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MARKETING FUNDAMENTALS

MAR - 3023 - 5477
MARKETING FUNDAMENTALS
SUMMER SEMESTER - 2003

INSTRUCTOR: Dr. Richard Sjolander
Office: Bldg. 53/Room 140
Phone: 474-2663

OFFICE HOURS:
Tuesday and Thursday
1:00 PM - 3:00 PM
Other times by appointment

CLASS: Tuesday & Thursday 8:00 - 11:25

TEXT: Zikmund, William G., and Michael d’Amico (2001), Marketing,
7th Edition, South-Western College Publishing.
Additional readings will be placed on reserve at the UWF library.

RECOMMENDED: The Wall Street Journal

READINGS: On reserve in the Library - about 150 pages - These materials
will be placed on reserve throughout the term, as needed. Other current
readings from the business press will be distributed in class.
LIBRARY RESERVE
.

POWERPOINT HANDOUTS:

Chapter 1 Chapter 2
Chapter 3, Part 1 Chapter 3, Part 2
Chapter 4 Chapter 5
Chapter 6 Chapter 7
Chapter 8 Chapter 9
Chapter 10

Chapter 11

Chapter 19 Chapter 20
Chapters 12 & 14 Chapter 13
Chapter 15 Chapters 16 & 18
Chapter 17  

COURSE ASSIGNMENTS:

Assignment 1: Due May 15 Assignment 2: Due May 29
Assignment 3: Due June 5 Assignment 4: Due June 10

COURSE COMMUNICATION: Any additional information for students during the semester will be sent to them via their university e-mail accounts. Activation of these accounts is the responsibility of the student.

INTRODUCTION:
Marketing, by its very nature, is familiar to everyone at one level or another. We are all consumers, participants in market transactions. In this course we will cover a combination of terminology and basic theoretical concepts of marketing. You have seen much marketing in action in your daily lives. You will have the opportunity in this class to explore the strategy behind marketing behavior.

PREREQUISITES:
This course is a bridge course between the lower division and the upper division course work at the university. Students should have completed at least 45 semester hours of work, including the 2000 level series in economics and accounting prior to enrolling in this course.

COURSE OBJECTIVES:
This course is intended to respond to the need for future U.S. business managers to be literate with the terminology of marketing. The basic course objective is to create a global marketing perspective for students, and some understanding of the strategy and tactics of market oriented organizations.

COURSE METHOD:
A lecture approach with maximum student participation will be encouraged. Course lectures are intended to expand/clarify text assignments, supplemented with the use of films, outside speakers, and class assignments/analysis. Emphasis will be on the understanding and application of concepts, with opportunity provided for the student to demonstrate an understanding of the factors critical to the success of the organization.

STUDENT EVALUATIONS:
The following criteria will be used as the basis for evaluation of student performance/achievement, and weighted as indicated below in arriving at a final course grade:

FIRST EXAM 30%
ASSIGNMENTS 25%
FINAL EXAM 45%
Total 100%

The MIDTERM AND FINAL examinations will consist of short answer, true/false, and multiple choice questions. They will be designed to test your ability to analyze and synthesize the materials. Each test will include material from the lectures, textbook, and outside reading assignments. The final will be comprehensive.

Attendance for exams is specifically required. (Makeup exams will not normally be offered except in cases with extenuating circumstances.) One sheet (8 2 x 11) of notes may be brought to each exam.

GRADING POLICY
94 - 100% = A
90 – 93.99% = A-
87 – 89.99% = B+
83 – 86.99% = B
80 – 82.99% = B-
77 – 79.99% = C+
73 – 76.99% = C
70 – 72.99% = C-
67 – 69.99% = D+
63 – 66.99% = D
56 – 62.99% = D- Note that this is not an approved university grade and can not be received as a course grade. It is used on individual assignments as a measure of performance.

SETTING EXAM GRADES:

Grades will be assigned based on the number of correct answers (points) on each test in relation to the number of correct answers on the second highest test paper.

The highest score = A+

The second highest score = 100%

Example of grade calculation:
Observed points on test
66 highest number of points earned on test =
A+ (66/63) x 100% = 105%

63 = 100% (second highest observed score) (63/63) x 100% = 100%

Other observed scores:
58 = 92.06% (58 / 63) x 100% = 92.06%

56 = 88.9% (56 / 63) x 100% = 88.9%

52 = 82.5% (52 / 63) x 100% = 82.5%

COURSE EVALUATION:
Course and instructor will be evaluated using standard university student course evaluation forms. (Suggestions/critique on course/content/format welcomed at any point during course.)


SCHEDULE
MARKETING FUNDAMENTALS
SPRING - 2002- The Millennium Edition
Date Topic Assignment
May 6 Course Introduction: Description of the Course Contract
Reading day. No Lecture on this date
No pre-class assignment
May 8 Introduction to Marketing &
The Nature of the Marketing Process
Chapters 1 & 2 & 3
Reading 1: Levitt (1975) "Marketing Myopia"
Pass out Assignment 1, environmental work
May 13 The Macro-Environments of Business &
Focus on Demographics
Chapter 4 &
Reading 2&3: Miller (1995) "A Beginner's Guide to Demographics",
Business Week (1999) "Generation Y", and
Reading 4: Ricks (199?) Blunders in International Business, Chapters 1 and 5.
May 15 The Marketing Research Process & Introduction to Consumer Behavior Chapter 5 & 6
In class VIDEO: KEN DAVIS Products (McGrawHill Mkt Mgmt 4th ed, by Boyd.., #5)
Assignment 1 DUE
May 20 Consumer Behavior in relation to Markets (Cont. ), & Business Market Buying Behavior Chapter 6 (Continued) & 7
Pass out Assignment 2, segmentation
May 22 EXAMINATION I  
May 27 Market Segmentation
Targeting - Positioning
The Marketing Mix: Product and The Product Life Cycle
Chapters 8 & 9
Readings 5: Berggren and Nacher (2000) "Why Good Ideas Go Bust"
May 29 New Products & Services Chapter 10 & 11
Assignment 2 DUE
June 3 The Marketing Mix: Pricing Strategy Chapters 19 & 20, and
Appendix E
Pass out Assignment 3: Pricing Exercise #19 3-4
June5 The Marketing Mix:Place, Retailing and Wholesaling & Channel Relationships Chapters 12,
Chapter 13 p 384-400, and Chapter 14 p 419-434
In class VIDEO: Red Roof Inn (Mktg, by Zikmund, # 15)
Assignment 3 DUE
Pass out Assignment 4, advertising
June 10 The Marketing Mix: Promotion, Advertising and Public Relations, Personal Selling Chapter 15, 16, 18, and
Chapter 17 p 521-534,
Reading 6: Hammonds (1999) "How We Sell"
In class VIDEO: Selling/Closing tech. (Zikmund #18)
Assignment 4 DUE
June 12 FINAL EXAM  


READINGS:
Reading # 1: Levitt, Theodore (1975), "Marketing Myopia (With Retrospective Commentary)", Harvard Business Review, September/October.

Reading # 2: Miller, Berna (1995), "A Beginner’s Guide to Demographics," Marketing Tools, American Demographics, Inc: Ithaca

Reading # 3 Neuborne, Ellen (1999), "Generation Y," Business Week, (February 15).

Reading # 4 Ricks, David (199?), Blunders in International Business, Chapters 1 & 5,

Reading # 5 Berggren, Eric and Thomas Nacher (2000), "Why Good Ideas Go Bust," Management Review, (February).

Reading # 6 Hammonds, Keith (1999), "How We Sell," Fast Company, (November).

The UWF HONOR CODE is as follows:

EXPECTATIONS FOR ACADEMIC CONDUCT:

As members of The University of West Florida academic community, we commit ourselves to honesty. As we strive for excellence in performance, integrity -- both personal and institutional -- is our most precious asset. Honesty in our academic work is vital, and we will not knowingly act in ways which erode that integrity. Accordingly, we pledge not to cheat, nor to tolerate cheating, nor to plagiarize the work of other. We pledge to share community resources in ways that are responsible and that comply with established policies of fairness. Cooperation and competition are means to high achievement and are encouraged. Indeed, cooperation is expected unless our directive is to individual performance. We will compete constructively and professionally for the purpose of stimulating high performance and standards. Finally, we accept adherence to this set of expectations for academic conduct as a condition of membership in the UWF academic community.

Approved UWF Faculty Senate May 10, 1991

 

 

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