof October 2017 15:55PM AEDT) * Please remember the time difference between states The purpose of this individual case study analysis is to further your skills in applying relevant marketing analysis tools. It will also test your ability to identify a range of marketing problems and propose strategical solutions. This will enable you to apply marketing theories and concepts to a real world business case. Your first task is to read the following case study: Ventura Boats Case Study Ventura Boats is a family-owned boat building business based in Coffs Harbour New South Wales. Operating since1961 Ventura designs and builds high quality small- sized luxury boats that are made in traditional hand-built ways from traditional materials. Until now the business has prospered and it has built up strong reserves of cash. Ventura sell their boats to boat-yards and also direct to consumers in Australia. However the Australian domestic market is shrinking and more and more substitutes are becoming available. In contrast there is fast market growth overseas where trading partners are available but despite being the category market leader in Australia Ventura has no experience in overseas markets. Ventura has always relied on traditional methods and materials to build its boats; this was fine in the 1960s 70s and 80s but in recent decades there has been a move to newer and more efficient technologies both in materials and manufacturing processes. With no new models for decades Ventura has a portfolio of products in decline In the Australian market. More worryingly much of Ventura’s manufacturing technology is outdated and the CEO has told Venturas staff recently that there is about to be Australian government legislation to restrict the use of some of our boat types. Despite having experienced and industry respected staff Ventura will not be able to make the technology changes fast enough before their current products become illegal in Australia. This is not just affecting Ventura: other traditional boat-builders in Australia face possible ruin too. Indeed some of the larger and more technologically advanced boat-builders are now looking to buy out their smaller competitors such as Ventura in order to acquire their market share liquidate their assets and then close them down. Because of all of this Venturas employees have low morale and significant staff departures are a risk (that is Venturas best employees are likely to leave for other jobs if things don’t improve). On the brighter side overseas governments place fewer restrictions on the use of traditional boats and Venturas current products will be legal therefor many years to come. More than COMMONWEALTH OF AUSTRALIA CopyrightRegulations 1969This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968(Act).The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc. a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Assessment Information this the growing economies of emerging nations are generating wealthy consumers who have a passion for luxury products. Based on the case study information above you are to: Perform SWOT analysis of Ventura Boats Analyse the threats and opportunities you have discovered about Ventura Boats future. Based on the Ansoffs Matrixand identified threats and opportunities suggest a strategical alternative that Ventura Boats should pursue in the future. Provide reasons for your answer and support your recommendations with credible sources of information. In preparing your recommendations you will need to reference at least 5 sources of information. These may include corporate websites government publications industry reports census data journal articles newspaper articles and textbook material. Your analysis documentMUSTfollow a professional report structure: Title Page Table of ContentsSWOT AnalysisThreats and Opportunities AnalysisRecommendationsReference List (you must apply Harvard Referencing Style)

3 Simple steps to get your paper done

Step 1

Step 2

Step 3

Place Order Down to work Paper is Ready!

Takes just a few minutes!

Best writer takes the order

Access via your account