Identify Evaluate Marketing Opportunities

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Part A You will need to refer to your business plan to complete part A of this assessment. Prepare a minimum (2 page) report to the Managing Director of Global Star. Your report should communicate the viability of making changes to current business operations. Please include the following points (minimum 1 paragraph) per point in your report as follows: * Outline at least three new marketing ideas and opportunities as a result of your research * Link these new marketing ideas to the goals and future objectives of the organisation * Evaluate each opportunity and outline the impact to the current business * Include financials and feasibility information to include a probable return on investment * Suggest recommended operational changes to the current business model * Estimate the resources and costs associated with these operational changes * Include all relevant forms of Legislative considerations when making operational changes (e.g. privacy laws, anti-discrimination, ethical principles etc.) Your report should be written in a way which is culturally appropriate and relates to people from diverse backgrounds and abilities. As a result of my research and analysis of the Strategic Business Plan, I came to the conclusion that the most suitable and best market opportunities would be the following three: * The expansion of the market area into South East Asia. This would lead to an increase of the market share and also to the increase of the sales revenue with a relatively low production costs in case the production would move to Asia. * Extension of product to manufacturing and selling of awnings. This opportunity is feasible with a minimal capital investment and we can use the existing infrastructure to manufacture them. * Expansion to installation service of their products. This opportunity would

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