The definition of “Marketing”

 

 

Unit Handout

 

 

Course Description

The unit aims to introduce students to the perspectives and practices of international marketing. Due to globalization and the rapid expansion of international businesses during the past decades, students will be challenged to reflect the particularities of international marketplaces (for both industrial goods and services) and examine how companies operate and implement marketing activities in various environments. Environmental forces, cultural dimensions and the strategic organization of international activities and operations will also be addressed.

 

Course Assessment Outline

Date Assignment Weight %
Coursework 1: Individual Essay 50%

 

Unit learning outcomes

 

On successful completion of this unit students will be able to:

 

  1. Critically review the practical and theoretical issues of international marketing and the attractiveness and particularities of global markets for products and services
  2. Evaluate the impact of external environmental (cultural, social, political and economic) factors on global marketing strategies
  3. Assess the suitability of foreign expansion market entry modes and relevant strategies
  4. Examine people and companies’ skills and systems required to design and implement global marketing strategies across countries’ border

 

 

Reference Guidelines for Essays, Reports, and Presentations

Students are expected to engage with secondary literature in all written and assessed work. Below are the general indicative guidelines as to the level of engagement expected. This requirement will be discussed in detail by the unit leader at the beginning of this unit:

 

1,000 word minimum 10 references of peer-reviewed secondary sources 2,000 word minimum 15 references of peer-reviewed secondary sources 3,000 word minimum 20 references of peer-reviewed secondary sources

 

Academic peer reviewed journals are required. Domains from .com websites are not allowed except for companies of which coursework highlights. Students are strongly encouraged to refer to journals found in Science Direct, Emerald, The Directory of Open Access Journals, The Institute of Hospitality, and Mintel. If students would like to access a particular paper, but cannot access the article, please email the unit leader with the author, journal article title, the journal, volume and any other details.

 

 

 

 

                                     COURSEWORK 1: INDIVIDUAL ESSAY (50%)                                                                TASK

Students should prepare a 2,000-word essay on the topic outlined below. The definition of “Marketing” has evolved over the years from production to product to sales to societal consumer-centric marketing. There are numerous iterations of the concept, ranging from Ernest Dichter, Philip Kotler, Theodore Levitt, David Aaker, Martin Lindstrom to Douglas Van Praet and others.

Increasingly, “creating and delivering relevant value” has become the key requirement when planning the launch or relaunch of products and services. Sometimes, it is about an “unmet need”, but often what precisely constitutes “value” for consumers is ill-defined or misunderstood within an organization. Meeting currently unmet needs requires careful evaluation, e.g. potential market size, the relative importance of fulfilling such a need, the appropriateness and desirability for the value proposition in different parts of the world. Further, brands may evolve their value proposition over time to better meet changing consumer needs.

The correct identification of a value proposition from the consumer point of view is critical to market success. Some approaches include adding more functional benefits to existing products, sales promotions, micro-targeting, etc.

To what extent are these basic approaches still relevant in a volatile and uncertain environment? Are there are strategies to meet evolving needs?

 

Task : Essay

With reference to an existing global brand, analyze the extent to which it is delivering identifiable value to its consumers.

Guidelines

The analysis may include (but is not limited to) messaging analysis and strategy (marketing communications), description of the target market and the corresponding relevance of the value proposition, positioning, how and the value proposition is relevant globally, potential adjustment of the value proposition in future (if needed and why), the consumer insight which identified the value proposition, etc. Keep in mind that the value proposition may be functional, emotional or both and may involve texture, packaging, color, claims, size, dosage, application (s), design, communication channels. Using the marketing mix may provide a useful format for the essay. It is important however to identify the single most important value proposition which differentiates the brand from its current competition.

 

 

Formative assessment will require students to compile a referencing list of the secondary sources they propose to engage with in the writing of the essay.

 

Submission Guidelines

 

  1. Submission is only possible electronically through turnitin.com
  2. No hard-copy submission is required
  3. What you need to do is submit only once through turnitin.com by using the following details:
  4. In case that you do not have a turnitin.com account, it is essential to create one, prior to submission
  5. Please note that submission date is September 26, 2022 and you should submit by 5:00pm CET at the latest.
  6. After this time, no submissions will be accepted by the system (also be reminded that a late submission will result to a 0%).

 

Important Notes

·         In-text citations and references should be following the appropriate MMU Harvard Referencing format and guidelines

 

Individual Essay Marking Criteria – these include but are not confined to the following:

 

Criteria Weighting
1. Content 30%
2. Application of theory 15%
3. Knowledge and Understanding 15%
4. Evidence of Reading 20%
5. Referencing 10%
6. Presentation, grammar and spelling 10%

 

Formatting Guidelines for Essays

 

  • Font, font size, line spacing and pagination (page numbers)

It is IMI policy that all assessed work should be typed and presented using the Times New Roman font, size 12 except when otherwise stated by the lecturer. For line spacing, 1.5 or double spacing should be used for all assessed work. Pages should be numbered starting with the first page after the title page. Page numbers should be placed on the bottom right of the page.

(b)  Title pages

Essays should have title pages – please see a template uploaded on IMM’s Moodle homepage. Under no circumstances ‘decorate’ the cover of your essays – keep it simple, straightforward and follow these guidelines. Nearly all marking in the School is anonymous: therefore, DO NOT put your name on the piece of work you are submitting.

(c)  Abstracts

An abstract is a summary of 100 – 150 words, normally written on the title page as shown in Table 3.4, outlining the main themes and/or arguments of your work, the direction your work takes and its conclusions. It is not an introduction to your essay. Check articles in the journals in the Library to see what an abstract look like.

(d)  Paragraphs and sentences

When writing, it is a good idea to keep new ideas in new paragraphs. Do not number the paragraphs. When moving to a new paragraph you should leave a line (or two) between paragraphs so that it is clearly separated.

(e)  Personal pronouns: I or we?

Personal pronouns are not used in essays, reports or dissertations – no ‘I’ or ‘We’, unless stated by your lecturer. So ‘I interviewed three hundred managers’ becomes, ‘Some 300 managers were interviewed’.

 

Written Work Grading Matrix Template (applicable for Individual Essays & Group Reports)

 

Classificati on %

Range

Content 30% Application of      theory 15% Knowledge and Understandin g 15% Evidence of Reading 20% Referencing 10% Presentatio n, grammar and spelling 10%
Outstanding 80-100 Outstandin g – Extensive critical evaluation & synthesis of issues & material which includes an original & reflective approach. Outstanding

– Extensive evidence of relevant and perceptive application of theory, &/or empirical results, where applicable

Outstanding – Exceptional knowledge & in-depth understanding of principles & concepts Outstanding evidence of reading with a distinguished range of contemporary sources with high impact factors. Outstanding Referencing. Original sources were predominant with outstanding paraphrasing interpretations

. Citations and reference list were immaculately displayed according to the MMU Harvard Reference Guide. The presentation of the reference list was

consistent.

Outstanding

Outstanding, well-directed presentation

, logically & coherently structured, using correct grammar & spelling

Excellent 70-79 Excellent – Critical evaluation & synthesis of issues & material which includes original & reflective thinking Excellent – Clear evidence of relevant application of theory, &/or empirical results, where applicable Excellent – Excellent knowledge & depth of understanding of principles & concepts Excellent evidence of reading with a range of seminal works and contemporary studies with high impact factors. Excellent referencing. Citations and reference list were displayed according to the MMU Harvard Reference Guide. The presentation of the reference list was

consistent.

Excellent – Excellent, well-directed presentation

, logically structured, using correct grammar & spelling

Good 60-69 Good quality – Critical evaluation & synthesis of issues & material Good quality

– Evidence of relevant application of theory &/or empirical results, where applicable

Good quality – Comprehensiv e knowledge & depth of understanding of principles & concepts Good evidence of reading with a range of sources including textbooks, peer reviewed journals and/or conference papers. Good referencing . Citations and reference list were displayed according to the MMU Harvard Reference Guide with

good levels of consistency.

Good quality

– Good quality presentation

, well structured, using correct grammar & spelling

Acceptable 50-59 Acceptabl e – Accurate description of main issues & material, with some critical evaluation Acceptable – Occasional relevant application of theory, &/or empirical results where applicable Acceptable – Appropriate knowledge & understanding of principles & concepts Satisfactory evidence of reading including the core textbook and peer- reviewed studies. Acceptable referencing. Citations were consistent and the reference list adhered to a Harvard Referencing system; although not always in line

with the MMU Harvard

Acceptable – Orderly presentation & structure with acceptable grammar & spelling

 

Referencing Guide.
Adequate 40-49 Adequate

– Limited evaluation & description of main issues & material

Adequate – Limited evidence of relevant application of theory &/or empirical results Adequate – Basic knowledge of key principles & concepts only Adequate – Evidence of basic reading only with evidence of reliance on web resources. A minimalistic attempt to reference.

The reference list has errors and needs to adhere to the MMU

Reference Guide.

Adequate – Adequate presentation & structure, grammar & spelling
Fail Limited 30-39 Fail – Fail – limited Fail – limited – Fail – limited – Insufficient Fail – limited
limited – – No Limited &/or Minimal citing and – Poor
Omission evidence of superficial evidence of referencing presentation
of some relevant knowledge of reading with poor & structure,
relevant application key principles presentation, grammar &
material of theory & concepts structure, spelling
&/or grammar and
empirical spelling. No
results evidence of
using the
MMU Harvard
Referencing
Guide.
Unacceptabl 0-29 Fail – Fail – Fail – Fail – Inadequate Fail –
e Fail unaccepta unacceptabl unacceptable – unacceptable citing and unacceptabl
ble – e – No Insufficient -Little or no referencing e –
Insufficient evidence of evidence of evidence of with Inadequate
& largely application key principles reading unacceptable presentation
irrelevant of theory & concepts referencing , structure,
material &/or presentation grammar &
empirical spelling
results

 

Coursework 1: Individual Essay (50%)
Marker:
Student Number: Marker No:
Date due: Date

marked:

 

Mark:

 

0

 

Rating Scale & Weighting

enter mark Outstandi ng Excelle nt Goo d Accepta ble Adequa te Fail – limited Fail – unaccepta

ble

0 -100  

80 – 100

 

70 – 79

60 –

69

 

50 – 59

40 to

49

 

35 – 39

 

0 – 34

30% Content 0.0
15%

Application of Theory

 

0.0

15%

Knowledge and Understandin

g

 

 

0.0

20%

Evidence of Reading

 

0.0

10%

Referencing and

Bibliography

 

0.0

10%

Presentation,

Grammar and Spelling

 

0.0

Mark For Paper  

0.0

 

0.0

 

0.0

 

0.0

 

0.0

 

0.0

 

0.0

Content
Application of Theory
Knowledge and

 

understandin g
Evidence of Reading
Referencing & Bibliography
Presentation, Grammar & Spelling
Feedback to Feed Forward

 

 

FEEDBACK AND COMMENTS

 

 

Marker’s Name:
Date:
Signature:

 

 

 

Undergraduate and PG Diploma
DESCRIPTOR GRADE MARK BAND
Excellent A 70%+
Good Pass B 60%-69%
Clear Pass C 50%-59%
Pass D 40%-49%
Fail F Less than 40%

 

 

 

 

 

Fair responses to questions.

MARK BREAKDOWN AND OVERALL MARK

 

PART A: GROUP REPORT (60%)
OVERALL GROUP MARK (100%)
OVERALL GROUP MARK (60%)

 

PART B: INDIVIDUAL ORAL PRESENTATION

PERFORMANCE (40%)

Student Name &

Number

Individual

Mark (100%)

Individual

Mark (40%)

OVERALL

MARK

 

ADJUSTED TOTAL MARK (WHERE APPLICABLE)

 

 

Marker’s Name:
Date:
Signature:

 

 

Undergraduate and PG Diploma
DESCRIPTOR GRADE MARK BAND
Excellent A 70%+
Good Pass B 60%-69%
Clear Pass C 50%-59%
Pass D 40%-49%
Fail F Less than 40%

 

 

 

 

 

 

Programme LOAs covered

 

Programme Learning Outcomes (PLOs) phrased as professional skills for clarity in communicating with students and employers. Professional Skills/Traits which are being developed in the assignment brief are based on the AOL Programme Learning Outcomes and using the terms Early Career Professional Skills (undergraduate).

 

 

 

 

 

Analytic Programme PLOs

 

PLO 1: Our graduates will apply critical thinking to practical and theoretical

problems

Performance

Indicator 1.1

Identify and apply information critically in relation to

context

Trait Ref Trait Description
1.1.1 Identify and interrogate relevant data and literature sources using

methods appropriate to level of study and to discipline

1.1.2a (UG) Apply theory to discussion and analysis

 

PLO 2: Our graduates will be effective communicators using a range of media
Performance

Indicator 2.1

Demonstrate communication skills at the appropriate level and using

appropriate media

Trait Ref Trait Description
2.1.3 Demonstrate digital skills appropriate to level and to discipline

 

 

 

PLO 3

Our graduates will demonstrate an awareness of ethical, corporate social responsibility and sustainability issues appropriate to the level of

study and the discipline context

Performance

Indicator 3.1

Identify and interrogate issues of ethics, responsibility and sustainability
Trait Ref Trait Description
3.1.1 Recognise, explore and reflect on key ethical issues as they affecting

own and others’ practice.

3.1.2 Recognise, explore and reflect upon corporate social responsibility and

sustainability issues as they affect different stakeholders.

 

PLO 4 Our graduates will demonstrate professional and commercial/corporate

awareness

Performance

Indicator 4.1

Demonstrate critical professional and commercial/corporate awareness

in your discipline

Trait Ref Trait Description
4.1.1 Identify and explain professional and commercial/corporate issues
4.1.2 Critically evaluate professional and commercial/corporate issues
4.1.3 Critically reflect upon own development as a current or future

professional

Performance

Indicator 4.2

Demonstrate global and/or international awareness of business

practice

Trait Ref Trait Description
4.2.1 Identify and explain debates in their global and/or international context
4.2.2 Critically discuss the global and/or international context

 

 

PLOAs

 

PLOA Link with the Assessment
How can a student achieve this LOA

 

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