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MBA Elective - MKT 586
Jami Moiz
Course
ERP Class NBR 2363
Information
Programs MBA
and Title
Class Details Class Timings and
Main Campus Room MCS 5
Room
MON TUE WED THU FRI SAT SUN
Credit Hours 3
Email jmoiz@iba.edu.pk
Contact No. +92-2138104701 Extension 2001
Amjad Ali Memon amjad.memon@khi.iba.edu.pk 92 333
Teaching Assistant
2965183
Course
Description
Course Description
1. Communication Skills
Learning The students will be able to communicate effectively in wide variety of business
Goals settings, employing mediums such as written, oral and visual
2. Critical Thinking
Students are able to develop a critical approach in research and use of management
theory and practice leading to effective decision making
4. Ethics
Students will have an understanding and awareness of the ethical implications of
their decisions.
5. Global Mindset
Students will develop an appreciation of global best practices and learn to adapt
them to local cultural contexts.
To familiarize students with the decisions involved in running a retail firm and
the concepts and principles for making those decisions. While the course
focuses on the retail industry including retailers of consumer services, the
content of the course is useful for students interested in working for companies
that interface with retailers such as manufacturers of consumer products or for
Learning students with a general management or entrepreneurial interest.
Outcomes
Specific learning outcomes are to develop an understanding of:
• The contribution of retailers to the product value chain.
• Consumer motivations, shopping behaviors, and decision processes for
evaluating retail offering and purchasing merchandise and services.
• Corporate objectives, competitor analysis, and competitive strategy
• The traditional bases for segmentation and how segmentation can inform
retail strategy
• How retailers differentiate their offering as an element in their corporate
strategy.
• Factors affecting strategic decisions involving investments in locations, supply
chain and information systems, and customer retention programs.
• How retailer’s communicate with their customers.
• Tactics (pricing, merchandise assortment, store management, visual
merchandising, customer service) for extracting profit from a retail offering
E-tailing has experienced a dazzling growth during the recent years due to its
distinct advantages for both consumers and retailers, such as shopping at
round-the-clock convenience, decreasing dependence to store visits, saving
travel costs, widening market area, lowering overhead expenses, supporting
customer relations and offering broad range of products (services). E-
commerce will be discussed through guest speaker sessions as well as
experiential visit to electronic stores. Students will get a broad understanding
of the differences and similarities between brick and mortar retailing Vs E-
retailing.
Glossary
5 In class Activity
Required
Text(s):
GROUP FORMATION:
A group of 2 students will select one retail video from the inventory available
on first come first serve basis – send your Title, date/session you wish to
present to amjad.memon@khi.iba.edu.pk.The group will select a brand of the
same product category as per the video and then analyze that brand in retail
outlets in Karachi. Two groups will present in each session.
Deliverables: 3 slide PowerPoint presentation and 2 sides of an A4 sheet of
analysis and recommendation for that brand. TO BE SUBMITTED BEFORE START
OF SESSION.
Time: 5 minutes for presentation and 5 minutes for Q&A
Each student will be given a notebook in which students will have a section of VDO
Assignment. This section should contain all the details of the work done for the VDO
assignment e.g. how this retail outlet is matched with your VDO, Meeting the retailer’s
owner, whom did you meet, what questions you asked, How you compare Pakistani
retailers with the one shown in the VDO.
Mini Cases
Each student will be allotted a mini case from a list. They will have to analyze,
discuss in one class and answer related questions to it. It will be a one session
activity.
Notebook will also contain a project part in which students will be required to write
the details of their everyday tasks achieved at the retail outlet.
This notebook will need to be submitted on the day of final project presentation.
Following points are to be observed and noted:
Ownership
Location
Customer segmentation/target consumer profiling
Display Management
Product categories available
Inventory management and supply chain functions
Customer service and employee management
Pricing strategies and retail communication mix
2. Content:
It is your job to fill your presentation with interesting facts about the
retailer that we may not have known before. The content from your
presentation may end up on a quiz or a test, so it is important that you
provide useful information about the retailer. A background of how the
store began would be interesting. If you can get pictures from the store,
use those in your presentation. If you own something from the store
(especially one that some people may have not been in), bring it.
Retail Outlets:
1. Imtiaz
2. Team A Ventures -Debenhams
3. Mothercare
4. Ideas GulAhmed
GENERAL INSTRUCTIONS
Attendance: Attendance of the lectures is an integral part of the course and is
expected from all students. To participate and receive credit for your
participation, you have to be present in class. To reward students who have
perfect attendance, 2 points will be added to the final grade of any student who
is present for the entirety of every class meeting (including test days and the
exam). Students with one absence will receive 1 point added to their final
grade. This means that they have attended the entirety of every class meeting
(including test days and the exam) except one. Perfect attendance means
perfect attendance. There may be things that come up that are beyond your
control, and I understand that. However, I will not give anyone credit for being
in class if they were absent, even if they have a documented excuse. This
system is in place to reward those who make the effort to be in class. If you
miss 7 classes, I will subtract 5 points from your final grade for those absences
and every absence thereafter. This policy is in place to keep you accountable
for your absences. If you are ever unsure about how many absences you have,
you can e‐mail me. It stands to reason that if you have missed OVER 20% of
required class time you have missed too much material, and therefore, you will
lose points from your final grade. This policy applies regardless of your
performance on each examination. If you do not understand this policy, please
see me.
1) In addition to the above, all verbal and/or written instructions given
during the course of the semester will require strict compliance. Non‐
compliance will warrant a penalty.
2) It is hoped that, during the course of the semester, you will not raise
questions that have already been answered in this outline. Please keep this
outline handy and remain familiar with the contents of this outline throughout
the semester and act accordingly.
VDOs Folder:
https://drive.google.com/folderview?
id=0Bw524r53j8tBYkFwWF84MlIyeUE&usp=sharing
Please select the Retailing Video from the below list:
Electronic
Resources: Fall Semester Begin: 15th January 2020
Graduate Program Midterm: 5th March to 11th March 2020
Faculty Evaluation: 22nd April to 6th May 2020
Calendar: Preparatory Holiday: 5th May to 9th May 2020
Important
Dates Final Examination: 11th May to 21st May 2020
Promulgation of Results: 11th May to 5th June 2020
Lecture discussion:
Session #3 Shopper Buying Behavior
Groups Meeting with JM & AAM
RETAILING STRATEGY:
Session #5 Retail Market Strategy
Mini Case
3
Retail Financial Strategy
Session #6
Mini Case
Experiential Visit to Jodia Bazaar and
Session #7 Marriot Road (Group 1)
4
Experiential Visit to Jodia Bazaar and
Session #8
Marriot Road (Group 2)
10
Guest Speaker: Trade Marketing
Session #20 Manager–Shan
Foods)
Marks Distribution
Total
Marks Head
Marks /Head
Class Participation 10
Term Project 30
Final Exam 20
Points Grade
92.5 A
86.5 A-
81.5 B+
Grading 76.5 B
Scale: 71.5 B-
67.5 C+
63.5 C
59.5 C-
0 F
Academic Conduct
IBA policy
Plagiarism Policy
IBA policy
Class participation
Policy - I will ask you to rate your own class participation, and I will also get feedback from
Assignments: the entire class on the students they have learnt the most from during class. I will
then assess this information against my own observation, and then arrive at your
final CP. Final veto is mine, although I am quite democratic
• You attend class without showing any evidence of being ‘mentally’ present
2. Unsatisfactory (6-10)
• You are present and courteous, but do not participate very much in class even
when prompted.
3. Satisfactory (11-15)
• You are present and courteous, but participate in class only when prompted.
• The above attitude is also reflected in your case study discussions, written work and
LMS discussions.
4. Good (16-20)
• You are present and courteous, and share actively regarding assigned
readings/cases and topics under discussion.
• The above attitude is also reflected in your case study discussions, written work and
LMS discussions.
• When you are present and courteous, and provide guidance to your fellow students
during discussion.
• This is also reflected in your case study discussions, written work and LMS
discussions.
• You are present and courteous, and introduce new and thought provoking ideas,
concepts and issues in class.
• This is also reflected in your case study discussions, written work and LMS
discussions.
• You initiate classroom activities and discussions and contribute immensely to class
participation.