Course Information Teacher Information Course No. : IE 418 Name : Diane Uy Menjares, CIE, AAE, MMBM Course Title : Marketing Office : MON 0600PM-0700PM Credit Units : 3 IE Department Pre-requisites : IE312 Advance Statistics IE324 Managerial Accounting IE325 Cognitive Psychology Contacts:
Email: dianemenjares@gmail.com Term : 1 st Semester, SY 2014-2015 Schedule : 06:00PM-07:30PM TTH LB401TC
COURSE DETAILS Course Description This course introduces the basics of marketing and gives the students a comprehensive and innovative managerial and practical introduction to marketing. This also exposes the students as to the whole scope of marketing and its corresponding challenges and emphasize the fact that marketing is more than selling a product.
Course Objectives
At the end of the course, the students are expected to: To apply the appropriate techniques and procedures to formulate a marketing design for a specific product or service. To apply the right marketing principles in all sorts of industry, product or service, consumer and industrial markets, small, medium and large scale businesses.
Course Outcomes (CO) Upon completion of the course students should be able to: Targeted Program Outcomes (PO) Introduction (I), Reinforce (R), Emphasize (E) 1 2 3 4 5 6 7 8 9 10 11 CO 1: Define marketing and its role in the economy. I E R E I CO 2: Construct a simple model of consumer buyer behavior I E R E I CO 3: Demonstrate different methods for estimating demands. R I E R E I CO 4: Relate how companies can position their products for maximum advantage in the market. I E R E CO 5: Design a marketing / product mix. R I E R E I I CO 6: Devise strategies for market challengers and followers to use to increase market share and profits R I E R E I CO 7: Generate a comprehensive marketing plan to support their thesis requirement R I E R E R R
Course Structure TOPICS Time Allocation Teaching & Learning Activities Targeted COs Assessment Scheme DEFINING MARKETING AND THE MARKETING PROCESS: 1. Definition of Marketing and Understanding the Market Place and the Customer Needs 2. Role of Marketing in an Organization especially in Strategic Planning
3 hours Discussion / Lecture Interaction Role Play CO1 Depiction of the Role Play and how the presentation was related to the principles taught Exam UNDERSTANDING THE MARKETPLACE AND CONSUMERS: 1. The Marketing Environment 2. Managing Marketing Information 3. Business Markets and Business Buyer Behavior
3 hours Discussion / Lecture Interaction Case Study CO2 Case Study Exam SELECTING THE TARGET MARKET 1. Measuring and Forecasting Demand 2. Market Segmentation, Targeting and Positioning 2 hours Discussion / Lecture Interaction Seatwork CO3 Seatwork Exam DEVELOPING THE MARKET MIX 1. Designing Products: Product, Brand, Packaging and Services 2. Designing Products: New Product Development 3. Pricing Products: Pricing Considerations and Approaches 4. Pricing Products: Pricing Strategies 5. Placing Products: Distribution Channels and Physical Distribution 6. Placing Products: Retailing and Wholesaling 7. Promoting Products: Communications and 8 hours Discussion / Lecture Reporting Group Activity CO4 Group Work Exam Market Mix Paper
Promotions Strategy 8. Promoting Products: Personal Selling and Sales Management
MANAGING THE MARKETING EFFORT 1. Competitor Analysis and Competitive Marketing Programs 2. Planning, Implementation, and Controlling Marketing Programs 2 hours Discussion / Lecture CO5, CO6, CO7 Oral Explanation Exam EXTENDING MARKETING 1. Services Marketing and Non Profit Marketing 2. International Marketing 2 hours Discussion / Lecture Game CO1 to CO7 Game Exam
Educational Resources Material Available/Accessible At Philip Kotler and Gary Armstrong, Principles of Marketing, Prentice Hall Articles and Sites in the Internet
Course Requirements 1. Attendance in class 2. Participation in discussions 3. Submission of seatworks, homeworks and case studies 4. Taking and passing examinations (Announced and Unannounced) 5. Completion of marketing plan (Complete package of Marketing Thesis) Evaluation & Grading Policy Midterm Grade / Tentative Final Grade = 85% Exams + 10% Classwork + 5% Attendance Final Grade = 40% Midterm Grade + 40% Tentative Final Grade + 20% Marketing Thesis
Passing Percentage = 65% Course Policies 1. Absences, both excused and unexcused are considered absence. 2. Make up classworks and exams can be provided if absences are excused / valid. 3. Everyone is expected to be in class on time. 4. Cellphones are to be turned off or in silent mode during class hours. If calls need to be answered, step out of the class silently and take the call outside. 5. Students are expected to listen to the person talking. 6. Cheating is strictly prohibited. Students caught cheating will be dealt with accordingly.