BUS 209 Principles of Marketing Fall 2014 Th 9:00 - 11:50 a.m. Classroom: 309 BASIC INFORMATION Professor: Dr. Hurrem Yilmaz, Telephone: Office: 211-6666 ext. 7442, Marketing Department: 211-6666 ext.6757 Email: hurrem.yilmaz@zirve.edu.tr Office Hours: Friday 1:00 - 3:00 pm, and by appointment Please note: 1. All e-mails (from me and from you) will use Zirve University e-mail addresses. 2. You must include BUS 209 (or just 209) in the subject line of your e-mails to me. Emails not properly identified may be deleted without being opened. 3. The best way to reach me is by E-mail COURSE DESCRIPTION This course is an introduction to the practice of marketing. The course is organized around the four elements of marketing: Product Policy, Pricing, Channels of Distribution, and Marketing Communications. COURSE OBJECTIVE Upon successful completion of the course, the student should be able to: Understand the role of marketing in profit and not-for-profit organizations and its importance for individuals within a society. Understand the marketing process well enough to identify, in detail, the elements and relationships of marketing decisions, marketing research, marketing targets, consumer behavior, product strategy, channels of distribution, promotion, and pricing. In order to accomplish this goal, the course has numerous real-world examples and emphasizes correct use of vocabulary and terms related to concepts and principles. Define the elements that make up the marketing environment and explain how they apply to practical examples. 1 Understand how organizations develop and maintain long-term partnering relationships through focusing on quality initiatives, ethical behavior and social responsibility. Plan and implement specific marketing mix strategies (product, price, promotion and distribution) for specific target markets through experiential exercises. Understand the opportunities and strategies involved in global marketing. Learn how marketing interfaces with the internal and external environments of organizations. Improve analysis, organization, presentation and written skills. TEXTBOOK MARKETING The Core, Kerin, Hartley, and Rudelius, McGraw-Hill / Irwin CLASS FORMAT Classes may involve lectures, videos, small group exercises and discussions. The class discussion and lecture will focus on the marketing concepts and applications of them. I welcome your questions and comments at any time, especially via e-mail. I will always try to answer your e-mail on the day I receive it. I am also glad to meet with you during my office hours or by appointment, so please don’t hesitate to contact me if you have any questions about the course. There are likely to be times when the course becomes difficult. It is the student’s responsibility to inform the instructor so that help may be given. The student should be aware that help is likely to be given in the form of direction rather than sorting out the solutions. GRADES Course grades will be determined by your performance on examinations, group project, project presentation, peer evaluation, class participation and homework. The weight given to each of the above is given below. Class Participation and attendance Exam #1 Exam #2 Assignments (total of five, 8% each) Peer Evaluation TOTAL BONUS: Best Project and Presentation 10 % 20 % 25 40 % 5% 100 % 5% Grading policy: A 95% and above A- 90-94% B+ 85-89% B 80-84% B-75-79% C+ 70-74% C 65-69% C- 60-64% D+ 55-59%% D 50-54% F Below 49 % 2 ASSIGNMENTS The objective of the assignments is to provide you with hands on experience in applying the concepts and methods of marketing to a real marketing problem. These assignments will focus on your understanding of various marketing issues, strategies, trends, etc. Be creative, yet thorough. Have fun, but make sure your understanding of marketing shines through. Be sure to present your assignment in a professional manner in a FOLDER (so the pages don't get lost). This is a GROUP assignment. You are to complete specific exercises related to the chapters we cover this semester. Assignments will be graded on the basis of the timely completion of assignments, your understanding of the topic, and thoroughness of your answer, the creativity of it, and your analytical and writing abilities. All elements of the assignment must be typed. More details of this assignment will be given later in class. It will be worth 40 % of your grade. Late assignments will NOT be accepted. TEAM and PRESENTATION How many members to a team? Maximum of 3 (three). The instructor will assign those without a team. You may choose to do the assignments alone if you wish but this is not a wise decision as they are very time consuming for one person. When selecting your team members, pay special attention to your class and work timings to prevent future conflicts in scheduling team meetings. Toward the end of the semester, team members will be evaluated by one another for cooperation, contribution, and responsibility. Team members can be fired as a result of group decision. In that case, fired member(s) should start and finish ALL the assignments individually. All work should represent a level of grammar, spelling, and punctuation that is indicative of a college student. The groups will present two of the assignments to the class throughout the semester and the class will evaluate the quality of both the presentation and the assignment. Presentation should be in PowerPoint format and take not more15 minutes. Criteria for the Evaluation of the Presentation: Content: Introduces the general topic and discusses the key issues or concepts Thoroughly supports and explains the thesis. Offers powerful or resonating closure Style: Was the presentation interesting? Engaging? Confidence of the speakers - relaxed. Were the visuals presented clearly? 3 CLASS PARTICIPATION AND ATTENDANCE The nature of this course and the way you are evaluated make it difficult a class to miss in any given week. It is your responsibility to attend class, and to update and make any changes to the course syllabus and agenda as announced by the instructor as the course goes on. Obviously, if you are not in class you cannot receive credit for your contribution toward the class discussions. For your class participation grade, you will be evaluated based on your (1) attendance in class (3%), (2) contributions to class discussions (7%). My assessment of your contributions to class discussion will be based primarily on the quality -- not quantity -- of your contributions. Your goal as a participant in this class is to make at least one high-quality contribution during each class session. In rare instances, students may have to miss class for what I would call a valid, university-related reason. (Such reasons include times when the student is: (a) participating in a previously approved field trip or other official Zirve University activity (e.g., athletics, debate, music, theater arts); (b) confirmed under doctor’s order) Except for medical emergencies, which will require proper documentation, all other absences must be approved by the instructor prior to the class session that will be missed. For 0(zero) unexcused absences a student’s score will be automatically moved up 3 percentage point, i.e., 67% will become 70%, 87% will become 90% etc. Attendance means that you arrive on time and stay for the entire class period. EXAMINATIONS: There will be two exams and midterm exam is worth 20% and final exam is worth of 25%. Exams are CLOSED book and contain multiple-choice questions from lectures, discussion, audio/visual material, and the textbook. The exams will not be cumulative. If class is canceled on a scheduled exam day, the exam will be given the next scheduled class day. Students who have questions and concerns regarding their exams are welcome and encouraged to come by during office hours to discuss about their exams. If you are unable to come by during office hours, please contact me to schedule an appointment. Questions about any exam must be raised prior to the next exam. CLASS POLICIES: Everyone is responsible enough to make it to class. The fact that classes are scheduled is evidence that class attendance is very important. Students should, therefore, maintain regular attendance if they are to obtain maximum success in the pursuit of their studies. Conversely, simply attending class does not guarantee success – you need to pay attention, take comprehensive notes, participate in the class discussion, and ask for clarification when needed. It is expected that you will display the highest levels of respect for everyone in the classroom. When class begins, please stop your conversations. Wait until class is completely over before putting your materials away in your backpack, standing up, or talking to friends. Cell phones and mp3 players or other devices that generate sound must be turned off during class and should be out of sight during class time. No talking on cell phones, text messaging, or emailing on laptops during class. Wait until after class to return any calls received. You must leave your phone, PDA, etc. on teacher’s desk during the exams. 4 If you are using a computer, please refrain from internet surfing during lecture time – it is distracting to other students and rude. Beverages and “non-distracting food” should be fine. Please be on time for all classes. If you must come late/leave early, please be discrete and not disturb class. Those who come late should seat themselves as close to the entrance as possible and avoid any sort of disruption. ACADEMIC INTEGRITY I expect each student to produce his/her own work on all assignments and not cheat on any exam. When the student uses outside sources, he/she is expected to cite the sources in an appropriate way. The students must show sources for the following: * work and opinions of others * the paraphrasing of someone else’s words * electronic media, web sites, Cds * the pictures, maps, software, data and graphics, * audio and visual materials PLAGIARISM: The use, whether deliberate or unintentional, of an idea, phrase, or other materials from a source without proper acknowledgment of that source in a work for which the student claims authorship; the misrepresentation of sources used in a work for which the student claims authorship; the improper use of course materials in a work for which the student claims authorship; the use of papers purchased online and turned in as one’s own work; submitting written work, such as laboratory reports, computer programs, or papers, which have been copied from the work of other students, with or without their knowledge and consent. The risk of plagiarism can be avoided in written work by clearly indicating, either in footnotes or in the paper itself, the source of any major or unique idea or wording that you did not arrive at on your own. Sources must be given regardless of whether the material is quoted directly or paraphrased. *In an obvious case of cheating, the exam paper is not evaluated. Failure to cite sources in homework and writings is considered cheating. In this case either the assignment may be given a zero or the student may be asked to re-write it. Students are assumed to understand what Academic Honesty is, to know the results of a behavior violating the Academic Honesty Policy (such as low grades and disciplinary incident) and obey to the rules mentioned above. CHANGES TO THE SYLLABUS: Changes to the syllabus will occur from time to time based on further need for discussion, weather, schedule changes, consensus between students and professor, etc. based on professor discretion. Students will be advised in advance of any changes. Note: Exam dates are 100% guaranteed. While the material covered on each exam may change from the tentative schedule, I assure you that the exam dates will not. 5 BUS 209 Date Sep. 25 Fall 2014 Zirve University Dr. Hurrem YILMAZ TENTATIVE CLASS SCHEDULE Topic Assignments Introduction, Overview Form groups CH.1 Customer Relationship and Value Oct. 1 CH.2 Linking Marketing and Corporate Strategies Oct. 8 CH. 3 Scanning the Marketing Environment Oct. 15 CH. 4 Consumer Behavior Oct. 22 CH. 5 Organizational Buyer Behavior Oct. 29 CH. 6 Reaching Global Markets Nov. 6 CH. 7 Turning Marketing Information Into Action Nov.13 EXAM 1 Nov. 20 CH. 8 Identifying Market Segments and Targets Nov. 27 CH. 9 Developing New Products and Services Dec. 4 CH. 10 Managing Products, Services, and Brands Dec. 11 CH. 11 Pricing Products and Services Dec. 18 CH.14 Integrated Marketing Communications and Direct Marketing Assignment 4 (Sales Promotion) due Dec. 25 CH.15 Advertising, Sales Promotion, Public Relations Assignment 5 (Advertising) due Final exam Jan5-Jan 16 EXAM 3 (Ch. 8,9,10,11,14,15) Assignment 1 (SWOT Analysis) due Assignment 2 (Consumer Behavior) due EXAM 1 (Ch. 1,2,3,4,5,6,7) Assignment 3 (Segmentation, Targeting, Positioning) due 6