University of North Carolina at Greensboro Bryan School of Business and Economics MBA 706-51: Marketing Management Spring 2011 This syllabus is subject to change as the semester progresses to accommodate instructional and/or student needs. Instructor: Nir Kshetri, Ph D Graduate Assistant: TBA Class Time: THU 2:00- 4:45 PM Phone: 334-4530 (O), 209-2697 (Cell) Fax: 334-5580 Email: nbkshetr@uncg.edu Office hours: WED 2-3 PM Classroom: BRYAN 205 Office location: 368 BRYAN Required Text Marketing: An Introduction, 10/E Gary Armstrong Philip Kotler ISBN-10: 0136102433 ISBN-13: 9780136102434 Publisher: Prentice Hall Copyright: 2011 Format: Paper; 648 pp Published: 01/11/2010 1 Prerequisites/Co-requisites: None Catalog Description: Issues related to the marketing process, major trends and forces that are changing the marketing landscape, marketing information, building and managing brands, marketing strategy and roles of ethics in marketing. Student Learning Outcomes: At the completion of the course, students will be able to: 1) 2) 3) 4) 5) 6) Demonstrate an understanding of marketing and the marketing process. Identify the major trends and forces that are changing the marketing landscape. Locate, interpret, and evaluate marketing information for decision making. Evaluate the obstacles and challenges in building and managing brands Analyze the changes in marketing strategies during the product’s life cycle. Evaluate the internal and external forces that influence an organization’s marketing strategy. 7) Assess the attractiveness of a market segment. 8) Evaluate the roles of ethics in marketing activities. 9) Apply the tools and concepts learnt in the course to develop a customer-driven marketing strategy and mix. Teaching Methods and Assignments for Achieving Learning Outcomes: The course will be organized around short lectures, case analyses, in-class and online discussions and case and paper presentations. Topics covered include: Marketing: Creating and Capturing Customer Value Company and Marketing Strategy: Partnering to Build Customer Relationships Analyzing the Marketing Environment Managing Marketing Information Conducting Marketing Research Customer-Driven Marketing Strategy: Creating Value for Target Customers Products and Services Brands 2 New-Product Development and Life-Cycle Strategies Pricing Marketing Channels, Retailing and Wholesaling Communicating Customer Value Direct Marketing E-commerce Global Marketing Marketing Ethics and Social Responsibility Evaluation and Grading Policy Online Participation and Contribution (200 points) Blackboard is an important component of this course. You are expected to login regularly, read other course participants’ posts and post to the discussion topics (at least ten posts are required). The purpose of online discussions is to supplement the materials covered in class. Your postings enhance and enrich not only your own learning but also that of your fellow course participants. Please feel free to post anything that contributes to our learning of marketing. Your posts are evaluated in terms of the following criteria: a) Have you connected your discussion with materials from your textbook or those discussed in the class? b) Have you done additional research and included source(s) of your information? c) Have you related some of your posts with current business related events? d) Are your postings regularly throughout the semester? e) Have you read other course participants’ posts? f) Are your posts sufficiently long (at least two paragraphs)? The last day for posting on the discussion board is April 26, 2011. Please copy all of your posts in ONE word document and email me by this date. Make sure that each of your posts has the date you posted on the blackboard. Physical Attendance, Participation and Contribution (100 points) I will take attendance at every class session. If you miss a class, it is your responsibility to check with another student to find out if any changes were made and to be prepared for such items when you return to the next class. You should complete all reading assignments and be prepared to discuss those assignments. It is important that you participate in class discussions. However, please note that quality, not quantity, is important in the discussion. 3 In addition, the following factors will also be considered: Courtesy (cell phones/pagers off; absence of extensive side conversations) Attentiveness (focus directed to the presenter, not distracting others) Asking questions to groups presenting the cases Providing comments and critiquing reading materials and cases. Inclement Weather Policy: If we experience snow, sleet, etc., we will follow the University’s decision as to holding class. Use your good judgment in such cases. If you do not feel you can safely make it to class, do not come. Exam 1 (100 points) More details will be available on the Blackboard. Exam 2 (100 points) More details will be available on the Blackboard. Exam 3 (200 points) More details will be available on the Blackboard. Individual assignment: 150 points In this assignment, you are required to prepare a report which analyzes how social media have changed the way organizations conduct marketing research. More details will be available on the Blackboard. Group Case Analysis and Presentation*: 150 point Working in a group, you are required to analyze and present a case. Each group may plan on spending up to 15-20 minutes for presentation, followed by a 5-10 minute question and answer period. You will also submit a written analysis of the case to the instructor on the day of your presentation (4-6-page double spaced). While there is no one “correct” approach to organizing a written case analysis and presentation, I expect you to adhere to the guidelines suggested in Roger A. Kerin, and R. A. Peterson’s (2004), Strategic Marketing Problems: Cases and Comments (see pp. 60-61). 4 I expect that each member of the class will prepare adequately to participate in the case discussions. A tentative list of cases for group presentations is provided in the COURSE SCHEDULE. Cases and presentation dates are assigned to you on first-come first-served basis. *Each group member is also required to submit the “Peer evaluation form” no later than the last day of the class. Grading Scale: Points possible for the various evaluation components are summarized below: Component Online Attendance, Participation and Contribution Physical Attendance, Participation and Contribution Exam 1 Exam 2 Exam 3 Individual assignment Group Case Analysis and Presentation Total Points possible 200 100 100 100 200 150 150 1,000 Scoring System for the Final Grade The following scoring system will be used for the final grade. Score 930 - 1000 890 – 929 850 – 889 Grade A/A+ AB+ Score 810 – 849 760 – 809 710 – 759 Grade B BC+ Score 670 – 709 0 – 669 Grade C F Tentative Course Schedule Week 1 (13Jan) Detail Course Overview Marketing: Creating and Capturing Customer Value Company and Marketing Strategy: Partnering to Build Customer Relationships 5 Remarks Chapters 1-2 This week’s class will be online Marketing: Creating and Capturing Customer Value Company and Marketing Strategy: Partnering to Build Customer Relationships Case assignment/group formation Analyzing the Marketing Environment Chapters 1-2 4 (3Feb) Managing Marketing Information to Gain Customer Insights Chapter 4 5(10Feb) Understanding Consumer and Business Buyer Behavior Customer-Driven Marketing Strategy: Creating Value for Target Customers Chapters 5-6 6 (17Feb) Products, Services, and Brands: Building Customer Value Developing New Products and Managing the Product Life-Cycle Chapters 7-8 See the list of cases and articles assigned for this week. Exam 2 online 7 (24Feb) Chapter 9 8 (17Mar) Marketing Channels: Delivering Customer Value Chapter 10 See the list of cases and articles assigned for this week. 9 (24Mar) Retailing and Wholesaling Chapter 11 See the list of cases and articles assigned for this week. 10 (31Mar) Communicating Customer Value: Advertising and Public Relations/ Personal Selling and Sales Promotion Chapters 12-13 See the list of cases and articles assigned for this week. 11 (7Apr) Direct and Online Marketing: Building Direct Customer Relationships 12 (14Apr) The Global Marketplace Chapter 14 See the list of cases and articles assigned for this week. Chapter 15 See the list of cases and articles assigned for this week. 13(21Apr) Sustainable Marketing: Social Responsibility and Ethics 14 (28Apr) Social media and marketing 2 (20Jan) 3 (27Jan) Pricing: Understanding and Capturing Customer Value 6 Chapter 3 See the list of cases and articles assigned for this week. Exam 1 online Chapter 16 See the list of cases and articles assigned for this week. See the list of cases and articles assigned for this week. Individual assignment due this week Exam 3 online This class will start at 3:30 p.m. List of Cases and Articles 1. The Development of Market Orientation: A Consideration of Institutional Influence in China (week 3) 2. The Evolution of the Chinese Online Gaming Industry (week 6) 3. BYD: A Chinese success story (week 6) 4. Cloud Computing in Developing Economies (week 6) 5. Sources of Cross-national Heterogeneity in E-retail Spending: Evidence from CountryLevel Data (week 8) 6. Drivers of the Development of the Retail Industry (week 9) 7. The economics of click fraud (week 10) 8. Drivers of Advertising Spending: Evidence from Cross-Country Analysis (week 10) 9. Barriers to Branding for Developing World-Based Firms and Some Mechanisms to Overcome Them: A Conceptual Framework (week 11) 10. Barriers to E-Commerce and Competitive Business Models in Developing Countries: A Case Study (week 11) 11. Teleradiology Solutions’ offshore radiology services (week 11) 12. Normative and Cognitive Institutions Affecting a Firm's E-Commerce Adoption (week 12) 13. Kaspersky Lab: From Russia with Anti-virus (week 12) 14. Sustainability Entrepreneurship and Global Competitiveness in the Clean Technology Industry: A Framework and a Case Study (week 13) 15. The Economics of Social Media and Virtual Community (week 14) 16. Privacy and Security Aspects of Social Media: Institutional and Technological Environment (week 14) Academic Integrity Policy: Students are expected to adhere to the Academic Integrity Policy on all assignments and tests. The syllabus will provide a link to the complete description of the Academic 7 Integrity Policy as found in the UNCG Graduate Bulletin. http://academicintegrity.uncg.edu/complete/ Attendance Policy: Participation points are given to each class for attendance. To earn these points, you must be in attendance when role is taken and stay for the entire period. Students who miss class are expected to get the notes from missed lectures from their classmates, and to request missed class handouts from the instructor. Final Examination: There will be no final proctored examination. Additional Requirements: Late Work Penalty Assignments may not be submitted late. Exceptions will be granted only in rare circumstances and be evaluated on a case-by-case basis. Expectations of Students Students in the Bryan School are also expected to adhere to the Student Code of Conduct. Further details may be found at http://academicintegrity.uncg.edu/complete/ and http://studentconduct.uncg.edu/policy/code/. The Bryan School has additional expectations and guidelines for students to follow which can be found at http://www.uncg.edu/bae/faculty_student_guidelines.pdf. Expectations of Faculty The Bryan School expects its faculty to conform to all existing UNCG codes and policies. These are found at http://provost.uncg.edu/faculty/h_section4.asp In addition, the Bryan School has expectations and guidelines for faculty to follow which can be found at http://www.uncg.edu/bae/faculty_student_guidelines.pdf. 8 Instructor Information Nir Kshetri is Associate Professor at Bryan School of Business and Economics, The University of North Carolina-Greensboro. Nir holds a Ph D in Business Administration from University of Rhode Island; an M.B.A. from Banaras Hindu University (India); and an M. Sc. (Mathematics) and an M. A. (Economics) from Tribhuvan University (Nepal). His undergraduate degrees are in Civil Engineering and Mathematics/Physics from Tribhuvan University. Nir is a research fellow at Research Institute for Economics & Business Administration Kobe University, Japan; and visiting professor at Bad Mergentheim Business School, BadenWuerttemberg, Germany as well as Transatlantik-Institut, Fachhochschule Ludwigshafen am Rhein, Germany. Nir’s previously held positions include faculty member at Management School, Kathmandu University (Nepal), visiting lecturer at Management School, Lancaster University (U.K.) and visiting professor at European Business School in Paris, France. During 1997-99, Nir was a consultant and a trainer for the Food and Agricultural Organization (FAO) of the United Nations, German Technical Cooperation (GTZ) and Agricultural Development Bank of Nepal. Nir is an Advisory Council member of the Pacific Telecommunications Council (20112015). He is a faculty senate member and have headed and served on a number of committees in University of North Carolina—Greensboro. He also served as a Board Member of the Communities in Schools of Greater Greensboro (2004-2007) and on International Business Advisory Board, University of Minho, Braga, Portugal (2009). In 2010, Nir served as a jurist on the Intelligent Community Forum. Nir’s book Global Entrepreneurship: Environment and Strategy (Routledge: New York) is forthcoming. He is also the author of The Global Cyber-crime Industry: Economic, Institutional and Strategic Perspectives (Springer-Verlag: Berlin, Heidelberg, New York, 2010) (http://www.springer.com/business/media+management/book/978-3-642-11521-9) and The Rapidly Transforming Chinese High Technology Industry and Market: Institutions, Ingredients, Mechanisms and Modus Operandi (Caas Business School, City of London and Chandos Publishing: Oxford, 2008) (http://www.amazon.com/Rapidly-Transforming-Chinese-HighTechnology-Industry/dp/1843344645/ref=sr_1_1?ie=UTF8&s=books&qid=1218228152&sr=8-1 ). Nir’s works have also been published in journals such as Foreign Policy, European Journal of Marketing, Journal of International Marketing, Third World Quarterly, Asia Pacific Journal of Marketing and Logistics, Journal of International Management, Communications of the ACM, IEEE Computer, IEEE Security and Privacy, IEEE Software, Electronic Markets, Small Business Economics, Thunderbird International Business Review, Journal of International Entrepreneurship, Electronic Commerce Research and Applications, Baltic Journal of Management, IT Professional, Journal of Health Organization and Management, Journal of Developmental Entrepreneurship, International Journal of Health Care Quality Assurance, Journal of Electronic Commerce Research, Journal of Computer Information Systems, Journal of Technology Management in China, First Monday, Pacific Telecommunications Review, Journal of Interdisciplinary Mathematics, Journal of Asia Pacific Business and International Journal of Cases on Electronic Commerce. He has also contributed chapters to several books including Outsourcing and Offshoring (Cambridge University Press, New York, 2010), Handbook of Technology Management (Wiley, 2010), In the wave of M&A: Europe and Japan (Kobe University, RIEB Center, Kobe, Japan, 2007), M-commerce in North America, Europe and Asia-Pacific: Country Perspectives (Idea Group Publishing, 2006), Encyclopedia of Information Science and Technology (Idea Group Publishing, 2005), Indian Telecom Industry Trends and Cases (The ICFAI University Press, 2005), The Internet Encyclopedia (John Wiley 9 & Sons, 2004); Wireless Communications and Mobile Commerce (Idea Group Publishing, 2003); The Digital Challenges: Information Technology in the Development Context (Ashgate Publishing, 2003); Architectural Issues of Web-enabled Electronic Business (Idea Group Publishing, 2003), Internet Marketing (2nd edition, Stuttgart, Germany: Schaeffer-Poeschel, 2001). Nir has presented over 100 research papers at various national and international conferences held in Canada, China, Colombia, Czech Republic, Denmark, Dominican Republic, Greece, India, Italy, Japan, Nepal, New Zealand, Portugal, South Africa, South Korea, Sweden, Switzerland, Thailand, the Philippines, the U.S., Tunisia and Turkey. In December 2010, he was invited to speak at the United Nations’ ITU-T (International Telecommunication Union) Workshop on "Addressing security challenges on a global scale" in Geneva, Switzerland. He has given invited talks at Harvard University, Cornell University, Duke University, Kobe University, University of Maryland (College Park), University of Pretoria and Temple University. In September 2010, Nir was a featured speaker at the Jamestown Business Association meeting. He has also been invited for keynote talks and webinars by businesses. In 2008, the Kauffman Foundation awarded him a grant to study Entrepreneurial Firms in OECD Economies. Nir received Emerald Literati Network 2010 Award for Excellence for the article, "The evolution of the Chinese online gaming industry," published in the Journal of Technology Management in China. Nir was the winner of the 2008 Bryan School Teaching Excellence Award. He was also a finalist in the 2009 UNCG Alumni Teaching Excellence Award. Nir is also a two time winner of the Pacific Telecommunication Council’s Meheroo Jussawalla Research Paper Prize (2010 and 2008) and a finalist in the Management and Organization Review (MOR) Best Paper Award in the China Goes Global Conference organized by the Harvard University (October, 2008). Nir was also the runner up in the 2004 dissertation competition of the American Marketing Association's Technology and Innovations Special Interest Group and the winner of the 2001 Association of Consumer Research/Sheth Foundation dissertation award. He also won the first place in the Pacific Telecommunication Council’s Essay competition in 2001 and second place in the same competition in 2000. In May, 2006, the Information Resources Management Association (IRMA) presented Nir with the Organization Service Award for the Best Track Chair in the IRMA 2006 International Conference. Nir ranks 13th among the most popular authors of the NetAcademy Universe. Nir’s works have been featured in Foreign Policy’s Global Newsstand section (a publication of the Carnegie Endowment for International Peace), East-West Center News and in Providence Journal. He was pictured in the front page of Jamestown News on October 6, 2010. He was also pictured in the front page of Global Perspective, a publication of the Fox School’s Temple CIBER and Institute of Global Management Studies (Fall 2004). Nir has been quoted in magazines and newspapers such as Telecommunications, The Business Journal of the Greater Triad Area, Jamestown News, Greensboro News and Record, Jamestown News and High Point Enterprise. 10