1 Revised: August 11, 2015 by Instructor, Ms. Anda R. Arms

Principles of Marketing

MRKG 1311 RIL01 Fall I 2015 Term

August 10th – October 3rd, 2015

Instructor: Ms. Anda R. Arms, MRCP Email: anda.arms@ctcd.edu

Telephone/Text: 785-410-8137 Course Title: Principles of Marketing

Meeting Dates: Monday/*Only Wednesdays if independent study (less than 5 students) 5:30pm-8:30pm

Location: Bldg 215, Room 227

Required Reading Material

Dave Kurtz, Principles of Marketing, Custom Edition for Central Texas

College, 16th Edition,

Course Overview

This course is an introduction to the marketing mix functions and process. It

includes identification on consumer and organizational needs and

explanation of environmental issues.

This course, Principles of Marketing, MRKG 1311, is a required course in the

Business Management and Marketing and Sales Management degree and

certificate programs and the Entrepreneurship certificate program. There are

no prerequisites required. This course is occupationally related and serves as

preparation for a career in marking or general business management.

Learning Outcomes

Upon successful completion of this course, students will be able to identify

the marketing mix components in relations to market segmentation, explain

the environmental factors which influence consumer and organizational

decision-making process, and outline a marketing plan.

Course Requirements

Reading Assignments: Read text assignments prior to class and be

prepared to discuss the text material, answering instructor questions orally

with well-organized thoughts and ideas.

2 Revised: August 11, 2015 by Instructor, Ms. Anda R. Arms

Class attendance: Students are expected to attend each class period, be

on time and stay the full class period or be counted absent. You are

responsible for all course material missed due to absence. The instructor

does not provide class notes for classes missed. (Refer to CTC C&I Course

Catalog 2015 – 2016, Academic Policies, page 19 for detailed policy:

http://documents.ctcd.edu/ca/ci/fall-2015-2016.pdf)

Current Event Article Report & Presentation: In addition to text

readings, students are required to prepare two Marketing-Related current

event article reports. Select an article from a current (within the past 30

days) publication (newspaper, news magazine, etc. – one must be from the

Internet). Summarize the article by stating the main points in your own

words. Report must be 1-3 pages in length, all sources must be cited, APA

format.

State your conclusions (opinion) about the article in your conclusion

paragraph. The summary and your conclusions must not exceed 3 pages. A

copy of the article must be furnished with the report. REPORTS MUST BE

MAREKTING-RELATED. Grading criteria for the article reports outlined in

Grading Section of this syllabus, below.

Each student will present two article reports orally to the class (no more

than 10 minutes each).

Deadlines for turning in the two article reports are in the course schedule.

There is a five point penalty for each later report. This requirement counts

50 points on the final grade (20 for each written report and 5 for each oral

presentation).

Exams: There will be two exams, each worth 25 points each, one midterm

and one final. Makeup exams will be given only in cases of excused

absences. Prior arrangements must be made, no exceptions.

Student Preparation & Study Requirements: Each student is expected

to develop an effective personal time management and study schedule that

will enable him or her to master the learning outcomes listed previously. The

instructor will send each chapter’s multiple-choice questions from the course

test bank to you via your email address. It is recommended that you take

the time to look up the answers to these questions to reinforce and review

the lecture and discussion in the classroom. The midterm and final exam

questions will appear exactly as you saw them on the study guides.

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However, not all the questions provided will be used on the exams, only an

average of three or four questions per chapter will appear on your two

written exams. It is expected that each student bring the completed study

guides during review sessions for the midterm and final exams. Essay

advance sheets will be sent to the student via email at approximately the

second week of class for the midterm exam and at the sixth week of class

for the final exam. Students are expected to look up the answers and then

use these completed advance sheets as a study guide in preparation for the

essay portion of the exams. Your work on the study guides and essay

advance sheets are optional, ungraded assignment, its purpose to support

the student study materials and assist in preparation for midterm and final

exams.

Grading

Course grades will be determined by total points earned as follows:

Summary of Requirements Point Values:

Current Event Article & Presentation 25 points Midterm 25 points

Current Event Article & Presentation 25 points Final Exam 25 points

Total Possible Points 100 points

Letter grades will be assigned based on total points earned as follows:

100 – 90% 100 points A

89 – 80% 80 points B 79 – 70% 70 points C

69 – 60% 60 points D 59% & below <59 points F

Current Event Articles and Presentation 1: 25 points (Week 4). Exam 1 Midterm: 25 points (Week 5).

Current Event Articles and Presentation 2: 25 points (Week 7). Exam 2 Final: 25 points (Week 8).

The exam schedule will be provided by the instructor on the first day of

class. They type of exam questions will be essay and multiple-choice

questions covering definition, concepts, systems, models, and examples

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from the textbook. There will not be comprehensive final nor open book

exams. They will be taken during the class period for which they are

scheduled. Arrangements can be made to take the exam ahead of time on a

case-basis. See readings schedule for specific exam dates.

Academic Policies

Course Withdrawal: It is the student’s responsibility to officially withdraw

from a class if circumstances prevent attendance. Any student who desire to,

or must, officially withdraw from a course after the first scheduled class

meeting must file a Central Texas College Application for Withdrawal (CTC

Form 59). The withdrawal form must be signed by the student.

A student who officially withdraws will be awarded the grade of “W” provided

the student’s attendance and academic performance are satisfactory at the

time of official withdrawal. Student must file a withdrawal application with

the College before they may be considered for withdrawal.

A student may not withdraw from a class for which the instructor has

previously issued the student a grade of “F” or “FN” for nonattendance.

Administrative Withdrawal: An administrative withdrawal may be

administered by the instructor when the student fails to meet College

attendance requirements. The instructor will assign the appropriate grade on

CTC Form 59 for submission to the registrar.

Incomplete Grade: The College catalog states, “An incomplete grade may

be given in those cases where the student has completed the majority of the

course work, but because of personal illness, death in the immediate family,

or military orders, the student is unable to complete all the requirements for

a course. “Prior approval from the instructor is required before the grade of

an “I” for Incomplete is recorded. A student who merely fails to show for the

final examination will receive a zero for the final and an “F” for the course.

Cellular Phones: Cellular phones and beepers will be turned off while the

student is in the classroom.

Americans with Disability Act (ADA): Students requiring

accommodations for disability are responsible for notifying the instructor.

Reasonable accommodations will be granted in full compliance with federal

and state law and Central Texas College policy.

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Instructor Discretion: The instructor reserves the right of final decision in

course requirements.

Civility: Individuals are expected to be cognizant of what a constructive

educational experience is and respectful of those participating in a learning

environment. Failure to do so can result in disciplinary action up to and

including expulsion.

Honesty and Integrity: All students are required and expected to maintain

the highest standards of scholastic honesty in the preparation of all course

work and during examinations. The following will be considered examples of

scholastic dishonesty.

1. Plagiarism: The taking of passage from wring of others without giving

credit to the sources.

2. Collusion: Using another’s work, as one’s own; or working together

with another person in the preparation of work, unless joint

preparation is specifically approved in advance by the instructor.

3. Cheating: Giving or receiving information on examinations. Students

guilty of scholastic dishonesty will be administratively dropped from

the course with a grade of “F” and will be subject to disciplinary action.

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Schedule

Week 1: 10th & 12th August (Monday) Introductions, discuss syllabus,

& course requirements, Chapters 1, 2, 3, complete student

contact sheet, and (*Wednesday) Chapters 4, and 5.

Week 2: 17th & 19th August (Monday) Chapters 6, 7 and

(*Wednesday) Chapter 8.

Week 3: 24th & 26th August (Monday) Chapters 9, 10 and

(*Wednesday) Chapter 11.

Week 4: 31st & 2nd September (Monday) Chapter 12, 13 and

(*Wednesday) Current Event Article Presentations 1,

Chapters 14 and 15.

Week 5: 7th & 9th September (Monday) No Class – Observance of

Labor Day, (*Wednesday) Midterm Exam Units 1 – 3.

Week 6: 14th & 16th September (Monday) Chapter 16 and

(*Wednesday) Chapter 17.

Week 7: 21st & 23rd September (Monday) Chapter 18, 19 and

(*Wednesday) Student Current Event Presentations 2.

Week 8: 28th and 30th September (Monday) Review for Final, and

(*Wednesday) Final Exam Units 4 – 7.

*Note: If class size is smaller than 5 students, this class will meet once per

week, rather than twice. Instructor will call all students on the first day of

class and email them letting them know which day/time/location to meet.

The same volume of course work and learning outcomes are required,

regardless if the class meets once or twice per week.

In order to maintain confidentially, final grades will be sent to the student

via email referencing the student’s last 4 (SSN) NLT October 3rd, 2015.

7 Revised: August 11, 2015 by Instructor, Ms. Anda R. Arms

Course Outline

Unit One: (Chapters 1 – 5) Designing Customer-Oriented Marketing

Strategies

Chapter 1: Marketing: The Art & Science of Satisfying Customers

Define marketing, explain how it creates utility, and describe how its role in the

global marketplace.

Contrast marketing activities during the four eras in the history of marketing.

Explain the importance of avoiding marketing myopia.

Describe the characteristics of not-for-profit marketing.

Identify and briefly explain each of the five types of nontraditional marketing.

Outline the importance of creativity, critical thinking, and the technology

revolution in marketing.

Explain the shift from transaction-based marketing to relationship and social

marketing.

Identify the universal functions of marketing.

Demonstrate the relationship between ethical business practices, social

responsibility, and marketplace success.

Chapter 2: Strategic Planning in Contemporary Marketing

Distinguish between strategic planning and tactical planning.

Explain how marketing plans differ at various level sin an organization.

Identify the steps in the marketing planning process.

Describe successful planning tools and techniques, including Porter’s Five

Forces model, first and second mover strategies, SWOT analysis, and the

strategic window.

Identify the basic elements of a marketing strategy.

Describe the environmental characteristics that influence strategic decisions.

Describe the methods for marketing planning, including business portfolio

analysis and the BCG matrix.

Chapter 3: The Marketing Environment, Ethics, & Social Responsibility

Identify the five components of marketing environment.

Explain the types of competition markets face and the steps necessary for

developing a competitive strategy.

Describe how marketing activities are regulated and how marketer can

influence the political-legal environment.

Outline the economic factors that affect marketing decision and consumer

buying power.

Discuss the impact of the technological environment on a firm’s marketing

activities.

Explain how the social-cultural environment influences marketing.

Describe the ethical issues in marketing.

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Identify the four levels of the social responsibility pyramid.

Chapter 4: Social Media: Living in the Connected World

Define social media and distinguish between social media platforms and social

media tools.

Describe the ways in which consumers and businesses use social media for

their buying decisions.

Outline the elements of a written social media marketing plan.

Discuss the importance of setting goals and developing strategies, including

targeting an audience, for a social media marketing initiative.

Identify the qualities of effective social media content and the rules of

engagement with social media.

Describe the different means of monitoring, measuring, and managing the

social media marketing campaign.

Discuss the ethical and legal issues encountered by marketers in social media

marketing.

Identify the different types of positions in social media marketing, and outline

tips for landing an entry-level job.

Chapter 5: E-Business: Managing the Customer Experience

Describe the growth of Internet use worldwide.

Define e-business and e-marketing, and list the opportunities e-marketing

presents.

Distinguish between a corporate Web site and a marketing Web site.

List the major forms of B2B e-marketing.

Explain business-to-customer (B2C) e-marketing.

Identify online buyers and sellers.

Describe some of the challenges associated with online marketing and e-

business.

Discuss how marketers use the communication function of the Web as part of

their online marketing strategies.

Outline the steps involved in developing successful e-business Web sites and

identify methods for measuring Web site effectiveness.

Unit Two: (Chapters 6 – 8) Understanding Buyers & Markets

Chapter 6: Consumer Behavior

Define consumer behavior and describe the role it plays in marketing decisions.

Describe the interpersonal determinants of consumer behavior: cultural, social,

and family influences.

Explain each of the personal determinants of consumer behavior: needs and

motives, perceptions, attitudes, learning, and self-concept theory.

Distinguish between high-involvement and low-involvement purchase decisions.

Outline the steps in the consumer decision process.

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Differentiate among routinized response behavior, limited problem solving, and

extended problem solving by consumers.

Chapter 7: Business-to-Business (B2B) Marketing

Explain each of the components of the business-to-business (B2B) market.

Describe the major approaches to segmenting business-to-business (B2B)

markets.

Identify the major characteristics of the business market and its demand.

Discuss the decision to make, buy, or lease.

Describe the major influences on business buying behavior.

Outline the steps in the organizational buying process.

Classify organizational buying situations.

Explain the buying center concept.

Discuss the challenges of and strategies for marketing to government,

institutional, and international buyers.

Chapter 8: Global Marketing

Describe the importance of global marketing from the perspectives of the

individual firm and the nation.

Identify the major components of the environment for global marketing.

Outline the basic functions of GATT, WTO, NAFTA, FTAA, CAFTA-DR, and the

European Union.

Identify the alternative strategies for entering foreign markets.

Differentiate between a global marking strategy and a multi-domestic

marketing strategy.

Describe the alternative marketing mix strategies used in global marketing.

Explain the attractiveness of the United States as a target market for foreign

markers.

Unit Three: (Chapters 9 – 11) Target Market Selection

Chapter 9: Market Segmentation, Targeting, and Positioning

Identify the essential components of a market.

Outline the role of market segmentation in developing a marketing strategy.

Describe the criteria necessary for effective segmentation.

Explain the geographic approach to segmenting consumer markets.

Discuss the demographic approach to segmenting consumer markets.

Outline the psychographic approach to segmenting consumer markets.

Describe product-related segmentation.

Identify the steps in the market segmentation process.

Discuss four basic strategies for reaching target markets.

Summarize the types of positioning strategies, and explain the reasons for

positioning and repositioning products.

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Chapter 10: Marketing Research and Sales Forecasting

Describe the development of the marketing research function and its major

activities.

Explain the steps in the marketing research process.

Distinguish between primary and secondary data and identify the sources of

each type.

Explain the different sampling techniques used by marketing researchers.

Identify the methods by which marketing researchers collect primary data.

Explain the challenges of conducting marketing research in global markets.

Outline the most important uses of computer technology in marketing research.

Identify the major types of forecasting methods.

Chapter 11: Relationship Marketing and Consumer Relationship

Management (CRM)

Contrast transaction-based marketing with relationship marketing.

Identify and explain the four basic elements of relationship marketing, as well

as the importance of internal marketing

Identify the three levels of the relationship marketing continuum.

Explain how firms can enhance customer satisfaction.

Describe how companies build buyer-seller relationships.

Explain customer relationship management (CRM) and the role of technology in

building customer relationships.

Describe the buyer-seller relationship in business-to-business marketing and

identify the four types of business partnerships.

Describe how business-to-business marketing incorporates national account

selling; electronic data interchange and Web services; vendor-managed

inventories; collaborative planning, forecasting, and replenishment; managing

the supply chain; and creating alliances.

Identify and evaluate the most common measurement and evaluation

techniques within a relationship marketing program.

Unit Four: (Chapters 12 & 13) Product Decisions

Chapter 12: Product and Service Strategies

Define product and distinguish between goods and services and how they relate

to the goods-services continuum.

Outline the importance of the service sector in today’s marketplace.

List the classifications of consumer goods and services and briefly describe each

category.

Identify each of the types of business goods and services.

Discuss how quality is used by marketers as a product strategy.

Explain why firms develop lines of related products.

Describe the way marketers typically measure product mixes and make product

mix decisions.

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Explain the concept of the product life cycle.

Discuss how a firm can extend a product’s life cycle, and explain why certain

products may be deleted.

Chapter 13: Developing and Managing Brand and Product Categories

Determine how to define a brand.

Identify the different types of brands.

Explain the strategic value of brand equity.

Explain the benefits of category and brand management

Discuss how companies develop a strong identity for their product or brand.

Identify and briefly describe each of the new-product development strategies.

Describe the consumer adoption process.

List the stages in the new-product development process.

Explain the relationship between product safety and product liability.

Unit Five: (Chapters 14 & 15) Distribution Decisions

Chapter 14: Marketing Channels and Supply Chain Management

Describe the types of marketing channels and the roles they play in marketing

strategy.

Outline the major channel strategy decisions.

Describe the concepts of channel management, conflict, and cooperation.

Identify and describe the different vertical marketing systems.

Explain the roles of logistics and supply-chain management in an overall

distribution strategy.

Identify the major components of a physical distribution system.

Compare the major modes of transportation.

Discuss the role of transportation intermediaries, combined transportation

modes, and warehousing in improving physical distribution.

Chapter 15: Retailers, Wholesalers, and Direct Marketers

Explain the wheel of retailing.

Discuss how retailers select target markets.

Show how the elements of the marketing mix apply to retailing strategy.

Explain the concepts of retail convergence and scrambled merchandising

Identify the functions performed by wholesaling intermediaries.

Outline the major types of independent wholesaling intermediaries and the

appropriate situations for using each.

Compare the basic types of direct marketing and non-store retailing.

Describe how much the Internet has altered the wholesaling, retailing, and

direct marketing environments.

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Unit Six: (Chapters 16 & 17) Promotional Decisions

Chapter 16: Integrated Marketing Communications, Advertising, and

Public Relations

Define integrated marketing communications and explain how it relates to the

development of an optimal promotional mix.

Describe the communication process and how it relates to the AIDA concept.

Identify the elements of the promotional mix.

Name the three major advertising objectives and the two basic categories of

advertising.

Identify the major advertising strategies and the process of creating an

advertisement.

Describe the major types of advertising appeals, and discuss their uses.

List and compare the major advertising media.

Chapter 17: Personal Selling and Sales Promotion

Describe the role of today’s salesperson.

Describe the four sales channels.

Describe the major trends in personal selling.

Identify and briefly describe the three basic sales tasks.

Outline the seven steps in the sales process.

Identify the seven basic functions of a sales manager.

Explain the role of ethical behavior in personal selling.

Describe the role of sales promotion in the promotional mix, and identify the

different types of sales promotions.

Unit Seven: (Chapters 18 & 19) Pricing Decisions

Chapter 18: Pricing Concepts

Outline the legal constraints on pricing.

Identify the major categories of pricing objectives.

Explain price elasticity and its determinants.

List the practical problems involved in applying price theory concepts to actual

pricing decisions.

Explain the major cost-plus approaches to price setting.

List the chief advantages and shortcomings of using breakeven analysis in

pricing decisions.

Explain the use of yield management in pricing decisions.

Identify the major pricing challenges facing online and international marketers.

Chapter 19: Pricing Strategies

Compare the alternative pricing strategies and explain when each strategy is

most appropriate.

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Describe how prices are quoted.

Identify the various pricing policy decisions that marketers must make.

Relate price to consumer perceptions of quality.

Contrast competitive bidding and negotiated prices.

Explain the importance of transfer pricing.

Compare the three alternative global pricing strategies.

Relate the concepts of cannibalization, bundle pricing, and bots to online pricing

strategies.

THIS SYLLABUS IS TENTATIVE AND SUBJECT TO CHANGE