代写38173 International Business Data Analytics代做Python程序
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Module Title |
International Business Data Analytics |
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Module Code |
38173 |
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Assignment Title |
Individual coursework |
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Level |
Masters |
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Weighting |
70% |
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Hand Out Date |
19/02/2024 |
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Deadline Date & Time |
April(12/0)3/2024 Extended to 29th of |
12pm |
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Feedback Post Date |
26/05/2024 |
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Assignment Format |
Report |
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Assignment Length |
2500 words |
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Submission Format |
Online |
Individual |
Assignment:
Welcome to Part B of the International Business Data Analytics module assessment. This assessment focuses on a crucial aspect of modern international business analytics and strategy: utilizing data analytics for global expansion strategy in business operations. Throughout these tasks, you will reflect upon the practical application of data analytics techniques, including data mining and predictive analytics, that you have learned during the module, within a global business context.
Your assignment at-a-glance:
Carefully read the assessment brief below and prepare a 2500-word consultancy report (excluding tables, graphs, references, and appendices) presenting your answers and pertinent findings to Task 2.1 and Task 2.2, along with relevant questions. Visually support your analysis within the document with relevant charts and graphs. Appendall statistical analysis outputs. Cover key discoveries within each section following standard consultancy report formatting and style guidelines. Ensure your presentation includes relevant visualizations and include copies of all statistical analysis results in an appendix.
Introduction:
ABZ Corporation, a prominent player in the gaming industry, specialises in the production and distribution of cutting-edge gaming products. The company's flagship offerings include custom-designed immersive gaming chairs and, catering to the ever-growing demand for advanced gaming experiences. With a strong emphasis on innovation and quality, ABZ Corporation has witnessed a rapid expansion into key international markets.
Having successfully established a presence in Central America, the Caribbean, the Middle East, Oceania, and North Africa, the company is now seeking to enhance its understanding of customer perceptions and satisfaction. In pursuit of this goal, the company recently conducted a comprehensive survey targeting its diverse customer base (see: Customer Survey Dataset). The survey aimed to capture valuable insights on customers' perceptions of both the company and its products, focusing on six key attributes.
These attributes form the foundation of the survey analysis, providing a holistic view of customer sentiments. The company is keen on leveraging your analytical expertise to extract meaningful insights from the gathered data. By delving into customer preferences, usage patterns, and overall satisfaction levels, ABZ Corporation aims to refine its customer strategy and foster a deeper understanding of its market positioning. The attributes evaluated in the survey include:
Product Quality: represents the aggregated assessment of the overall quality and durability of ABZ Corporation's gaming chairs and monitors. Respondents rate the products on a scale of 1 to 10, with 1 indicating "poor" and 10 signifying “excellent” . This attribute encapsulates customers' perceptions of the performance and longevity of the gaming peripherals, providing valuable insights into the company's manufacturing standards and product satisfaction.
Design and Ergonomics: captures the aggregated feedback on the aesthetic appeal and ergonomic design features of ABZ Corporation's gaming products. Customers rate the design and ergonomics of the gaming peripherals on a scale of 1 to 10, with 1 indicating "poor" and 10 representing "excellent". This attribute evaluates the attractiveness and comfort of the products, shaping customer preferences and purchase decisions.
Value for Money: reflects the aggregated perception of the price-to-value ratio offered by ABZ Corporation's gaming peripherals. Customers rate the perceived value for money of the products on a scale of 1 to 10, with 1 representing "poor" and 10 denoting “excellent”. This attribute assesses the affordability and perceived benefits of the products relative to their cost, influencing purchase decisions and customer satisfaction.
Shipping Time Efficiency: reflects the aggregated assessment of the efficiency and promptness with which ABZ Corporation fulfils and delivers its products to customers. Respondents rate their shipping experience on a scale of 1 to 10, where 1 represents "poor" and 10 denotes “excellent”. This attribute measures the effectiveness of the company's logistics and distribution processes, influencing overall customer satisfaction and loyalty.
Customer Service: encompasses the aggregated assessment of ABZ Corporation's responsiveness, support, and assistance provided to customers. Respondents rate their interactions with the company's customer service team on a scale of 1 to 10, where 1 signifies "poor" and 10 indicates “excellent”. This attribute measures the effectiveness of the company's customer support efforts in addressing inquiries, resolving issues, and enhancing overall customer satisfaction.
Brand Reputation: captures the aggregated customer sentiment regarding ABZ Corporation's brand image and reputation within the gaming community. Respondents rate their perception of the company's brand reputation on a scale of 1 to 10, where 1 indicates "poor" and 10 signifies “excellent”. This attribute evaluates the company's credibility, trustworthiness, and perceived status among consumers, impacting brand loyalty and market positioning.
The survey also covered questions regarding overall satisfaction and adoption rates and demographic factors, including:
Extended Product Adoption Rate: measures the percentage of the survey respondent firm's total gaming product needs, beyond their main or initial purchase, that are sourced from the company. The scale ranges from 0% to 100%. This variable offers crucial insights into the depth of customer engagement, showcasing the extent to which customers have incorporated additional products from the company into their purchasing portfolio. A higher extended adoption rate signifies a stronger reliance on the company's diverse offerings, influencing strategic decisions and solidifying supplier relationships within the gaming product market.
Overall Satisfaction Level: represents the aggregated survey respondent's overall satisfaction with past purchases from the company. Measured on a scale of 1 to 10, where 1 indicates "poor" and 10 signifies "excellent" this attribute gauges the customer's contentment based on their historical interactions and transactions with the company.
Customer Region: categorizes customers based on their geographic location, representing the region from which they originate. It is measured on a scale of 1 to 5, with each number corresponding to a specific region: Central America (1), Caribbean (2), Middle East (3), Oceania (4), and North Africa (5). This variable facilitates the segmentation of customers according to their geographical distribution, providing insights into regional preferences, trends, and market dynamics. Understanding the geographic distribution of customers enables ABZ Corporation to tailor its marketing strategies, product offerings, and customer service initiatives to cater effectively to the unique needs and preferences of each region.
Purchase Method: is a categorical variable that denotes the method employed by the respondent when making a purchase. A value of 1 designates a "Direct Purchase" from the company's website, indicating customers who buy directly from the company. Conversely, a value of 2 signifies "Retail Intermediary Purchase," representing customers who prefer buying through a retail intermediary. This variable is instrumental in understanding the preferred purchasing channel of the customer base, enabling the company to tailor its sales strategies to align with customer preferences and optimize the overall purchasing experience.
Customer Type: is a categorical variable that classifies respondents into two distinct groups based on their purchasing history with the company. A value of 1 represents "New Customers," indicating individuals making their initial purchase from the company. Conversely, a value of 2 denotes "Returning Customers," identifying those who have previously engaged with the company and made repeat purchases. This variable plays a crucial role in understanding the composition of the customer base, facilitating targeted marketing efforts and informing customer relationship management strategies aimed at nurturing both new and existing customer relationships.
Task.2.1: Harnessing Gaming Data Analytics for Competitive Advantage
The attributes evaluated by each respondent in the survey serve as crucial indicators of customer sentiment. As the company embraces the survey findings, it aims to embark on a journey of refinement and innovation, ensuring that its gaming products not only meet but exceed the expectations of a diverse global clientele. Your analytical skills will play a pivotal role in deciphering this data and uncovering actionable insights that can guide strategic decision-making within the company. ABZ is committed to harnessing the power of data analytics to drive customer-centric initiatives, ultimately strengthening its competitive edge in the global gaming market. Your task is to navigate this journey, providing actionable insights that contribute to the company's ongoing success in the dynamic gaming market.
By leveraging advanced data analytics techniques, ABZ Corporation seeks to extract actionable insights from the survey data. These insights will play a crucial role in shaping the company's customer-centric approach and refining its product offerings to better align with consumer preferences and expectations. As an internal business data analyst, you have been tasked with analysing the survey data to uncover valuable insights that will inform. ABZ Corporation's future strategic decisions. Your role extends beyond numerical analyses, encompassing the crafting of a narrative that outlines the customer journey across continents and diverse cultures. Each data point contributes to a holistic understanding of customer satisfaction and underscores the company's dedication to meeting and exceeding expectations.
As an international business data analyst, you are tasked with harnessing advanced analytics techniques to derive actionable insights from the survey data. Your analysis will play a pivotal role in shaping ABZ Corporation's customer strategy, enabling the company to enhance customer satisfaction, drive product innovation, and maintain its competitive edge in the dynamic gaming market. You are required to apply different data mining techniques to provide recommendations based on addressing the following key questions:
• T2.1Q.1: Can you segment customers into distinct groups based on their perceptions of the company? If yes, what are the key distinct attributes of each segment identified?
• T2.1Q.2: What are the key drivers of Extended Product Adoption Rate and their Overall Satisfaction based on their ratings of the 6 attributes? Which attributes have the highest level of association with the outcome metrics? Which market have performed better across different attributes?
• T2.1Q.3: Do significant differences exist in attributes, Extended Product Adoption Rate and their Overall Satisfaction when comparing customer subgroups based on their region? If yes, provide details. estimates the size effect that belonging to a particular region has on survey metrics compared to a baseline, all else constant. Significant regional effects in the model highlight attributes and outcomes with geographic variations.
Task.2.2: Data-Driven Gaming Sales Forecasting and Market Prioritisation
Your client has the records of their main product monthly sale data in their main markets for the past 5 financial years, up to December 2023 (see: Forecasting Dataset). They also have industry level sales data related to their flagship products across key markets:
Monthly Gaming Chairs Unit Sales: represents the total number of gaming chairs sold by the company within a given month across key markets. This metric provides insight into the demand for the company's gaming chairs overtime, helping to track sales performance, identify trends, and inform. production and inventory management decisions.
Monthly High-refresh-rate Gaming Monitors Unit Sales: refers to the total number of high-refresh-rate gaming monitors sold by the company in a specific month across key markets. This metric offers valuable information on the demand for the company's high-performance monitors, allowing for the assessment of sales trends and the identification of market opportunities.
Monthly Industry Gaming Chairs Unit Sales: represents the total number of gaming chairs sold within the gaming industry as a whole during a given month across key markets. This metric offers a broader perspective on market trends and competition within the gaming chairs segment, enabling the company to benchmark its sales performance against industry averages and identify areas for improvement or growth.
Monthly High-refresh-rate Gaming Monitors Unit Sales: refers to the total number of high-refresh-rate gaming monitors sold across the gaming industry in a specific month across key markets. This metric provides insights into the overall demand for high-performance monitors within the gaming market, allowing the company to gauge its market share and competitiveness in this segment.
Using the provided product sales data:
• T2.2Q.1: Apply suitable forecasting techniques to project monthly sales for different markets for the year 2024, and also apply appropriate forecasting techniques for all industry-level data across different markets to project the monthly sales volume in 2024.
• T2.2Q.2: Predict the expected monthly and annual percentage of market share that will beheld by ABZ Corporation for each of their flagship products. Explore the
growth of the market share rate in each market and identify the markets with the highest growth rate.
• T2.2Q.3: Based on the segmentation analysis you conducted earlier, provide recommendations to your client on which markets they should devote effort for 1) further improvement and 2) aggressive sales, considering the potential sales growth. With a focus on the sales forecast, market share, and identified markets with the highest growth rate, identify the best market for the managers of ABZ Corporation to concentrate on and justify your recommendation with evidence.
Present your findings in a consultancy report format, adhering to a word limit of 2500 words (excluding tables, graphs, reference list, and appendices). Your report should cover the following topics and relevant findings, namely Customer Segmentation Analysis, Sales Forecasting, Recommendations, Conclusion and Next Steps, in separate sections (see Note 2). Ensure your analysis is supported by relevant visualizations. Include (copies of) all the results of statistical analyses in the appendix section of your report.
Note:
1. For tasks 2.1 and 2.2, you are assigned a set of simulated datasets.
2. The customer segmentation analysis section details the methodology used to group customers based on survey perceptions and preferences into distinct segments. It profiles each segment, highlighting distinguishing attributes, demographics/firmographics, and actionable insights. Finally, it discusses how these insights can inform. ABZ Corporation's future marketing and customer experience strategy.
The outcome drivers analysis section describes the correlation analysis used to uncover associations between product/service attributes and key customer outcome metrics like satisfaction and product adoption. It presents the most influential drivers of positive outcomes and notes any substantial regional variations relevant to ABZ Corporation’s diverse customer base. Finally, it analyses the implications of these results to advise where ABZ might prioritize improvement efforts to measurably influence future customer outcomes.
The regional comparison analysis section elaborates on the statistical tests used to assess differences across regions in both product attributes perceptions and overall customer outcome measures. It summarizes any significant regional variations
discovered through examining the data. Finally, it discusses critical insights yielded into detecting meaningful geographic differences relevant to ABZ Corporation, along with recommendations based on those territorial divergences.
The sales forecasting sections applies quantitative and qualitative techniques to
develop projections for ABZ Corporation's future product and geographic market
sales based on historical data. It presents summarized forecasts and graphs of
expected company and industry sales trajectories, enabling contextualization via
trend analysis,growth rates, and benchmarking. It identifies shifts in expected ABZ market share by territory to highlight highest potential and most vulnerable growth markets to focus strategic decision-making.
The recommendations section translate impactful analysis into practical suggestions tailored to ABZ’s customer analytics goals. They open by highlighting key opportunities to enhance customer experiences, refine strategic growth plans, and improve future gaming product performance across targeted international markets. This establishes alignment between the survey analysis and sales forecasting that revealed actionable findings.
Module Learning Outcomes:
In this assessment the following learning outcomes will be covered:
LO 1. Comprehend and interpret the role of business data in generating new information and knowledge.
LO 2. Critically evaluate how data can be used to generate actionable insights within international business strategic decision-making processes.
LO 3. Appraise the complexities when gathering/ managing and analysing data in the context of a task and finishing the business project.
LO 4. Evaluate and critically appraise data in application to existing and emergent
international business contexts and challenges.
Grading Criteria:
Structure and logical flow (20 marks): will evaluate the logical flow and transitions between
analysis components. Higher marks for smooth, cohesive structure that maintains reader engagement. Lower marks for disjointed ideas, abrupt transitions, and lack of alignment to issues.
Application of analytical methods and data interpretation (30 marks): depend on technical rigour in analytics approaches and ability to discover insights from data. Higher marks for
innovative analytical thinking that deepens understanding. Lower marks for limited analysis without Attempt at interpretation.
Reasoning and critical evaluation (20 marks): evaluate objectivity, logic and critical thinking in reasoned evaluation of perspectives. Higher marks for considerations of limitations and alternative outlooks to balance insights. Lower marks for biased or unsupported claims without evidentiary bases.
Strategic conclusions and recommendations (30 marks): evaluate feasibility, clarity and linkage of client-relevant conclusions and strategic recommendations to the analysis and remit needs. Higher marks for creative and customised recommendations synthesizing insights to inform management decisions. Lower marks for recommendations unrelated to analysis or remit situation.