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Course Outline MKT6002 T5 B20-22
Course Outline MKT6002 T5 B20-22
PART 1
INTRODUCTION
Business Markets are much larger than the consumer markets and includes commercial
enterprises, not for profit organizations, government, and other institutions. Business
Markets have a key role in wealth creation for the country. It is important for business
leaders to have a thorough understanding and knowledge of the way business markets
operate. Marketers addressing the business market need to possess high achievement
orientation, and in-depth knowledge of the supplier-client interdependence in the business
world. They also should be able to appreciate the diversity in the cultures of various clients.
Managing business relations with utmost sensitivity to ethical practices in several areas of
business is a major challenge one must face. In this course, students examine the
importance as well as the impact of marketing products and services to other businesses
and organizations in the economy, the unique nature of business customer's needs, and the
different marketing strategies that needs to be designed to meet such unique needs.
3. To expose students to broad concepts of working with and marketing for business to
business companies.
1
COURSE LEARNING OUTCOMES (CLO)
Upon completion of this course, the students will be able to
CLO 1: Apply business marketing techniques in managerial decision making to solve
organaizational problems (PLG 2)
CLO 2: Demonstrate ability to prepare comprehensive competitive bids in the context of
business markets (PLG 1)
COURSE CONTENT
Dimensions and Environment of Business Marketing, Derived Demand concept
Business Buying Process and Buyer Behavior, Segmenting Business Markets
Business Marketing Mix Elements – Product, Price, Place & Promotion
Understanding of important concepts and process of developing bids in B2B markets
3. Sarin Sharad, Business Marketing – Concepts & Cases, McGraw Hill Publication
POLICY ON PLAGIARISM:
Plagiarism of any kind and to any extent would attract penalties. The assessment would be
‘zero’ for the particular component, with no further opportunity to improve. Repetition of
the offence would result in failure in the course.
2
ASSESSMENT SCHEME AND WEIGHTAGE:
(a) END-TERM
Weightage Duration
Evaluation Open/Closed Book CLO Tested
(%) (in minutes)
Evaluation Unit of
S. No. Weight Time CLO
type Evaluation
Direct or Indirect
5 Individual 10% Session 19 CLO 1
Assignment
3
PART 2: SESSION PLAN
Readings Additional
Session Topic(s) Pedagogy from Text Readings
book
Course Overview
1 Lecture Chap-1 -
Introduction to Business Marketing
QUIZ 1 (WT-7.5%)
4
Readings Additional
Session Topic(s) Pedagogy from Text Readings
book
QUIZ 2 (WT-7.5%)
5
PLG MAPPING FOR THE COURSE
Addressed
CLO
PLG# Programme Level Learning Goal by Course?
No.
(Yes / No)
Application of Fundamentals
PLG1 Traits: Demonstrate application of functional / conceptual knowledge Yes CLO 2
to business situations
Problem Identification and Solution
PLG2 Traits: Demonstrate ability to identify a problem, critically assess Yes CLO 1
various alternatives and suggest appropriate solution
Integrative Thinking
Traits: Demonstrate ability to identify inter-linkages among functional
PLG3 No NA
areas within an enterprise and assess the impact of external
environment on its performance
Effective Communication
PLG4 No NA
Traits: Demonstrate proficiency in Oral and Written Communication
Ethical Responsibility
PLG5 Traits: Demonstrate awareness and assess impact of ethical behavior No NA
on business
Leadership
PLG6 Traits: Demonstrate capability to take leadership role in a business No NA
situation
Not applicable