7201MMG Strategic Marketing Semester 2, 2002 COURSE OUTLINE GRIFFITH UNIVERSITY GOLD COAST CAMPUS School of Marketing & Management 1.0 7201MMG Strategic Marketing Identifying Information Subject: Year of Offer: Marketing 2002 Semester of Offer: Credit point value: Program for which Course designed: 2 10.00 Postgraduate Enrolment Requirements: Nil Course Convenor Name: Office: Dr. Amos Owen THOMAS G01_2.02 (Business 1 Building) Telephone: Teaching Team: 5552 8269 Dr. Amos Owen THOMAS Lecture & tutorial details Contact hours 3 hours Grading Basis Graded Status of course within program: Core course within the Master of Marketing Management. Date of last edit: 22 July, 2002 Page 1 of 15 7201MMG Strategic Marketing Semester 2, 2002 2.0 Brief Description Strategic marketing is a critical function of corporations, seeking to define its relationship with the environment, to analyse its industry, to understand its customers and to create competitive advantage. The process involved articulates the corporation’s vision, mission, objectives, implementation plans and controls. This course will focus on marketing strategy decisions that have medium to long-term, often irreversible consequences for the corporation. 3.0 Course Aims & Objectives At the end of this course, students should be able to: 1. Conduct systematic analyses of the various external environments in which a firm operates and makes strategic decisions. 2. Identify and address internal issues such as organisational strengths, alternative strategies, business definition, corporate vision, competitive advantage, etc. 3. Understand and utilise strategic concepts and frameworks such as SWOT analysis, segmentation, portfolio analysis, scenarios, risk factors, industry structure, etc. 4. Adopt and apply an integrated approach to marketing decision-making on product, pricing, promotion and distribution in diverse complex business situations internationally. 4.0 Links With Other Courses This course serves best as a capstone for your program of advanced studies in the Master of Marketing Management. As such it will assume prior learning in consumer behaviour, market research, product decisions, promotion, distribution, international marketing and sales management. Thus you may need to review on your own some of your earlier graduate and even undergraduate courses. You are also advised to read the remaining chapters in the textbook as well as more widely in academic and business journals in order to excel in the assignments and exam required in this course. Date of last edit: 22 July, 2002 Page 2 of 15 7201MMG Strategic Marketing Semester 2, 2002 5.0 Seminar Schedule WEEK BEGINNING SEMINAR TOPICS TEXTBOOK 1 22 Jul Introduction & Overview 2 29 Jul Strategy Process Chapter 1 3 05 Aug Corporate Strategy Chapter 2 4 12Aug Environmental Analysis Chapter 3 5 19 Aug Competitive Analysis Chapter 4 6 26 Aug Buyer Behaviour Chapter 6 7. 02 Sep Differentiation & Positioning Chapter 9 8 09 Sep New Market Strategies Chapter 16 9 16 Sep Growth Market Strategies Chapter 17 10 23 Sep Mature Market Strategies Chapter 18 Mid-Semester Break 11 07 Oct Strategy Implementation Chapter 19 12 14 Oct Programme Control Chapter 20 13 21 Oct Review and Debriefing 14 28 Oct Final Exam Date of last edit: 22 July, 2002 Wk 1-14 chapters/cases Page 3 of 15 7201MMG Strategic Marketing Semester 2, 2002 6.0 Case Analysis Roster WEEK DATE CASE REPORT DISCUSSION 2 29 Jul Organisational Learning Casebook Part I 3 05 Aug Case-method Casebook Appendix B 4 12Aug ‘Calgolia Inc.’ Textbook Appendix & CD 5 19 Aug 'Navistar International' Case 6-1 ______________ ______________ ______________ ______________ & ____________ & ____________ 6 26 Aug ‘Enterprise Rent-A-Car’ Case 1-1 ______________ ______________ ______________ ______________ & ____________ & ____________ 7. 02 Sep ‘Cutco International’ Case 7-1 ______________ ______________ ______________ ______________ & ____________ & ____________ 8 09 Sep ‘Dunkin Donuts’ Case 2-1 ______________ ______________ ______________ ______________ & ____________ & ____________ 9 16 Sep ‘Alligator Records’ Case 5-1 ______________ ______________ ______________ ______________ & ____________ & ____________ 10 23 Oct ‘Rollerblade, Inc.’ Case 3-1 ______________ ______________ ______________ ______________ & ____________ & ____________ [11 07 Oct ‘Coca-Cola Japan’ Case 1-4 ______________ ______________ ______________ ______________ & ____________ & ____________] Date of last edit: 22 July, 2002 Page 4 of 15 7201MMG Strategic Marketing Semester 2, 2002 7.0 Organisation and Teaching Methods This subject is designed to occupy 10 hours per week for 14 weeks thus: Class session: seminars/workshop/case discussions Readings/case preparation/assignments 3 hours 7 hours 10 hours About half of each class session will comprise an interactive seminar which will highlight certain aspects of the topic for the week, as well as discussing end-of-chapter questions, journal articles or a video presentation (or occasionally a quiz). The other half of each class will be a workshop comprising largely an in-depth discussion of the assigned case by the whole class, led by a student team. The content of the entire class sessions is examinable and so it is in your interest of performing well to attend them regularly. Any outlines, notes or articles distributed in class may not be available on the web or from the lecturer at other times if you are not present personally in class. Be aware that absence of each class-hour takes the average student about 3-4 hours to make up that input on their own. Participation at seminars, workshops and case-discussions will be assessed and is not subject to negotiation. To perform well in this unit you need to attend the class sessions each week, read your textbook and case-book as well as more widely, and meet all deadlines and assessment criteria for assignments and tests. You may be assigned further reading, usually of current journal articles, for class during the semester. Regardless of such requirements, students are strongly advised to search for and read articles relevant to the seminar topic and the case each week. On average students ought to read at least two articles each week on their own, one from academic journals and one from business magazines. Study at graduate level is largely self-directed; therefore you need to allocate sufficient time for all this and to exercise self-discipline in time-management. Students are advised strongly to consider ahead their other commitments, such as to work, family, sports and the like, for these will not be valid grounds to appeal for assignment extensions and exam special consideration. Date of last edit: 22 July, 2002 Page 5 of 15 7201MMG Strategic Marketing Semester 2, 2002 8.0 Assessment This subject uses a variety of assessment methods, the details of which are provided below. You are expected to familiarise yourself with the requirements of each. Type No. Basis Marks Length Due Date Participation Cont. Individual 10 - Weeks 2-12 Case-Study Report 1 Individual 30 3,000 words Weeks 5-11 as per schedule Case-Study Discussion 1 Team 20 1-hour Weeks 5-11 as per schedule Final Exam 1 Individual 40 2.5 hour Week 14 Class Participation Your grade for participation will incorporate peer evaluation, moderated by the course convenor. Marks will be awarded according to the following criteria: 8-10 5-7 2-4 0-1 In every class, student makes valuable observations, demonstrates a thorough understanding of the readings and case, discovers additional readings to share with class (min. two per week), and addresses related topics, takes an active role in exercises/simulations. Student contributes regularly to the tutorial discussion and demonstrates a reasonable understanding of the readings and case, discovers some additional readings to share with class (averaging one per week), participates in exercises. Irregular participation by student at tutorial; his/her questions and answers reflect inadequate or superficial preparation, brings relevant readings to class occasionally, plays a passive role in exercises/ simulations. Little or no participation by student, and when called upon demonstrates little or no comprehension of the topic, case or readings, brings few or no relevant readings to class, does not contribute in exercises. Date of last edit: 22 July, 2002 Page 6 of 15 7201MMG Strategic Marketing Semester 2, 2002 Case-study report: Students will submit a written case-study from the schedule above, the case-analysis done in teams of two or three, and will account for 20 marks. You are to use the analysis structure suggested in the case-book and your case-analysis will be graded as a whole. You will be assessed by the lecturer on your ability to combine theory with practice, drawing on current research and quality information (duly cited) from outside of the case-book and textbook (about 6 sources, at least half of which should be from academic journals). Creativity of thought, critical analysis, innovative alternatives and effective arguments for your favoured strategy and realistic implementation plans are needed to excel in this assignment. Due date: On the weeks scheduled, at the lecturer's office no less than 1 hour before the start of the class session, i.e. 9:00am on that day. If you find you are not able to make the date you signed up for, you are responsible to make your own arrangements to swap dates with another person early, and inform the lecturer accordingly. Word limit: 3,000 words maximum for each report whether it is done individually or in pairs, and words beyond this limit will not be marked. You may use point-form judiciously. Students are required to provide a computer word-count on their cover sheet. Case-study discussion: All students will be rostered in pairs to lead the discussion on a case other than the ones he/she has been assigned to submit a written case-study report. Students should prepare Powerpoint presentations, audio-visual materials, hand-outs and exercises which would aid understanding and help generate class discussion. Students are to bring to the class articles and other information they have gathered in the course of their case analysis. Your grade for this assignment will incorporate peer evaluation, using the evaluation form provided (see appendix to this outline), and be moderated by the course convenor. Final Exam This 2.5 hour exam (excluding 10 minutes reading time) will be held during the class sessions on Week 14. The exam will cover all the stipulated readings (including the cases) and provide scope for students to apply insights from their additional readings. It will take the form of both short-answer/ definitional and essay-type/ discussion questions. 9.0 Texts and Supporting Materials You will need to purchase the following textbook and casebook which are available from the University Bookshop as a shrink-wrapped, highly-discounted package: Boyd, Harper, Orville Walker, John Mullins and Jean-Claude Larreche (2002) Marketing Management: A Strategic Decision-Making Approach (4th international edition). Boston: McGraw-Hill Irwin. Date of last edit: 22 July, 2002 Page 7 of 15 7201MMG Strategic Marketing Semester 2, 2002 Cravens, David W., Charles W. Lamb and Victoria L. Crittenden (2002) Strategic Marketing Cases (7th edition). Boston: Irwin McGraw-Hill. The assignments, class discussions and quizzes/exam are based on these latest editions of the textbook and case-book. Previous editions may not be suitable, unless you are able to gain regular access to the current edition or prepared to make copies of some of the new material, including cases and questions in it. Recommended reference books: Aaker, David A. (1998) Strategic market management (5th edition). New York: John Wiley & Sons. Brown, Linden (1998) Competitive marketing strategy (2nd edition). Melbourne: Nelson. Cateora, Philip R. and John L. Graham (1999) International marketing (international edition). Boston: Irwin McGraw-Hill. Jain, Subhash C. (2000) Marketing planning & strategy (6th edition). Cincinnati: SouthWestern College Publishing. Kerin, Roger A. and Robert A. Peterson (2001) Strategic marketing problems: cases and comments (9th edition). Upper Saddle River, NJ: Prentice Hall. Malhotra, Naresh (1999) Marketing research: an applied orientation (3rd edition).Englewood Cliffs, NJ: Prentice Hall. Rossiter, John and Larry Percy (1997) Advertising communications and promotion management (2nd edition). New York: McGraw-Hill. Schiffman, Leon, Kanuk, David Bednall and Judith Watson (1997) Consumer behaviour. Sydney: Prentice Hall. Stackhouse, Max L. et al, eds. (!995) On moral business: classical and contemporary resources for ethics in economic life. Grand Rapids, MI: Wm B. Eerdmans. Lovelock, Christopher, Paul Patterson and Rhett Walker (2001) Services marketing: an Asia-Pacific perspective. Frenchs Forrest, Australia: Prentice-Hall. Recommended academic journals: Recommended business magazines: Journal of Marketing Journal of Consumer Research Journal of Advertising Academy of Management Journal Harvard Business Review International Marketing Review Journal of International Business Studies Long-Range Planning The Bulletin The Economist Business Review Weekly Fortune Far East Economic Review Financial Review Marketing B&T Date of last edit: 22 July, 2002 Page 8 of 15 7201MMG Strategic Marketing Semester 2, 2002 10.0 Consultation If you are having any difficulties with your studies, seek assistance early; do not wait till days before assignment deadlines or tests/exams. Time will be provided during lectures/seminars for you to seek clarification, and those are the best times to do so, as often other students have the same issues on their mind and are able to have it resolved at the same time. The lecturer is available for brief informal consultations during lecture-breaks and immediately after each lecture session. In addition to class times, the lecturer may be best contacted at the following consultation hours: Monday Thursday 4:00 - 5:00pm 2:00 - 3:00pm Outside of these times you will need to make an appointment with the lecturer either by phone, email or at the class itself. The phone number is 5552-8269 which has an answering machine. Be sure to leave your message slowly and clearly, preferably stating your phone number twice. The email address is a.thomas@mailbox.gu.edu.au though this should be used primarily to arrange appointments for face-to-face discussions, nor for lengthy queries and consultations. The course convenor, Amos Owen Thomas, has been teaching marketing, management and international business in universities for 14 years, in Australia, Asia and the Pacific, as well as visiting appointments in Europe. Prior to that he worked for 12 years in business, government and non-profit organisations. 11.0 Administration 1. To be eligible to pass this course, students are required to complete all forms of assessment and must demonstrate competence in the required course objectives as examined in each form of assessment. 2. All examination papers that are failed, and will result in a fail for the course, will be cross-marked. 3. Students may work together in researching their assignments but final submissions must reflect the work and original contribution of each individual student. 4. Full and detailed acknowledgement (eg notation, and/or bibliography) must be provided if contributions are drawn from literature in preparation of reports and assignments. Your written work must properly cite/ reference original work, author(s), etc. Citation and referencing must conform to APA (American Psychological Association) format both in the body of your paper and its attached reference section. Date of last edit: 22 July, 2002 Page 9 of 15 7201MMG Strategic Marketing Semester 2, 2002 EXCERPT FROM GRIFFITH UNIVERSITY POLICY ON ACADEMIC MISCONDUCT Full details: http://www.gu.edu.au/ua/aa/ppm/tal/content/Ac_misc.html Students must conduct their studies at the University honestly, ethically and in accordance with accepted standards of academic conduct. Any form of academic conduct which is contrary to these standards is academic misconduct, for which the University may penalise a student. Specifically it is academic misconduct for a student to: • present copied, falsified or improperly obtained data as if it were the result of laboratory work, field trips or other investigatory work; • include in the student's individual work material which is the result of significant assistance from another person if that assistance was unacceptable according to the instructions or guidelines for that work; • assist another student in the presentation of that student's individual work in a way that is unacceptable according to the instructions or guidelines for that work; • cheat; (Cheating is dishonest conduct in assessment); • plagiarise; (Plagiarism is knowingly presenting the work or property of another person as if it were one's own.) Examples of plagiarism include: a. word for word copying of sentences or paragraphs from one or more sources which are the work or data of other persons (including books, articles, thesis, unpublished works, working papers, seminar and conference papers, internal reports, lecture notes or tapes) without clearly identifying their origin by appropriate referencing; [any word for word copying must be shown as a direct quotation within quotation marks followed by appropriate referencing.] b. closely para-phrasing sentences or paragraphs from one or more sources without appropriate acknowledgment in the form of a reference to the original work or works; c. using another person's ideas, work or research data without appropriate acknowledgment; d. submitting work which has been produced by someone else on the student's behalf as if it were the work of the student; e. copying computer files in whole or in part without indicating their origin; Date of last edit: 22 July, 2002 Page 10 of 15 7201MMG Strategic Marketing Semester 2, 2002 f. submitting work which has been wholly or partially derived from another student's work by a process of mechanical transformation. For example, changing variable names in computer programs. Penalties On determination that academic misconduct has taken place, the penalty which may be imposed on the student is one or more of the following: a. a reduced or nil result for the assessment item affected by the academic misconduct; b. a fail grade for the course in which academic misconduct occurred; c. exclusion from enrolment in the program for a specified period; d. exclusion from the program; readmission to the program is at the discretion of the Dean based on consideration of the student's case for readmission. Where a student has been found guilty of academic misconduct on more than one occasion and has previously been penalised as set out in above a. - c., the penalty shall normally be exclusion from the program 5. All assignments submitted for marking must be word processed or typed. 6. Students must be able to produce a copy of all work submitted if so requested. 7. Submission Deadlines and Extensions Submission deadlines will be strictly enforced. Assessment items must be received by the Convenor (or submitted in the appropriate assignment box) by the due date and time. Extensions will only be granted on medical or compassionate grounds and will not be granted because of work or other commitments. A request for extension must be made in writing to the unit coordinator and must be approved by the coordinator prior to the submission deadline / due date and time of the assessment item. Requests outside the above guidelines will not be granted. Extensions may only be granted for periods of five (5) days at a time. Any request for additional time will require another written request and approval for an extension. This policy has been established to ensure fairness to those who complete their work on time, yet accommodate the rare occasion when an extension of time may be appropriate. An assessment item submitted after the due date, without an approved extension, will be penalised. The penalty is the reduction of the mark allocated to the assessment item by 20% of the maximum mark applicable for the assessment item, for each day or part day that the item is late. Weekends count as one day in determining the penalty. Assessment items submitted more than five days after the due date are awarded zero marks. Date of last edit: 22 July, 2002 Page 11 of 15 7201MMG Strategic Marketing Semester 2, 2002 Assignment submission outside advertised date/time must be submitted to the LATE ASSIGNMENT box located adjacent to the School of Marketing and Management reception in GO1 (Business 1 Building), level 2 foyer. Under no circumstances should assignments be placed under doors or in mailboxes unless prior arrangements have been made with your course convenor. 8. Assignments must be submitted with the following information clearly displayed on the cover: • Student name • Student number • Course code and course name • Course Convenor’s name • Assignment due date and time • Tutor’s name • Tutorial day and time Assignments submitted without this information may not be assessed. 9. Students are expected to spend time outside formal teaching sessions developing their skills and knowledge. 10. Assignments received by fax or email will not be accepted. 11. Where appropriate, enrolment in this course is undertaken on the basis that prior assumed knowledge has been gained by the attainment of a grade of “P” (pass) or better in prerequisite course/s. Failure to adhere to this recommendation may result in students experiencing difficulty with the course and not being able to successfully complete it. Additional support or special assistance cannot be expected or requested if students have not completed the recommended prerequisite course/s. 12. Grades are awarded by the Faculty of Commerce and Management, not by your course convenor. Cut-off marks for the various grades in this course as listed below, are determined by the Faculty at the conclusion of the semester. The following range of grades apply to this course: High Distinction (HD) Exceptional performance indicating complete and comprehensive understanding of the course matter; genuine mastery of relevant skills; demonstration of an extremely high level of interpretative and analytical ability and intellectual initiative; and achievement of all major and minor objectives of the course. Distinction (D) Excellent performance indicating a very high level of understanding of the course matter;development of relevant skills to a very high level; demonstration of a very high level of interpretive and analytical ability and intellectual initiative; and achievement of all major and minor objectives of the course. Date of last edit: 22 July, 2002 Page 12 of 15 7201MMG Strategic Marketing Semester 2, 2002 Credit (C) Good performance indicating a high level of understanding of course matter; development of relevant skills to a high level; demonstration of a high level of interpretive and analytical ability and achievement of all major objectives of the course; some minor objectives not fully achieved. Pass (P) Satisfactory performance indicating an adequate understanding of most of the basic course matter; partial development of relevant skills; adequate interpretive and analytical ability and achievement of all major objectives of the course; failure to achieve some minor objectives. Fail (F) Unsatisfactory performance indicating an inadequate understanding of the basic course matter; failure to develop relevant skills; insufficient evidence of interpretive and analytical ability; and failure to achieve major and minor objectives of the course. Other grades which may be awarded are: Fail, No Submission (FNS) Did not present any work for assessment, to be counted as failure Withdrawal with failure (WF) Cancelled enrolment in the course after the final date for withdrawal without failure 13. Students who wish to lodge a grievance about the course or appeal their mark for a specific item of assessment are advised to follow the process outlined below: (1) discuss the matter with the course convenor (2) if agreement can not be reached between the student and the course convenor, the student is required to submit a written appeal to the course convenor. The course convenor will appoint a suitably qualified third party to review the appeal (this third party may be a tutor within the course or some other member of academic staff with expertise in the course/ assessment area). (3) if the student wishes to further appeal the outcome of the review of the third party, the student is required to submit a written appeal to the Head of the School of Marketing & Management. The decision of the Head of School is final. Date of last edit: 22 July, 2002 Page 13 of 15 7201MMG Strategic Marketing Semester 2, 2002 __________________________________________________________________________ CASE-REPORT EVALUATION Case: Student: __________________________________________________________________________ Poor Fair Good Excl 1. Evidence of thorough research and wide sources ---------------------------------- 2. Survey of key issues and challenges ---------------------------------- 3. Incorporation of theory and concepts ---------------------------------- 4. Critical analysis and insightful interpretation ---------------------------------- 5. Clarity of thought and well-argued application ---------------------------------- 6. Creative thinking and innovative solutions ---------------------------------- 7. Anticipation of questions and likely objections ---------------------------------- 8. Structure, layout and attention to detail ---------------------------------- 9. Expression, spelling and grammar ---------------------------------- 10. Logical conclusions and recommendations ---------------------------------- Further comments/suggestions: ________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ Grade: ____ /30 marks Date of last edit: 22 July, 2002 Page 14 of 15 7201MMG Strategic Marketing Semester 2, 2002 __________________________________________________________________________ CASE-DISCUSSION EVALUATION Case: Team: __________________________________________________________________________ Poor Fair Good Excl 1. Maintenance of audience attention and interest ---------------------------------- 2. Rapport and eye-contact with audience ---------------------------------- 3. Oral content and structure of presentation ---------------------------------- 4. Posture, tone, clarity and gestures ---------------------------------- 5. Use of audio-visual presentation technology ---------------------------------- 6. Hand-outs, visual aids, samples, etc. ---------------------------------- 7. Fostering audience involvement and interaction ---------------------------------- 8. Stimulation of debate via questions, exercises ---------------------------------- 9. Handling of questions and summing up of outcomes ---------------------------------- 10. Smooth progression, pacing and conclusion on time ---------------------------------- Further comments/suggestions: ________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ __________________________________________________________________________ Grade: ____ /20 marks Date of last edit: 22 July, 2002 Page 15 of 15