IB703-10 Marketing
Introductory description
This module provides a broad introduction to the marketing concept and the role of marketing in the organisation. It is intended as a basic foundation module to orientate Warwick MBA students with respect to the core concepts and frameworks of marketing that help senior leaders in organisations maintain a focus on their customers in a changing context.
Module aims
The primary aims of this Marketing module are to:
(1) develop an understanding of the role and value of marketing in increasingly competitive and turbulent environments
(2) provide capability to identify, profile and understand customers and notions of customer value, and to apply this insight to development of successful value propositions
(3) provide skills to a) analyse diverse marketing situations, b) identify marketing opportunities and threats, and c) understand an organisation’s ability to respond to them
(4) encourage transfer of the concepts and techniques covered to the student’s work environment.
(5) present a topical overview of the core themes addressed by marketing-orientated organisations, whether they are commercially focused or in not-for-profit or public sectors.
(6) explain the core activities of marketing analysis and developing marketing strategy, plus the tactical programmes and monitoring required to facilitate the implementation of marketing strategies
(7) examine the role of marketing in helping the organisation achieve its sustainability objectives, and understand the impact of marketing on society at large.
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.
- Defining the role of marketing, including notions of purpose
- Auditing the marketing environment to identify potential opportunities and threats
- Understanding consumer and business-to-business buying behaviour
- Segmentation, targeting, positioning and differentiation
- Creating and managing brands and products (including goods, services and experiences)
- Designing and implementing the marketing mix, including communication and delivery via digital channels
- Current and future trends in marketing
Learning outcomes
By the end of the module, students should be able to:
- Demonstrate a comprehensive knowledge and understanding of marketing and how marketing activities are managed within the firm and the external context in which the organisation operates
- Demonstrate a comprehensive understanding of the role and contribution of marketing in helping organisations create and deliver customer value.
- Critically apply the tools of marketing to help the organisation identify issues of potential ethical concern and address issues of sustainability and social responsibility
- Demonstrate analytical skills and creativity in processing and synthesising appropriate information sources that guide marketing decisions
Indicative reading list
Core texts:
Kotler, P. Keller, K.L. and Chernev, A. (2022), Marketing Management (16th Global Edition), Pearson.
Chaffey, D.; Ellis-Chadwick, F. (2019), Digital Marketing, 7th Edition, Pearson.
Jobber, David, Ellis-Chadwick, F (2020). Principles and Practice of Marketing. (9th Edition) McGraw-Hill
Palmatier, R. W., & Sridhar, S. (2020). Marketing strategy: Based on first principles and data analytics. Bloomsbury Publishing.
Hooley, G. Nicoulaud, B., Rudd, J. M., & Lee, N., (2020) Marketing Strategy and Competitive Positioning, (7th Edition), London: FT/Prentice Hall
Research element
Research and information gathering to describe business contexts and situations.
Subject specific skills
Assess and evaluate the implications of scarce marketing resources on strategic marketing practice and recognise the importance of a range of stakeholders in the marketing process
Effectively evaluate and apply marketing insights, to develop and implement strategic marketing plans, including identification of target market segments and understanding of their needs and expectations
Effectively evaluate and understand how marketing mix elements contribute to implementation of marketing strategy and the achievement of marketing objectives.
Research and information gather to describe business contexts and situations.
Transferable skills
Written and oral communication and presentation skills
Working with others
Problem solving
Demonstrate high personal effectiveness: critical self- awareness, self-reflection and self-management; time management; sensitivity to diversity in people and different situations and the ability to continue to learn through reflection on practice and experience.
Study time
Type | Required |
---|---|
Lectures | 27 sessions of 1 hour (100%) |
Total | 27 hours |
Private study description
Private Study and preparation for lectures.
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 A4
Weighting | Study time | Eligible for self-certification | |
---|---|---|---|
Assessment component |
|||
Group Presentation | 20% | 8 hours | No |
Reassessment component |
|||
Individual assignment | Yes (extension) | ||
Assessment component |
|||
Individual Assignment (10 CATS) | 80% | 36 hours | Yes (extension) |
Reassessment component is the same |
Feedback on assessment
Assignments are graded using standard University Postgraduate Marking Criteria and written feedback is provided. Feedback for individual essays include comments on a marksheet.
Post-requisite modules
If you pass this module, you can take:
- IB805-10 Strategic Marketing
Courses
This module is Core for:
- Year 1 of TIBS-N1Q1 Postgraduate Business Administration (Executive) London
- Year 1 of TIBS-N1Q4 Postgraduate Business Administration (Executive) London
- Year 1 of TIBS-N1Q5 Postgraduate Business Administration (Executive) London
- Year 1 of TIBS-N1P9 Postgraduate Taught Business Administration (Executive)
- Year 1 of TIBS-N1Q3 Postgraduate Taught Business Administration (Executive)
This module is Core optional for:
- Year 1 of TIBS-N1P9 Postgraduate Taught Business Administration (Executive)