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THE CHINESE UNIVERSITY OF HONG KONG INTERNATIONAL SUMMER SCHOOL (JULY SESSION) Preliminary (January 2017) 28 JUNE – 31 JULY 2017 Course MKTG2010 Marketing Management Class Time 14:30-17:15 Tue, Wed, Thur Class Location Email TBC Professor Durairaj Maheswaran Paganelli-Bull Professor of Marketing and International Business Stern School of Business, New York University Visiting Professor, The Chinese University of Hong Kong To be provided Teaching Assistant TBC Teacher Course Description This course is devoted to the study of the management of marketing functions, the analysis of external forces affecting marketing decision making, the implementation and control of marketing activities, and an examination of the global impact of marketing. Course objectives include the development of students’ understanding of the fundamental concepts underlying the selection and assessment of markets and the development and delivery of products, an investigation of the role and contribution of marketing to the conduct of successful business operation and to society, and to develop student abilities in identifying marketing opportunities and viable marketing strategies. Course Objectives The focus on marketing is critical to the survival and success of any corporation. This course will provide you with a framework for applying a variety of marketing tools and concepts in the conduct of business. This course will examine the major marketing issues facing companies that do business both domestically and in the global marketplace. The specific course objectives are: 1. To develop a framework of basic marketing concepts. 2. To introduce students to the elements of marketing mix and their implementation in the marketplace. 3. To provide opportunities to develop communication skills and team work skills that are necessary to be a successful marketing person. 4. To acquaint students with the available sources of information on markets and marketing. 5. To enhance student abilities to identify and evaluate marketing opportunities abroad. 6. To exercise student abilities to develop a comprehensive marketing plan 7. To familiarize students with the critical issues in designing and managing the marketing operations of major corporations. Course Mechanics Lectures Lectures will be used to introduce new tools, frameworks and concepts that are important for conducting a thorough marketing analysis. These lectures will be interactive rather than a simple monologue. Cases Cases are descriptions of real-world business situations, which provide opportunities to define and develop marketing strategies and plans. Case analyses will be used to illustrate how marketing concepts apply to these complex situations. The case method is the most effective means of developing decision-making capabilities. It helps to develop a process of thinking that leads to informed decisions. In addition, case discussions provide opportunities to develop critically important communication skills. Your contribution to each case discussion ISS2017_MKTG2010_20170123 P.1 of 4 will be evaluated during each class. Videos We will watch a video on the topic discussed during each session. These videos will provide real life examples of the concepts learned in the lecture. The videos will be discussed in class. The students are expected to take notes since there will be questions in the examinations based on the videos. Required Textbook (Core text for the course, to be included in the ISS booklist) The textbook is Philip Kotler and Gary Armstrong Principles of Marketing, 16th global edition, 2016: Pearson Education. It provides a broad overview of most topics as well as many references to important articles. You are not responsible for all of the details of the book. However, you should be comfortable with applying its major concepts. This is a recommended text book and the lectures will not directly follow from the text book. Reading(s)/Reference(s) (Additional readings recommended for the course, NOT to be included in the ISS booklist) Grading Weights Students will be evaluated on their performance in the following: Class Participation Class Exercises Team Project* Final Exam* 15% 20% 35% 30% Class Participation (15%) You are expected to actively participate in the class. Attend class regularly and on time. You are expected to contribute the learning process by expressing your views and discussing the views presented by your colleagues. You are expected to follow the honor code and be a responsible participant in the class. No late submissions or extra credits are encouraged. Group exercises should be taken seriously and each individual should contribute equally to the group exercises. Please bring your name card to the class daily and display it for identification. Class Exercises (20%) The students will be given SIX sets of assignments based on the class lectures. These assignments will consist of short answers and simple applications of the concepts discussed in the class. The class will be divided into groups of five members each. You can select your own group members. The professor will lecture on the topic of the day for about one hour and fifteen minutes. Students will be given a handout of the lecture outline prior to the class to facilitate selective reading of the textbook in conjunction with the lecture. The class will then take a short ten minutes break. When the class reassembles, the groups will separate and work on an applications case/assignment based on the lecture given earlier in the session. The groups will have about 30 minutes to discuss the issues raised in the case/assignment and come up with solutions. Each case/assignment will have specific questions and right answers. At the end of thirty minutes, the professor will present the questions and invite a group at random to discuss the questions. The questions will be discussed to ensure the relevant lessons were communicated to everyone in the class. Each group will be asked to score the correct answers for their group and return the solution sheet to the professor. The points will be tracked and the groups will be ranked based on their scores. At the end of each class, the ranking will be announced. The best of FIVE scores will be taken with each contributing to 4 % of the grade. All group members will be given the same grade. The group members will prepare for the class exercise in advance by reading the relevant book chapters and handouts to be discussed in class. Team Presentation/Report (15 + 20%) The class will be divided in to teams with each having about 4-5students. These teams are the same as the teams for the class exercises. Each team will select a product or service and prepare a strategic marketing ISS2017_MKTG2010_20170123 P.2 of 4 plan for a firm of its choosing and make marketing recommendations to management. The format for the plan will be the same as the course outline. Teams will make oral presentations on the last session of the class. The teams will also prepare 2-3 page double spaced report discussing the critical points of your marketing plan. You can include up to 10 additional pages of tables, figures and exhibits. This report will form the basis of your presentation. Final Examination (30%) There will be one final examination at the end of the module. It will be designed to ensure that the students have understood the concepts and the framework discussed in class. This examination will be comprehensive and based on class notes, discussion and the assigned text book chapters. Teacher Student Interaction If at any point during the course you have questions regarding the presentation of cases, exams, and other course related issues, please contact the teacher either by phone or in person. Group Evaluation Group members will evaluate each of their colleagues on the extent of contribution. If a group member is not putting in his/her share of time or make the expected contribution, he/she must first be given a warning. If the behavior pattern continues, other member should then provide the feedback on the group evaluation form (to be given later). The errant group member will then receive a proportionately lower grade for the case. However, at least two members of the same group should converge on the ratings of unequal performance. An evaluation form is attached to the syllabus. However, if the group functions well, there is no need for evaluation. Assignments and Policies Honesty in Academic Work: Attention is drawn to University policy and regulations on honesty in academic work, and to the disciplinary guidelines and procedures applicable to breaches of such policy and regulations. Details may be found at http://www.cuhk.edu.hk/policy/academichonesty/. With each assignment, students will be required to submit a signed declaration (http://www.cuhk.edu.hk/policy/academichonesty/Eng_htm_files_(2013-14)/p10.htm) that they are aware of these policies, regulations, guidelines and procedures. • In the case of group projects, all students of the same group should be asked to sign the declaration, each of whom is responsible should there be any plagiarized contents in the group project, irrespective of whether he/she has signed the declaration. • For assignments in the form of a computer-generated document that is principally text-based and submitted via VeriGuide (http://www.cuhk.edu.hk/veriguide), the statement, in the form of a receipt, will be issued by the system upon students' uploading of the soft copy of the assignment. Assignments without the properly signed declaration will not be graded by teachers. Only the final version of the assignment should be submitted via VeriGuide. The submission of a piece of work, or a part of a piece of work, for more than one purpose (e.g. to satisfy the requirements in two different courses) without declaration to this effect shall be regarded as having committed undeclared multiple submission. It is common and acceptable to reuse a turn of phrase or a sentence or two from one’s own work; but wholesale reuse is problematic. In any case, agreement from the course teacher(s) concerned should be obtained prior to the submission of the piece of work. ISS2017_MKTG2010_20170123 P.3 of 4 Class Schedule Week Date Topics Readings/Assignment Weekly theme, if any 1 1 Wed, June 28 2 Thu, June 29 Introduction Prentice Machine Tools Segmentation Gillette Chapter 1 Chapter 2 Weekly theme, if any 3 Tue, July 4 2 4 Wed, July 5 5 Thu, July 6 Consumer Behavior Liquid Detergent Chapter 5 Marketing Research Dog Dilemma Diffusion of Innovation/PLC Class Exercise # 1 Chapter 4 Chapter 9 Weekly theme, if any 6 Tue, July 11 3 7 Wed, July 12 8 Thu, July 13 Product Strategies Class Exercise #2 Pricing Strategies Class Exercise #3 Distribution Class Exercise #4 Chapter 8 Chapter 11 Chapters 12 Weekly theme, if any 9 Tue, July 18 4 10 Wed, July 19 11 Thu, July 20 Advertising Management Class Exercise # 5 Advertising Management Class Exercise # 6 Global Marketing Chapter 15 Chapter 19 Weekly theme, if any 5 12 Tue, July 25 13 Wed, July 26 Global Marketing 14 Thu, July 27 Final Examination Marketing Plan Presentations ISS2017_MKTG2010_20170123 P.4 of 4