BUS 110: INTRODUCTION TO MARKETING YEAR OF STUDY I SEMESTER: II CREDIT POINTS: 2 CONTACT HOURS PER WEEK: 5 (3 Lectures and 2 Seminars) COMPULSORY COURSE IN: ELECTIVES COURSE IN: BBA, B.SC. (POM) NONE PREREQUISITE COURSES: NONE MODE OF TEACHING: Lectures, Group discussion, Case Studies COURSE OBJECTIVES: At the end of the course, students should be able to: Explain basic concepts and practice of marketing in general Identify and interpret customer need in terms of goods or services Describe the idea of what marketing field entails Articulate the administration of marketing mix. Formulate effective plans for implementation and control of marketing strategies READING LIST: 1. David A. Aaker, (1988): Developing Business Strategies: John Wiley and Sons, Canada 2. Kotler, Philip (1997): Marketing Management, Analysis, Planning and Control; Prentice Hall Inc. 3. Marking R (1982): Marketing Strategy and Management, John Wiley & Sons, New York. 4. McDonald (1980): Handbook of Marketing Planning, MCB Publications Ltd., Bradford, England 5. Stanton, William (1994): Fundamentals of Marketing, McGraw Hill, New York COURSE CONTENT 1. Marketing – An Overview 2. Marketing defined Micro and Macro Marketing Marketing evolution or Business Philosophies Application Marketing Management Process 3. Marketing Planning Contents of Marketing Planning 4. Marketing Environment Macro Environmental Factors Micro Environmental Factors Buyer Behaviour 5. Definition of Markets Types of Markets Consumer Buying Behaviour Industrial Buyer Behaviour Government Buying Behaviour Marketing Research (MR) & Marketing Information System (MIS) 6. Marketing Information System (MIS) Marketing Research (MR) Market Measurement Forecasting 7. Estimating Current Demand Methods of Forecasting Marketing Segmentation 8. Marketing targeting Product Positioning Product Planning Development Definition of Product and Classifications Products Mixes and Product Lines New Product Development Product Packaging, Branding and Labelling Product Life Cycle Concept Service 9. Definition of Service Characteristics of Service Types of Marketing in Service Industry Quality Service Determinants of Service Quality Pricing Pricing policy objectives Pricing Procedures and Approaches Pricing Strategies 10. Promotion Nature and Importance of Promotion Communication Process and promotion Promotional Methods 1. Distribution Channels of Distribution Physical Distribution Major Components of Physical Distribution Marketing for non profit organizations Nature of products Marketing strategies 2.