CALIFORNIA STATE UNIVERSITY, LOS ANGELES DEPARTMENT OF MARKETING Principles of Marketing Marketing 304-05 Fall 2012 SH C368 TR 9:50-11:30 AM Dr. Richard Kao Office: ST F915 PHONE: (323) 343-2960 Office Hours: T 3:30-6:30, R 410-500 AND BY APPOINTMENT FAX (323)-343-5462 Email: rkao@calstatela.edu http://instructional1.calstatela.edu/rkao/mkt304 Course Description This course provides students with a decision-oriented overview of marketing management in modern organization. This course also provides you with a broad introduction to marketing concepts, the role of marketing in society and in a firm, and the various factors that influence marketing decision making. It provides you key frameworks and tools for analyzing customers, competition, and marketing strengths and weakness. This course will help you develop insights about creative selection of target markets and blending marketing decisions related to product, place, promotion, and price to meet the needs and wants of a target market. Learning Objectives 1. To explore marketing as a philosophy of management and an overview of marketing in relation to the student's life style. 2. To analyze key issues in marketing and society, including the impact of global competition, technology, total quality management, consumerism, and legal aspects. 3. To examine the various tasks assigned the marketing manager and the basic tools for accomplishing these tasks. 4. To learn the “language of marketing” (that is, terms, concepts, and frameworks) used by marketing managers. 5. To analyze marketing relationships to other business and non-business organizational functions. 6. To provide the student with knowledge and the skill to relate his own experiences in the 1 marketplace to the structure, goals, and organizations of marketing as a system. 7. To learn how internet and other information technology can be used in marketing planning, implementation, and control. Class Meetings: Most of each class meeting will be lecture and discussion of marketing concepts and related topics. In addition, marketing case materials and computer-aided problems will be discussed at scheduled sessions during the quarter. Class participation is an important part of your learning process. Please turn off your cell phone and MP3 before the class starts. Grading System: There will be a mid-term examination, a final examination, and other assignments. Grade points for each assignment are computed as follows: Points 120 120 50 10 ____ 300 Mid-term Final Examination Group Case Presentation Class Participation In general, 90% of total points are required for a grade of A, 80% for B, 70% for C, and 60% for D. Makeups: Missed midterm may be made up for acceptable reasons. However, grades on makeup will be reduced 10% for lateness. Required Text: Perreault, Cannon, and McCarthy, Basic Marketing, (Homewood, IL: Richard D. Irwin Inc., 2009) 17th Edition. (ISBN 978-0-07-338105-3) Recommended Readings: Business Week Wall Street Journal http://hbswk.hbs.edu 2 Use the following guide for the group case analysis and presentation. Sign up for the group case presentation, one case per group. Earn maximum 50 points for your Power Point presentation for the assigned case. I. Situation Analysis *Be brief II. Problems and Opportunities *Use of breakeven analysis, financial ratio analysis, such as: profitability, sales growth, forecasting. III. Alternative approaches for solving the problems IV. Evaluation of alternatives *The Pros and Cons for each alternative *Evaluation based on these criteria, such as: 1. 2. 3. V. VI. Resource availability Competition situation Environmental factors Implementation and Recommendation Update the case to the most recent information if it is available. ** No written report is required for the case analysis. ** ASSIGNMENTS Weeks Subject Chapters 1. Introduction to Marketing Class organization ________________________________________________________________________ 2. Marketing's Value to Consumers, Firms 1 Marketing Strategy Planning 2 3 3. Focusing Marketing Strategy with Segmentation and Positioning 4 The Changing Marketing Environment 3 Case 1. Chick-fil-A: “Eat Mor Chickin” P. 633 10/11 4. Demographic Dimension of Global Consumer Markets 5 Understanding Consumer Buying Behavior 6 Case 2: McDonald's "Seniors" Restaurant P.676 10/18 ______________________________________________________________________ 5. 6. Understanding Organizational Customers and Their Buying Behavior Improving Decisions with Marketing Information Case 3. Bass Pro Shops (Outdoor World) Case 4. Potbelly Sandwich Works 10/25 Product Planning Product Management and New Product Development Case 5. Toyota Prius: The Power of Excellence 10/30 *Midterm Examination 7 8 P. 643 P. 637 9 10 P. 635 (Thursday, 11/1, Chapters 1-8) 7. Channels of Distribution & Physical Distribution Customer Service and Logistics 11, 12 Case 6. Suburban Regional Shopping Malls P. 638 11/8 ________________________________________________________________________ 8. 9. Wholesaling and Retailing Case 7. Girl Scouts 11/15 Promotion Advertising Case 8. Advanced Materials, Inc. 11/20 13 P. 641 14 16 P. 669 4 11/22 Thanksgiving Holiday—University Closed 10. Personal Selling Pricing Policies and Strategies 15 Pricing Setting in the Business World Marketing Link with Other Functions Case 9. The GM Hummer Case 10. Segway finds niche markets 11/29 11. 18 20 P. 643 P. 644 *Final Examination (Thursday, 12/6, 8:10-10:30 AM, Chapters 9-20) Instruction for Group Case Analysis and Presentation Assignments 1. Team organization—Up to 5 students per team. 2. Each team will select one of the 10 cases shown in the assignments to be presented on the specific day indicated in the assignment sheet. 3. Each team is responsible for analyzing, preparing Power Point slides and presenting the case analysis. (Earn Maximum 50 Points). 5 6