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DEPARTMENT
Teachers’ Subject Outline # 6
TIME FRAME (WEEK): Week 6
Subject Name: Mktg
Subject Descriptive Title: Principles of Marketing
Market research exists to guide the business decisions by giving the business insight
into the market, competitors, products, marketing and customers. This enables the
business to make informed choices. Market research will help the business develop a
successful marketing strategy1.
Market research helps reduce risks by allowing the business to get product, price and
promotion right from the outset. It also helps the business to focus to resources where
they'll be most effective1.
On Unit 3 chapter 8, read the article titled “A Short Glimpse of a Consumer Groups
by Generation” at page 70, and answer the discussion questions at page 72.
B. INPUT
C. MODELING
Read the importance of Marketing Research and its process at page 73.
E. GUIDED PRACTICE
F. INDEPENDENT PRACTICE
Answer the Learning Tasks activities under marketing vocabulary and marketer
in action at page 76.
G. WRAP UP
V. ADDITIONAL RESOURCE