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PRINCIPLES OF MARKETING |
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Class Hours: 3.0 |
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Credit Hours: 3.0 |
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Laboratory Hours: 0.0 |
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Revised: Spring 07 |
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Note: This course is not designed for transfer credit. |
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Catalog Course Description: |
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A study of the function of marketing in businesses and organizations. Topics include target markets, segmentation, product and service analysis, promotion planning, distribution and supply chain management and pricing strategies within the context of relationship marketing. |
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Entry Level Standards: |
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Basic college-level competencies in logic, reading, and English are presumed. |
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Prerequisites: |
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None |
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Textbook(s) and Other Course Materials: |
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Essentials of Marketing, 4th Ed., by Lamb, Charles W., Jr., Joseph F. Hair, Jr., and Carl McDaniel, (South-Western, 2005). |
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I. Week/Unit/Topic Basis: |
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Week |
Topic |
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1 |
An Overview of Marketing |
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2 |
Ethics, Social Responsibilities, and the Marketing Environment. |
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3 |
Developing a Global Vision |
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4 |
Consumer Decision Making |
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5 |
Business Marketing |
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6 |
Segmenting and Targeting
Markets |
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7 |
Product and Services Concepts |
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8 |
Developing and Managing Products |
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9 |
Marketing Channels and Supply Chain Management |
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10 |
Retailing |
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11 |
Marketing Communication and
Personal Selling |
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12 |
Internet Marketing |
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13 |
Pricing Concepts |
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14 |
Case Presentations |
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15 |
Final Exam |
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II. Course Objectives*: |
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A. |
Define and explain marketing . I, VII |
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B. |
Explain how the external environment affects marketing. I, VII |
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C. |
Explain the ethical implications of marketing decisions and discuss social responsibility. I, IX, VII |
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D. |
Discuss the importance of global marketing and explain global marketing strategy. I |
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E. |
Explain buyer decision making processes and identify the factors that influence buyer behavior. I, VI |
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F. |
Discuss market segmentation and target marketing. I, VII |
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G. |
Explain the role of marketing research and its implementation. I, VII |
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H. |
Explain how to develop marketing strategy and a marketing mix, consisting of product, price, distribution, and promotion strategy. I, VI |
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I. |
Discuss Internet marketing. I, VII |
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J. |
Describe the development of a marketing plan. I, VII |
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*Roman numerals after course objectives reference goals of the E-Commerce/Marketing program. |
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III. Instructional Processes*: |
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Students will: |
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1. |
Students will collaborate in teams to analyze and
solve marketing problems. (Communication Outcome, Active Learning
Strategy) |
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2. |
Student teams will analyze cases to formulate
successful marketing strategies. (Active Learning Strategy) |
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3. |
Each student team will conduct at least one formal
in-class presentation, using appropriate audio/visual aids to enhance the
delivery of marketing concepts. (Communication Outcome, Transitional
Strategy) |
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4. |
Through peer evaluations,
students will evaluate team member performance. (Communication Outcome,
Active Learning Strategy) |
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5. |
Students will learn practical applications of
marketing theories from guest speakers in various marketing-related
occupations. (Transitional Strategy) |
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6. |
Students will practice elements of the work ethic,
such as punctuality, reliability, cooperation, and respect. (Transitional
Strategy) |
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*Strategies and outcomes listed after instructional processes reference TBR’s goals for strengthening general education knowledge and skills, connecting coursework to experiences beyond the classroom, and encouraging students to take active and responsible roles in the educational process. |
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IV. Expectations for Student Performance*: |
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Upon successful completion of this course, the student should be able to: |
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1. |
Define marketing. A |
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2. |
Describe historic and current marketing philosophy. A |
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3. |
Name the four parts of the marketing mix. A, H |
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4. |
Identify and select a target market. A, F |
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5. |
Analyze how the components of the external environment impact a marketing strategy. B |
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6. |
Understand and evaluate the ethical implications of marketing decisions. C |
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7. |
Apply marketing concepts to the global business environment. D, H |
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8. |
Explain the difference between consumer and business marketing. E |
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9. |
Describe consumer and organizational buyer decision making processes and outline the major influences on buying behavior. E |
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10. |
Describe the bases for segmenting markets. F |
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11. |
Design a market segmentation plan. F |
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12. |
Outline the steps in a marketing research project. G |
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13. |
Define product and classify products. H |
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14. |
Explain branding strategies. H |
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15. |
Explain and use the product life cycle concept. H |
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16. |
Develop product strategy for new and current products and services. H |
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17. |
Identify and evaluate marketing channels. H |
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18. |
Explain supply chain management. H |
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19. |
Explain the role of retailing and analyze retail marketing strategy. H |
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20. |
Design a promotion mix for a product. H |
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21. |
Develop an integrated marketing communication plan. H |
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22. |
Develop pricing strategies. H |
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23. |
Explain the role of Internet marketing. I |
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24. |
Develop logical analyses of and solutions to marketing problems. A-J |
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25. |
Develop a consumer-oriented marketing plan. A-J |
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*Letters after performance expectations reference the course objectives listed above. |
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V. Evaluation: |
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A. Testing Procedures: |
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A minimum of three exams is recommended. |
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B. Laboratory Expectations: |
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N/A |
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C. Field Work: |
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N/A |
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D. Other Evaluation Methods: |
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A minimum of three case studies is recommended. Quizzes, Internet projects, and/or other assignments can also be included in the final grade. |
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E. Grading Scale: |
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92 -
100 A |
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VI. Policies: |
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A. Attendance Policy: |
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B. Academic dishonesty: |
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Plagiarism, cheating, and
other forms of academic dishonesty are prohibited. Students guilty of
academic misconduct, either directly or indirectly through participation or
assistance, are immediately responsible to the instructor of the class.
In addition to other possible disciplinary sanctions which may be imposed
through the regular |
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C. Accommodations for disabilities: |
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If you need accommodations because of a disability, if you have emergency medical information to share, or if you need special arrangements in case the building must be evacuated, please inform the instructor immediately. Please see the instructor privately after class or in his/her office. Students must present a current accommodation plan from a staff member in Services for Students with Disabilities (SSWD) in order to receive accommodations in this course. Services for Students with Disabilities may be contacted by going to Goins 127 or 131 or by phone: 694-6751(Voice/TTY) or 539-7153. |
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D. Computer Usage Guidelines: |
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College-owned or
–operated computing resources are provided for use by students of |
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