RCS 261: INTRODUCTION TO CONSUMER RETAILING SPRING 2014 M W F 8:00 to 8:50 AM STONE 142 PREREQUISITES: NONE Instructor: Jennifer Yurchisin (TA: Hongjoo Woo) Office: Stone 353 e-mail: jlyurchi@uncg.edu Office Hours: M & W from 9:30 to 10:30 AM, or by appointment Required Texts: Dunne, P. M., Lusch, R. F., & Carver, J. R. (2014). Retailing (8th ed.). Mason, OH: Cengage Learning. CARS Guidelines for Students (Undergraduate Handbook) Additional required readings will be distributed during class or available electronically on Blackboard. Course Description Overview of consumer and apparel retailing, focusing on basic retail principles. Analysis of retail interfaces with special emphasis on fashion retailing and related consumer products. Career opportunities investigated. Student Learning Outcomes Upon completion of the course, you should be able to: • • • • • Define and explain basic retailing principles, concepts, terminologies, institutions, and trends in the retail environment. Explain the differences between retail segments. Understand global market factors associated with developed and emerging retail markets. Understand the nature and scope of planning retail strategy, assessing competition and risk factors involved when entering new global retail markets. Conduct library and field research on specific retail topics, analyze findings, draw conclusions and make relevant presentations to retail executives to improve retail concepts and practices. 1 Course Policies and Procedures 1. Attendance Policy and Make-Up Work Class attendance and class participation are essential to your success in this course. Extensive absence from class will significantly affect your grade. Opportunities for deadline extensions and make-up exams will only be given to those who have a documented, University-approved excused absence (e.g., family death, illness with doctor’s note). In the event of an extended illness, the student and I will consider alternatives. 2. Special Needs and Accommodations Please speak with me as soon as possible regarding any special needs or special accommodations that you require. The University of North Carolina, Greensboro seeks to comply fully with the Americans with Disabilities Act (ADA). Students requesting accommodations based on a disability must be registered with the Office of Disability Services in 215 Elliott University Center, 334-5440, http://ods.dept.uncg.edu, ods@uncg.edu. Please discuss your needs with me so that reasonable accommodations can be made. 3. Grades Your grade will be determined entirely by your performance on the exams, in-class activities, and course projects. Therefore, I cannot adjust grades due to factors outside of the course (e.g., GPA trouble, work conflicts, personal problems, etc.). Please feel free to come and speak with me about your performance in the course at any time during the semester. However, do not tell me that you need a certain grade or ask for extra assignments for the purpose of raising a grade. I have to treat everyone fairly. Your final course grade will be based upon: • Exams (3 @ 100 points each = 300 points) • There will be three (3) exams throughout the course of the semester. • Each exam will contain thirty (30) multiple-choice questions, worth three (3) points each, plus one (1) short-answer question, worth ten (10) points, for a total of one hundred (100) points. • Each exam will cover not only the assigned text material, but will also cover lectures, group exercises, and class discussions. In other words, you are responsible for everything that takes place in class. • Individual projects (5 @ 50 points = 250 points) • You will be required to complete five (5) projects during the semester. • A separate handout describing each project as well as the due dates for the projects will be distributed. 2 • Class activities and participation (50 points) • You will be required to complete in-class activities and take-home activities as well as actively participate in class discussions each day. • You must be present in class to complete the day’s activity or to participate in the day’s discussion. • You will not be allowed to make up any activities that you miss. • Excused absences will be granted to only those students who provide documentation of a University-approved absence (e.g., family death, illness with doctor’s note). • At the end of the semester, if you have completed all of the activities, you will be awarded five (5) extra bonus points. • At the end of the semester, if you have missed no less than three (3) activities, you will be awarded all fifty (50) points, but no bonus points. • At the end of the semester, if you have missed more than three (3) activities, you will be awarded a percentage of the fifty (50) points based on the number of activities you have completed (with the three (3) activity grace period). • Extra credit opportunities (? @ 5 points each = ? points) • There may be opportunities for extra credit throughout the semester. • Successful completion of each opportunity will be worth up to five (5) points. Grades are assigned on the basis of total points earned for the course. I will compute the final grade by dividing the total number of possible points by the total number of points that you have earned on the exams, in-class activities, individual projects, and extra credit opportunities. The resulting percentage will determine the final grade according to the following scale: 600 to 582 points/100% to 97% = A+ 581 to 558 points/96% to 93% = A 557 to 540 points/92% to 90% = A539 to 522 points/89% to 87% = B+ 521 to 498 points/86% to 83% = B 497 to 480 points/82% to 80% = B479 to 462 points/79% to 77% = C+ 461 to 438 points/76% to 73% = C 437 to 420 points/72% to 70% = C419 to 402 points/69% to 67% = D+ 401 to 378 points/66% to 63% = D 377 to 360 points/62% to 60% = DBelow 360 points/59% to 0% = F • CARS Statement on Academic Integrity The UNCG Academic Integrity Policy states,” If knowledge is to be gained and properly evaluated, it must be pursued under conditions free from dishonesty. Deceit and misrepresentations are incompatible with the fundamental activity of this 3 academic institution and shall not be tolerated.” By choosing to enroll in this course and by completing assignments, projects, examinations, etc., you are by default held to the standards of the Academic Integrity Policy, and you are subject to sanctions should you violate the policy in any manner. 4 RCS 261 - TENTATIVE COURSE SCHEDULE (subject to change) Date 13 Jan 15 Jan 17 Jan 20 Jan 22 Jan 24 Jan Day Mon Wed Fri Mon Wed Fri 27 Jan 29 Jan 31 Jan 3 Feb 5 Feb 7 Feb 10 Feb 12 Feb 14 Feb 17 Feb 19 Feb 21 Feb 24 Feb 26 Feb 28 Feb Mon Wed Fri Mon Wed Fri Mon Wed Fri Mon Wed Fri Mon Wed Fri 3 Mar 5 Mar 7 Mar 10 Mar 12 Mar 14 Mar 17 Mar 19 Mar 21 Mar 24 Mar 26 Mar 28 Mar 31 Mar 2 Apr Mon Wed Fri Mon Wed Fri Mon Wed Fri Mon Wed Fri Mon Wed Topic Course Introduction Perspectives on Retailing “ Martin Luther King, Jr. Day “ Retail Strategic Planning and Operations Management “ Retail Customers “ “ Evaluating the Competition in Retailing “ “ Exam Review Exam #1 Managing the Supply Chain “ Legal and Ethical Behavior “ “ Marketing Selection and Retail Location Analysis “ Managing a Retailer’s Finances “ Spring Break Spring Break Spring Break Merchandise Buying and Handling “ “ Exam Review Exam #2 Spring Holiday Retail Pricing “ Readings & Items Due Read the syllabus! Chapter #1 Class Excused Chapter #2 Individual Project #1 Due Chapter #3 Chapter #4 Individual Project #2 Due Chapters #1-4 Chapter #5 Chapter #6 Individual Project #3 Due Chapter #7 Chapter #8 Class Excused Class Excused Class Excused Chapter #9 Chapters #5-9 Class Excused Chapter #10 5 4 Apr 7 Apr 9 Apr 11 Apr 14 Apr 16 Apr 18 Apr 21 Apr 23 Apr 25 Apr Fri Mon Wed Fri Mon Wed Fri Mon Wed Fri “ Advertising and Promotion “ “ Customer Services and Retail Selling “ Store Layout and Design “ “ Reframing Retail Strategy 28 Apr 29 Apr 2 May Mon Tue Fri “ Exam Review Exam #3 Chapter #11 Individual Project #4 Due Chapter #12 Individual Project #5 Due Chapter #13 Chapter #14 Chapters #10-14 8:00 – 11:00 AM 6