Part I – Supplemental Teaching Aids
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subject, but, to have the student demonstrate an understanding of the material and highlight those
Part III and Part IV below may be assigned as one paper. If this is done, the maximum length should
be limited to 25 pages.
Guideline for a Market Audit and Competitive Analysis—Part III
Of the guidelines presented, this is the most product or brand specific. Information in the other
guidelines is general in nature focusing on product categories, whereas the data in this one is brand
Guideline for a Preliminary Marketing Plan—Part IV*
In earlier presentations of this project, there were only three parts. What is now Part III, “A Guideline
for a Market Audit and Competitive Analysis” was divided between Part II, “An Economic Analysis”
and Part III, “The Marketing Plan.” In the author’s experience, students did not do an effective market
audit and competitive analysis when the two papers were combined. Since creating a separate paper
that focuses on a market audit and competitive analysis, the quality of the marketing plan has
improved. Instead of having them submit four different papers, I have assigned the last two guidelines
at the same time, which seems to work well.
After the students have completed the culture, economics and market audit papers, the emphasis of