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Educating the world for a better change
,Elite Academic Institute 068 053 513 262 1185
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Educating the world for a better change
, Elite Academic Institute 068 053 513 262 1185
Table of Contents
QUESTION 1 Critically evaluate three technological elements that could impact
Township Luxury's business operations in 2025 and beyond. Your answer
should include: ......................................................................................................... 5
• a theoretical discussion of the definition of technological elements in the
environmental analysis (3 marks), .......................................................................... 5
• provide three practical examples of technological elements (3 marks), .......... 5
• showcase potential implications of examples on Township Luxury’s business
(3 marks); and ........................................................................................................... 5
• explain how the technological examples could shape Township Luxury’s
future strategies (3 marks). ..................................................................................... 5
QUESTION 2 Critically analyse three economic factors that could impact
Township Luxury’s business in 2025. Evaluate the significance of each factor
and justify why these elements are likely to influence the business, providing a
comprehensive rationale supported by evidence and reasoned arguments. [10]
................................................................................................................................... 8
QUESTION 3 Develop three distinct customer segments for Township Luxury.
Evaluate the criteria used to define each segment and synthesise how these
segments will impact Township Luxury’s overall marketing strategy. Provide a
detailed justification for the segmentation choices and their potential
effectiveness in meeting customer needs and achieving strategic objectives. (10
marks). .................................................................................................................... 10
Educating the world for a better change