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Title: Managing Marketing Activities (M4.36) Level: 4 Credit value: 3 Learning outcomes (the learner will) Assessment criteria (the learner can) 1 1.1 Explain the differences between product and service marketing 1.2 Explain how the marketing mix is used to summarise the main factors involved in a marketing strategy 1.3 Evaluate a range of marketing strategies 2.1 Review the effectiveness of an organisation in identifying and segmenting consumer markets 2.2 Review the effectiveness of the marketing mix for a product or service in an organisation 2.3 Make recommendations for improving the management of marketing in an organisation 2 Understand the concepts involved in managing marketing Be able to review the effectiveness of marketing in an organisation Additional information about the unit Unit purpose and aim(s) To develop understanding of marketing management as required by a practising or potential middle manager. Details of the relationship between the unit and relevant national occupational standards or professional standards or curricula (if appropriate) Links to MSC 2004 NOS: C2, F9 Assessment requirements or guidance specified by a sector or regulatory body (if appropriate) Support for the unit from a sector skills council or other appropriate body (if required) Management Standards Centre (MSC) Location of the unit within the subject/sector classification system Business Management Unit guided learning hours 15 Awarded by City & Guilds. Managing marketing activities (M4.36) Version 1.0 (February 2016) 1 Additional Guidance about the Unit Indicative Content: 1 Marketing management as a process that allocates organisational resources to marketing activities and monitors and evaluates the use of those resources Using marketing management to increase customer base, improve organisational image, and to increase perceived value Environmental scanning and situation analysis Development, implementation and monitoring of a Marketing Plan Industrial and consumer market segmentation Product differentiation strategies The marketing mix and the extended marketing mix Product and service marketing and business-to-business marketing The product life cycle The generic strategy framework (Porter 1984) Marketing strategies such as generic, growth and innovation strategies Primary and secondary data collection and analysis Presentation of information to support recommendations 2 Awarded by City & Guilds. Managing marketing activities (M4.36) Version 1.0 (February 2016) 2