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On completion of the course participants should be able to:
Introductory course in marketing
The course trains the students in analyzing marketing problems. The main interests are: theories of buying behavior, segmentation and positioning theory, and marketing-mix considerations.
COURSE SUBJECT AREAS:
Part 1: Introduces the marketing management tradition and the focal importance of needs and wants. Contrasts the marketing philosophy with traditional product-, production-, and sales philosophies. Describes core concepts used in marketing such as customer value, customer satisfaction, loyalty, marketing mix, target markets, segmentation, and positioning.
Part 2: Introduces models of buying behavior on the business to consumer and business to business market. Describes how cultural, social, task related, and personal factors influences consumer- and industrial buying behavior. Explains the major psychological processes that influence consumer behavior and relates these processes to external variables. Explains how needs and wants results in certain demands.
Part 3: Introduces segmentation and targeting. Explains how companies may identify segments based on needs, wants, or benefits. Explains how these segments may be related to geographic, demographic, behavioral, and psychographic profiles.
Part 4: Considers positioning and marketing mix strategies in terms of price, place, product, and promotion in greater detail. Introduces the importance of competitors in choosing a marketing mix strategy.
Ivan Bach
Kotler, P.: A Framework for Marketing Management. 4. ed. 2009. Prentice HallChapters 1, 4, 5, 6, 7, 9, 10, 11, 12, 13, 15 (Approx. 200 pages)
Enis, B. M., K. K. Cox & M. P. Mokwa (Eds) (1995): Marketing Classics: A Selection ofInfluential Articles. 8 th , Prentice HallChapter 1, 10, 11, 14, 16, 17, 18, 26, 27, & 34 (approx. 180 pages available in a compendium)
Chapter 1. Theodore Levitt "Marketing Myopia " pp. 3-21
Chapter 10. J.A. Howard and J.N. Sheth "A Theory of Buyer Behavior" pp. 137-155
Chapter 11. F.E. Webster and Y. Wind "A General Model for Understanding Organizational Buying Behavior" pp. 156-167
Chapter 14. Rogers, E. M New product adoption and diffusion pp. 192-209
Chapter 16. R.I. Haley "Benefit Segmentation: A Decision-Oriented Research Tool" pp. 226-233
Chapter 17. J. Trout and A. Ries "Positioning Cuts through Chaos in Marketplace" pp. 234-250
Chapter 26. J.N. Sheth and G.L. Frazier "A Model of Strategy Mix Choice for Planned Social Change" pp. 386-402
Chapter 27. A. Parasuraman, V.A. Zeithaml and L.L. Berry "A Conceptual Model of Service Quality and Its Implications for Future Research" pp. 403-417
Chapter 34. R.J. Lavidge and G.A. Steiner "A Model for Predictive Measurements of Advertising Effectiveness" pp. 523-527
The total number of pages will then be approximately (200+180 = 380 pages)
For the 2 semester Business Administration students there will be a 4-hour written examination jointly with the compulsory course Strategy for Business Administration students on the 2007 program.
For the 4 semester BSc Economics and Mangement students there will be a 4-hour written examination jointly with the elective course Strategy.
BSc students who have not taken the elective Strategy course will only do the 2-hour examination in Marketing.
One mandatory paper has to be handed in to the lecturer and has to be passed before the written examination.
EXAMINATION AIDS ALLOWED: None