Professional Documents
Culture Documents
T1 - CO - MM-I - Batch 2022-24
T1 - CO - MM-I - Batch 2022-24
1. Course Information
Post Graduate Diploma in Management
2. Course Overview
Marketing lies as central to all business entities. The revenues and profits stream in from market
place and hence every member of a firm needs to understand its market place activities. MKT
101 has been designed to provide an introduction to the basic concepts of marketing to students
as applied to any organization of which they may be part of the course focuses on the
fundamental concepts of Marketing as a domain of study. It also addresses the significance of
Marketing as a field of practice and its salience for business entities, social institutions as well as
community at large.
During the course of studying MKT 10101, students will learn the concepts of marketing and its
function in society. They will acquire skill in identifying marketing opportunity out of happening
in the economy, society, government, technology and competition. They will understand the
‘consumer’ decision-making process and the major effects influencing consumer buying
behaviour.
The major objective of the course is to highlight the core marketing activities that interface
between the consumers and producers. Student should be able to define and explain marketing’s
role in creating value for a customer. The course focuses on equipping the students with the
knowledge of marketing mix related decisions along with focus on benefits of segmentation and
targeting and positioning.
CLO1
CLO2 I
CLO3 I
** I: Introduced; R: Reinforced; E: Emphasized
List of GAs*
GA 1: Self-initiative
GA 2: Deep discipline knowledge
GA 3: Critical thinking and Problem solving
GA 4: Humility, Team-Building and Leadership Skills
GA 5: Open and Clear Communication
GA 6: Global outlook
GA 7: Ethical competency and sustainable mindset
GA 8: Entrepreneurial and innovative
GA 1 GA 2 GA 3 GA 4 GA 5 GA 6 GA 7 GA 8
CLO1
CLO2
2 | Page
CLO3
* POs, CLOs & GAs stand for Programme Outcomes; Course Level Outcomes & Graduate Attributes,
respectively.
** The highlighted cells indicate the key differentiators.
Internet Resources
http://study.com/academy/topic/marketing-philosophies-and-ethics.html: This website offers an
introduction to marketing terminology and the types of market orientation. Lessons also explore
cause-related marketing and the social responsibility of corporations.
https://courses.lumenlearning.com/wmopen-introbusiness/chapter/the-role-of-customers-in-
marketing/
http://www.dmnews.com/: This website touts itself as “the go-to resource for innovative
marketers hungry for insight on results-driven strategies and trends to propel their multichannel
marketing forward.
http://study.com/academy/topic/managing-a-product-and-retailing.html: This website discusses
new product categories and their developmental stages along with product life cycles and classes
of product adopters.
http://marketingland.com/: This site offers internet marketing news, strategies, and tips on
analytics, email marketing, content marketing, mobile marketing, and social media marketing.
http://study.com/academy/topic/selling-and-pricing-strategy.html: This website explains such
terms as pricing cost, price selection and price elasticity.
https://www.coursera.org/lecture/uva-darden-advanced-business-strategy/creating-value-for-
stakeholders-9Ulfc
3 | Page
https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/the-
value-of-value-creation
https://www.tcs.com/finance-creating-stakeholder-value-lessons-from-leaders-blog
https://www.iveycases.com/ProductView.aspx?id=107189
Flip Videos
5. Assessment
4 | Page
really determined why the customer acted the way
she/he did.
Prepare a report briefly (5-6 pages) concisely for
interview for submission. You can be called upon
in the class for your key insights.
Assessment 2: Reflective notes/ Viva Voce 20 CLO1
Individual Reflective notes: Reflecting on the marketing
concepts that students have read and linking
theory with practice/reality/ Mind mapping
(*Reflective notes template shared)
Viva Voce. This will focus on evaluating the core
concepts of marketing and their application
covered in the course.
Assessment 3: STP Term Project: Students would select the firm 20 CLO2
for analyzing STP of that firm and suggest
Group
strategies for existing/ new product/ service.
7. Session Plan
5 | Page
A. A Two-hour Mini-Conclave (CXOs) – Online for all campuses: Marketing as a Business Function in
a Firm- The Changing View -
B. Hall of Fame: Alumni Interaction- Online for all campuses: The Marketing Jobs- Existing &
Evolving -
6 | Page
4. Marketing as a Flipped video: Class At the end of session, 1
philosophy & https://www.youtube. Discussion the student will be able
marketing orientations com/watch? to understand different
v=Wbtc1BOGhkQ marketing orientations
● Production concept
and clearly
● Product concept differentiate between
Refer chapter no. 1. marketing and selling.
● Selling concept
● Marketing concept
● Societal Marketing
Concept
5. Marketing & Emerging Flip videos (Ikea, Guest Talk 1 At the end of session, 1
Trends: Role of Tesco, M&S, HUL, the student will be able
sustainability as PepsiCo) to understand the
marketing value and challenges faced by
linkages of marketing firms during
department with other implementation of
departments sustainable marketing
strategies.
6. Analyzing the Refer chapter no.3 Class At the end of session, 2
Marketing Environment: Discussion the student will be able
Company’s to identify factors in
Microenvironment the company’s micro
and macro
environmental forces
and their effect on
organizations. Student
will be able to
internalize and apply
the knowledge of
environmental factors.
7. Analyzing the Environmental forces Class activity At the end of session, 2
Marketing Environment: analysis worksheet the student will be able
Company’s Macro to identify factors in
environment the company’s micro
Refer chapter no.3 and macro
environmental forces
and their effect on
organizations. Student
will be able to
7 | Page
internalize and apply
the knowledge of
environmental factors
8. Managing Marketing Refer chapter no.4 Class After the session the 2
Information to gain Discussion student shall be able to
consumer Insights appreciate the
importance of
gathering customer
insights and decoding
insights for effective
decision making
Module II: Consumer Markets and Buyer Behaviour
9. How do customers buy: Class At the end of session, 1,2
Major effects Discussion the student will be able
Refer chapter no.5
influencing consumer to understand how
buying behaviour customers buy through
buyer decision
process.
10. Buying Decision Experiential Class Activity At the end of session, 1,2
Behaviour and Buying Exercise: Purchase the student will be able
Decision Process decision Stages – will to identify the
be shared different factors
influencing consumer
decision process.
Refer chapter no.5
11. Business Buyer Refer chapter no.6 Debate & At the end of session, 1,2
Decision Process Discussion the student will be able
to familiarize with
stages of
organizational buying
behavior process and
understand how they
are different from
consumer buying
process.
Module III: The Marketing Imperatives
12. Competition Analysis – Refer chapter no.18 Class At the end of session, 2,3
8 | Page
Identifying, assessing Discussion the student will be able
and selecting to understand
competitors, Ethical competitors as well as
competition Case1: Volkswagen customers through
case competitor analysis.
13. Competitive Position & Refer chapter no.18 Case Discussion After the session the 2,3
Strategy Formulation student shall be able to
Video
https://youtu.be/ analyze the strategies
A3PDXmYoF5 that organizations
U (Competitive formulate in the first
place and also as a
positioning
through Product response to
competition
Features)
Video
https://youtu.be/
OknBv5QSpg0
(Competitive
Positioning
through
Performance)
14. Determine which Refer chapter no.7. Class At the end of session, 2,3
Markets to address: Discussion the student will be able
Market Segmentation to understand
competitors as well as
customers through
competitor analysis.
15. Determine which Refer chapter no.7 Class At the end of session, 2,3
Markets to address: Discussion the student will be able
Requirements for to identify major
effective segmentation segmentation
variables.
16. Market Targeting Refer chapter no.7 Class At the end of session, 2,3
Approaches Discussion the student will be able
to understand market-
targeting concept and
apply them in
selecting target market
segments.
17. Choosing a Consumer Profiling Class Activity At the end of session, 2,3
9 | Page
differentiation and Matrix the student will be able
positioning strategy to explain clearly the
relationship between
Refer chapter no.7 market segments and
positioning and
explain how critically
important it is for
differentiation.
18. Design the Market https:// Case Discussion At the end of session, 1,2
Offer: Managing opentextbc.ca/ the student will be able
Marketing Mix – businessopenstax/ to understand the basic
Product, Price chapter/developing-a- elements of marketing
marketing-mix/ mix that a company
uses to promote its
brand or product in
the market.
Case 2: Any
Integrated case
e.g Marketing Mix
of Lays – The 4 P’s
https://iide.co/
case-studies/
marketing-mix-
of-lays/
#:~:text=Mix
%20of
%20Lays.-,Marke
ting%20Mix
%20of%20Lays
%20%E2%80%93
%20The
%204%20P's,clari
fies%20the
%20company's
%20showcasing
%20system.
10 | Page
19. Design the Market https://hbr.org/ Case Discussion At the end of session, 1,2
Offer: Managing 1985/09/ the student will be able
Marketing Mix –Place, rejuvenating-the- to understand the basic
Promotion marketing-mix elements of marketing
mix that a company
uses to promote its
https:// brand or product in
blog.globalwebindex. the market.
com/marketing/
marketing-mix/
Case: Any
Integrated case
e.g Marketing Mix
of Lays – The 4 P’s
20. Creating competitive Video/Reading Guest Talk -2 At the end of session, 2
advantage using the student will be able
Technologies- to know about the
MARTECH – , AI, technologies that
Augmented reality companies are using to
gain competitive
advantage.
Structure and flow of written The content is The content is presented The content is presented in a logical
presentation (Organization/ inadequate and not but the flow and sequence manner but fails to establish
logical flow) presented logically as is not up to mark. A little comparison with competitors. Efforts
well. of effort is made in have been made on comparison part
6 Marks
comparison with and data seems to be adequate.
competitors and data is
inadequate.
11 | Page
Quality of critical review and Neither critical review Little effort is made on Critical analysis and review is done
suggestions (Content/ Subject nor analysis is done critical analysis and review using relevant concepts. The
matter) using relevant concepts. using relevant concepts suggestions are quite relevant to
In addition, suggestions and a few suggestions are analysis conducted.
6 Marks
are very limited. provided.
12 | Page
D. RUBRICS FOR END TERM
CRITERIA Below Expectations Meets Expectations Exceeds Expectation
Able to offer response by Fails to demonstrate Demonstrates a fair Demonstrates completeness of
gathering relevant completeness of level of completeness information, ability to synthesize
information demonstrating information, ability to of information, ability ability to synthesize learning to apply
conceptual clarity. synthesize learning to to synthesize learning knowledge of marketing management.
apply knowledge of to apply knowledge of Demonstrates a sophisticated
marketing marketing understanding of what information is
20 Marks management. management. needed.
Selects and Uses Has limited Selects and uses relevant Selects and uses relevant concepts and
Relevant Concepts and knowledge on concepts and frameworks.
Frameworks for case selecting and using frameworks.
analysis relevant concepts and
frameworks.
20 Marks
LMS-Moodle/Impartus:
LMS-Moodle/Impartus is used to host course resources for all courses. Students can download
lecture, additional reading materials, and tutorial notes to support class participation.
Late Submission
Assessment tasks submitted after the due date, without prior approval/arrangement, will be not
be accepted. Requests for extension of time must be made with the faculty member concerned
and based on Special Consideration guidelines.
Plagiarism:
Plagiarism is looked at as the presentation of the expressed thought or work of another person as
though it is one's own without properly acknowledging that person.
13 | Page
Cases of plagiarism will be dealt with according to Plagiarism Policy of the institute. It is
advisable that students should read student handbook for detailed guidelines. It is also advisable
that students must not allow other students to copy their work and must take care to safeguard
against this happening. In cases of copying, normally all students involved will be penalized
equally; an exception will be if the student can demonstrate the work is their own and they took
reasonable care to safeguard against copying.
======================================
14 | Page