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Marketing Practice

  • Module code: BM4701
  • Year: 2018/9
  • Level: 4
  • Credits: 30
  • Pre-requisites: None
  • Co-requisites: None

Summary

This module is designed to provide students on general business courses with a broad understanding of the nature of the marketing function and of what marketers do. While underpinned by marketing theory, the module focuses on the practical application of marketing in organisations, its relationship to other business functions, and the impact that marketing can have on an organisation. Consequently this module will equip students with skills and knowledge that they will find useful for their later employment in a marketing - related job. The module is delivered using a combination of lectures, in-class exercises, case studies and guest speakers. Students are expected to prepare work outside the classroom prior to participation in the scheduled sessions.

Aims

  • To provide students with an in-depth knowledge and understanding of the marketing function in modern business and non-profit organisations.
  • To develop students' appreciation of the relationship between marketing and other business functions.
  • To enable students to appraise and develop coherent marketing plans for a range of organisation types.
  • To develop students' intellectual and research skills in the area of marketing.

     

Learning outcomes

On successful completion of the module, students will be able to:

  • Demonstrate an understanding of the marketing concept and how it applies to modern business and non-profit organisations.
  • Define marketing objectives for an organisation and demonstrate an appreciation of how these may be achieved via marketing plans.
  • Demonstrate an understanding of a variety of qualitative and quantitative market research techniques and be able to select appropriate techniques for solving marketing problems.
  • Demonstrate an understanding of segmentation, defining targets and positioning strategies for specified brands.
  • Demonstrate familiarity with the elements of operational marketing and the ability to select an appropriate balance of elements to achieve marketing objectives.
  • Research, develop and present a viable new-product development plan.

Curriculum content

  • Understanding the marketing concept and environment.
  • Market analysis: market definition, size and structure; market trends; competitor analysis; sources of competitive advantage.
  • Customer analysis: understanding different types of customers, such as business-to-customer/business-to-business (B2C/B2B), customers/shoppers versus consumers; analysing customer behaviour.
  • Market research: qualitative and quantitative techniques; market research planning; market research applications.
  • Segmentation, targeting and positioning: understanding the bases for segmenting consumer and organisational markets; selection of valid segments; target marketing strategies; development of appropriate positioning strategies; perceptual mapping.
  • Understanding the elements of operational marketing: product/service, price, marketing communications, distribution channels, customer service.
  • New product/service development: understanding the process of researching, developing, testing and launching a new product/service.
  • Marketing planning: the planning process; implementation; evaluation and controlissues;use of marketing and financial data to support the marketing planning process.

Teaching and learning strategy

Scheduled teaching and learning will comprise a combination of lectures and practical workshops.Students are expected to prepare and participate in workshop sessions and complete background reading as indicated. Case studies and computer exercises will be used as appropriate. They will have access to a Canvas site and linked websites which back up the core text. Students will be expected to access articles and contemporary business and marketing trade journals via the Learning Resources Centre or via web-based sources.

Due to the experiential nature of the learning on this degree, and the importance of professional development enabling students to develop practical skills, learn from and interact with others, attendance is compulsory. Any students not attending a minimum of 80% of their timetabled sessions will be at risk of academic failure or termination from the course.

Breakdown of Teaching and Learning Hours

Definitive UNISTATS Category Indicative Description Hours
Scheduled learning and teaching A combination of lectures and workshops 66
Guided independent study 234
Total (number of credits x 10) 300

Assessment strategy

Three components of assessment will ensure that the module's learning outcomes are met:

  • An individual portfolio reflecting in-class contributions, which could include short written analyses of marketing problems for a given scenario, for example, worth 70% of the module grade.
  • A group report, for instance an analysis of a specific marketing problem or making recommendations for a real or new brand, worth 20%.
  • Individual contribution/participation in the in-class activities throughout the year, worth 10%.

Formative assessment will be through in-class activites and the group report as well as through computer exercises to ensure that classroom learning of the founding principles is on track.

Mapping of Learning Outcomes to Assessment Strategy (Indicative)

Learning Outcome Assessment Strategy
1) Demonstrate an understanding of the marketing concept and how it applies to modern business and non - profit organisations. Individual portfolio Group report
2) Define marketing objectives for an organisation and demonstrate an appreciation of how these may be achieved. Individual portfolio Group report
3) Demonstrate an understanding of a variety of qualitative and quantitative market - research techniques and be able to select appropriate techniques for solving marketing problems. Individual portfolio Group report
4) Demonstrate an understanding of segmentation, defining targets and positioning strategies for specified brands. Individual portfolio Group report
5) Demonstrate familiarity with the elements of operational marketing and the ability to select an appropriate balance of elements to achieve marketing objectives. Individual portfolio Group report
6) Research, develop and present a viable new product development plan. Group report

Elements of Assessment

Description of Assessment Definitive UNISTATS Categories Percentage
Individual portfolio Coursework 1 70%
Group report Coursework 2 20%
Individual contribution/participation in the in -class activities throughout the year Coursework 3 10%
Total (to equal 100%) 100%

Achieving a pass

It IS NOT a requirement that any major assessment category is passed separately in order to achieve an overall pass for the module.

Bibliography core texts

Kotler, P., Armstrong, G., Harris, L.C. and Piercy, N. Principles of Marketing, Pearson Education Limited.

Bibliography recommended reading

Baines, P. and Fill, C. Marketing, 3rdedition, Oxford University Press.

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