Marketing Management
Code | School | Level | Credits | Semesters |
BUSI2172 | Business | 2 | 20 | Autumn UK |
- Code
- BUSI2172
- School
- Business
- Level
- 2
- Credits
- 20
- Semesters
- Autumn UK
Summary
This module is designed to focus on the strategic and operational aspects of marketing management. It will examine: understanding the marketing concept; the role of marketing within business and its contribution to business performance and enhancing value; developing marketing strategy; segmentation, targeting and positions; managing the marketing mix; and planning and implementation.
Target Students
Part I and Part II Business School students and Part I Geography with Business or Part I Modern Languages with Business students.Also available to exchange students.
Classes
- One 3-hour lecture each week for 11 weeks
Lectures: 33 hours Seminar preparation: 24 hours Support reading: 68 hours Examination revision: 60 hours Total: 185 hours
Assessment
- 30% Project: Group (2,500)
- 70% Exam (2-hour): ExamReassessment of this module is 100% exam
Assessed by end of autumn semester
Educational Aims
The aims of this module are: to introduce the concept of marketing as an approach to business; to discuss the nature of marketing strategy; to investigate the challenges of managing the marketing mix; and to understand how the application of the principles of marketing can assist in the strategic management of an organisation.Learning Outcomes
Knowledge and Understanding
• The dynamic and changing nature of business and the consideration of the furture of organisations within the global business environment, including the management of risk.
• The development, access and operation of markets for resources, goods and services.
• The management of customer expectations, relationships and development of service excellence.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.
• The development of appropriate policies and strategies within a changing environment to meet stakeholders interests.
• The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues.
• The different approaches for segmentation, targeting, positioning, generating sales and the need for innovation in product and service design.
• The design, development of organisations, including cross-cultural issues, change, diversity and values.
• The development of strategic priorities to deliver business at speed in an environment where digital technology has reshaped traditional revenue and business models.
Intellectual skills
• The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
• The ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making.
• Conceptual and critical thinking, analysis, synthesis and evaluation.
Professional practical skills: This module develops:
• Commercial acumen based on an awareness of the key drivers for business success, causes of failure and the importance of providing customer satisfaction and building customer loyalty.
Transferable (key) skills: This module develops:
• Communication and listening including the ability to produce clear, structured business communications in a variety of media.
• Self- management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time.
• Ability to work collaboratively both internally and with external customers and an awareness of mutual interdependence.
• Articulating and effectively explaining information.