IB148-15 Principles of Marketing
Introductory description
N/A.
Module aims
The aims of this module are to:
- Demonstrate fundamental theories in marketing and strategy and the understanding of how they impact a company’s operation;
- Identify a selection of key approaches to marketing and strategy and the challenges faced by each in contemporary organisations;
- Provide a basis for analysing, evaluating, challenging and interrogating conventional marketing and strategy theory, frameworks and techniques and practices.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
Typically the syllabus would include (but not be limited to):
- Markets, marketing, and strategy
- Business environment and company strategy
- Marketing as a process and strategic planning
- Understand consumers
- Segmentation, targeting, and positioning strategy
- The marketing mix and company strategy
- Business ethics and corporate social responsibility
- Marketing research
- Sustainable marketing
- Review and revision
Learning outcomes
By the end of the module, students should be able to:
- Understand the central principles, key models and controversial issues in marketing and strategy.
- Locate marketing and strategy knowledge within the wider fields of business and management.
- Demonstrate an ability to understand contemporary theoretical perspectives and their practical applications.
- Demonstrate an informed and critically aware intellectual stance and developed analytical skills through the evaluation of cases.
- Demonstrate the ability to conduct effective library based research, synthesise logical arguments, and reference correctly
- Critically evaluate any business from a marketing and/or strategic management perspective and recognise the importance of viewing the business from these perspectives.
Indicative reading list
The core text book for this module will be:
Hooley, Piercy, Nicoulaud, Rudd, Lee (2019) Marketing Strategy and Competitive Positioning, Pearson
. Philip T. Kotler, Gary Armstrong (2017), Principles of Marketing. Pearson.
Supplementary readings for seminar activities and required readings will also be based on journal articles, periodical and library sources and students will be expected to read a selection of key articles and book chapters.
Subject specific skills
Develop knowledge of practical frameworks and topical concepts and an awareness of analytical frameworks and their application to marketing and strategic management issues.
Development of referencing skills.
Development of cooperative and team working skills.
Transferable skills
Demonstrate the development of oral communication skills, effective problem-solving skills.
Demonstrate the ability to work both with a team and individually to analyze issues and propose solutions.
Study time
| Type | Required |
|---|---|
| Lectures | 10 sessions of 2 hours (23%) |
| Seminars | 9 sessions of 1 hour (10%) |
| Private study | 58 hours (67%) |
| Total | 87 hours |
Private study description
Online input into student preparation for lectures, workshops and seminars + self-directed
research and learning via reading and analysis of case materials.
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group D
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
| Reflective Piece 1 | 5% | 3 hours | Yes (extension) |
|
reflective piece based on research participation |
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| Reflective Piece 2 | 5% | 3 hours | Yes (extension) |
|
reflective piece based on research participation |
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| Reflective Piece 3 | 5% | 3 hours | Yes (extension) |
|
reflective piece based on research participation |
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| Online Examination | 85% | 58 hours | No |
|
Exam ~Platforms - AEP
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Assessment group R
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
| Online Examination - Resit | 100% | No | |
|
Exam ~Platforms - AEP
|
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Feedback on assessment
Feedback via my.wbs.
Post-requisite modules
If you pass this module, you can take:
- IB3L5-15 Developing and Communicating Powerful Brands
- IB3L7-15 Global Issues in Marketing
- IB3M5-15 Advanced Analysis for Marketing Decisions
- IB3L1-15 Customer Experience
- IB3N6-15 Marketing Research
Courses
This module is Core optional for:
- Year 1 of UGEA-RN21 Undergraduate German and Business Studies