MRK213 - Marketing Planning
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|Last revision date||Dec 9, 2013 12:15:10 AM|
|Last review date||Dec 9, 2013 12:15:10 AM|
This subject builds upon the fundamentals introduced in MARKETING I (MRK 108). Topics to be studied include global marketing, advertising, personal selling, financial analysis and forcasting, social media marketing and retailing and wholesaling. Emphasis will be placed on a company's operating statement and how marketing activities affect it and the identification of marketing problems. To this end, students will play "The Marketplace Live", a 3D, on-line computer simulation in which companies compete with each other by planning their marketing strategies.
MRK 213 is a required subject within the School of Business Management and the Centre of Human Resources.
Upon successful completion of this subject the student will be able to:
1) Execute a series of marketing decisions that demonstrate the importance of marketing planning, implementation and control of strategic marketing plans.
2) Identify the major types of advertising and media selection decisions when creating an advertising campaign.
3) Assess the significance of personal selling, public relations and sales promotion to a marketing strategy.
4) Discuss the additional challenges involved in marketing globally.
5) Explain the importance of retailers and wholesalers and their classifications within the channel of distribution.
6) Describe how social lmedia can impact a marketing strategy.
7) Identify the basic forecasting approaches.
8) Perform a sales forecast.
9) Demonstrate the ability to perform financial analysis: calculate mark-ups; stock-turn rates; return on investment (ROI); return on assets (ROA) and break-even point.
10) Demonstrate the ability to prepare and analyze an operating statement.
11) Effectively work as a member of a team, demonstrating and understanding of the processes and team work.
12) Prepare a comprehensive report that includes an analysis of marketing strategies used and results achieved in the marketing simulation.
Cheating and Plagiarism
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Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.