WILFRID LAURIER UNIVERSITY SCHOOL OF BUSINESS AND ECONOMICS BU682 BUSINESS-TO-BUSINESS (B2B) MARKETING Winter Term 2006 Instructor: Dr. David L. Blenkhorn Office: SBE 3250 Phone: 884-0710 ext. 2467 Email: dblenkhorn@.wlu.ca Office Hours: Monday 11:45 – 12:45; Tuesday 2:45 – 3:45; and at other times arranged via e-mail. Faculty Assistant: Margaret Dilworth, SBE 2201, 519-884-0710, Ext. 2041, mdilwort@wlu.ca Course Objectives: Business–to–business (B2B) marketing is the process of understanding, creating and delivering value profitably to targeted business markets. This course presents a comprehensive examination of business-tobusiness and organizational markets. Specific objectives are: (1) To highlight the similarities between consumer goods and business-to-business marketing and to explore the points of departure in depth. (2) To present a managerial rather than a descriptive treatment of business marketing. (3) To integrate the growing body of literature into an operational treatment of business marketing management. The course will provide a balanced focus on strategy and implementation, with the issue of global competitiveness addressed by examining worldwide business markets. Particular attention is given to the value paradigm in business markets, organizational buying behaviour, business alliances, partnerships and networks, competitive/business intelligence and the marketing of new/high tech-products and services. Emphasis is placed on e-commerce and how the Internet and World Wide Web have greatly changed the role, efficiency and effectiveness of the marketing function in the business-to-business marketplace. Course Format: Class sessions will consist of lectures, discussion, case analyses, Internet use, videos, and presentations by class members. Guest speakers may be scheduled when available. Be an active class participant and also be active outside the classroom - interact with others, know the relevant journals, visit with executives, attend conferences and so on. Throughout the course emphasis will be placed on e-commerce/e-business, global marketing, the existing and forthcoming free-trade zones throughout the world and the implications for the business-to-business marketer and business markets. Required Text: Hutt, Michael D., and Thomas W. Speh, Business Marketing Management, 8th Edition, Thomson SouthWestern, 2003. References: (A) Business Marketing Books 1. Dwyer, F. Robert, and John F. Tanner, Jr., Business Marketing: Connecting Strategy, Relationships, and Learning, 3rd ed., McGraw-Hill-Irwin, 2006. 1 2. Anderson, James C., and James A. Narus, Business Market Management, 2nd Edition, Pearson Prentice-Hall, 2004. 3. Bingham, Frank G., Jr., Roger G. Gomes, and Patricia A. Knowles, Business Marketing, 3rd ed, McGraw-Hill Irwin, 2005. 4. Brierty, Edward G., Robert W. Eckles and Robert R. Reeder, Business Marketing, Third Edition, Prentice-Hall, 1998. 5. Chisnall, Peter M., Strategic Industrial Marketing, 2nd Ed., Prentice-Hall, 1989. 6. Corey, E. Raymond, Industrial Marketing: Cases and Concepts. 4th Ed., Prentice-Hall, 1991. 7. Eckles, Robert W., Business Marketing Management, Prentice-Hall, 1990. 8. Gross, Andrew C., Peter M. Banting, Lindsay N. Meredith, I. David Ford, Business Marketing. Houghton Mifflin, 1993. 9. Haas, Robert W., Business Marketing Management, 5th Ed. PWS-Kent, 1992. 10. Hayes, H. Michael, Per V. Jenster and Nils-Erik Aaby, Business Marketing: A Global Perspective, Irwin, 1996. 11. Mahin, Philip W., Business-to-Business Marketing, Allyn and Bacon, 1991. 12. Morris, Michael H., Industrial and Organizational Marketing. Macmillan, 1992. 13. Powers, Thomas L., Modern Business Marketing. West, 1991. 14. Rangan, V. Kasturi, Benson P. Shapiro, and Rowland T. Moriarty, Jr., Business Marketing, Irwin, 1995. 15. Webster, Frederick E. Jr., and Yoram Wind., Organizational Buyer Behaviour. Prentice-Hall, 1972. (B) 1. 2. 3. 4. Business Marketing Journals The Journal of Business and Industrial Marketing (an academic journal oriented toward practitioners) Business Marketing (a trade journal for practitioners) Industrial Marketing Management (an academic journal) Journal of Business-to-Business Marketing (an academic journal) Student Evaluation: Group project Mid-term exam Final exam 30% 30% 40% 100% It is expected that students will attend all class sessions. Course Requirements: THE GROUP PROJECT (due beginning of class April 3) Group Project: Industry and Rival Firm B2B Strategic Analysis Objectives: 1. To enable your group to compare and contrast two B2B firms which are competing for the same customer groups. 2 To enable your group to perform a consultant’s role and produce a value-added report for your “client” firm. 3. To enable your group to present and defend your findings to the rest of the class. 2. The project: an overview: In groups of 4-5 students, select an industry of your choice, and within that industry select two firms to research. The industries and firms that we address in cases in this course are not eligible for study in this project. Your group has been hired by one of the two rival firms as consultants to research the industry, its principal competitor, as well as itself. Choose two firms that compete for the same customers in the same industry and one of them becomes your client. This firm has given your group some leeway in your research and report, but as a minimum, it wants the following questions/issues addressed: 1. Just where is our industry headed in the future? Suggested time horizons are: 1 year, 5 years, 10 years, 15 years. You must address issues such as: Will there be any major new developments in our industry? If so, when will they occur, and how will they impact us and on our major rival? Where will the future competition come from? 2. Are there any new B2B marketing concepts, techniques, and methodologies pertinent to our industry of which we should be aware? 3. What is the position of our major rival vis-à-vis us? Now and in the future. What are the timeframes? 4. What future strategies is our major rival contemplating? When are these strategies likely to come into effect? Given these future strategies, what should we do? When? In summary, what your client firm really wants from your group is actionable advice that it will utilize as input as it prepares its strategic marketing direction for the future, as well as the recommended tactics it should use. Your recommendations should be able to be implemented, and in so doing, consider timing, resource allocations, responsibility areas, sequencing, and contingency arrangements. These are things that senior B2B marketing decision-makers must deal with and want to trust that their B2B consultants (your group) have thoroughly considered. Other things to consider about the project: 1. If you select large companies to research, focus your analysis on a specific division or strategic group within each firm, so you will be researching similar customer groups 2. The Economist, The Wall Street Journal, Business Week, Forbes, Fortune, Globe and Mail Report on Business, Financial Post, etc., are good places to start. 3. You are advised to select a global industry and two large firms within that industry, as there will be a richer selection of data/information to choose from in going this route. 4. As soon as your group has done substantive work on the project, you should meet with me so we can discuss your progress and address any concerns/issues that have arisen that may benefit from my input. The Written Report: The paper should not exceed 15 pages, including exhibits. Text should be double-spaced, using a 12-point font and one-inch margins. Exhibits in the form of tables, diagrams, figures, illustrations, models, footnotes, references, etc., can and should be added. Of course, you will also want to include an executive summary and table of contents to facilitate the reader’s task. The paper should be of the highest professional quality and one you would be proud to provide to a potential (or current) employer as indicative of the superior quality of your efforts in the MBA program. 3 Report Evaluation Criteria: The ensuing general guidelines will be followed for the purposes of grading papers. Although each item will be assessed, their weight will not necessarily be identical. All are important and will be included in the grade. I have divided these items into content and presentation sections below. Content elements: 1. Thoroughness of research. Although a group might ultimately rely mostly upon a few primary sources, I expect you to have done a comprehensive review of the available information available with respect to your project. Examples of data sources you should consider reviewing include: interviews with organizational officials, electronic databases, annual reports, company-provided publications or press releases, internet-based/WWW sites, academic studies or cases, business journals, specialized trade journals, legal and government documents. You should thoroughly document the sources you reviewed in your references section. Those sources that provided information that you actually included in your report will be noted via endnotes. 2. Soundness of analysis. I expect the analysis to be both logical and based on the "facts" as best you were able to determine them. It is also critical to use as many of the tools and techniques we have covered during the term and to also use methods from other courses or real-world experiences as appropriate. This requirement suggests consulting with the professor when necessary as he can potentially identify and point out information sources about methods that can assist you in successfully completing your group's effort. 3. Practicality of paper. This will assess how well your report met the requirements of the project. You should develop useful analysis and recommendations that, at a minimum, achieve the following: insightful, realistic, based on reasonable assumptions, not lacking to identify any critical interrelationships, resourceeffective, feasible/possible, etc. Written Presentation elements: 5. Style and format. I expect the papers to be highly readable and organized. Among other things, this means that your group’s paper should be logically organized, grammatically correct, spell-checked, look visually appealing, have properly cited sources, and use formats besides plain text when appropriate to communicate important ideas. The output should be of the highest quality. Your grade will be reduced if I cannot understand your paper, it is "sloppy" or unprofessional. 6. Followed Directions. This means whether your group turned the project in at the prescribed date/time and whether you did all the items as stipulated in these directions. Your fellow classmates will give your group instant feedback on how well they think you did in your efforts. CLASS SCHEDULE AND READING ASSIGNMENTS Session 1 (Jan.9) (1) Course Introduction (2) Ethics in B2B Marketing Read: (1) Case #15 (in-class handout) (2) Argandona, Antonio, “On Ethical, Social, and Environmental Management Systems”, Journal of Business Ethics, April, 2004, 51(1), 41-52. (course CD) Session 2 (Jan. 16) (1) The B2B Marketing Environment (2) The Global Dimension in B2B Marketing 4 Read: (1) Chapters 1, 2, 10 (2) Holland, Christopher P., and Pete Naudé, “The metamorphosis of marketing into an information-handling problem”, Journal of Business & Industrial Marketing, 2004, 19(3), 167-177. (course CD) (3) Cavusgil, S. Tamer, Segun Yeniyurt, and Janell D. Townsend, “The framework of a global company: A conceptualization and preliminary evaluation”, Industrial Marketing Management, 2004, 33(8), 711-716. (course CD) (4) Case #4, Westward Industries (A) (P. 522) Discussion Questions: (1) What are the principal distinguishing characteristics between business and consumer marketing? How critical are they to the success of the business marketer? (2) How important is the concept of derived demand to the business marketer? (3) What are some of the implications if the business marketer doesn’t fully understand the complete product/service value chain? (4) What is the role of competition and co-operation in business markets today? (You may want to take a specific industry as an example.) (5) How does the business marketer’s strategy differ when dealing with: (a) commercial enterprises (2) governments (3) other organizations? (6) Are these 3 mutually exclusive from the business marketer’s perspective? (7) How does the global dimension affect the business marketing function? What are the key things to consider? What is likely to occur if these things are neglected? (8) What are the principal drivers of globalization? (9) What is the relationship between global business marketing and the global environmental (green) movement? What is the significance of the conferences in Rio de Janeiro, Kyoto, Buenos Aires, and The Hague? (10) Discuss the globalization of business markets and the value chain. (11) Identify changes in technology that are currently having a significant impact on business marketing practices and/or will do so in the future. Discuss the likely consequences if the business marketer doesn’t embrace these new technologies. Case Questions: (1) In what business is Westward Industries Ltd. (WIL)? (2) Critically evaluate WIL’s operations to date, especially their experience with the GO-4. (3) Assess Cushman’s strategy to date. (4) Propose a future strategy for WIL and the GO-4. 5 Session 3 (Jan. 23) Why and How Customers Buy – Organizational Buying Behavior Read: (1) Chapter 3 (2) MacDonald, Jason B., and Kirk Smith, “The effects of technologymediated communication on industrial buyer behaviour”, Industrial Marketing Management, 2004, 33(2), 107-116. (course CD) (3) Case #2, S.C. Johnson’s Professional Division (P. 513) Discussion Questions: (1) What are some of the current purchasing trends of which the business marketer should be cognizant? For each one cited, explain the implications for the business marketer. (2) Explain total cost of ownership, value analysis, and other forms of purchase evaluation. (3) How does government purchasing differ from corporate purchasing? What are the implications for the business marketer? (4) What are the key points in customer buying processes? (5) How does business buying behavior differ from consumer buying behavior? (6) What are the principal models to follow in understanding business buying behavior? How relevant are they for the new millennium? (7) How could a marketer of high-tech business communications products and services (e.g. Bell, ATT&T, etc.) utilize the Buygrid Framework? (8) How might Bombardier identify the buying centre of potential purchasers of its corporate jets? Of what use is this information? Case questions: (1) In purchasing cleaning products and services, which of the following managers might be members of the buying centre at a discount retailer like Wal-Mart or Zeller’s: a purchasing executive at the headquarters level, store managers, a merchandising executive, a marketing manager, a maintenance staff supervisor, or maintenance employees? Who would be most influential in the buying decision? (2) Describe how the evaluative criteria employed by the purchasing manager might be different from those that are important to users. (3) Explore how the needs of a health care organization might differ from the needs of a retailer in purchasing cleaning products and services. Session 4 (Jan. 30) Formulating and Managing B2B Relationships Read: (1) Chapter 4 (2) Svensson, Goran, “Vulnerability in business relationships: the gap between dependence and trust”, Journal of Business and Industrial Marketing, 2004, 19(7), 469-483. (course CD) (3) Deeter-Schmelz, Dawn R., and Karen Norman Kennedy, “Buyer- 6 seller relationships and information sources in an e-commerce world”, Journal of Business and Industrial Marketing, 2004, 19(3), 188-196. (course CD) (4) Zablah, Alex R., Danny N. Bellenger, and Wesley J. Johnson, “An evaluation of divergent perspectives on customer relationship management: Towards a common understanding of an emerging phenomenon”, Industrial Marketing Management, 2004, 33(6), 475-489. (course CD) (5) Case #3, Southwestern Ohio Steel Company, L.P: The Matworks Decision (P. 515) Discussion Questions: (1) Describe and explain the significance of the various types of buyerseller relationships found in business markets. What is the effect of e-business on these relationships (e.g., online markets)? (2) Explain the various relationship connectors that are used in different types of buyer-seller relationships. (3) Explain several procedures for designing effective relationship marketing strategies. (4) What are the critical determinants of success in managing B2B relationships (e.g., partnerships, strategic alliances, etc.)? Case questions: (1) Critically evaluate Matworks’ request for SOSLP to participate in “a unique marketing opportunity to solidify relations with Matworks”. (2) Why is Dan Wilson concerned about Matworks’ request? (3) What should Dan Wilson do? Elaborate. (4) Give guidelines for B2B firms to follow in managing external relationships. Session 5 (Feb. 6) E-Commerce Strategies Read: (1) Chapter 5 (2) Ryssel, Ricky, Thomas Ritter, and Han Georg Gemünden, “The impact of information technology deployment on trust, commitment, and value creation in business relationships”, Journal of Business & Industrial Marketing, 2004, 19(3), 197-207. (course CD) (3) Case #1, Cisco Systems (P. 487; do a web search for an update on Cisco Systems; visit their website) Discussion Questions: (1) What is the nature of e-commerce in business markets? Give examples. (2) What role should e-commerce play in firms’ B2B marketing strategy? (3) Compare and contrast the general lack of success of e-tailing with ebusiness in B2B markets? What can B2B or B2G learn from the B2C failures? (4) What advice would you give to a B2B firm that wanted to embrace e-commerce? 7 (5) What do you see as the future for B2B e-commerce? Case questions: (1) Give an overview of Cisco’s e-commerce strategy as outlined in the case and from visiting their website. (2) Critically evaluate Cisco’s e-commerce strategy. (3) How applicable is Cisco’s e-commerce strategy to B2B markets in general? (4) What e-commerce lessons can be learned from the case? Session 6 (Feb. 13) (1) Mid-term Exam (2) Supply Chain Management (3) Channels in Business Markets Read: (1) Chapters 6, 14 (2) Eng, Tack-Yong, “The role of e-marketplaces in supply chain management”, Industrial Marketing Management, 2004, 33(2), 97-105. (course CD) (3) Case #1, Cisco Systems (P. 487) (revisited) Discussion Questions: (1) What is meant by business marketing channel strategy? (2) What criteria are important when determining channel strategy? (3) What is the impact of technology on channel strategy? (4) How does the global dimension affect channel strategy? (5) Analyze customer needs for channel service outputs. (6) Discuss the challenges of managing channel relationships and coordinating activities across organizational boundaries. (7) Describe various relationship forms in channels. What is the significance of the different forms to the business marketer? (8) Explain the role of supply chain management in B2B marketing strategy. (9) Justify the importance of integrating both firms and functions throughout the entire supply chain. (10) Critique the following: “In the future we will see the primary battles in B2B take place as supply chain networks compete against other supply chain networks.” Is this happening today? Explain. (11) Explain the importance of achieving high levels of logistics service performance while simultaneously controlling the cost of logistics activities. Give examples, where possible. (12) Explain the role of e-marketplaces in SCM Case questions: (1) Cisco learned early on that it would not use Internet commerce applications to lessen its reliance on channel partners and resellers. Was that an appropriate decision? Who has been best served by Cisco’s strategy? How can or should Internet commerce change relationships with your partners? 8 (2) (3) (4) Session 7 Give an overview of Cisco’s supply chain management strategy gleaned from the case, from visiting their website, and from other sources. Critique the effect of CCO on Cisco’s supply chain management strategy. How could CCO be enhanced to improve Cisco’s supply chain management? Identifying and Assessing Market Opportunities (Feb. 27) Read: (1) Chapters 7, 8 (2) Lockett, Andy, and Ian Blackman, “Conducting market research using the Internet: the case of Xenon Laboratories”, Journal of Business and Industrial Marketing, 2004, 19(3), 178-187. (course CD) (3) Palmer, R.A., and P. Millier, “Segmentation: Identification, intuition, and implementation”, Industrial Marketing Management, 2004, 33 (8), 779-785. (course CD) (4) Case #10, Wind Technology (P. 617) Discussion Questions: (1) What are some methods of maximizing the value of current customers? (2) Outline the basic structure and capabilities of a customer database. (3) Describe some methods of conducting customer research. Critique them. (4) Illustrate how suppliers and customers can collaborate to find opportunities. (5 Describe various methods of segmenting business markets. Critique the methods. (6) Explain methods to evaluate the potential of market segments Case questions: (1) What key criteria should be considered in segmenting the HVPS market? (2) From the information in the case, prepare a segmentation framework, followed by a recommended targeting and positioning strategy. Justify your recommendations. (3) From the list of promotion options given on pages 621-623 (given the corporate realities of Wind Technology), what promotion strategy(ies) do you recommend to reach your selected segment(s)? Session 8 (March 6) (1) Managing Products for Business Markets (2) Managing Innovation & New Product Development (3) Managing Services for Business Markets Read: (1)Chapters 11, 12, 13 (2) Tzokas, Nickolaos, Erik Jan Hultink, and Susan Hart, “Navigating the new product development process”, Industrial Marketing Management, 2004, 33 (7), 619-626. (course CD) 9 (3) Case #14, Advanced Elastomer Systems (P. 662) Discussion Questions: (1) How can portfolio and product life cycle concepts be applied to managing existing products/services? (2) Describe and critically evaluate various methods of developing products/services internally. (3) Discuss the importance of lead users to the product/service development process. (4) Indicate what partnering with suppliers and customers means to the product/service development process. (5) What is the relationship between a firm’s core competencies and its product and service strategies? (6) What are the essentials of a sound product policy? (7) Why is a sound new product strategy important? (8) What are the criteria that distinguish high performing new/high technology companies? (9) Explain Quality Function Deployment (QFD). How is it related to new product strategy? (10) What are the key determinants of new product success and failure? Case questions: (1) Assess the market strategy options for the new soft-touch product as outlined in the case beginning on page 679. Is there a better option(s) you would recommend? (2) Choose your optimal recommended option from Q. #1 above, and give your marketing strategy for this option. (3) Does the case parallel or reinforce the theory you have read about new product strategy? Elaborate. Session 9 (March 13) Pricing Strategies in Business Markets Read: (1) Chapter 15 (2) Hinterhuber, Andreas, “Towards value-based pricing – An integrative framework for decision making”, Industrial Marketing Management, 2004, 33 (8), 765-778. (course CD) (3) Case #11, Augustine Medical, Inc. (P. 624) Discussion Questions: (1) Identify some of today’s pricing pitfalls in business marketing. (2) Explain the key interest groups in the pricing decision. (3) Discuss the effect of the following on a firm’s pricing strategies: costs, demand, competitors, channel coordination and regulations. (4) What principles of conflict management can best be utilized in price negotiation? (5) What is the relationship between economic theory and pricing? (6) What are the most important criteria the seller should consider when setting price? (7) What is the relationship between PLC and pricing? 10 (8) (9) (10) What are the most important criteria that buyers consider about price? Are there any guidelines which you would recommend following when involved in the bidding process? How does the global dimension affect pricing? Case questions: (1) How would you characterize the prevailing technologies and products for preventing and treating postoperative hypothermia? (2) What factors will influence the market potential for the Bair Hugger Patient Warming System? (3) What should be the pricing objectives and strategies for The Bair Hugger Patient Warming System? (4) What list price to hospitals should Augustine Medical set for The Bair Hugger Patient Warming System and what short-run profit impact can be expected from this decision? (5) What should be the list price for the heater/blower unit? A variety of prices are possible, ranging from nothing (“Give it away!”) to just under $1500 (to overcome hospital buying committee approval), to $4,000 to be price competitive with the Climator, to $6,000 (“Let’s skim the market given our innovative technology!”). Session 10 (March 20) (1) Integrated Marketing Communications (2) Managing the Personal Selling Function Read: (1) Chapters 16, 17 (2) Chaisrakeo, Sunanta, and Mark Speece, “Culture, intercultural communication competence, and sales negotiation: a qualitative research approach”, Journal of Business and Industrial Marketing, 2004, 19(4), 267-282. (course CD) (3) Case #14, Advanced Elastomer Systems (P. 662) (revisited) Discussion Questions: (1) What is the nature of communication and dialogue in the B2B marketplace? (2) How would communication strategy vary depending upon the application of buying theory and market position? (3) What are the key things to consider when determining the communications strategy of an industrial firm? (4) What is the role of electronic technology (e.g., Internet, Intranet, Extranet, EDI, etc.) in an industrial organization’s communication strategy? How should the marketer manage technology (e-commerce) in the communication mix/strategy? (5) Contrast the role of advertising in consumer and business organizations. Are there any guidelines to follow? (6) What are the roles of publicity and public relations in an industrial organization’s communication strategy? (7) How can business advertising effectiveness be measured? (8) Give, with justification, some media selection criteria for business 11 (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) marketing communication. What guidelines would you give to develop goals and a strategy for trade shows? Give guidelines for the utilization of one-to-one media. What is the role of personal selling in the firm’s communications mix? How does personal selling fit in with the relationship marketing paradigm? Are the two terms synonymous? What are the key points to consider when planning your salesforce? Are some criteria more important than others? Elaborate. What are the various ways of organizing your salesforce? When would you use each method? Are they mutually exclusive? Illustrate when to use different control and compensation programs. What is the impact of information technology (e.g., EDI, email, fax, Internet, Intranet, Extranet, PCS, etc.) on the personal selling function? What is “relationship quality”? What is the salesperson’s role in it? Explain “key account management/national account management”. Give examples where they would be used. Explain the different types of selling used for different types of relationships. Case question: (1) Select one of the options outlined in the case beginning on page 679 and prepare an integrated marketing communications plan for this option. Session 11 (March 27) (1) Formulating and Implementing Business Marketing Strategy (2) Controlling B2B Strategies Read: (1) Chapters 9, 18 (2) Flint, Daniel, J., “Strategic marketing in global supply chain management: Four challenges”, Industrial Marketing Management, 2004, 33(1), 45-50. (course CD) (3) Case #13, Ace Technical (P.647) Discussion Questions: (1) Describe the key elements of a business strategy. (2) Conduct a SWOT analysis of an organization with which you are familiar. (3) Analyze the structure of competition, considering Porter’s Five Forces model. (4) Give examples of the fleeting nature of competitive advantage. (5) Outline firm characteristics that should enable learning and the creation of dynamic strategies. (6) Describe the role marketing plays in creating and maintaining a learning organization. 12 (7) (8) (9) (10) (11) (12) (13) Describe the internal partnerships that must be developed with marketing. Illustrate the partnering process for various internal partnerships. List the skills that are needed by marketing managers to build internal partnerships. Describe the importance and dimensions of control systems. Explain various control tools and situations where they are best utilized. Explain tolerance ranges for marketing performance. Describe how control processes contribute to other organizational processes such as reengineering and strategic planning Case Question: (1) See the last paragraph on page 661. Session 12 (April 3) (1) Course Summary (2) Group Project Presentations 13 GROUP PROJECT PROPOSAL BUSINESS MARKETING MANAGEMENT Group Members: (give e-mail of contact person) 1. 3. 2. 4. __________ 5.___________ INDUSTRY/COMPANIES:______________________________________________________________________ __________________________________________________________________________________________ FOCUS OF STUDY:_____________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ VERIFIED SOURCES OF INFORMATION NEEDED FOR STUDY: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ APPROVED YES NO PROFESSOR’S COMMENTS: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ 14 Name: _______________________________________________Course:____________ EVALUATION OF GROUP MEMBERS’ CONTRIBUTIONS ON A SCALE OF 1 TO 10 RATE EACH MEMBER’S CONTRIBUTION TO THE GROUP PROJECT ON THE FOLLOWING CRITERIA SELF 1. Contributed a lot of creative ideas that were useful for the project 2. Provided leadership, helped the group organize, kept the group moving along on task. 3. Did a lot of the research. 4. Helped a lot with the mechanics of putting the report together. 5. Attended group meetings and those with the client firm regularly. (if applicable) NAME SUB TOTAL POINTS 6. If you were the head of a department and had $10,000 in total to distribute to your group members as a bonus for the overall quality of their contribution to the project, how much would you allocate to each? (include yourself) 15 NAME NAME NAME