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Course Description
This course introduces the function of marketing and its basic tenets that influence strategic
and tactical decision making. Principally, we will examine the strategic concepts and tools
that guide how a firm chooses its target markets, develops a value proposition for its target
customers, and successfully differentiates from competitors. During this phase we will learn
both fundamental principles of strategic marketing management, as well as contemporary
perspectives relevant to the changing economy. We will use a mixture of lectures,
discussions, cases, readings and experiential exercises to examine how marketing works in
our lives through identification, creation and delivery of customer value.
Course Objective: At the end of this course students will be able to:
Understand basic concepts of marketing and application of the same in business
context.
Develop understanding of contemporary marketing environment and its impact on
marketing decisions.
Design segmentation, targeting and positioning for a product.
Analyze marketing strategy implemented by existing products.
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to business cases and research
through correct and precise use
of language leading to logical
conclusions.
Program Objective 1.3 Yes
Demonstrate awareness of
socioeconomic environment,
both domestic and international
Pedagogy
The course includes a mix of class lectures, case discussions and interactions. The course would
also involve students in subject driven action learning through team activities for inducing a
more application oriented approach.
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Evaluation Criteria
Evaluation Component Weightage
Class Participation 10
Mid Term 30
Quizzes 10
End-term Examination 40
Individual Project 10
Total 100
Class Participation (10): Class participation would be measured during case discussions and
in-class activities along the pre and post mid-term sessions. A minimum of 4 class
participation activities would be conducted during the course, and students are expected to
participate in all the activities to score higher.
Quizzes (10): A total of 2 quizzes will be conducted, 1 in the pre mid-term sessions and 1 in
the post mid-term session. Average of the quizzes will be considered for final grading
Mid and End-Term Examination (30+40): 1.5- 2 hours written exam will be conducted
with a mix of subjective questions to test the theoretical, conceptual and application
orientation of the learner.
Individual Project (10): Each student will be assigned an existing brand on which they will
have to map all the marketing concepts; namely the 4 Ps, STP and Competitive strategy. The
project needs to be submitted before the end term in soft copy only.
Resources
The textbook forms the basic reading material for the course. In addition, the participants are
also supposed to go through the readings recommended in the course outline and those
circulated during the course. Course participants are also required to regularly go through
academic journals, business magazines and websites.
Text book:
- Philip, K., Kevin, K., Abraham, K., & Mithileshwar, J. Marketing Management-A
South Asian Perspective 14 e 2013. Pearson
Reference books:
- Ramaswamy & Namakumari, Marketing Management: Indian Context Global
Perspectives 6e 2018. Sage
- Cases and additional reading materials will be provided separately as and when
required
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Detailed Session Plan
Session
Topic/s Readings/Tasks
No.
What, When and Why of Marketing
1-2 Book Ch 1-2
Customer Value Creation Book Ch 4
3
Understanding the Environment Book Ch 3
4-5
Academic integrity
a) Plagiarism is the use of or presentation of ideas, works that are not one’s own and
which are not common knowledge, without granting credit to the originator.
Plagiarism is unacceptable in IMI Kolkata and will invite penalty. Type and extent of
penalty will be at the discretion of the concerned faculty.
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