Syllabus COURSE INFORMATION: Title: Retailing Number: MKTPT 207 Section: 01 Semester: Spring 2015 Credits: 3 Class Schedule/Location: Tuesday & Thursday 10:00 – 11:45, SGC 228 Textbook (Required): Retailing, 8th Edition Dunne, Lusch, Carver; Cengage Learning 2014 INSTRUCTOR INFORMATION: Instructor: Cara Thompson Office: SGC 227 Office Hours: Monday & Wednesday, 10:00 – 11:45 Telephone: 792-2765 (w/voice mail) Email: clthompson@lcsc.edu Website: http://connect.lcsc.edu/clthompson COURSE PURPOSE: This class is designed to provide students with the necessary skills to make efficient and productive decisions in the retailing and service industries. Topics include m-commerce, e-commerce, human resources, operations, merchandising, supply-chain management, and of course, customer service. It is suggested that this class be taken after successfully completing an Introduction to Marketing course. GENERAL INSTRUCTIONS: Communication is a very important part of every relationship. Students are encouraged to keep this in mind as we make our way through the semester. This instructor is very dedicated to your successful completion of this course as well as your overall education. However, it must be noted that this communication is mostly the student’s responsibility because it is the student’s grade and education. E-mail is a requirement for this class. There will be a lot of communication through e-mail. The only email address that I will send messages to is the one officially given by the LCSC Information Technology department. All students registered are automatically given an email address. For more information about LCSC’s email system you can go to the Information Technology office downstairs in Sam Glenn Complex. METHODS OF INSTRUCTION: Open lectures, group discussions, group projects, guest speakers from industry, and simulations will be used to present students with skills necessary to be effective in retail marketing. Students are responsible for completion of all assignments and participation of projects and simulations. Field trips will also be used to enhance the learning activities of the classroom. While the instructor will attempt to accommodate transportation needs, it is the responsibility of the student to travel to these local businesses. The Business Management Program has a small school-based enterprise called the Snack Shack that is utilized by the class as a laboratory. This “laboratory” is the same to our program as one is to a chemistry class. Therefore, students in this class are required to participate in the operations of the Snack Shack. METHODS OF EVALUATION: Completion of all assignments and class requirements are the responsibility of the student. It is very important that the student stays current with the course schedule. Staying current with the class is the duty of the student, not the instructor. If a student must be absent he/she is expected to check with the instructor about any work that was missed. All make-up tests and/or assignments will have 10% deducted unless the instructor is notified prior to the absence. All assignments must be submitted within one week of the due date; otherwise, the instructor may deny credit for that assignment. This course is designed with the intent that all projects, tasks, etc. are completed by the student before the student receives a passing grade. Failure of the student to complete all assignments can constitute a failing grade even if the existing grades calculate to a passing level. ATTENDANCE & WORK ETHIC: Students are expected to attend class on a regular basis and to participate in the classroom discussions and activities. Students will also be required to have read applicable chapters prior to lectures and activities in order to more fully participate. Work ethic includes such things as possessing a good attitude, avoiding disruptions, being cooperative, displaying classroom courtesy, working well with others, asking questions, and using time wisely. Students are expected to be on time for class. Students will receive 100 points if they have no more than four absences. Five absences = 90 points. Six absences = 80 points. Seven absences = 70 points. More than seven absences = 0 points. The final grade will be based upon the following factors with corresponding percentages: 10% Work Ethic/Attendance 15% Weekly News Reports 30% Final Project 25% Unit Tests 20% Chapter Activities 100% Grading Scale – The following grading scale will be used to calculate final grades: A B+ B = = = 90—100% 87—89% 80—86% C+ C F = = = 77—79% 70—76% Less than 70% CELL PHONES: I expect courtesy in the classroom. Please either turn OFF the cell phone or change the ring to buzz (for emergencies) prior to entering the classroom. If you are called and feel that you MUST (for emergencies) use the cell phone, please do NOT answer until you have exited the classroom. In addition, talking on the phone or texting in the classroom at any time is considered discourteous. Please use the phone OUTSIDE of the classroom. BTS DIVISION ACCEPTABLE USE OF TECHNOLOGY POLICY: Students enrolled in any BTS program or course have the right and privilege to use computer systems and networks as far as that use does not violate guidelines set forth by the college and division. All computer use must comply with the LCSC policy and procedures No. 1.108 and the Appropriate Use of Technology Guidelines found at www.lcsc.edu/it/Policy_&_Procedures/LCSCFY2002AppropriateUse.htm. Users must respect the rights of other users, respect the integrity of the systems and related physical resources, and observe all relevant laws, regulations, and contractual obligations. Since electronic information is volatile and easily reproduced, users must exercise care in acknowledging and respecting the work of others through strict adherence to software licensing agreements and copyright laws. FERPA STATEMENTS: The Family Educational Rights and Privacy Act (FERPA) is a federal law designed to protect the privacy of student education records and is enforced by the U.S. Department of Education. In essence, the act states that 1) students must be permitted to inspect their own “education records” and 2) “school officials” may not disclose personally identifiable information about a student without written permission from the student. For further information on FERPA and LCSC’s directory information policy, visit www.lcsc.edu/registrar or call 208-792-2223. CONSUMER INFORMATION: In 2008, the federal government required all post-secondary institutions offering federal financial aid programs to provide key data to both prospective and current students. To comply with this requirement, Lewis-Clark State College has developed a consumer information page, which may be accessed at http://www.lcsc.edu/student-consumer-information/ DISABILITY ACCOMMODATIONS: Students requiring special accommodations or course adaptations due to a disability and/or a healthrelated issue should consult their course instructors and the LCSC Student Counseling Center immediately (RCH 111, 792-2211). Official documentation may be required in order to provide an accommodation and/or adaptation. http://www.lcsc.edu/disability-services/ STUDENT RIGHTS AND RESPONSIBILITIES: Students have the responsibility for knowing their program requirements, course requirements, and other information associated with their enrollment at LCSC. Students should review the LCSC General Catalog (http://webdev.lcsc.edu/catalog) and the LCSC Student Handbook (available at http://www.lcsc.edu/studentservices/contactus.htm) for more information. ACCIDENTS/STUDENT INSURANCE: Students participating in LCSC classes normally must look to their personal health insurance policy (Student Health Insurance Plan or comparable private coverage) should an accident occur. In the event of an accident, please seek medical help, if necessary, and report the incident to LCSC Security (7922226). Fieldtrips or other special student activities may also require students to submit a signed participation waiver (forms can be obtained from the supporting Division Office). ENROLLMENT VERIFICATION/ATTENDANCE: Students who are not actively pursuing their classes may have to repay part or all of their financial aid awards depending upon the circumstances. ACADEMIC DISHONESTY: Academic dishonesty, which includes cheating and plagiarism, is not tolerated at LCSC. Individual faculty members will impose their own policies and sanctions regarding academic dishonesty. Students who are accused of being academically dishonest may be referred to the Dean of Student Services for official disciplinary action. ILLEGAL FILE SHARING: Students using LCSC’s computers and/or computer network must comply with the college’s appropriate use policies and are prohibited from illegally downloading or sharing data files of any kind. Specific information about the college’s technology policies and its protocols for combating illegal file sharing may be found on the Dean of Student Services’ web page (http://www.lcsc.edu/studentservices/). DIVERSITY VISION STATEMENT: Regardless of race, color, age, sex, religion, national origin, disability, veteran status, or sexual orientation, you will be treated and respected as a human being. http://www.lcsc.edu/diversity/diversity-vision/ EXPECTED LEARNING OUTCOMES: Upon successful completion of this course, a student should have the skills and abilities to: 1. Understand marketing concepts and how they are used in the retailing and service industries 2. Understand and demonstrate how to manage inventory to increase profitability 3. Understand components of retail strategic planning 4. Understand and demonstrate how to be aware of your competitors and their products 5. Learn how to successfully offer customer services 6. Understand how to do periodic merchandise inventories with both the cost and retail valuation 7. Understand the product cycle and how it affects buying 8. Understand the retail environment 9. Learn how to find the best sources for buying merchandise 10. Understand market demographics and their effects on marketing decisions 11. Understand business cycles and their effects on business decisions 12. Understand and apply concepts of media use 13. Learn how to create an advertisement and how to prepare for the sale 14. Understand publicity and the effect it has on the business 15. Understand target market and how to approach it 16. Understand market selection and location analysis 17. Learn about careers in retailing February 5 Tentative Course Schedule Topic/Activity Class introduction & expectations/Syllabus Ch 1 Perspectives on Retailing Ch 1 Continued – Careers In Retailing Ch 2 Retail Strategic Planning & Operations Management Ch 3 Retail Customers Comparison Shopping Activity Wal Mart Tour February 10 February 12 February 17 Ch 4 Evaluating the Competition Ch 5 Managing the Supply Chain Retailing Simulation February 19 Week 1 Date January 20 2 January 22 January 27 January 29 3 February 3 4 5 7 March 3 Ch 6 Legal & Ethical Behavior Tobacco Case Ch 7 Market Selection & Retail Location Evaluate Websites Mystery Shopping Experience Ch 8 Managing a Retailer’s Finances 8 March 5 March 10 Retailing Simulation Ch 9 Merchandise Buying & Handling March 12 ICA – Poe Ranch Gift Shop Retailing Simulation Ch 10 Retail Pricing 6 February 24 February 26 9 March 17 10 March 19 March 24 March 26 11 12 March 30April 3 April 7 April 9 13 April 14 April 16 14 April 21 ICA – Modern Marvels Ch 11 Advertising & Promotions ICA Retailing Simulation NO CLASS – Spring Break Ch 12 Customer Services & Retail Setting Introduce Final Project ICA Retailing Simulation Ch 13 Store Layout & Design Store Layout Evaluation ICA – Food4Less Stores Case Study Ch 14 Reframing Retail Strategy Items Due Ch 1 test News Article/Presentation Ch 2 Test SWOT Analysis News Article/Presentation Ch 3 Test Ch 4 test Comparison Shopping Activity News Article/Presentation Ch 5 test News Article/Presentation Ch 6 test Ch 7 test News Article/Presentation Ch 8 test News Article/Presentation Mystery Shopping Report Ch 9 test News Article/Presentation News Article/Presentation Ch 10 test Ch 11 test News Article/Presentation Ch 12 test News Article/Presentation Ch 13 test News Article/Presentation 16 May 5 ICA – Lowe’s Case Study Retailing Simulation Final Project Work Day Retailing Simulation Final Project Work Day Final Project Presentations 17 May 7 May 12 May14 Final Project Presentations Finals Week Finals Week 15 April 23 April 28 April 30 News Article/Presentation Ch 14 test Store Layout Evaluation