1.1: Explain the different approaches to analysing customer behaviour and identifying patterns.

QUALIFI ASSESSMENT DOCUMENT

Introduction

Prior to attempting this coursework assignment, Learners must familiarise themselves with the following policies:

• Centre Specification
• Can be found at https://qualifi.net/qualifi-level-5-diploma-in-business-management/
• Qualifi Quality Assurance Standards
• Qualifi Quality Policy Statement

Plagiarism and Collusion

In submitting the assignment Learner’s must complete a statement of authenticity confirming that the work submitted for all tasks is their own. The statement should also include the word count.

Your accredited study centre will direct you to the appropriate software that checks the level of similarity. Qualifi recommends the use of https://www.turnitin.com as a part of the assessment.

Plagiarism and collusion are treated very seriously. Plagiarism involves presenting work, excerpts, ideas or passages of another author without appropriate referencing and attribution.

Collusion occurs when two or more learners submit work which is so alike in ideas, content, wording and/or structure that the similarity goes beyond what might have been mere coincidence

Please familiarise yourself on Qualifi’s Malpractice and Maladministration policy, where you can find further informatio

Referencing

A professional approach to work is expected from all learners. Learners must therefore identify and acknowledge ALL sources/methodologies/applications used.

The learner must use an appropriate referencing system to achieve this. Marks are not awarded for the use of English; however, the learner must express ideas clearly and ensure that appropriate terminology is used to convey accuracy in meaning.

Qualifi recommends using Harvard Style of Referencing throughout your work.

Appendices

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You may also include tables, graphs, diagrams, Gantt chart and flowcharts that support the main report should be incorporated into the back of the assignment report that is submitted.

Any published secondary information such as annual reports and company literature, should be referenced in the main text of the assignment, in accordance of Harvard Style Referencing, and referenced at the end of the assignment.

Confidentiality

Where a Learner is using organisational information that deals with sensitive material or issues, they must seek the advice and permission from that organisation about its inclusion

Where confidentiality is an issue, Learners are advised to anonymise their assignment report so that it cannot be attributed to that particular organisation.

Word Count Policy

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When an assessment task requires learners to produce presentation slides with supporting notes, the word count applies to the supporting notes only.

Submission of Assignments

All work to be submitted on the due date as per Centre’s advice.

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Marking and grades

Qualifi uses a standard marking rubric for all assignments, and you can find the details at the end of this document. Unless stated elsewhere, Learners must answer all questions in this document.

Assignment Question

Scenario

Learners may use their own employment context to write an assignment based on assessment tasks. Assessment tasks are learning outcomes of the unit associated with Assessment Criteria. You are required to generate sufficient evidence on assessment criteria to meet learning outcomes of the unit within the rules, regulations and standards to achieve credits of the unit. If you are not in employment, please use the following scenario.

Customer Relationship Management (CRM) is now being actively embraced by organisations within most industry sectors. Furthermore, customer expectations are changing with the result that customer relationships are becoming increasingly more complex to manage. Consider you are working as a Customer Relationship Manager of a small-medium sized insurance private limited organisation, which deals with its customers all over the world to sell its motor, home, life, savings and retirement insurance products and services. Your role includes understanding customers, meeting customer need and adding value. You are asked by Directors to write a report to meet learning objectives of following three assessment tasks, where you should identify analyses how the organisation have responded by looking after their customer base in new and more cost-effective ways. You are also asked to make suitable recommendations to improve your organisation approaches to customers in order to meet their needs in competitive market environment.

Task 1 – 600 words

Examine the different ways that organisations deal with their customers.

1.1: Explain the different approaches to analysing customer behaviour and identifying patterns.

1.2: Explain the different approaches to segmenting customers and identifying target groups.

Assessment Criteria

1.1: Analyse customer behaviour and identify patterns and differences in approach.

1.2: Segment customers and identify target groups

Task 2 – 800 words

Develop skills and practices that will support customers retention.

2.1: Explain and provide examples of customer retention practices for different industries.

2.2: Provide examples that demonstrate the concept of ‘adding value’ to customers.

Assessment Criteria

2.1: Appraise CRM (customer relationship management) and customer relationship marketing activities.

2.2: Explain and provide examples of customer retention practices for different industries.

2.3: Create examples that demonstrate the concept of ‘adding value’ to customers

Task 3 – 600 words

Explore and learn from examples of customer centred organisations and the benefits of such an approach.

3.1: Research customer-centred organisations across different industries and evaluate the benefits of their approaches.

3.2: Based on this research, make recommendations to an organisation (chosen by you) for improving its approach to customers.

Assessment Criteria

3.1: Research customer centres organisations across different industries and evaluate their approaches.

3.2: Create recommendations for an organisation known by the Leaner for improving its approach to customers.