TROY UNIVERSITY SORRELL COLLEGE OF BUSINESS COURSE SYLLABUS MKT 4469 - Marketing Management Fall Semester 2013 Prerequisite: MKT 3300 and 15 hours of upper level marketing classes Class Meeting Days: Class Meeting Time: Classroom Location: Final Exam: Tuesday/Thursday 1:00 p.m. – 2:15 a.m. Bibb Graves, 221 December 5, 5:00 – 7:00 p.m. Instructor: Office: Office Hours: Frank Thompson, lecturer Bibb Graves, Office 238C Monday through Friday, 8:30 – 9:30 a.m. Monday and Wednesday, 1:00 – 3:00 p.m. Tuesday, 2:15 – 3:15 p.m. (334) 670-3801 wfthompson@troy.edu Office Phone: E-Mail Address: Course Catalog Description: This is the capstone course for marketing major students. Focus is on marketing management problem solving by applying marketing concepts, procedures, and practices learned. Vehicles to deepen this decision-making approach will include text, cases, and simulations. Sorrell College of Business Vision Statement: The Sorrell College of Business will be a recognized and respected leader for quality and flexibility in the delivery of business education that prepares graduates to succeed in the global business environment. Sorrell College of Business Mission Statement: The Sorrell College of Business supports the Troy University mission by preparing our diverse student body to become ethical professionals equipped to compete in the global business environment. To achieve this, our faculty, staff, and administration will: 1) provide quality education in global business through our undergraduate and graduate programs, delivered around the world through face-to-face and online environments, to traditional, non-traditional, military, and international students; 2) contribute to the development and application of knowledge focused on applied business, learning, and pedagogical research; 3) provide service to the University, business and professional organizations, and our communities through individual involvement, business outreach, and our centers for research. MKT 4469, Fall 2013 - Page 1 of 9 Course Purposes: To provide the marketing-oriented tools necessary for the practical application of marketing decision-making in both a conceptual and an operational framework. Marketing concentration requirement. Course objectives: On completion of the course, the student should be able to Discuss customer satisfaction and value. Gather marketing information. Describe the marketing environment. Analyze business markets, customer markets, and buyer behavior. 5. Craft a marketing segmentation and target marketing plan. 6. Apply market positioning concepts to a marketing scenario. 7. Explain the product life-cycle and new-product development. 8. Make product line and brand management decisions in a marketing scenario. 9. Craft a pricing strategy and pricing program in a marketing scenario. 10. Demonstrate how to manage marketing channels and marketing communications, including direct and online marketing. 1. 2. 3. 4. Required Textbook: Marshall, G., and Johnston, M. (2011) Essentials of Marketing Management (1st Ed). New York: McGraw-Hill Irwin. Course Requirements: The student is expected to attend scheduled class meetings, complete reading assignments prior to class, and to submit completed assignments on time. Late work will not be accepted. Written exams will be given. Course Grading Methods: Course Evaluation: Letter Grade Percentage A 90-100% B 80-89% C 70-79% D 60-69% F 0-59% Points 900-1000 800-899 700-799 600-699 0-599 Student performance will be evaluated as follows: Percent of Grade 20% 40% 10% 20% 10% Points 200 400 100 200 100 1000 Item Assignments Four unit tests (100 each) Evaluation 1 THE test Final Exam – Comprehensive Total Possible Points MKT 4469, Fall 2013 - Page 2 of 9 Homework Assignments: Testing: Assignments will be submitted for a grade. To be considered “on time” they must be submitted by Blackboard to the instructor by established deadline. Group project grades will include a portion based on participation Tests will be based on material covered in class as well as reading assignments. Important: There is more material in the textbook than can possibly be covered and developed in detail during class periods. Tests will include material covered in class for which the student will be responsible, but not covered in the textbooks. Pay close attention to terms and concepts in each chapter. Tests will consist of multiple-choice, fill-in-the-blank, and/or (sometimes) short essay Student IDs will be checked prior to the handing out of the tests. Vocabulary Tests: When a chapter is completed, a vocabulary test will be given at the beginning of the next class meeting. For students who arrive late or are absent, see Make-up Policy below. Make-up Policy: Make-up tests will be given ONLY for DOCUMENTED (on letterhead), APPROVED absences. See ATTENDANCE POLICY. Make-up tests are administered only to students who have received approval from the professor prior to the test date. The make-up test must be taken within one week of the student’s return to class. Makeup tests are different from tests given in class. A grade of zero will be assigned for any tests missed due to an unexcused absence. Classroom Instruction and Administration: Students are expected to: 1. Punctually attend all scheduled classes. Students who arrive at class after roll call will be counted absent. 2. Be responsible for all instructions and assignments given in class as well as for the supporting textbook content. 3. Read the textbook material before the lecture covering that material. This leads to a better understanding of the lecture as well as the opportunity to ask questions about material(s) in the text that were unclear or that the student did not understand. 4. Participate in and utilize the Discussion Board. 5. Hand in assignments on the assigned due date and time. See homework policy. 6. Completed tests will be temporarily available for review in the instructor’s office during scheduled office hours. General support: The computer labs in 237 Bibb Graves and 239 Bibb Graves are available for student use. No food, tobacco products, nor drinks are allowed in the computer labs Americans with Disabilities Act: Troy University supports Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, which insure that postsecondary students with disabilities have equal access to all MKT 4469, Fall 2013 - Page 3 of 9 academic programs, physical access to all buildings, facilities and events, and are not discriminated against on the basis of disability. Eligible students, with appropriate documentation, will be provided equal opportunity to demonstrate their academic skills and potential through the provision of academic adaptations and reasonable accommodations. Further information, including appropriate contact information, can be found at the link for Troy University’s Office of Human Resources at http://www.troy.edu/humanresources/index.html. Cell Phone Policy: Use of any electronic devise by students in the instructional environment is prohibited unless explicitly approved on a case-bycase basis by the instructor of record or by the Office of Disability Services in collaboration with the instructor. Cellular phones, pagers, and other communication devices may be used for emergencies, however, but sending or receiving non-emergency messages is forbidden by the University. Particularly, use of a communication device to violate the Troy University “Standards of Conduct” will result in appropriate disciplinary action (See pp. 42-52 of the Oracle. In order to receive emergency messages from the University or family members, the call receipt indicator of devices must be in the vibration mode or other unobtrusive mode of indication. Students receiving calls that they believe to be emergency calls must answer quietly without disturbing the teaching environment. If the call is an emergency, they must move unobtrusively and quietly from the instructional area and notify the instructor as soon as reasonably possible. Students who are expecting an emergency call should inform the instructor before the start of the instructional period. Attendance Policy: 1. Class Roll: Class roll may be taken at the beginning of the class session. Students who arrive after roll is taken will be marked absent. 2. Attendance is mandatory. If a student misses a class or homework assignment it is his/her responsibility to obtain all information and materials presented (including materials covered, handouts, skills learned, and homework assignments) during his/her absence. Instructor does not repeat lectures nor perform the tutoring function for students who are absent. Each absence will make the successful completion of this course more difficult, since courses are cumulative in nature and days missed from class are lost knowledge. Exams will include not only the material from the assigned chapters in the text, but also from any other materials covered in class lectures. 3. Excused absences: Excused absences have the following characteristics: a. Professor was informed prior to the absence. MKT 4469, Fall 2013 - Page 4 of 9 b. Professor determines that the absence is excused. c. Absence is of the following type: 1. Participation in a documented official university function that does not permit the student’s class attendance (e.g., participation in athletic events, field trips, etc.) 2. Severe illness (this does not include scheduled medical appointments nor driving someone else to doctor), a hospital stay, or a doctor's excuse saying that it is impossible for student to attend class(es) 3. Death of immediate family member (grandparent, parent, sibling, or child) 4. Appearance in court 5. Personal situations that are approved by the professor in advance of the time the student is to be absent. d. Written documentation (on letterhead) must be provided. Incomplete Grade Policy: An incomplete grade indicates that the student has not completed all of the assigned class work or has not taken all class examinations. Only the instructor can determine whether an incomplete grade is justified. It will not be automatically assigned, but rather must be requested by the student by submitting to the instructor the Petition for and Work to Remove an Incomplete Grade form. A grade of incomplete may not be removed by repeating the course. It is the student's responsibility to contact the instructor regarding the deadline for completing all course requirements. Any student who receives a grade of “Incomplete” must adhere to the work completion deadline set by the instructor, not to exceed the end of the following term. This deadline applies whether or not the student re-enrolls for the semester following the assignment of the incomplete grade(s). Failure to clear the incomplete within the specified time period will result in the assignment of a grade of F for the course. Cheating policy: The commission of or the attempt to commit any cheating and/or plagiarism are in violation of the Standard of Conduct at Troy University, and may be disciplined up to and including suspension and expulsion. If you as a student are caught cheating, you will get a course grade of "F". See “ORACLE: Student Handbook, 2012-13" pp. 53-54. Plagiarism is the act of stealing and passing off (the ideas or words of another) as one’s own or to commit literary theft: present as new and original an idea or product derived from an existing source (Webster’s New Collegiate Dictionary). Plagiarism may result from poor technique of citation or more serious cases as: copying the work of another person; submitting the work of another person; or closely paraphrasing a piece of work without due acknowledgement. Depending on the circumstances, the penalty imposed for plagiarism may include warning, resubmission, loss of points, failure on a MKT 4469, Fall 2013 - Page 5 of 9 particular assignment or course, or a charge of misconduct to be dealt with by Troy University. Plagiarism will cause a student to get a course grade of “F”. According to the TU ORACLE: Student Handbook, 2012-13, pp. 46, one definition of misconduct is: “Dishonesty, such as cheating, plagiarism...”. The ORACLE states on pp. 55 under the Academic Code subheading that: “A student is subject to disciplinary action: #3. Where the work affects or might affect a student’s grade, credit, or status in the university, a student represents to be his or her own any work which is not the product of his or her own study and efforts”. The penalty for such misconduct may be (pp. 55) “A student’s grade in the course or on the examination affected by the misconduct may be reduced to any extent, including a reduction to failure.” A student may be suspended from the University for a specific or an indefinite period. p. 53-54. TEACH Act Copyright Notice: The materials in this course are only for the use of students enrolled in this course for purposes associated with this course and may not be retained or further disseminated to other students, friends, family, or other persons. Outside links: Materials accessed in chat rooms, bulletin boards, or through unofficial web links and pages are not officially sponsored by Troy University. The United States Constitution rights of free speech apply to all members of our community regardless to the medium used. We disclaim all liability for data, information, or opinions expressed in unofficial web links and pages, as well as chat rooms and discussion forums (bulletin boards). Contacting the instructor: Best and preferred method is Troy email Emails to the instructor should include full name, class, and section in the subject line Students who do not identify themselves in the above manner should not expect a response from the instructor Instructor will return messages within 24 hours Monday to Thursday; within 48 hours Friday through Sunday If student has not received a response from the instructor within the timeframes above, student should assume the message was not received and should resend it Student should check their own email account daily for responses and communication from the instructor Office telephone Not recommended as the most timely method to reach the instructor Leaving a phone message does not qualify as “contacting the instructor” MKT 4469, Fall 2013 - Page 6 of 9 Office hours Office meetings will be limited to 10 minutes sessions to accommodate more students Walk-in appointments are available on a first-come, first-serve basis Appointments can be made by email; allow time for email response from the instructor. Student is not to assume that by sending an email the appointment is automatic. Office meetings outside the posted office hours are possible by appointment only. Other: Instructor reserves the right to make changes in the syllabus during the course. Students will be notified of changes by Blackboard. The textbook is the final authority on test questions. Troy University policy is the final authority on class questions. The instructor is fair and but firm on deadlines. MKT 4469, Fall 2013 - Page 7 of 9 COURSE CALENDAR This list very is subject to change. Please watch Announcements (Blackboard) for change notices. Aug 15 Aug 20 Aug 22 Aug 27 Aug 29 Sept 3 Sept 5 Sept 10 Sept 12 Sept 17 Sept 19 Sept 24 Sept 26 Oct 1 Oct 3 Oct 8 Oct 10 Oct 15 Oct 17 Oct 22 Oct 24 Oct 29 Oct 31 Nov 5 Nov 7 Nov 12 Nov 14 Nov 19 Nov 21 Nov 25-29 Dec 3 Dec 4 Dec 9 FIRST DAY OF CLASS; Syllabus review The project Chapter 1 – Marketing in Today’s Global Business Milieu Chapter 1 – Marketing in Today’s Global Business Milieu Chapter 2 – Elements of Marketing Strategy and Planning Chapter 2 – Elements of Marketing Strategy and Planning Test 1 Chapter 3 – Perspectives on CRM and Marketing Metrics The project Chapter 4 – Managing Marketing Information The project – SWOT analysis Chapter 4 – Managing Marketing Information Chapter 5 – Understanding Customers: Business –to-Consumer Markets Chapter 5 – Understanding Customers: Business –to-Consumer Markets The project Chapter 6 – Understanding Customers: Business-to-Business Markets Test 2 Chapter 7 – Segmentation, Target Marketing, and Positioning The project Chapter 8 – The product experience: Product Strategy and Building the Brand Chapter 9 – Product Experience: New-Product Development and Service Chapter 10 – Managing Pricing Decisions Test 3 Chapter 11 – Managing Marketing Channels and the Supply Chain Chapter 12 – Points of Customer Interface: Bricks and Clicks Chapter 13 – Integrated Marketing Communications: Promotional Strategy, Advertising, Sales Promotion, and Public Relations Chapter 14 – Integrated Marketing Communications: Personal Selling, Direct Marketing, and Interactive Marketing Test 4 Exam Review Fall break & Thanksgiving holidays Exam review Dead Day – Possible THE TEST day FINAL EXAM 11:00 a.m. – 1:00 p.m. MKT 4469, Fall 2013 - Page 8 of 9 SYLLABUS ACKNOWLEDGEMENT Marketing 4469 Marketing Management By signing below I, the student, acknowledge that I have received the syllabus for the course indicated above and fully understand the contents of the syllabus. Specifically, I understand the objectives for the course and how my performance will be evaluated. I understand the policies associated with class resources, grade distribution across assignments, determination of the final letter grade, exam formats, exam dates and times, pop quizzes, class attendance and participation, and academic integrity. I understand that I should contact the instructor as soon as possible with any questions or issues regarding course contents or procedures. 1. ____ Late work is a. Not accepted b. Encouraged c. Considered a part of class d. Is not addressed in the syllabus 2. ____ Use of electronic devices by students in the instructional environment is: a. Encouraged b. Prohibited unless explicitly approved on a case-by-case basis by instructor c. Considered a part of class d. Is not addressed in the syllabus 3. ____ Attendance is a. Mandatory b. Excused only under specified circumstances c. Makes successful completion of this course less difficult d. All the above 4. ____ Cheating or the attempt to cheat are a. Violations of the Standard of Conduct at Troy University and is not allowed b. Encouraged c. Considered a part of normal class activity d. Is not addressed in the syllabus Student’s name (printed) Student’s signature Date: Detach this form from your syllabus, sign it once you agree with all statements and have correctly answered the four questions. To receive 2 bonus points added to your total class points, correctly answer the 4 following questions and submit this signed document to the instructor, Frank Thompson, no later than class on August 22. MKT 4469, Fall 2013 - Page 9 of 9