MBA 630 Strategic Marketing
S2P 2011 DL
Dane, Kristopher Ryan
M.B.A. Park UniversityBSBA Management/Finance, Park University
03/14/2011 to 05/08/2011
Strategic Marketing, by David Cravens, 9th edition, McGraw-Hill, ISBN#007-338100-4
Marketing, Annual Editions 10/11 ISBN # 007-352859-5
Textbooks can be purchased through the MBS bookstore
Textbooks can be purchased through the Parkville Bookstore
· Academics @ AMA
· Academy of Marketing Science Review
· Advances in Consumer Research Asia Pacific Journal of Marketing and Logistics
· Asian Journal of Marketing
· Australasian Marketing Journal
· Consumption, Markets and Culture
· Corporate Reputation Review
· Direct Marketing: An International Journal
· European Journal of Marketing
· Health Marketing Quarterly
· Industrial Marketing Management
· International Journal of Advertising
· International Journal of Bank Marketing
· International Journal of Consumer Studies
· International Journal of Electronic Marketing and Retailing
· International Journal of Internet Marketing and Advertising
· International Journal of Market Research
· International Journal of Media Management
· International Journal of Mobile Marketing
· International Journal of Nonprofit and Voluntary Sector Marketing
· International Journal of Retail and Distribution Management
· International Journal of Research in Marketing
· International Journal of Sport Management and Marketing
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I believe that students gain the most from the on-line classroom with multiple formats, stimulation though an active discussion board and reinforcement by applying solutions to real business problems via project driven case analysis. The Instructor's role is to facilitate the course materials. I will make it my priority to spark your interests in finding solutions to problems, and avoid feeding information for you to memorize and then repeat back to me on an exam.
In order to meet the required learning outcomes, students will read the assigned course materials, prepare written assignments for submission in the drop-box, participate in meaningful exchange via the weekly discussion board topics, and engage in a group project in order to compile a comprehensive business proposal. These tasks will be delivered to you in both an asynchronous and synchronous environment where applicable.
I enjoy the on-line academic environment immensely. Students and Instructors have the unique opportunity to interact extensively on a distance and time-independent platform. My primary goal is to present information in fair and effective manner. I encourage and value feedback from my students, and use that feedback to continuously improve the ability to deliver a positive learning experience.
Learning Outcomes: Core Learning Outcomes
Weekly Forum Discussions
Individual Written Assignments (take home)
Final Team Project
Group Final Project 100
Individual Written Assignments 200 (100@ 2)
Weekly Forum Discussion 100 (12.5@ 8)
A = 90 - 100%
B = 80 - 89%
C = 70 - 79%
D = 60 - 69%
F = 59% and below
Late Submission of Course Materials:
Each student is required to turn in at least two- written case analysis and article summary during the session. Assignment and questions must be answered using the analytical and critical thinking skills and be free of grammatical and spelling mistakes. A failure to follow instructions will end up with a failing grade. Thread discussion questions, case analysis, article summary and team project (start up Business plan) are required for this course. It is also required that all team members participate evenly in the final project. Failure to do so will end up with a failing grade in the final project. All the written assignments and/or class presentations must be done with thorough details and turned in on time. Students are also required to sign in 4 days per week for an hour each day to contribute on the forum discussions.
Classroom Rules of Conduct:
Students are expected to interact and communicate with the instructor and their peers with respect, tolerance, and professionalism. Healthy debate is always acceptable and encouraged, but students are reminded that debate should be backed by knowledge and ideas and tempered with compassion and an open mind. Failure to abide by these tenets will result in a conference with the instructor for the first offense and referral to the dean for subsequent offenses. Expletives and foul language are not tolerated under any circumstances.
Students are also expected to participate fully in all assignments, especially the team project. Part of respect for your peers is completing assigned tasks on time and to the best of your ability. Each team member will have an opportunity to review other team member performance and participation, and the result may affect the final project grade.
Academic Honesty:As a learning community, the University upholds the highest standards of academic integrity in all its academic activities, by faculty, staff, administrators and students. Academic integrity involves much more than respecting intellectual property rights. It lies at the heart of learning, creativity, and the core values of the University. Those who learn, teach, write, publish, present, or exhibit creative works are advised to familiarize themselves with the requirements of academic integrity and make every effort to avoid possible offenses against it, knowingly or unknowingly. Park University 2010-2011 Graduate Catalog Page 20
Plagiarism involves the appropriation of another person's ideas, interpretation, words (even a few), data, statements, illustration or creative work and their presentation as one's own. An offense against plagiarism constitutes a serious academic misconduct. Although offenses against academic integrity can manifest themselves in various ways, the most common forms of offenses are plagiarism and cheating. Plagiarism goes beyond the copying of an entire article. It may include, but is not limited to: copying a section of an article or a chapter from a book, reproduction of an art work, illustration, cartoon, photograph and the like and passing them off as one's own. Copying from the Internet is no less serious an offense than copying from a book or printed article, even when the material is not copyrighted.
Plagiarism also includes borrowing ideas and phrases from, or paraphrasing, someone else's work, published or unpublished, without acknowledging and documenting the source. Acknowledging and documenting the source of an idea or phrase, at the point where it is utilized, is necessary even when the idea or phrase is taken from a speech or conversation with another person.
Park University 2010-2011 Graduate Catalog Page 20
Instructors are required to maintain attendance records and report absences. Excused absences can be granted by the instructor, for medical reasons, school sponsored activities, and employment-related demands, including temporary duty. Students are responsible for any missed work. Absences for two successive weeks, without approved excuse, will be reported to the Director of the individual graduate program, or to the Executive Director for the Graduate School, for appropriate action. Students with such a record of absences, without an approved excuse, may be administratively withdrawn from the class and notified that an "F" will be recorded, unless the student initiates official withdrawal from the class(es).Park University 2010-2011 Graduate Catalog Page 24
Disability Guidelines:Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .
BUSINESS PLAN OUTLINE
Come up with a startup company. The business plan must contain but not limited to the following:
Present a brief summary of the main goals and recommendations of the plan for management review, helping top management to find the plan’s major point quickly. A table of contents should follow the executive summary.
In a one- to three-page summary, describe the company’s products/services, their user benefits, and evidence of their acceptance by customers; management’s qualifications and major accomplishments; the amount of land uses for capital required; investor benefits; market size and growth rate; and the identity of the company’s market niche.
For each officer of the company, please provide the following information: name, years of experience in the company’s industry, responsibilities/functions of positions with company; salary, bonus, ownership interest in the company; relevant qualities, achievements, track record, and education.
What are the strengths and weaknesses of the company’s management team and its board of directors?
Explain how the company will add capable members to its management team.
Explain how will the management team grow and continually improve itself.
Provide an organization chart that reflects the company’s management hierarchy.
Core competency and Sustainable Competitive Advantage
Situation Analysis (SWOT)
Define the approximate size, in units and dollars, of the target market for each of the company’s products/services.
Provide management’s estimate of the company’s market share and associated industry rank for both the last three years (actual) and the next three years (projected).
What has been the growth and profitability history of the industry, and what are its future prospects? If the projected growth rate exceeds the historical growth rate, discuss the major factors behind the company’s assumptions (e.g., technological breakthroughs, lower production costs that can be passed on to customers).
In which geographic areas are the company’s sales concentrated?
Please explain why customers have purchased/will purchase the company’s products/services. What benefits do your products/services offer to your customers (e.g., quality, service, price, styling, convenience, and improved technology)? What previously unsatisfied customer needs do the company’s products/services fulfill?
How will the company’s products/services be marketed (i.e., pricing, promotion, advertising, trade show participation, distribution channels/sales organization, customer service/warranty program, return privileges)?
Explain the competitive forces that affect your industry and/or market segment (i.e., rivalry among existing firms, threat of new entrants, threat of substitute products, bargaining power of suppliers, bargaining power of customers).
Define your major competitors’ future goals, current strategies, and assumptions about the industry/
Compare the company’s strengths and weaknesses with those of its major competitors.
Provide an analysis of how the company’s management plans to capitalize on competitors’ weaknesses and how it will counteract competitors’ strengths. Understanding the competition’s strengths and weaknesses, as well as your own, are key to defending your market share, uncovering market opportunities, and developing an effective unique selling proposition.
Explain how the company differentiates/will differentiate its products/services from the competitions.
Describe how your company will monitor the competition on the continual basis.
Customer characteristics: (demographic, household composition etc.)
Define how the company will sell its products/services (e.g., executive selling, in-house sales force, sales representatives, distributors, direct mail, and retailers). Provide economic justification for your choice of selling methods.
Spell out how your marketing strategies will be turned into specific action programs that answer the following questions: what will be done? When will it be done? Who is responsible for doing it? How much it will cost?
Detail a supporting budget that is essentially a projected profit-and-loss statement. It must show expected revenues (forecasted number of units sold and the average net price) and expected costs (of production, distribution, and marketing). The difference is the projected profit.
Outline the control that will be used to monitor progress and allow upper management to review implementation results and spot products/and or services that are not meeting their goals.
Last Updated:2/25/2011 11:47:21 AM