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MODULE SPECIFICATION COVER SHEET 1. Title of the module Marketing 2. School or partner institution which will be responsible for management of the module Canterbury College 3. The level of the module (e.g. Level 4, Level 5, Level 6 or Level 7) Level 4 4. The number of credits and the ECTS value which the module represents 15 (7.5 ECTS) 5. Which term(s) the module is to be taught in (or other teaching pattern) Autumn 6. Prerequisite and co-requisite modules None 7. The programmes of study to which the module contributes HND Business (all pathways) 8. The intended subject specific learning outcomes. On successfully completing the module students will be able to: 1 Investigate the concept and process of marketing 2 Explore the concepts of segmentation, targeting and positioning 3 Identify and analyse the individual elements of the extended marketing mix 4 Apply the extended marketing mix to different marketing segments and contexts. 9. The intended generic learning outcomes. On successfully completing the module students will be able to: 1. Ability to identify and knowledge of, underlying concepts and principals 2. Ability to evaluate and interpret underlying concepts and principals 3. Ability to communicate the results of their study/work accurately and reliably 10. A synopsis of the curriculum 1 Concept and process of marketing Definitions: alternative definitions including those of the Chartered Institute of Marketing and the American Marketing Association, satisfying customers’ needs and wants, value and satisfaction, exchange relationships, the changing emphasis of marketing Marketing concept: evolution of marketing, business orientations, societal issues and emergent philosophies, customer and competitor orientation, efficiency and effectiveness, limitations of the marketing concept Marketing process overview: marketing audit, integrated marketing, environmental analysis, SWOT analysis, marketing objectives, constraints, options, plans to include target markets and marketing mix, scope of marketing Costs and benefits: benefits of building customer satisfaction, desired quality, service and customer care, relationship marketing, customer retention, customer profitability, costs of too narrow a marketing focus, total quality marketing MODULE SPECIFICATION 2 Segmentation, targeting and positioning Macro-environment: environmental scanning, political, legal, economic, socio-cultural, ecological and technological factors Micro-environment: stakeholders (organisation's own employees, suppliers, customers, intermediaries, owners, financiers, local residents, pressure groups and competitors), direct and indirect competitors, Porter’s competitive forces Buyer behaviour: dimensions of buyer behaviour, environmental influences, personal variables, motivation, perception and learning, social factors, physiological stimuli, attitudes, other lifestyle and lifecycle variables, consumer and organisational buying Segmentation: process of market selection, macro and micro segmentation, bases for segmenting markets i.e. geographic, demographic, psychographic and behavioural; multivariable segmentation and typologies, benefits of segmentation, evaluation of segments and targeting strategies, positioning, segmenting industrial markets, size, value, standards, industrial classification 3 Extended marketing mix Product: products and brands - features, advantages and benefits, the total product concept, product mix, product life-cycle and its effect on other elements of the marketing mix, product strategy, new product development, adoption process Place: customer convenience and availability, definition of channels, types and functions of intermediaries, channel selection, integration and distribution systems, franchising, physical distribution management and logistics, ethical issues Price: perceived value, pricing context and process, pricing strategies, demand elasticity, competition, costs, psychological, discriminatory, ethical issues Promotion: awareness and image, effective communication, integrated communication process - (SOSTT + 4Ms), promotional mix elements, push and pull strategies, advertising above and below the line including packaging, public relations and sponsorship, sales promotion, direct marketing and personal selling, branding, internet and online marketing The shift from the 4Ps to the 7Ps: product-service continuum, concept of the extended marketing mix, the significance of the soft elements of marketing - people, physical evidence and process management 4 Different marketing segments and contexts Consumer markets: fast-moving consumer goods, consumer durables, co-ordinated marketing mix to achieve objectives Organisational markets: differences from consumer markets, adding value through service; industrial, nonprofit making, government, re-seller Services: nature and characteristics of service products — intangibility, ownership, inseparability, perishability, variability, heterogeneity — the 7Ps, strategies, service quality, elements of physical product marketing, tangible and intangible benefits 2 Module Specification Template (September 2015) MODULE SPECIFICATION International markets: globalisation, standardisation versus adaptation, the EU, benefits and risks, market attractiveness, international marketing mix strategies 11. Reading List (Indicative list, current at time of publication. Reading lists will be published annually) Brassington F and Pettitt S. (2003) Principles of Marketing, 3rd edition, London:FT Prentice Hall, Jobber D. (2007) Principles and Practice of Marketing, 5th edition, New York:McGraw Hill, 12. Learning and Teaching methods Each HND Business module accrues 15 credits and equates to a total learning time of 150 hours. Students will be expected to undertake approximately 105 hours of independent study, including required reading, study, research and completing assignments. There will be a total of 45 hours class contact time. This will involve a combination of lectures, exercises and learning activities. Students are expected to be active participants in discussions, activities and presentations. The application of theory to practice is an essential element in the development of the students and will be fostered and enhanced by the practical application of theory to work place related events. 13. Assessment methods. Method of assessme nt Individual Written Assignment Learning Outcome Weig hting Words length Outline details Subject Specific Learning Outcomes 40% 2000w ords Students will complete an individual written assignment to 2000 words that will require them to critically reflect on the learning outcomes identified and apply them to the group task. 1. Investigate the concept and process of marketing 2. Explore the concepts of segmentation, targeting and positioning Generic Learning Outcomes a) Ability to identify and knowledge of, underlying concepts and principals 3 Module Specification Template (September 2015) MODULE SPECIFICATION 14. Group Presentation Subject Specific Learning Outcomes 4000 Words 60% 3. Identify and analyse the individual elements of the extended marketing mix Students will complete a Group presentation equivalent to 4000 words that will require them to apply the range of topics covered within this module to identified contexts. 4. Apply the extended marketing mix to different marketing segments and contexts. Generic Learning Outcomes b) Ability to evaluate and interpret underlying concepts and principals c) Ability to communicate the results of their study/work accurately and reliably Map of Module Learning Outcomes (sections 8 & 9) to Learning and Teaching Methods (section12) and methods of Assessment (section 13) Module learning outcome 8.1 8.2 8.3 8.4 9.1 9.2 9.3 X X X Learning/ teaching method Hours allocated Self- Directed Study 105 X X X X Lectures 15 X X X X Seminars 30 X X X X Individual Written Assignment 2000 X X Group Presentation 4000 X X X X X X Assessment method 15. X X X The Collaborative Partner recognises and has embedded the expectations of current disability equality legislation, and supports students with a declared disability or special educational need in its teaching. Within this module we will make reasonable adjustments 4 Module Specification Template (September 2015) MODULE SPECIFICATION wherever necessary, including additional or substitute materials, teaching modes or assessment methods for students who have declared and discussed their learning support needs. Arrangements for students with declared disabilities will be made on an individual basis, in consultation with the Collaborative Partner’s disability/dyslexia student support service, and specialist support will be provided where needed. 16. Campus(es) or Centre(s) where module will be delivered: Canterbury College If the module is part of a programme in a Partner College or Validated Institution, please complete sections 17 and 18. If the module is not part of a programme in a Partner College or Validated Institution these sections can be deleted. 17. Partner College/Validated Institution: Canterbury College 18. University School responsible for the programme: Kent Business School FACULTIES SUPPORT OFFICE USE ONLY Revision record – all revisions must be recorded in the grid and full details of the change retained in the appropriate committee records. Date approved Major/minor revision Start date of the delivery of revised version Section revised Impacts PLOs (Q6&7 cover sheet) 06/06/16 Minor September 2016 13,14 No 5 Module Specification Template (September 2015)