Contents
Entrepreneurship
Module Introduction.......................................................................................................... 3
VEDATYA INSTITUTE
(Formerly IIMT)
P58216
Marketing Management in Practice:
Advanced Marketing Simulation
Semester 4
Academic Year 2014-15
Module Leader
Dr. N.H. Mullick
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Assessment Details.......................................................................................................... 8
Recommended Reading List............................................................................................9
Your Library Service.........................................................................................................9
Assessment Information.................................................................................................10
Assessment Grid............................................................................................................ 17
Regulations.................................................................................................................... 19
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Module Introduction
Introduction
Welcome to the Marketing Management in Practice - Simulation
Module. In this module you have the opportunity to take part in an exciting
real time business simulation. The purpose of this intensive module is to give
Masters level students the experience of real time group decision making
based on a live marketing situation. You will be able to apply your
understanding of marketing mix principles to a computer simulated business
activity.
You will work in competitive teams to develop a better appreciation of the
practical issues of managing the marketing function of a growing
international business. By participating in this module, students will improve
relevant skills for a future career in marketing management such as team
management, operating a budget, implementing a communications strategy
and coping with unexpected competitor activity. The course also gives you
the opportunity to develop individual leadership, team and also time
management skills.
I very much look forward to working with you and facilitating your learning.
N.H. Mullick
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It was a great experience. The simulation was very interesting. It helped me to learn the
things which happen in the real world
Gives an outlook of how the departments in a company work together and how the
decisions taken in one affects the other departments as well.
The module is fun as well as a challenge. I like the way that people in a group share and
make decisions.
Fun and interactive. Allowed to get to know the class mates even better.
It was exciting because of the limitation of time and the feedback received every quarter
we were playing.
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Topic
Reading/Activity
1-2
Simulation
MarkStrat
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Define team
roles
Assessment
briefing
Team Naming
Team Roles
Log-in
Process
Agree team
activity
Q&A
Round 1 &2
Complete round
1 by end of
session
Schedule and
confirm each
others contact
details and
arrange
meeting
schedules.
Complete all
scheduled
Decision Rounds
Liaise with HQ
(Module
Leader)
Play rounds 2 to
10
Review &
Hand in
(1)Submission
Debriefing.
Continues
12-13
Use your
allocated PAKs
and
successfully
register with
StratX
Simulation
Website
Introduction
to Module
3-11
Simulation Briefing
MarkStrat
Simulation
Briefing and
Review of
Marketing
Strategy
Concepts
Deadlines
Working as a
team organise
your own time
scheduling
and online
access
Conduct all
Simulation
Tasks as
required
online.
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announcemen
t of results
Market
Place
Live Results
Group
Feedback
Q& A
Awards
Ceremony
of Individual
Report WEEK
12
Hand in (2)
Submission of
Group Report
WEEK 13
Module Syllabus
This Business Simulation challenges you to make realistic marketing and
business decisions in a competitive, fast-paced international market. It
enables you to develop and execute a complete marketing strategy,
including brand design, pricing, ad copy design, media placement,
distribution, and sales force management. Throughout the simulation, your
team receive information and updates on customer needs as well as a
feedback on customer satisfaction with brands, prices and advertising. Your
team must get together, discuss and decide the best way forward for the
organisation in light of the dynamic market conditions.
You will discover how actions impact on both brand profitability and firm
profitability. Simulation participants learn to study competitive tactics and
adjust their marketing strategy to stay ahead of the competition. The grading
is based on an overall balanced scorecard that measures profitability,
customer satisfaction and market share in the targeted market segments.
There will also be an assessment grade based on your individual and teams
performance.
Relationship to Other Modules
Pre-requisites:
None
Co-requisites:
None
Level and Status: Compulsory, level 6
Context: This module complements the core marketing modules
through the application of the theories and frameworks taught on
those modules, via a real time scenario.
Content:
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Taught
Practised
Assessed
Taught
Practise
d
Assessed
Practise
d
Assessed
2 Professional Skills
Having completed this module successfully,
students will be able to:
i Construct and execute time constrained
marketing plans
ii. Appraise and apply marketing information
for decision making
3 Transferable Skills
Having completed this module successfully,
students will be able to:
Taught
ii
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each other and respond to budget changes, share fluctuations, and changing
demand levels.
Group planning and execution of decisions in a virtual environment using
contemporary teaching and learning technologies over an intensive period of time
will enhance students ability to operate in a time pressured marketing and business
environment.
Notional Learning Time
20 hours
8 hours
8 hours
15 hours
Preparation
assignments
and
writing
of
Assessment Details
There are a variety of assessments on this module.
The computer controlled competition in real time will determine a winning group for
the simulation.
a
50%
50%
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Assessment Information
This module follows the principles of the Universitys Assessment Compact,
developed in conjunction with the Student Union, to ensure good practice and
transparency in assessment and feedback processes. The Assessment Compact can
be found in your Programme Handbook.
Assessment Criteria 1
Marking Criteria Individual Assignment
% Marks
20%
30%
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Page limit 10 IN TOTAL, excluding any appendices, charts, tables and illustrations
you may choose to include. Pages in excess of this limit will not be assessed. Your
individual assignment task sheets and reflective essay must be word processed,
double spaced, size 12 font, 3cm margins left and right. Use Harvard style
referencing. PLEASE ENSURE THAT THE NAME OF YOUR TEAM, YOUR FULL NAME
AND BROOKES STUDENT ID ARE INCLUDED ON THE COVER PAGE. DO NOT NAME
INDIVIDUAL TEAM MEMBERS ON THE TASK SHEETS.
Assessment Criteria 2
Marking Criteria Group Assignment
% Marks
30%
Group Report
20%
Page limit 10 IN TOTAL excluding any appendices, charts, tables and illustrations
you may choose to include. Pages in excess of this limit will not be assessed. Your
group report must be word processed, double spaced, size 12 font, 3cm margins left
and right. Use Harvard style referencing. PLEASE ENSURE THAT THE NAME OF YOUR
TEAM, THE FULL NAME AND BROOKES STUDENT ID are INCLUDED ON THE COVER
PAGE. DO NOT NAME INDIVIDUALS WITHIN THE REPORT ITSELF.
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Student ID:
Team
ROUND No:
Activities Undertaken
Personal Contribution
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Margins must be as follows: Top: & Bottom: 2.5 cm, Left: & Right: 3 cm
Assignments not complying with this format will be returned to students unmarked.
Assignment length
The length of an assignment is limited by a set number of pages to contribute
towards the development of writing skills and to ensure all work is assessed
equitably. We therefore require you to complete your assignments within the
number of pages specified in the assignment brief.
You will need to think carefully about how best to explain your case within the
permitted number of pages using; for example, an appropriate mix of text,
drawings, diagrams and tables, supplemented by information contained in
appendices.
Please also remember that a report can be enhanced or damaged through layout;
for example, placing all tables and drawings in appendices can hamper the flow of
discussion. Decisions need to be made about the most appropriate place to use
tables etc, to support your case.
The specified page count refers to the main body of the report and does not include
front cover, title page, contents page, executive summary, reference list, bibliography
or appendices.
Appendices themselves will not be marked. However, inappropriate use of
appendices will be taken into consideration when awarding the final mark.
Pages that exceed the maximum allowed will not be marked. If in doubt, you should
discuss this with the Module Leader before submission.
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Feedback
Feedback on your work will be provided in a range of ways at various times
throughout this module, and different feedback will serve slightly different purposes.
Feedback is designed to support your learning and help you to improve subsequent
work, so you need to get the most out of the feedback provided.
The simulation will generate specific performance feedback relevant to each teams
performance at each decision round. The module leader will provide email guidance
at staged points in the simulation, for example, following rounds 3 and round 7, and
in plenary at the final debriefing session after the simulations last round. Individual
verbal feedback will be offered at tutor surgeries with allocated slots. Additional
written feedback will be given on both the group and individual written reports.
Please note that feedback is provided throughout the module NOT JUST ON FORMAL
ASSESSED TASKS. It will be provided on your work and contribution, on the formal
assessment tasks and, in some circumstances, during staff office hours.
If you would like further information about feedback, or how to use it, please talk to
your tutor on this module or your Programme Lead.
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Mark
%
/
30
/
20
Max 50%
/50
Tutor
Feedback
Moderator
Feedback
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Mark
%
/
30
/
20
/50
Tutor
Feedback
Moderator
Feedback
NOTES
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Assessment Grid
Grading of Assignments
The marking scheme of your programme is based upon a 0 to 100 percentage scale. The pass mark for
each module is 50%. We use learning outcomes and Assessment Criteria to give guidance on how to
complete your assignments. Where a module is assessed by using more than one piece of work, the
weighting is explained in the Module Guide. The final mark for the module is calculated according to
this weighting. The general assessment criteria applied to all postgraduate work is explained below:
70%-100% (Distinction) is:
Outstanding work entirely focused on the assignment question and objectives. The work must show upto-date, comprehensive and detailed knowledge of the subject area and where appropriate relevant
literature that integrates theory with practice. The work must show the student has developed his/her own
ideas based on a wide range of evidence that has been thoroughly analysed, applied and discussed. The
work must show the student can effectively critically review evidence, draw conclusions and suggest
ideas to enhance organisational processes and/or theory whilst recognising contextual limitations. The
assignment must be presented professionally, communicate key messages and arguments with convincing
substantiation and contain accurate referencing in appropriate format.
60%-69% (Merit) is:
Effective work highly focussed on the assignment question and objectives. The work must show effective
knowledge of the subject area and relevant literature. The work must show where appropriate insightful
use of theory to illuminate key aspects of practice, showing some development of the student's own ideas
applied and discussed and related to a variety of sources of evidence. The work must show the student
can critically review and evaluate evidence, draw some conclusions and suggest ideas clearly to improve
organisational processes recognising some limiting factors. The assignment must be highly organised
with clear messages and arguments that are substantiated with evidence contain accurate referencing in
appropriate format.
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If your work falls into this category you will be offered a resit. If your resit also falls into this category
you will be required to retake the module and pay additional fees.
0%-29% (Fail) is:
Failing work that has not addressed the assignment question or objectives. The work has serious
shortcomings in terms of evidence of the subject area and relevant knowledge. The work shows little
evidence of the application of literature to illuminate theory or practice where appropriate. Evidence is
weak and ideas are underdeveloped through an absence of critical edge, predominance towards
description and a failure to make appropriate comparisons of theoretical and practical processes from
which generation of new ideas is very unsatisfactory. The assignment fails to organise ideas coherently, to
provide a clear message, argument or substantiation and is supported by an inadequate range of
references.
If your work falls into this category you will be deemed to have failed the module. You may retake the
module once if you pay additional fees.
You will also be deemed to have failed a module if you do not achieve a minimum of 50% in a
resubmitted piece of work.
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Regulations
Late Submission of Work
The penalty for late submission or non submission of work (post 48 hours deadline) is zero
marks awarded. Coursework submitted after the deadline, but within two working days (within
48 hours) of that deadline will be awarded only passing marks applicable to that particular
modules component. Submission can only be considered successful if the work is submitted at
the time and in the medium required. For example, if you are required to submit work
electronically and in hardcopy but only submit a hardcopy then the work will be considered a
non-submission even if the hardcopy is submitted by the deadline. All students must submit
work not only by the deadline stipulated but also in the medium required. Mitigating
circumstances need to be reported as per guidelines shared separately in this handbook.
Problems with printing or binding will not normally be accepted as valid reasons for
lateness.
Non-submission of Coursework and/or Non-appearance in Exam in the First Attempt
Any student failing to submit the coursework and/or failing to take the exam component
(without medical reasons or extenuating circumstances agreed with the Module Leader in
advance of the deadline and supported by medical evidence where appropriate) will be awarded
a Zero F Grade and no resit in such case will be given and the student will have to retake
the module whenever offered next.
Peer Assessment Form
In case of group coursework, it is mandatory to attach peer assessment form which needs to be
filled and signed by all group members failing which your coursework may not be assessed.
Please get in touch with the programme office to get peer assessment form.
Mitigating Circumstances
Regulations for the Consideration of Mitigating Circumstances
The University has approved the way in which circumstances that may have affected your
performance in an assessment will be considered these are called mitigating circumstances.
These regulations are designed to make the process easier to understand, be more transparent,
and to help you appreciate the way in which the University is able respond to your mitigating
circumstances.
What are mitigating circumstances?
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Mitigating circumstances are circumstances which were beyond your control and which could
not be reasonably accommodated by you and which seriously impaired your performance in
assessment. All three parts of this definition must be met for the University to agree you were
affected by mitigating circumstances. For example, these circumstances could be medical or
personal. In all cases you will be required to provide satisfactory documentary evidence to
support your claim if you fail to supply satisfactory documentary evidence your request will be
turned down. The only exception is for very short extensions to an assessment deadline (up to
one week), where you may be allowed to self-certify your difficulties if there is a valid reason
why you cannot provide evidence.
When should I submit my evidence of mitigating circumstances?
In all cases, you should submit your claim and your evidence as soon as possible and in any
case always before an assessment deadline or exam. If you miss a deadline you will not only
need to demonstrate that you were affected by mitigating circumstances but you will need to
provide evidence that you were unable to submit your claim by the deadline. So dont delay if
you wish to claim mitigating circumstances!
What if I miss a deadline without mitigating circumstances?
If you miss an assessment deadline or an exam without approval for valid mitigating
circumstances you will receive zero for that assessment. You must not miss deadlines!
If mitigating circumstances are approved, what will happen?
If your claim for mitigating circumstances is approved then you will be granted an extension to
your submission deadline of up to five weeks or allowed to re-sit your examination (or, in certain
situations only, an entire module). The University does not increase marks on the basis of
mitigating circumstances. This is because the University wants you to demonstrate your full
potential in assessments if it is agreed you were affected by mitigating circumstances then we
will give you an extension or a re-sit so you can demonstrate your potential unaffected by such
circumstances.
Where can I find out more?
For more information get in touch with the Registrars office. The required form can be
downloaded from the exam website as well http://results.iimtobu.ac.in.
Turnitin
During your programme you will be asked to use the TURNITIN System.
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Turnitin is a web-based tool that supports students in the development of good academic practice
when preparing written work for assessment. This text-matching tool allows academic staff to
check students' work for improper use of sources or potential plagiarism by comparing it against
continuously up-dated databases (including web-pages and student work). Turnitin produces an
'Originality Report' for each submitted piece of work which indicates all the matches in the
student assignment to the web-based sources on its database, and thus can provide academic staff
with the opportunity to help students develop as well as to safeguard students' academic integrity.
The referencing guide can be found in the IIMT learning resource centre.
Turnitin is primarily a student tool and can be used for you to check your work at any stage to
ensure you are adhering to best practice. Module Leaders will advise you at the beginning of the
semester on using this tool.
This will require you to submit a copy of your work electronically on turnitin and the module
leader will explain in the module guide what you have to do.
Detailed information about specific module assessment can be found in each module guide,
which is distributed at the beginning of teaching on each module. The module guide will detail:
Attendance Regulation
Classes are normally scheduled five days a week, Mondays to Fridays from 8.30 a.m. to 4.30
p.m. However, some modules may requires students to stay late in the evening. This is on
account of practicals /workshops that have to be conducted in some of the modules. Sometimes a
Saturday or a holiday may be utilized for covering up for classes that have not been conducted
on account of gazetted holidays/unforeseen circumstances.
Students are required to attend all scheduled classes unless deemed optional by the Module
Leader. Module leaders will maintain attendance records. These attendance records are
then handed over to the Program Office. The attendance record is compiled by the Program
Office after every four weeks and the same is shared with the students through the IT
network. Only students, their parents and IIMT faculty have an access to the attendance
record. The student would also have access to cumulative attendance for each module at the
end of each semester.
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If for any reason a student is unable to attend scheduled classes they must notify the
Programme Office in writing either through mail or a written application. In an emergency
situation, the student can call the program office/module leader or the HOD as well to
convey the reason for non attendance. However, when the student is back, the information
must be communicated through mail/written application and the same must be submitted in
the program office. The copies of these applications are filed in the personal files of the
students.
If absence is due to a medical condition, the student must submit a medical certificate to
the Programme Office.
Where a student is absent from a module on more than three (3) occasions without a valid
reason, a hearing will be arranged by the Head of School and the students parents will be
informed of the outcome in writing.
1. The student will not be offered any support for international/ national internship and final
placement.
2. The student would be debarred from participating in cultural and sports activities.
3. The student would be required to offer community service
The attendance will be measured on a cumulative basis for all registered modules. This
does not include any retake module. An overall cumulative aggregate of less than 60%
attendance will trigger the above stated sanctions.
No additional cantonment or consideration for medical/ mitigating circumstances will be
normally allowed. Any such consideration for exemption will require Directors formal
approval.
A student who is more than ten minutes late will not be admitted to the class until such time
as there is a scheduled break in order to ensure that other students are not disturbed.
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ii.
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Institutes awareness of any shortcomings and help it to identify and take remedial actions
to improve its practices, procedures and the delivery of the programme.
If you think you have a justified cause for complaint, you should feel able to raise the
matter without fear of victimization or undue publicity. Whether or not the complaint is
eventually upheld, you as a student have the right to raise it. It is a matter of principle
that, whatever the outcome of the complaint, you have a right to get a clear statement as
to whether it is accepted as justified and what further courses of action are open to you.
In all cases of complaint you are expected to follow the procedure detailed below.
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At all formal and informal stages a student who has a complaint against the Institute
or one of its employees, agents or another student has a right to be accompanied by a
friend. The friend may speak on behalf of, or otherwise represent the interests of, the
student. Matters the complainant wishes to remain confidential should normally
remain confidential.
The student should normally first approach the person against whom they have a
complaint.
If this does not resolve the matter to the satisfaction of the complainant, or if the
nature of the complaint is such that it is inappropriate to approach the person
concerned, the student should informally approach the person with superior
administrative authority for the area of work. For instance, a student with a complaint
about the teaching, administration or resources relating to the programme who is not
satisfied by the response to the initial approach should approach the Head of School
or, if this was the person first approached, the Director of the Institute.
If still not satisfied with the response or if no response is received within 14 days, the
complainant should submit to the Registrar a written statement specifying the
complaint and the remedy sought.
If the complaint is an act or omission on the part of the Head of School or a member
of his or her staff, this written statement should be submitted to the Director.
If the complaint is an act or omission on the part of the Director, this written
statement should be submitted to the Management Board.
The Management Board will, on receipt of the complaint, nominate a member of the
Board to investigate the complaint. The nominee may require written amplification
or clarification of the statement.
If there has been unreasonable and inordinate delay in raising the complaint or it is
otherwise vexatious, the Board nominee may, after appropriate consultation, dismiss
it summarily.
If it appears that informal approaches have not been exhausted, the Board nominee
concerned may require that they be further pursued before convening a Complaint
Committee.
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Resit Regulation
If you get a resit in a coursework, you may be given a separate piece of coursework
for the resit than the one given in this handbook. Contact the Module Leader to get
details of the resit after the declaration of your main result. Please note that in
case of resit, you need to pay Rs.1200 plus tax as applicable as a resit fee
per module to the Accounts Office failing which your coursework will not
be assessed.
Retake Regulation
Please note that in case of Retake, you need to pay Rs 8000 plus tax as applicable
as a retake fee per module to the Accounts Office failing which you will not to be
allowed to take the module.
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