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Subject Code MM5762 Subject Title Marketing Management Credit Value 2 Level 5 Normal Duration 1-semester Exclusion Marketing Management (MM576) Role and Purposes This subject contributes to the achievement of the MBA Outcomes by enabling the students to apply concepts (MBA Outcome 1) and think critically and creatively (MBA Outcome 2) with respect to marketing decisions and activities. It helps the students to develop a global outlook (MBA Outcome 6) and introduces them to the ethical issues (MBA Outcome 7) which arise in respect of marketing. Students’ ability to communicate effectively (MBA Outcome 3) will also be developed and assessed in the course of the subject. Subject Learning Outcomes Upon completion of the subject, students will be able to: a. design marketing activities in an organization, and assess their impacts on marketing performance in a global setting; b. develop strategies to achieve marketing objectives; c. apply market segmentation, targeting and positioning with optimal marketing mix; d. communicate marketing strategies effectively; e. explore the ethical issues which arise in respect of marketing. Subject Synopsis/ Indicative Syllabus The Scope of Marketing Exchange and transactions, company orientations towards the marketplace and the fundamental marketing concepts, trends and task. Marketing ethics, codes of conduct and social responsibilities. Developing Marketing Strategies and Plans The value creation process and chain. Core competencies. A Holistic Marketing Orientation and Customer Value. The central role of planning. Gathering Information and Scanning the Environment Analyzing the global and macro environment. The Marketing Information System. Conducting marketing research and forecasting demand. Creating Customer Value Building customer value, satisfaction and loyalty and cultivating customer relationship. Analyzing Consumer and Business Markets Segmentation, market targeting and positioning. Building a strong branding strategy. Developing the Marketing Mix Setting the product, price, promotion and place strategies. 1 Teaching/Learning Methodology Assessment Methods in Alignment with Intended Learning Outcomes Each class will consist of lecture and class discussion on current marketing issues, guided readings, and/or assigned case studies. Students are expected to make group presentations and to prepare and participate in all class discussions. Specific assessment methods/tasks % Intended subject learning outcomes to be weighting assessed (Please tick as appropriate) a. b. c. d. e. Continuous Assessment* 50% 1. Individual Essay 25% 2. Group Project 25% Examination 50% Total 100 % *Weighting of assessment methods/tasks in continuous assessment may be different, subject to each subject lecturer. To pass this subject, students are required to obtain Grade D or above in both the Continuous Assessment and Examination components. Explanation of the appropriateness of the assessment methods in assessing the intended learning outcomes: Students will be required to analyze and write reports based on group projects and/or case studies (MBA Outcome 1). The presentation, the report and other written assignments will improve their critical thinking (MBA Outcome 2) and effective communication (MBA Outcome 3). The examination will also require students to demonstrate a global outlook (MBA Outcome 6) and identify the ethical issues which arise in respect of marketing activities (MBA Outcome 7). Student Study Effort Expected Class contact: Lectures and in-class work 24 Hrs. Other student study effort: Self-study 36 Hrs. Group work 36 Hrs. Total student study effort Reading List and References 96 Hrs. Textbook: Philip Kotler, Kevin Lane Keller, Swee Hoon Ang, Siew Meng Leong and Chin Tiong Tan (2012) “Marketing Management – An Asian Perspective”, Pearson Education (6/e) Reference Books: Kotler, Philip and Keller, Kevin (2012) Marketing Management, 14/e, Pearson. 2