Principles of Marketing Winter 2014 Instructor Contact Information: Name: Xuefeng iu !ffice: IC "#1 !ffice $ours: Mon%a&s " ' ( pm )or *& appointment+ ,mail: -uefeng.liu/utoronto.ca )preferre% contact+ 0elep$one: 411 20# 4241 Class 3a&40ime : 0ues%a&s: (pm52pm Class ocation: IC 212 0A: 6tanle& 0sang 0A email: stan.tsang/mail.utoronto.ca !ffice $our: We%nes%a&: 10511am 0$urs%a&: 10511am 0A office: IC 221 Course 7e*site: $ttp:44portal.utoronto.ca C!896, !80IN,
Introduction This course is intended to introduce you to the essential principles of marketing: how firms and consumers behave and what strategies and methods marketers may use to successfully operate in todays dynamic environment. Specifically, the course goals are: To introduce you to the elements of marketing analysis: customer analysis, company analysis, and competitor analysis. To familiarize you with different marketing tactics, namely the elements of the marketing mix product, pricing, promotion, and distribution strategies! to enhance your problem solving and decision making abilities. To learn from others success and others failure. To advance your ability to solve marketing"related problems. Format To achieve the ob#ectives stated above, classroom activity will consist of lectures, class discussions and in"class exercises. $n addition, $ would fre%uently be using videos to demonstrate the concepts that we discuss in class. &ou would be responsible for the text book ' although some chapters may not be covered in class in as much detail as the others. (ectures will complement the book and hence are likely to go *e&on% the material in the textbook rather than merely repeating it. $ will also provide you with copies of any out"of"text material used in the course ' which will be posted ahead of time on the )lackboard. $n addition, from time to time, $ would give *anagement, +,-. *ilitary Trail, Toronto, /0, *+1 +23, 1anada www.utsc.utoronto.ca4mgmt + you small exercises in class and4or to be done before class. These exercises are meant to help you better appreciate the concepts learnt in class as well as to start applying them in different contexts. Textbook will form an important resource for learning and you will be expected to come to class having read all assigned readings *efore each class. $t is my firm belief that speaking up in class and sharing your thoughts, %uestions, and ideas is a good way to raise the level of learning for everyone. &ou must actively participate in the class, and ask %uestions, and also cite your own experiences. So be prepared to speak up5 Also: please ensure t$at &ou make a name stan% for &ourself an% %ispla& it at all times %uring t$e class. Required tet!ook and ot"er materials Principles of Marketing, 6th 1anadian 7dition by 8hilip 9otler, :ary 2rmstrong, ;alerie Trifts, and 8eggy 1unningham, 8ublisher: 8earson 7ducation 1anada (ecture 0otes and Supplementary <eadings: available *efore each class at the )lackboard. ;ideo clips may only be shown in class once and will not be kept in the library. $t is important, therefore, that students attend all lecture sessions so as not to miss any video material. Gradin# $c"eme =inal grades should usually range from 2 to 1. &ou really would have to work hard to get a > or an =, although $ wont be shy to give you one if you deserve it. The trick to getting a good grade in this course is to focus on understanding and applying the concepts. ?ence, the exams will be designed to test your understanding of the concepts learnt in class and your ability to apply them in @real contexts. The specific grading scheme for the course will be as follows: %oursework &ei#"tin# 'ature o( )ctivity 'ote 1lass 2ttendance and 8articipation .A $ndividual 7xam + 3BA $ndividual 7xams are not cumulative 7xam , 3BA $ndividual $ndividual 2ssignment .A $ndividual 1ase <eport .A :roup 8eer 7valuation 1ase 8resentation .A :roup 8eer 7valuation 2ttendance and 1lass 8articipation .A! &ou cannot contribute if you miss the class. So it is strongly recommended that students attend every class session. Chile $ do not make attendance mandatory, an important component of the overall grade is class participation ' and students who miss classes tend to lose out. $ will take attendance . times randomly across the semester. 7ach attendance is worth + point in your final grade. 2lthough the classes will primarily be lecture"based, to encourage active learning participation in class discussions will be rewarded. &ou will be graded on the ;ualit& of your class participation. :iven that the class sizes tend to be fairly large for this course, it might be difficult at times to keep track of everyones participation. ?ence students who do not display their name"cards prominently may be at a disadvantage.
*anagement, +,-. *ilitary Trail, Toronto, /0, *+1 +23, 1anada www.utsc.utoronto.ca4mgmt , *id"term 3BA! and =inal 3BA! 7xams There will be a mid"term and final exam in which material from lectures, assigned readings4handouts, and the textbook will be covered. *ake"up exams will not be given. Students who are unable to take the mid"term exam should contact me ahead of time and provide a note from the doctor or other appropriate authority to explain the reason. 8rovided that this is done, the weight of the missed exam could be transferred to the final exam. The mid"term and the final are both two"hour exams. The final e-am 7ill not *e cumulati<e. The exact dates for the exams will be announced later. $ndividual 2ssignment .A! &ou need to visit a local =est =u& or >uture 6$op store in person and identify a potential marketing problem4 opportunity that the store has e.g., display arrangements of productsD efficiency of staff members, etc.!. )ased on what you have learned in class, you need to +! analyze the real4potential conse%uences of this problem, and ,! propose a solution to the problem, assuming that you are the top manager of the store. $n the analysis, please consider the most important one or two factors that you think make the store fail and4or thrive. Specifically, you may want to: $dentify the factors that should have fundamental influences on store performance. Chat are the possible conse%uences of these effectsE (ist the evidences that you have observed in the store to support the above conclusions. ?ow should )est )uy4 =uture Shop respondE That is, what should the management do to enhance these effects if they are positive, or to eliminate them if they are negativeE This assignment should be not exceed 5 pages double-space typed prose (1 margins, 12-point type) plus exibits. /nly hard copy will be accepted. The deadline could be seen in the course outline below. :roup 8ro#ect .A! and 8resentation +BA! There is one coursework component that re%uires working in groups: !ase analysis" :roup =ormation >epending upon the class enrolments, students should form themselves into groups of ."F members. There should be no more than +B groups in the class. The final list of group names should be submitted to the T2 before the beginning of class on week G. &ou must form groups within your own section. &ou are expected to work with other members of your group in undertaking the above pro#ect. &our individual contribution to the group efforts and accomplishments will be reflected in a peer assessment4team evaluation. 0o group swapping is allowed. &ou are also expected to manage your group activities effectively and efficiently. 8eer 2ssessment4Team 7valuation $n order to recognize individual contributions in team activities, and to prevent free"riding problems, team evaluation results will be used to ad#ust the final individual grades. 2 case will be distributed at the beginning of /ctober. :roups are expected to figure out the real problems! that the focal firm is facing, analyse the possible causes of the problems!, and provide the most efficient resolutions. *anagement, +,-. *ilitary Trail, Toronto, /0, *+1 +23, 1anada www.utsc.utoronto.ca4mgmt G 2ll groups are expected to submit a report which is not exceed H pages double"space typed prose +I margins, +,"point type! plus exhibits, and make an H"minute 8ower 8oint presentation. 2 softcopy of the slides should be submitted by each group before the lecture starts on the designated presentation date. =urther information regarding the guidelines for writing the report, and the grading criteria for each of its components will be communicated later. 2ssignments submitted by fax or email will not be accepted under any circumstances. 2 hard copy should be submitted in class or to my office. The deadline of this group assignment could be seen in the course outline below. )cademic $u**ort The >epartment of *anagement, in collaboration with the JTS1 library, will be providing academic research support in the $1 )uilding. To refine your research skills or to learn more about various scholarly resources, please contact the (ibrarian for *anagement and 7conomics students. (ola <udin, (iaison (ibrarian, *anagement and 7conomics <oom $1GF. 7mail: lrudinKutsc.utoronto.ca Ceb: http:44guides.library.utoronto.ca4utscLmgt
The 7nglish (anguage >evelopment 1entre 7(>1! helps students develop the critical thinking, vocabulary and academic communication skills essential for achieving academic and professional success. 8ersonalized support includes: <C7 for academic writing!D 1ommunication 1afMs oral!D >iscussion Skill")uilding 1afMsD ;ocabulary 1afMsD seminars4workshopsD personal 7(> consultationsD drop"in sessions. http:44ctl.utsc.utoronto.ca4eld4 The Criting 1entre TC1! offers invaluable services to students learn to become a better writer5! and offers many different kinds of help: drop"in sessions, individual consultations, workshops, clinics, and online writing handouts. http:44ctl.utsc.utoronto.ca4twc4
)cademic Misconduct Students should note that copying, plagiarizing, or other forms of academic misconduct will not be tolerated. 2ny student caught engaging in such activities will be sub#ect to academic discipline ranging from a mark of zero on the assignment, test or examination to dismissal from the university as outlined in the academic handbook. 2ny student abetting or otherwise assisting in such misconduct will also be sub#ect to academic penalties. *anagement, +,-. *ilitary Trail, Toronto, /0, *+1 +23, 1anada www.utsc.utoronto.ca4mgmt 3 3etaile% Course !utline: Week 3ates 0opic4Case 0e-t 9ea%ings )9ea% *efore class+ + September , $ntroduction to *arketing 1h+ , September 6 *arketing <esearch 1h G N 1h . G September +- 1onsumer )ehavior 1h - 3 September ,G #isiting a $tore% &n exercise 0o lecture . September GB *arketing Strategy 1h H - /ctober F 8roducts, Services, and )rands 1h 6, +B The individual assignment due today by .pm F /ctober ,+ MI+ T,RM ,-)MI')TI.'/ +ate to !e announced 0o lecture *idterm exam will cover chapter +, G, ., -, and H, but not 6 and +B H /ctober ,H 8ricing Strategy 1h ++ 6 0ovember 3 *arketing 1ommunications 1h +3 N+. +B 0ovember ++ 8ersuasion 1h +- ++ 0ovember +H 1reating 1ompetitive 2dvantage 1h +H +, 0ovember ,. :roup 8resentations T)2 >inal ,-am The final will cover chapter 6, +B, ++, +3, +., +-, and +H *anagement, +,-. *ilitary Trail, Toronto, /0, *+1 +23, 1anada www.utsc.utoronto.ca4mgmt .
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