Gwybodaeth Modiwlau

Module Identifier
MMM3310
Module Title
Marketing Principles
Academic Year
2020/2021
Co-ordinator
Semester
Intended for use in future years

Course Delivery

 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment Group report limited to 2,000 words  20%
Semester Exam 2 Hours   80%
Supplementary Assessment Individual report limited to 2,000 words  20%
Supplementary Exam 2 Hours   80%

Learning Outcomes

On successful completion of this module students should be able to:

  • Provide an understanding of marketing principles.
  • Provide an understanding of the role of marketing within a business.


Aims

The course aims to establish an understanding of the Marketing function. It takes students through the Marketing process while establishing the principles that underpin aspects of Marketing.

The emphasis throughout is on the application to current business issues and practice. Students will be encouraged to read around the subject with a focus on current articles to show the reality of the issues and the challenges organisations face.

Brief description

Marketing is a fundamental business philosophy. The Marketing discipline underpins the commercial activities of all businesses. It provides a structure within which businesses respond to their customers' needs and wants. It is an essential tool for the manager of any business. This module introduces the essential components of marketing and the principles on which marketing is based.

Content

The Role of Marketing
The role of marketing within business and the commercial environments.

The Marketing Environment
Those factors that influence a business in its micro and macro environments.

Marketing Information
The process of market research and environmental scanning. The data collection and analysis process.

Consumer Behaviour
The identification of the market and customer. The factors influencing consumer behaviour. Behavioural differences in business-to-consumer and business-to-business markets.

Market Segmentation
The basis for market segmentation. The importance of market segmentation in product positioning.

Marketing Mix
Managing the marketing mix and marketing mix elements. The organisational role of the marketing mix.

Notes

This module is at CQFW Level 7