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Group Assignment and Your task is to conduct an environmental analysis for one of two businesses.

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Your task is to conduct an environmental analysis for one of two businesses (listed below). Chapter three in your text book details the main environmental categories that may possibly impact a business. Not all will be equally important. Relevance and importance of each environmental factor will vary by specific business and period in time. We encourage you to think through all the different types of actors and forces listed in the textbook. However, your most challenging task will be to identify the most RELEVANT factors that impact (now or in the future) your selected business. Your written ...

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Question Preview:

Your task is to conduct an environmental analysis for one of two businesses (listed below). Chapter three in your text book details the main environmental categories that may possibly impact a business. Not all will be equally important. Relevance and importance of each environmental factor will vary by specific business and period in time. We encourage you to think through all the different types of actors and forces listed in the textbook. However, your most challenging task will be to identify the most RELEVANT factors that impact (now or in the future) your selected business. Your written report will then focus on environmental factors that have managerial implications (i.e. will help guide future decision making to improve the business). We are happy for you to break the report into many subheadings, yet bear in mind that if it just reads like a “laundry list” of points you will not get high marks. Rather, a good piece of work will read as an integrated story that a manager can understand, believe, and act upon. Your story will have clear implications. We also ask that you summarise the key implications of your environmental analysis at the end of the report. These implications will highlight critical threats and also opportunities for business growth. If you do a good job on the body of the report these summary implications should be obvious and prompt a sense of urgent action by the end of the report (i.e. they won’t pop out of nowhere at the end). Another cautionary thing to consider is that the report should read as an integrated piece (i.e. look like one story ... not separate parts written by different people). It is important to note that the textbook categories of actors and forces are just that ... generic classifications that in reality should be adapted to fit the specific business context in question. So I do suggest that you adapt the classifications used in your report to the reality of the setting. The alternatives include 1) David Jones OR 2) Billabong. These two businesses have been selected because they both face a range of challenges to which they must respond. They have also attracted considerable media attention. Consequently, there are a large number of relevant articles in newspaper, business press (and elsewhere) that you can draw upon. They are also public companies so you can also refer to their annual reports. Finally they are also highly visible in terms their public communications and are places you can readily visit and observe. Taken together this means that you should be able to gather a significant range of information about the business that you choose (provided you put the time and effort in). Use the textbook (marketing principles Administrative Requirements: Students will form groups of TWO or THREE members (2 or 3 only). Referencing is essential using Harvard Style. Note that we will take a dim view if your primary reference is little more than the corporate website. The paper is to be submitted as a 2000 word report, double spaced report (plus references and appendices if necessary). SEE OVER ...................... Note that we will primarily mark the report based on the 2000 words. We will certainly skim the appendices and look more carefully if something appears to impress, surprise, or conflict. So appendix supports are often helpful, but above all make sure that you encapsulate the important story elements in the main 2000 word section. A peer evaluation is to be individually submitted by each group member to their tutor in the tutorials w/c 23 September. Due date: Friday 20th September by 4pm, submitted via turn-it-in (absolutely no extensions allowed). Ensure that full names and SID numbers for each and every student in your group appears on the front page of your group assignment.

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A company’s environmental analysis is the evaluation of the actors and forces outside of marketing that directly affect the company’s ability to build and maintain relationships with customers. As one of the most successful companies worldwide, David Jones understands the necessity of preparing a rational environmental analysis report.

Instead of evaluating the factors as separate entities, this report will discuss how the factors within the macro environment shape the micro environment. In particular, it consists of SWOT analysis for internal environmental analysis and PEST analysis for external environmental analysis and other factors in environment affecting the business and the potential recommendations to address these issues.

The Company

David Jones Limited is an Australian retailer with earnings from its core department store business of AUD 104.9 million in the financial year 2012 and a further AUD 49.4 million from its complementary financial services business.

Currently, the company employs 8,100 people and operates 38 department stores in key metropolitan and suburban centres in and around Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra. Currently, David Jones’s stores provide a broad range of national and international brands across categories, including: womenswear, menswear and childrenswear; shoes and accessories; fragrances and beauty; homewares, bedding and furniture, appliances, home entertainment and home office; and a high-end food and liquor offer in selected stores. According to the publicised information; marketing, finance and administration are the three key departments.

The marketing department is responsible for collecting and analysing market data as well as positioning David Jones’s brand and image. It also creates responsive strategies to sustain profit and expand the company.

The finance department not only provides financial plans for David Jones’s activities but also foresees the associated financial risks and creates possible solutions. By preparing their annual report, the department is able to summarise the company’s performance and communicate to external sources such as shareholders for future investments.

The administration department is the highest department within David Jones’s business structure. With its ultimate power as a central processing unit, this department oversees HR, recruitment and controls the organisational culture of David Jones

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