Year
2012
Units
4.5
Contact
1 x 3.5-hour seminar weekly
Enrolment not permitted
BUSN9203 has been successfully completed
Course context
Master of Business Administration; Master of Business Administration (Advanced); Master of Accounting; Master of Accounting (Advanced); Graduate Diploma in Business Administration; Graduate Diploma in Research (Business); Graduate Certificate in Business Administration
Topic description
This topic introduces students to the concepts and tools used in strategic marketing. It provides an appreciation of where marketing strategies fit within the overall corporate and business strategies of an organisation, and the importance of these. The topic explains how the focus of marketing plans will vary according to the stage of the product's life cycle. Other key subject areas will include the marketing mix, target marketing, consumer segmentation, and strategic market planning.
Educational aims
This topic aims to provide students with:
  • the fundamentals of strategic marketing
  • strategic aspects of marketing and where the marketing strategy fits within the overall business strategy of an organisation
  • an appreciation of the effects of the product life cycle on marketing plans, and the marketing mix, which includes product, price, promotion and distribution
  • the marketing knowledge and skills necessary to develop appropriate marketing strategies and marketing plans for businesses
Expected learning outcomes
On successful completion of this topic students will be able to:
  • appreciate the role of marketing strategies and plans within an organisation's overall corporate and business strategies
  • appreciate the manner in which the product life cycle impacts on the focus of marketing strategies and plans
  • understand and apply the concepts of the marketing mix, target marketing and market segmentation
  • investigate and analyse information for marketing decisions
  • conduct a SWOT analysis for an organisation
  • formulate marketing strategies for a particular case study
  • prepare a strategic marketing plan
  • understand the role of marketing ethics in business
  • express themselves well in a group environment
  • successfully complete projects in a collaborative environment
  • provide stand-up presentations in front of a group using PowerPoint