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Fundamentals of Marketing
Fundamentals of Marketing
Fundamentals of Marketing
[Fundamentals of Marketing]
COURSE DISTRIBUTION
Program(s) Attached To BBA
Core / Elective Core
Course Pre-requisites Business Connections / Introduction to Business
COURSE DESCRIPTION
Fundamentals of Marketing is a core course offered to students of Business administration. The course is designed to
understand the process of value creation through creating improved goods and services for achieving company goals
and fulfill consumer needs and wants. The course provides an understanding of fundamental concepts of Marketing
and interrelation of elements required by managers to understand consumer behavior, segmentation, target market,
positioning and analyze marketing mix. Students will learn about marketing skills and application in local as well as
global context that benefit organizations in accomplishing them their market share and growth while staying ahead of
competitors. The course will open avenues for participants in the field of Marketing that spearheads the 21 st century
corporate organizations.
COURSE OBJECTIVES
The course aims to:
Explain the basic fundamental concepts of marketing and elaborate marketing mix.
CO1:
CO2: Understand the consumer buying behavior, consumer decision making process.
Familiarize with the elements of marketing mix (Product, Price, Place and Promotion) and developing a
CO3:
market offering.
Formulate new ideas for competitive marketing that are actionable in the local as well as International
CO4:
market.
Describe and discuss the basics of competitive marketing strategy and evaluate marketing decisions
CO5:
besides suggesting improvements.
Discuss the relationship of internal and external environmental functions and their impact on an
CO 6:
organization
Skill Development
Have the managerial, leadership, and interpersonal skills needed to effectively and efficiently run the
PLO2:
business operations.
Communication Skills
PLO3:
Be able to effectively communicate with stakeholders .
Understanding Organizational Ecosystem
PLO4: Manifest an understanding of the economic, legal, regulatory, technological, and social environment of the
organizations.
Application
PLO5:
Have the capability to apply the knowledge and skills acquired during their degree program
Ethical Considerations
PLO6:
Behave ethically and be conscientious towards their moral and social responsibilities
Improvisation and Proactiveness
Be able to formulate strategies to achieve the objectives through contingency planning, wherever the
PLO7: conventional measures do not work.
Problem Solving
PLO8: Be able to identify and analyze practical organizational problems to devise solutions with sound reasoning.
Team Work
Be a team player leading to produce the
PLO9: results and achieve the set targets.
Decision Making
PL10: Have the capacity and competence to take initiatives and make sustainable decisions.
Value Addition
Be able to add value to the organizations, self-employed endeavors, and society.
PLO11:
Entrepreneurial Orientation
Be able to think critically to develop and implement creative and innovative ideas, contributing to the
PLO15:
economy and society.
Research
PLO16: Be able to conduct scientific business research.
Continuous Learning
PLO17: Reflect willingness and eagerness for continuous improvement and lifelong learning.
Map if course objectives or outcomes specifically relate to any program objectives (along with corresponding assessment item):
ASSESSMENT STRUCTURE
Assessment Items Percentage
Quiz(s) (3) 06 %
Assignments(s) (3) 06 %
Class Participation (4) 08 %
Midterm Examination 20 %
Final Examination 40 %
Project/Presentation 20 %
Other(s)
Assignments
Periodical submissions to gage the familiarity and learning of the students by applying the concepts.
Guest Speakers
CLO 5&6 CO 3
Product, Services & Brands: (Product &
17
Service Differentiation & building it into a
brand.
Product, Services & Brands: (Product & CLO 5&6 CO5 &6
18 Service Differentiation & building it into a
brand
19 Case Study CLO 5&6 Co5&6
32 Final Term
LEARNING RESOURCES
Books:
[Text]:
Principles of Marketing” by Philip Kotler, 17th Edition, PEARSON 2019.
[Reference Book]: