LINCOLN MEMORIAL UNIVERSITY

MARKETING THEORY

MKTG 300

MWF: 9:00 - 9:50a.m.

DB-310           

Class Hours: 3.0                                                            Instructor:  Dr. Carol Decker

Credit Hours 3.0                                                            Office Hours: MW: 12:00-2:00p.m.(H)

Course Syllabus                                                                        T: 3:00p.m.-5:00p.m.(OL)

Spring 2004                                                                                          F: 12:00p.m.-1:00p.m.(H)

Revised: 1/5/04                                                                                      Other Hours By Appointment

Phone:  423-869-6263(H)                                                                      E-mail:    cdecker@lmunet.edu

             865-693-1570(K)                                                                                    deckca@aol.com                                             

Web Page Address:  http://hometown.aol.com/deckca/classpage.html

(Check for Assignment, Announcements, & Updates)

(H)  = Harrogate Site

(K)  = Knoxville Site

 (OL) = On-line

 

CATALOG COURSE DESCRIPTION:   Principles and strategies for developing an organization’s marketing mix. Topics include product decisions, pricing strategies, promotion types, market identification, distribution channels, and ethical considerations.

 

PREREQUISITE: ECON 211, 212                             

 

STANDARDS/GOALS:                                 

            Maintain a high quality, effective undergraduate business curriculum relevant to business and         students           

 

COURSE OBJECTIVES: 

Deliver curriculum cores appropriate to a strong business foundation and to diverse student needs

            Deliver programs which allow specialization in specific business fields for which there is market    demand

·         Explain marketing concepts such as the marketing mix and environmental forces affecting marketer actions

·         Differentiate between marketing strategy and marketing tactics

·         Explain the four Cs of marketing in the context of a microenvironmental business operations

·         Perform and explain marketing research for effective marketing decision making 

·         Apply and Describe consumer behavior models and decision processes for product marketing

·         Explain the organizational buying processes

·         Develop & Differentiate market segmentations as a business strategy

·         Develop and Describe products, life cycles, product mixes, brands, and packaging for effective product strategy decision making

·         Describe service characteristics and types for effective business service strategy

·         Describe and Apply distribution and intermediary initiatives for marketing mix contributions and maximum logistics control

·         Recognize and Apply promotion elements for the development of effective promotional strategies

·         Differentiate and Describe personal selling and sales promotion and their role the marketing process

·         Describe and Apply the concepts of pricing for the development effective pricing strategies

·         Recognize the holistic nature of a marketing position

TEXT/REQUIRED READINGS/SOFTWARE:

            Marketing in the 21st Century. J.R. Evans & B. Berman, 8th ed., Atomic Dog, 2002.

Experiencing Marketing: Introduction to Marketing. Web-Version & E.R. Cadotte,

South-Western.

 

SUGGESTED READINGS& WEBSITES:

Journal of Marketing

            Advertising Age

            Journal of Business Strategy

            Journal of Business Research

            Journal of Consumer Research

            Marketing News

            Journal of Advertising Research

            Industrial Marketing Management

            Journal of Marketing Research

            www.ama.org

            www.usatoday.com

            www.census.gov

            www.marketingtools.com/publications/AD/index.htm

            http://ciber.bus.msu.edu/

            www.acrweb.org

            www.cob.ohio-state.edu/scp/

            www.census.gov/epcd/www/naics.html

            www.iso.ch/

            www.dnb.com/purchase/hpurcha2.htm

            www.stat-usa.gov

            www.odci.gov/cia/publications/factbook/index.html

http://harvardbusinessonline.hbsp.harvard.edu

www.marketresearch.com

http://www.marketingpower.com

http://knowledge.wharton.upenn.edu

http://www.library.hbs.edu/industries/industry_guides

http://www.sponsorship.com

http://www.marketingprofs.com/index_eoy.asp

http://www.exhibitornet.com

www.reveries.com

www.marketingsherpa.com

www.customeradvisoryboards.com

http://www.socialmarketingonline.net

http://www.marketingprofs.com/index_eoy.asp

 

METHODOLOGY OF INSTRUCTION:  This course will consist primarily of Marketing applications but will be supplemented with lecture(classroom and web-based), class/team exercises, games, case evaluations, and class discussions and questioning.

 

REQUIREMENTS:

Attendance:  Because of the progressive content and other web-enhanced features of this course, your prompt attention to details and submittals is directly related to your considered attendance in the class. As with traditional attendance measures, this is critical to your learning experience. Because the successful completion of this course is tied to daily class materials, in-class submittals, and contact (traditional or virtual), any absence (traditional or virtual or in work application) in this class will result in a substantial loss of information and material for a satisfactory evaluation. Class attendance (traditional or virtual) indicates your enthusiasm toward learning and will reflect on the grade you receive in this course. You will lose 10 points for each absence (traditional or virtual) after 3. Pop quizzes and assignments will be implemented in times of excessive absences (traditional or virtual) and will be used in borderline cases of evaluation. If you do have to miss class (traditional or virtual) for any reason, it is your responsibility to get notes, assignments, and test information from a classmate. Absence is not an excuse!

 

Assignments:  Assignments are due at the beginning of class and on the due date or before if you anticipate an absence. Assignments are intended to enhance your ability to apply and implement marketing concepts, by giving you feedback for improvement. All assignments should be typewritten, complete, and professional in order to receive credit. LATE WORK OF ANY KIND WILL NOT BE ACCEPTED!!!!!!

 

Participation:  Your participation in this course is critical to the result you and others receive in this class. A total of 10 participation points will be used at the end of the semester to either adjust your grade up or down. These points may be earned through prompt attendance, timely and appropriate submittal of assignments, performance in class/teamwork, question preparation for presentations, and discussions. Class/team exercises may also include case discussions, games, and activities that will reinforce the major concepts discussed in this class. Question preparation for presentations, requires you to develop, ask, and submit one question to be ask of the presenters. Obviously, you are only required to do this on the days you are not presenting. You should develop a question during the presentations and be prepared to ask the question after the presentation is over and turn in your question at the end of class.

 

Presentations:  Presentations should be well prepared. These presentations are formal and require formal attire. Also, as a presenter, you are trying to sell your creativity; thus, your client must see creativity in your presentation. Therefore, in addition to using PowerPoint, you must use two other means of presentation such as video, music, flip charts, examples, etc.

 

Grading:  The following grade scale will be utilized in this course. In order to achieve a certain level on this scale you must obtain the score indicated.

                             A.......... 94-100

                             A-……. 90-93

                             B+........ 87-89

                             B.......... 84-86

                             B-……. 80-83

                             C+........ 77-79

                             C.......... 74-76

                             C-……. 70-73

                             D+…… 67-69

                             D.........  64-66

                             D-……. 60-63

                             F...........Below 60

 

 

EVALUATION/ASSESSMENT:

                            Experiencing Marketing Game.....................30% (6 Quarters)

                            Facts, Meanings, & Exercises………….......30%

                            Paper & Presentation....................................30% (20/10)

                            Participation………………………………..10%

 

Experiencing Marketing Simulation/Game:  The game will be team performed and based on concepts discussed in class. Quarterly Assignments (6) will be given that should make up the completion of the game and your marketing operations (See outline for due dates). Each quarterly assignment will be given feedback so that you may improve your business actions in the following quarters. Each quarterly assignment will include printed quarterly results from the game as well narrative support that responds to quarterly questions that must be resolved. Narratives should be typewritten and professionally presented on time.(Remember: This is tied to your participation grade.) The game is intended to give you applied experience in performing marketing decision making and to give you a holistic understanding of a marketing manager’s position and work. Your grade for the game will be determined by how well you meet the game objectives(provided in the game and to be discussed in the game instruction session), your class rank, and the professionalism and timeliness in presenting the assignments.

 

Facts, Meanings, & Exercises:  This part of the course will require your daily preparation and review of concepts presented in class. COME PREPARED FOR CLASS! During each class period, you will be asked to provide definitions, answer questions, analyze concepts, etc. All of which will help you to apply the advertising principles to other deliverables in the course. These requirements may come from the game, material presented in class, or textbook. Throughout the class, you will be required to perform exercises that coincide with marketing theory. In many cases, these will be the same items required for your game performance although they will be applied to a different business or organization, thus giving you experience and feedback for your game performance. However, each assignment should meet the criteria stated above in order to receive credit.

 

Paper & Presentation:   Papers are to be written (word-processed, 11pt font, double-spaced,) and individually completed according to APA style. The paper should be between 8-10 pages and submitted on the due date (See outline). You must have a title page and reference page not to be included in page length. You will be provided a list of possible topics of which you must choose and an outline to follow. Your paper will be graded on research, professionalism, and creativity. All references should be no older that 5 years and should include at least (1) personal interview, (8) academic references or sources. YOUR TEXTBOOK CANNOT BE USED AS A SOURCE!!! You should prepare for a 5 minute presentation to include a brief discussion of the main topics of your paper. Presentation guidance will be provided.

 

CLINICAL/LABORATORY/FIELD EXPERIENCES: Students are expected to utilize outside resources (written and verbal )for completing the games, paper and presentation, and practicums. These assignments should involve discussions with individuals presently working in marketing and other text readings related to marketing that will support any statements made in written work.

 

NOTE: Any student with a disability requiring accommodation(s) should make an appointment         

with the Vice President for Student Affairs (423-869-6393) to discuss specific needs.

 

NOTE:  Academic Integrity (from LMU Undergraduate Catalog 2003-2004)

            It is the aim of the faculty of Lincoln Memorial University to foster a spirit of complete honesty and high standard of integrity. The attempt of any student to present as her/his own any work which he/she has not honestly performed is regarded by the faculty and administration as a very serious offense and renders the offender liable to severe consequences and possible suspension.

Cheating: dishonesty of any kind on examinations or written assignments, unauthorized possession of examination questions, the use of unauthorized notes during an examination, obtaining information during an examination from another student, assisting others to cheat, altering grade records, or illegally entering an office are instances of cheating.

Plagiarism: offering the work of another as one’s own without proper acknowledgment is plagiarism; therefore, any student who fails to give credit for quotations or essentially identical material taken from books, magazines, encyclopedias, web sources, or other reference works, or from the themes, reports, or other writing of a fellow student has committed plagiarism.

 

Instructor Policy on Academic Integrity: Any assignments found to violate the above university policy will be considered as an F without the possibility of make-up opportunities. Continued

violations will result in an F for the course.

 

The instructor reserves the right to make adjustments to this schedule.

 

OUTLINE OF COURSE CONTENT

            Date                                        Session #                                 Preparation

January            14                                      1                                        Introduction/Syllabus

                         16                                      2                                        Chapters 1 & 2

                         19                                      3                                        Holiday; No Class          

                         21                                      4                                        Chapters 3 & 4

                         23                                      5                                        Chapter 5(NC)

                         26                                      6                                        Chapter 5

                         28                                      7                                        Chapter 6; Paper Topics

                         30                                      8                                        Chapter 6

February             2                                     9                                        Chapter 7              

                             4                                 10                                         Chapter 8                     

                           6                                   11                                         Chapter 8

                           9                                     12                                       Chapter 8

                             11                               13                                         Chapter 9                                 

                           13                                  14                                         Chapter 10

                             16                                15                                         Chapter 10

                           18                                  16                                         Chapter 10

                         20                                    17                                         Chapter 11

                         23                                    18                                         Chapter 11

                         25                                    19                                         Chapter 11

                         27                                    20                                         Chapter 12

March                 1                                   21                                         Chapter 12

                           3                                   22                                         Chapter 12                                

5                                   23                                         Chapter 13                                

                           8                                   24                                         Game Tutoring

     10                                   25                                         Chapter 13

Quarter 1 Due Friday 12th 2:00p.m. Turn in Quarter Questions Next Class Period

     12                                   26                                         Chapter 20

                         15                                    27                                         Chapter 20

                         17                                    28                                         Chapter 21

                         19                                    29                                         Chapter 21

Quarter 2 Due Friday 19th 2:00p.m. Turn in Quarter Questions Next Class Period

22                                    30                                         Spring Break; No Classes

24                                    31                                         Spring Break; No Classes

26                                    32                                         Spring Break; No Classes

29                                    33                                         Chapter 14

31                                    34                                         Chapter 14

April                   2                                   35                                         Chapter 15

Quarter 3 Due Friday 2nd 2:00p.m. Turn in Quarter Questions Next Class Period

                           5                                   36                                         Chapter 15

                           7                                   37                                         Chapter 16

Quarter 4 Due Thursday 8th 2:00p.m. Turn in Quarter Questions Next Class Period

  9                                    38                                         Holiday; No Classes

                            12                                 39                                         Chapter 16

                         14                                    40                                         Chapter 17

                         16                                    41                                         Chapter 17

Quarter 5 Due Friday 16th 2:00p.m. Turn in Quarter Questions Next Class Period

                         19                                    42                                         Chapter 18

21                                                                       43                                         Chapter 18

 23                                    44                                         Chapter 19

Quarter 6 Due Friday 23rd 2:00p.m. Turn in Quarter Questions Next Class Period

26                                    45                                         Chapter 19

28                                    46                                         Presentations; Papers Due

30                                    47                                         Presentations; Last Day of Classes

May                     6                                   48                                         Final Exam(8:00-10:00 a.m.)

                                                                                                            Presentations