Oman College of Management & Technology COURSE SYLLABUS Department of Administrative and Financial Sciences Course Code & Title (403201): Principles of Marketing I Semester Second Semester – 2015-2016 Instructor Munawar Hameed Class Schedule 10:30-11:30 - Sun, Tue & Thu Office Hours 12:30-13:30 - Sun, Tue & Thu Web Site www.omancollege.edu.om/munawar E-mail Munawar.hameed@omancollege.edu.om Teaching Methods: The course will be based on the following teaching and learning activities: Lectures Discussions Case Analysis (Problem Based Learning (PBL)). Assignments Surprise Quizzes Course Description: The course intends to provide fundamental knowledge and exposure to the concepts and practices in the field of marketing through Problem Based Learning (PBL). Course Objectives: The objective of the course is to familiarize the students with basic marketing principles and concepts by helping the students think out-of-the-box and practice marketing their business better through Problem Based Learning (PBL). Learning Outcomes: The course is designed to make the students learn the fundamental marketing concepts, theories and analytical tools to acquire marketing skills to tackle real life marketing problems in today’s highly competitive and complex business environment emphasizing on the management of profitable exchange of processes in the context Course Syllabus Principles of Marketing I Page 1 of modern organizations demonstrating their ability to apply classroom knowledge to their work situations through Problem Based Learning (PBL). Course Time Table Week 1 2 Topics Introduction to marketing and its meaning Scope of marketing; goods, services, events, experiences, persons, places, properties, organizations, information and ideas Core marketing concepts; Target markets and segmentation, marketers and prospects, needs, wants and demands, product or offering, value 3 4 and satisfaction, exchange and transaction, relationships and networks, marketing channels, supply chain, competition and marketing environment Company orientations toward the marketplace; production concept, product concept, selling concept, marketing concept and societal marketing concept; selling and marketing concepts contrasted Marketing mix: four Ps of marketing: product, price, place and promotion; 5 Four Cs of marketing: customer solution, customer cost, convenience and communication 6 Product Life-Cycle (PLC): introduction, growth, maturity and decline 7 First Exam 8 Pricing strategies; Marketing environment 9 Target market and market segmentation 10 Buyer behavior: meaning and factors influencing buyer behavior 11 Buying decision process: buying roles; Stages of buying decision process 12 Second Exam 13 Meaning and advantages of advertising 14 Developing and managing an advertising program 15 Deciding on media and measuring effectiveness; Sales promotion 16 Final Exam Student Activity Students are expected to refer the text / reference books specified to get detailed and wide range of information on the subject matter and write the assignments on the topics given. Course Syllabus Principles of Marketing I Page 2 TEXT BOOKS 1. 2. 3. 4. 5. 6. 7. 8. Marketing Management; Rajan Saxena Marketing; William J Stanton Marketing Management; Still and Cundiff Marketing Management; Dr. K. Nirmala Prasad and Sherlaker Marketing; J.C. Gandhi Principles of Marketing: Ramasamy Namakumari Marketing; J. Jayasankar Marketing Management; Dr. C.B. Gupta and Dr. N. Rajan Nair. REFERENCE BOOKS 1. 2. 3. 4. Principles of Marketing; Philip Kotler Sales Administration; Bestrand Canfield and Englan Cliff, Prentice Hall. Sales Management; Richard R. Still and Edward W.Cundiff, Prentice Hall Marketing Management; V. S. Ramasamy, MacMillan. Performance Evaluation: The grade will be based upon the following: First Exam Second Project (Exam) Class Participation & Activity Final Project (Exam) 20% 20% 10% 50% Student Responsibility: M o b i l e phones must be turned off during class time. Students are expected to participate in class discussion and critiques. Failure to do so will result in grade reduction. Students are expected to follow OCMT’s standardized attendance policy. Lecture attendance is mandatory. Students are allowed maximally of 15% absentia of the total module hours. Students are required to work on projects in and outside of class, and must complete all assignments. Meeting all deadlines and complete all assignments, (Late papers will not be accepted). Coming on time and staying till class is over. Course Syllabus Principles of Marketing I Page 3