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T-1.8.

Details of Assessment
Term and Year Term 2, 2019 Time allowed 1 activity each week
Assessment No I Assessment Weighting 40%
Assessment Type WORKBOOK ACTIVITIES
Due Date Weeks 3, 4, 5 and 6 Room

Details of Subject
Qualification BSB52415 Diploma of Marketing and Communication
Subject Name Marketing Trends

Details of Unit(s) of competency


Unit Code BSBMKG501 Identify and evaluate marketing opportunities
BSBMKG507 Interpret market trends and development

Details of Student
Student Name Felipe Silveira Oyama

College AAI Student ID 201837790

Student Declaration: I declare that the work Signature: ___________________________


submitted is my own, and has not been copied or
plagiarised from any person or source. Date: _______/________/_______________

Details of Assessor
Assessor’s Name WILSON DEL ROSARIO
Assessment Outcome

Results Competent Not Yet Competent Marks / 40

FEEDBACK TO STUDENT
Progressive feedback to students, identifying gaps in competency and comments on positive improvements:
______________________________________________________________________________________
______________________________________________________________________________________
______________________________________________________________________________________
______________________________________________________________________________________

Student Declaration: I declare that I have been Assessor Declaration: I declare that I have
assessed in this unit, and I have been advised of my conducted a fair, valid, reliable and flexible
result. I also am aware of my appeal rights and assessment with this student, and I have provided
reassessment procedure. appropriate feedback

Signature: ____________________________ Student did not attend the feedback session.


Feedback provided on assessment.
Date: ____/_____/_____
Signature: ____________________________
Date: ____/_____/_____

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Purpose of the Assessment

The purpose of this assessment is to assess the student in the following Competent Not yet
learning outcomes: (C) Competent
(NYC)
BSBMKG501
1.1 Analyse information on market and business needs to identify marketing
opportunities
1.2 Research potential new markets and assess opportunities to enter, shape
or influence each market, and the likely contribution to the business
1.3 Explore entrepreneurial, innovative approaches and creative ideas for their
potential business application, and develop into potential marketing
opportunities
2.1 Identify and analyse opportunities in terms of their likely fit with
organisational goals and capabilities
2.2 Evaluate each opportunity to determine its impact on current business and
customer base
2.3 Use an assessment of external factors, costs, benefits, risks and
opportunities to determine the financial viability of each marketing opportunity
2.4 Determine probable return on investment and potential competitors
2.5 Describe and rank marketing opportunities on their viability, and likely
contribution to the business
BSBMKG507
1.1 Use statistical analysis of market data to interpret market trends and
developments
1.3 Use measures of central tendency or dispersion and correlations between
sets of data for quantitative interpretation of comparative market data
1.4 Perform qualitative analysis of comparative market information as a basis
for reviewing business performance
1.5 Analyse the market performance of existing and potential competitors and
their products or services to identify potential opportunities or threats
2.1 Analyse performance data from all areas of the business to determine
success of marketing activities
2.3 Forecast existing and emerging market needs based on information
available using forecasting techniques
Assessment/evidence gathering conditions

Each assessment component is recorded as either Competent (C) or Not Yet Competent (NYC). A student
can only achieve competence when all assessment components listed under “Purpose of the assessment”
section are recorded as competent. Your trainer will give you feedback after the completion of each
assessment. A student who is assessed as NYC (Not Yet Competent) is eligible for re-assessment.

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Resources required for this Assessment

 Case study available in eLearning


 Weekly eLearning notes relevant to the tasks/questions should be read prior to undertaking the
assessment.
Instructions for Students
Please read the following instructions carefully
 This assessment has to be completed In class At home
 The assessment is to be completed according to the instructions given by your assessor.
 Feedback on each task will be provided to enable you to determine how your work could be improved.
You will be provided with feedback on your work within two weeks of the assessment due date. All other
feedback will be provided by the end of the term.
 Should you not answer the questions correctly, you will be given feedback on the results and your gaps
in knowledge. You will be given another opportunity to demonstrate your knowledge and skills to be
deemed competent for this unit of competency.
 If you are not sure about any aspects of this assessment, please ask for clarification from your
assessor.
 Please refer to the College re-assessment for more information (Student Handbook).

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BACKGROUND INFORMATION
Zara is a Spanish clothing and accessories retailer based in Arteixo, Galicia. The company was
founded in 1975 by Amancio Ortega and Rosalia Mera. It is the main brand of the Inditex group, the
world’s largest apparel retailer. The formula for Zara is simple: latest catwalk trends reproduced, plus
new stock delivered to stores in fewer than 15 days, plus giggle-inducing prices.

INSTRUCTION TO LEARNERS
Learners must read the Zara Case Study available in eLearning to understand the business model
and company’s marketing strategies.

Learners are to complete this workbook which is composed of 4 activities. To answer the activities,
learners must apply to Zara the marketing concepts and principles that were discussed in class
lectures. This is an individual assessment.

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MARKING CRITERIA (for trainer use only)

The assessor is required to use the marking rubric below to assess the learner performance in each task as mentioned.

MARKS MARKS
TASK DETAILS
ALLOCATED RECEIVED

Workbook Activity 1

1. Ansoff Product Matrix 8

2. Potential New Market 2

Workbook Activity 2

3. Impact of Opportunities 4

4. External Factors 2

5. Operating Costs 2

6. Business Risk 2

Workbook Activity 3

7. Current Competitors 2

8. Break Even Computation 1

9. Forecasting Technique 4

10. Measures of Central Tendency 3

Workbook Activity 4

11. Qualitative Analysis 6

12. Potential Opportunities 2

13. Potential Threats 2

TOTAL 40

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Workbook Activity 1
(10 marks)

Instructions: Write answers to the 2 questions of Activity 1. This activity is to be completed in class
and is due Week 3.

1. Provide and explain the possible growth strategies for Zara using the Ansoff Product Matrix.
Rank these marketing opportunities from 1 to 4, 1 being the most viable and most likely to
contribute to the business and 4 being the least viable and least likely to contribute to the
business. (8 marks)

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2. What does Zara take into consideration when researching for a potential new market or
opening up a new store? List 2 and explain. (2 marks)

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Workbook Activity 2
(10 marks)

Instructions: Write answers to the 4 questions of Activity 2. This activity is to be completed in class
and is due Week 4.

3. Evaluate each of the growth strategies you answered on Question 1 and determine the impact
of each of these opportunities to Zara’s customers. (4 marks)

4. Identify and explain 2 external factors that may affect Zara’s growth strategies.
(2 marks)

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5. Identify and explain 2 operating costs of Zara. (2 marks)

6. Identify and explain 2 business risks of Zara. (2 marks)

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Workbook Activity 3
(10 marks)

Instructions: Write answers to the 4 questions of Activity 3. This activity is to be completed in class
and is due Week 5.

7. Research two current and/or potential competitors of Zara in the Australian market. Briefly
describe these companies. (2 marks)

8. In 2017, Zara’s fixed costs in Westfield Sydney Central Plaza amount to $80,000* and
variable costs per unit sold is $10*. Selling price per unit is $50*. How many units must be
sold for Zara to break even? (1 mark)
*Figures are fictitious and for assessment purposes only.

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9. Below is a table of Zara’s yearly sales. Use 2 period and 3 period moving average forecasting
technique to forecast 2017 sales. Also, compute for mean absolute difference. Show your
solution. (4 marks)

Year Sales (in Millions) 2 Period Error 3 Period Error


2011* 214

2012* 222

2013* 217

2014* 221

2015 222

2016 256

2017
*Figures are fictitious and for assessment purposes only. 2015 and 2016 are actual figures.

10. Using the table of Zara’s yearly sales on Question 9, identify the following measures of central
tendency:

a. the mean _________ (1 mark)

b. the median _________ (1 mark)

c. the mode _________ (1 mark)

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Workbook Activity 4
(10 marks)

Instructions: Write answers to the 3 questions of Activity 4. This activity has a remote observation
requirement that has to be done outside class time. This activity is due Week 6.

11. Visit your favourite clothing retail shop and visit Zara’s retail store in Westfield Sydney Central
Plaza, Pitt St. Perform a qualitative analysis on the business aspects provided on table below.
Describe each aspect and identify which retail shop did better. (6 marks)

Business Aspect Zara Retail Shop:

Latest Products

Location

Retail Layout

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12. From your qualitative analysis on Question 11, identify and explain 2 potential opportunities
for Zara. (2 marks)

13. From your qualitative analysis on Question 11, identify and explain 2 potential threats for
Zara. (2 marks)

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