BSBMKG607B Manage market researchAssessment Task 1Procedure From the case study provided you are required to complete the following steps:1. Develop guidelines reflecting organisational policy and procedures to be used for conducting research. These guidelines for research must provide information and guidance under the following headings: OHS Data privacy Staff involvement KPIs Quality of data.2. Meet with and commission a staff member (your assessor) to develop detailed work plans for how research will be undertaken, using the guidelines you have established. Make sure you agree on the format of the materials (print/electronic/oral, etc.) and a date for the provision of these materials.When the staff member returns the plans to you, you will need to review the plans to identify the following and providing a written Work Plan Summary (document) – the steps below should be the main sections of your summary:1. Resources: Identify all required resources to support the implementation of the plans by: a. creating a list of all required resources b. completing the Resource requisition/acquisition form provided for each resource.2. Consultants: Identify preferred consultants by: a. describing requirements for external consultants within the project plan b. detailing selection criteria for selection of external consultants c. identifying which consultant/s from the preapproved list is/are suitable.3. Providers and suppliers: Identify preferred providers and suppliers by: describing requirements for goods and services within the project plan detailing selection criteria for selection of providers and suppliers identifying which providers and suppliers from the preapproved list is/are suitable.Task Specifications You must provide:A written Organisational Guidelines for Conducting Research (Step 1)A brief written summary of your meeting with the staff member you commissioned for research (Step 2)A written Work Plan Summary (Steps 3-5) with completed acquisition forms.Your assessor will be looking for: • Evidence that you have examined the case study and reviewed organisational requirements to develop market research plans. Distance-based learners: • Complete assessment as per instructions, except the meeting with your staff member (the assessor) will be via phone or Skype or other live telephone or video medium.Attachments:Level 1
841 George Street
Sydney NSW 2000
P. +61 (2) 9211 8838
E. info@warwick.nsw.edu.au
WWW.WARWICK.NSW.EDU.AU
Task 01: Develop market research plan
Submission details
The Assessment Task is due on the date specified by your trainer. Any variations to this
arrangement must be approved in writing by your trainer.
Submit this document with any required evidence attached. See specifications below
for details.
You must submit both soft copies and printed copies of your answers.
Soft copiesUpload on the eLearning to the specific submission folder with a cover page clearly
indicating your name, student id, assessment no and the unit name or put those
information in the header and footer of your documents.
Printed copiesSubmit to your Trainer with the “Assessment Cover Sheet” (Filled out and signed
appropriately) attached on top of your documents.
Assessment description
You need to review existing policy and procedure documents (in the appendices of your
Student Workbook) and develop guidelines for managing the process of gathering
research information. You also need to identify and plan to acquire all resources
necessary for supporting the project.
Procedure
From the case study provided you are required to complete the following steps:
1. Develop guidelines reflecting organisational policy and procedures to be used for
conducting research. These guidelines for research must provide information and
guidance under the following headings:
OHS
Data privacy
Staff involvement
KPIs
Quality of data.
BSBMKG607B Manage market research
Assessment Task 1
Last Updated January 2014
Page 1 of 6
Level 1
841 George Street
Sydney NSW 2000
P. +61 (2) 9211 8838
E. info@warwick.nsw.edu.au
WWW.WARWICK.NSW.EDU.AU
2. Meet with and commission a staff member (your assessor) to develop detailed
work plans for how research will be undertaken, using the guidelines you have
established. Make sure you agree on the format of the materials
(print/electronic/oral, etc.) and a date for the provision of these materials.
When the staff member returns the plans to you, you will need to review the plans to
identify the following and providing a written Work Plan Summary (document) – the steps
below should be the main sections of your summary:
1. Resources: Identify all required resources to support the implementation of the
plans by:
a. creating a list of all required resources
b. completing the Resource requisition/acquisition form provided for each
resource.
2. Consultants: Identify preferred consultants by:
a. describing requirements for external consultants within the project plan
b. detailing selection criteria for selection of external consultants
c. identifying which consultant/s from the preapproved list is/are suitable.
3. Providers and suppliers: Identify preferred providers and suppliers by:
describing requirements for goods and services within the project plan
detailing selection criteria for selection of providers and suppliers
identifying which providers and suppliers from the preapproved list is/are
suitable.
Task Specifications
You must provide:
A written Organisational Guidelines for Conducting Research (Step 1)
A brief written summary of your meeting with the staff member you commissioned
for research (Step 2)
A written Work Plan Summary (Steps 3-5) with completed acquisition forms.
Your assessor will be looking for:
•
Evidence that you have examined the case study and reviewed
organisational requirements to develop market research plans.
Distance-based learners:
•
Complete assessment as per instructions, except the meeting with your
staff member (the assessor) will be via phone or Skype or other live
telephone or video medium.
BSBMKG607B Manage market research
Assessment Task 1
Last Updated January 2014
Page 2 of 6
Level 1
841 George Street
Sydney NSW 2000
P. +61 (2) 9211 8838
E. info@warwick.nsw.edu.au
WWW.WARWICK.NSW.EDU.AU
Case study
Your are the marketing manager for a 15 store chain of homeware stores in Brisbane
called Houzit. The stores specialise in bathroom fittings, bedroom fittings, mirrors and
decorative items. As part of the strategic plans of the business, the board want to
broaden the store offer by including lighting fixtures in the assortment mix. The board
identified the need to carry out market research to determine the market feasibility of
adding the lighting fixtures category to Houzit’s assortment. The board have requested
that this work be undertaken by a specialist market research firm with extensive
knowledge of the target market and who can undertake a wide variety of research
methods and complete the process in a timely manner.
The CEO has asked you to manage the entire market research process for the board. You
are asked to liaise with the general manager of store operations and the group buying
manager. Initially you are required to develop the guidelines for conducting the market
research which must adhere with Houzit’s policy and procedures. The scope of research
to be undertaken encompasses the greater Brisbane area.
The CEO explained that the market research report together with your summary must be
ready to be presented to the board in 8 weeks time. You have been allocated a budget for
the project of $15,000 to cover external consultants and associated external material
costs. You are required to stay within this budget. Houzit’s policy and procedures requires
that you submit a Resource Usage application for all resources required in the project
both internal and external.
Your marketing team consists of Tony (search engine optimisation and website
maintenance), Marie (advertising and public relations) and Joanne an administration
officer. You have asked Tony to take responsibility for the operational aspects of the
project and estimate that it will take up 50% of his time over the next 11 weeks. Joanne
will also be involved for about 20% of her time in attending to administration matters. You
estimate that you will need to allocate 30% of your time to manage the overall project.
According to Houzit’s policy and procedures the following detailed Work Plan Summary
needs to be undertaken:
Definition/scope phase
•
Define research objectives
•
Define research requirements
•
Determine in-house resource
•
Compile a list of preferred consultants/suppliers.
Consultant/supplier selection phase
•
Define consultant/supplier selection criteria
BSBMKG607B Manage market research
Assessment Task 1
Last Updated January 2014
Page 3 of 6
Level 1
841 George Street
Sydney NSW 2000
P. +61 (2) 9211 8838
E. info@warwick.nsw.edu.au
WWW.WARWICK.NSW.EDU.AU
•
Develop consultant/supplier selection questionnaire
•
Develop Statement of Work
•
Evaluate proposals
•
Select consultant/supplier.
Research phase
•
Monitor milestone achievements
•
Consultant/supplier performance management.
Reporting phase
•
Review Market Research report with stakeholders
•
Prepare summary report.
The CEO meets with you and you and Tony to discuss the plans. The CEO explained that it
is Houzit’s policy to always engage external consultants when deciding on major category
changes because it provided some objectivity to the decision making process.
The three preferred consultants are:
1. Acworth Accounting: 27 Pitt Street, Hawthorne QLD, who prepared the business
plan for Houzit but who don’t have specialist market research staff
2. Lombard Consulting: 78 Queen Street, Brisbane QLD, who are a local specialist
market research firm based in Brisbane specializing in home accessory products
and markets.
3. Holt & Burrows: 58 Lonsdale Street, Melbourne Vic, a national marketing firm
based in Melbourne who consult on all issues relating to branding and marketing
for all industries. They specialise in fashion, cosmetics and consumables.
The CEO explained that there was extensive information available in the company
archives concerning customer feedback and surveys that has been collected by the
stores over the past few years. This could prove useful in the research. The CEO also
explained that you would need to have a member from head office do the information
extraction work and could take up to 20 hours to complete.
The CEO would like to see a report that covered five main areas:
1. industry overview
2. target category and market
3. business environment
4. competitors
5. conclusion.
Tony prepared a list of preferred suppliers together with the products and services that
they supplied to help determine the materials needed in accordance with the CEO’s
BSBMKG607B Manage market research
Assessment Task 1
Last Updated January 2014
Page 4 of 6
Level 1
841 George Street
Sydney NSW 2000
P. +61 (2) 9211 8838
E. info@warwick.nsw.edu.au
WWW.WARWICK.NSW.EDU.AU
directive that it be a credible source, within the budget and easily accessible. These
materials could be included in the project if required and it is within budget:
Homeware Trade association has an Australian wide industry report for $1,000
Australian Bureau of Statistics has Census data for the target area the is mostly
free but will costs about $250 in search fees
IBIS market report covers each major market in Australia including the greater
Brisbane area – $1,200
Australian Chamber of Commerce has Australia wide surveys on industries
$1,450
Homeware Magazines and Publications is an international magazine covering
innovations in home wares $250 per quarter
Newspaper subscriptions covering local issues $100 per quarter.
Resource usage application
Resource
description
Resource
quantity
Internal or
external
External
resource costs
You and Tony meet with each of the consultants identified by the CEO and explain to the
need to meet the time frame set by the board. You know that the Definition/Scope Phase
together with the Consultant/Supplier Selection Phase will take 2 weeks. You also realise
that you will need a week at the end to prepare your reports.
Tony explains that there is an expectation that they will be able to complete the following
tasks in the time frame allowed:
•
Develop market research information needs questionnaire
•
Document information needs
•
Identify information to be gathered in research
•
Identify source of information
•
Identify research participant
•
Identify research technique
•
Identify timing requirements and budget
•
Conduct research
o Primary Market Research including customer surveys, focus groups
and interviews with Houzit staff/managers and customers.
BSBMKG607B Manage market research
Assessment Task 1
Last Updated January 2014
Page 5 of 6
Level 1
841 George Street
Sydney NSW 2000
P. +61 (2) 9211 8838
E. info@warwick.nsw.edu.au
WWW.WARWICK.NSW.EDU.AU
o Secondary Market Research including the materials provided by
Houzit.
•
Document research findings
•
Develop research report.
A week and a half into the project you receive the following responses from the preferred
consultants.
•
Acworth Accounting quote: $11,500. Will need to engage external research
staff. Will need ten weeks to complete the report. Cannot do focus groups.
•
Lombards quote: $12,000. Have specialist staff available in the homewares field. Can complete the work within eight weeks. Can apply all
methods of research.
•
Holt & Burrows quote: $14,500. Will send research staff from Melbourne.
Can complete the work within eight weeks. Can apply all methods of
research.
BSBMKG607B Manage market research
Assessment Task 1
Last Updated January 2014
Page 6 of 6
Business Consultant Agreement
This agreement dated ____________________, is made By and Between [company
name], whose address is [address, city, state, zip] referred to as “Company”, AND
[consultant name] whose address is [address, city, state, zip], referred to as
“Consultant.”
1. Consultation Services. The company hereby employs the consultant to perform the
following services in accordance with the terms and conditions set forth in this
agreement: The consultant will consult with the officers and employees of the company
concerning matters relating to [describe what consultant will be responsible for here].
2. Terms of Agreement. This agreement will begin [date] and will end [date]. Either
party may cancel this agreement upon thirty (30) days notice to the other party in
writing, by certified mail or personal delivery.
3. Place Where Services Will Be Rendered. The consultant will perform most services
in accordance with this contract at [place of business]. In addition the consultant will
perform services on the telephone and at such other places as designated by the
company to perform these services in accordance with this agreement.
4. Time Devoted by Consultant. It is anticipated the consultant will spend
approximately [number of hours] in fulfilling its obligations under this contract. The
particular amount of time may vary from day to day or week to week. However, the
consultant shall devote a minimum of [number of hours] per month to its duties in
accordance with this agreement.
5. Payment to Consultant. The consultant will be paid at the rate of $[dollar amount]
per [hour] for work performed in accordance with this agreement. However, the
consultant will be paid at least $[dollar amount] per month regardless of the amount of
time spent in accordance with this agreement. The consultant will submit an detailed
statement setting forth the time spent and services rendered, and the company will pay
the consultant the amounts due as indicated by statements submitted by the consultant
within ten (15) days of receipt.
6. Independent Contractor. Both the company and the consultant agree that the
consultant will act as an independent contractor in the performance of its duties under
this contract. Accordingly, the consultant shall be responsible for payment of all taxes
including Federal, State and local taxes arising out of the consultant’s activities in
accordance with this contract, including by way of illustration but not limitation, Federal
and State income tax, Social Security tax, Unemployment Insurance taxes, and any
other taxes or business license fee as required.
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7. Confidentiality. The consultant agrees that any information received by the
consultant during any furtherance of the consultant’s obligations in accordance with this
contract, which concerns the personal, financial or other affairs of the company will be
treated by the consultant in full confidence and will not be revealed to any other
persons, firms or organizations.
8. Employment of Others. The company may from time to time request that the
consultant arrange for the services of others. All costs to the consultant for those
services will be paid by the company but in no event shall the consultant employ others
without the prior authorization of the company.
9. Signatures. Both the company and the consultant agree to the above contract.
Witnessed by:
COMPANY
_____________________________________________
Signature
_____________________________________________
Name
_____________________________________________
Title
CONSULTANT
____________________________________________
Signature
____________________________________________
Name
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