BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION ( BSBA- MARKETING) Course Plan Principles of Marketing [MKT 201] Dr. Mohammad Rishad Faridi January 2016 DEPARTMENT OF MARKETING COLLEGE OF BUSINESS ADMINISTRATION PRINCE SATTAM BIN ABDUL AZIZ UNIVERSITY AL KHARJ Course Plan Programme BSBA in Marketing Course Code MKT 201 Course Title Principles of Marketing Year II Semester IV Learning Outcomes At the end of the course, the students should be able to Describe the principles, concepts and fundamentals of marketing Analyze marketing environment, marketing mix, marketing strategies, marketing plans & consumer behavior Employ various functions of marketing towards achieving organizational and national goals. Able to use knowledge of marketing activities in business & nonprofit organization in local & global context Required Text: A. Philip Kotler, Gary Armstrong, Ahmed Tolba & Anwar Habib (2011) ‘Principles of Marketing’ Arab World Edition, Pearson International Edition, 1e Suggested Readings: B. Cannon, Perreault, McCarthy, Sixteenth Edition (2008), ‘Basic Marketing’, McGraw Hill International Edition C. Grewal, Levy (2008) ‘Marketing’ Mc Graw-Hill International Edition D. Philip Kotler (2000) ‘Marketing Management Millennium Edition’ Prentice-Hall Inc., 10e. 2 \ Session Concept / Topic to Teach Session Objectives Resources Week I 17/01 Introduction: myself / students/ course/ teaching pedagogy Introduction, Importance and Evolution of Marketing Marketing Definition including some core concepts as social & managerial processes Customer needs, wants, demand, satisfaction, exchange, Product & Value Marketing Management To have mutual understanding of teacher and students and give overview about the course contents To introduce the basics of marketing. To explain the evolution of marketing To define marketing and the core concepts of marketing Syllabus Course Plan PPT’s Ref A: Chapt-1 To understand the technical meaning of basic marketing variables PPT’s Ref A: Chapt-1 Page 6-10 1 2 Week II 24/01 3 4 Week III 31/01 5 Marketing Mix To Define & understand various kinds of demand & demand management, product. To discuss the elements of marketing mix Various Activities of marketing at local & international level including defining mission, objectives and goals & SWOT Analysis To understand how the mission statements, goals and objectives are formulated and analysis of strengths, weaknesses, opportunities & threats are done Resource Allocation to SBU’s To know how resource allocation takes place with help of BCG Matrix & General Electric Model Remarks Page 1-13 PPT’s Ref A: Chapt-1 Page: 4-6 PPT’s Ref A: Chapt-2 Page 52-53 PPT’s Ref A: Chapt-2 Page 38-43 3 6 Growth Strategies & Marketing Plan Mini Project Briefing Week IV 7/02 7 8 Week V 14/02 9 10 Week VI 21/02 To introduce to growth strategies like Intensive, Integrative & Diversification Growth Strategies. Nature and contents of a Marketing Plan PPT’s Ref A: Chapt-2 Page 43-46 & 55 Appendix 1, A1-A10 To let know the importance and stages involved in preparation and submission of the mini project reports. Marketing Environment, Micro Environment of Marketing To explain in detail the micro environment factors influencing marketing PPT’s Ref A: Chapt-3 Page 66-71 Macro Environment of Marketing To explain in detail the macro environment factors influencing marketing PPT’s Ref A: Chapt-3 Page 71-88 Consumer Behavior To teach the Definition and importance of consumer behavior Factors Effecting Consumer Behavior To let know about the factors influencing the consumer behavior PPT’s Ref A: chapt-5 Page 125140 Consumer Buying Decision Process To let know about the steps involved in consumer buying decision process. Business Buying Decision Process Market Segmentation To teach about the stages involved in B2B buying decision process. To explain what is market segmentation and its importance in marketing PPT’s Ref A: chapt-5 Page 141143 PPT’s Ref A: chapt-6 Page 152170 PPT’s Ref A: Chapt-7 Quiz 1 10 Feb Wednesday (Chapter-1 & 2) 12.30-12.50 pm Assignment 1 due. 4 11 Page 178186 12 Bases for Segmentation To explain the bases for segmentation. Week VII 28/02 Mini Project review with students To determine the progress made by students with regard to mini project and give appropriate suggestions for improvement 13 Target Market Selection Process 14 Week VIII 6/03 Product positioning & Types of Positioning Positioning errors To recognize positioning errors in terms of Over, under, doubtful & confused positioning errors Product Differentiation Able to define Product Differentiation and differentiate on the bases of product and services characteristics Product Differentiation Should be able to differentiate the product on the bases of Personnel, 15 16 To explain how companies identify attractive market segments and choose a market targeting strategy To know the meaning and types of positioning like Benefit, use, user, quality, price positioning etc PPT’s Ref A: Chapt-7 Page 178186 PPT’s Ref A: Chapt-7 Page 186191 PPT’s Ref A: Chapt-7 Page 50 & 192-194 Mid Term examination 1 9 March Wednesday (Chapter-1 ,2,3 & 4) Time: 3.00-4.00 pm PPT’s Ref A: Chapt-7 Page 192195 PPT’s Ref A: Chapt-7 5 Channel & Image Page 193195 To review the level of student understanding on the subject taught from session 2 to 10. (Chap-1,2,3 & 4) Week IX 20/03 Product decisions To define product and the major classifications of products and services PPT’s Ref A: Chapt-8 Page 202209 Product line & product mix To describe the decisions companies make regarding their products/services, product lines and product mixes PPT’s Ref A: Chapt-8 Page 213215 Mini Project – review with students Review the progress made by students in their mini project. 17 18 Week X 27/03 19 20 To evaluate the level of understanding of the students on topics taught from session 11 to 16. (Chap-5 & 6) Quiz Sheets Branding & Packaging To discuss branding strategy- the decisions companies make in building and managing their brands. Packaging & labeling PPT’s Ref A: Chapt-8 Page 211213 New Product Development To explain how companies find and develop new-product ideas PPT’s Ref A: Chapt-9 Page 240- Quiz 2 23 March Wednesday (Chapter-5 & 6) Time: 12.3012.50 pm & Assignment 2 Due 6 Week XI 3/04 Product life cycle & strategies 21 22 Week XII Pricing Strategies Marketing Channels 10/04 23 To list and define the steps in the new product development process To describe the product life cycle and how marketing strategies change during the product’s life cycle To explain the various types of prices and factors influencing the pricing decisions To explain the importance of marketing channels and their functions 24 Week XIII 17/04 25 Channel design decisions To explain how companies select, motivate Channel Evaluation Evaluate channel members Promotional Mix To explain the various elements of promotional mix Integrated Marketing Communication To explain the importance and need for integrated marketing communications 250 PPT’s Ref A: Chapt-9 Page 253258 PPT’s(Chap11) Ref A: Chapt-10 Page 267276 Assignment No.3 due PPT’s Ref A: Chapt-142 Page 400435 PPT’s(Chap11) & Hand Out Ref A: Chapt-14 Page 411415 Mid Term-2 Examination 13 April Wednesday (Chap-7,8,9 &10) Time: 3.00-4.00 pm PPT’s(Chap 11) Ref A: Chapt-11 Page 300306 7 26 Week XIV 24/04 27 28 The communication process To outline the steps in developing effective marketing communications PPT’s(Chap11) Ref A: Chapt-11 Page 300306 Assignment No. 4 due Global Marketing Implementation & Control marketing activities To explain global marketing mix PPT’s(Chap 16) Ref A: Chapt-16 Submission of Mini Project Sustainable marketing, social responsibility (consumerism, environmentalism) and ethics Week XV 01/5 29 Review of Chapters 1 to 6 To define sustainable marketing, its importance and the role of social responsibility and ethics in marketing To review the level of student understanding on the subject taught from session 23 to 28. (Chap-11 &12) Page 466489 PPT’s(Chap 16) Ref A: Chapt-17 Page 496498,506512 & 517519. Quiz 3 04 May, Wednesday (Chap-11&12) 12.30-12.50 pm Presentation 30 Review of Chapters 7 to 12 Students to give presentation of the mini project submitted Presentation Week XIV Final Examination To review and grade the understanding of the students for the entire course. 8 Glossary:G1 to G11 is available in bilingual language in the text book(Arabic & English)Providing translation of key terms found in each chapter. 9