The assignment content is a cover letter from a marketing person applying for a Marketing Intern position at a hospital. The applicant highlights their experience and interest in aligning with the hospital's needs. They also discuss various buying situations in hospitals, including new task buying, straight re-buy, modified re-buy, derived demand, inelastic demand, joint demand, and fluctuating demand. The letter concludes by emphasizing the importance of understanding buyer requirements and seller considerations in the B2B decision-making process.