BMM3013 Starting and Business and Fundamentals of Marketing Module Handout 2021-22 (1)
BMM3013 Starting and Business and Fundamentals of Marketing Module Handout 2021-22 (1)
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Welcome to Starting and Business and Fundamentals of
Marketing
We're going to study how to start a small business and principals of marketing.
What is a small business? How is a business established in the UK, what constraints and
opportunities face small businesses? The principle of competitive advantage and how it
pertains to every business. This will include an introduction to SWOT analysis methods. The
modern business environment. Business plans. Sustainability (financial and environmental)
for business. Finally, an introduction to the principles of business finance.
The marketing aspect of the module will begin with market research techniques. This will
include research into new / burgeoning markets, establishing a base line understanding of a
market. What are the ‘4 P’s’ of marketing? Developing a simple marketing plan.
Finally, the course will conclude with an overview of how the internet and advanced
communications technology has facilitated small businesses, how businesses use
social media, and how these may be harnessed to reach an audience for your business.
Once you have done this module you will be able to:
Undertake simple research into a new market area and present the research
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MODULE GUIDE
1. Module Code and Title:
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6. Learning Outcomes and Summary of Content:
Moduel Value:
In thie module, the students will examine the modern business environment and how 'start-up'
businesses grow as technology advances. They will focus on sustainability and the opportunities or
limitations small businesses face, as well as developing their own concepts and business plans
through a series of lectures, workshops, course work and group work.
Case studies will be used to demonstrate how the students may develop their own business plan. A core
text will be used, and will be augmented by reference to other materials relevant to the students.
Learning will be supported with materials posted on Moodle, and Panopto videos. In addition, social media
shall be used to provide an alternative communications model for the student body to support the
perception that starting a business is an enterprise they may wish to engage in.
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8. Weekly Breakdown of Sessions
(LO 1)
(LO 1)
Week 5 The marketing aspect of the module will begin with market research techniques.
(LO 2)
Week 6 This will include research into new / burgeoning markets, establishing a base line
understanding of a market.
(LO 2)
Week 7 What are the ‘4 P’s’ of marketing? Developing a simple marketing plan.
Case studies of different companies Marketing mix
(LO 2)
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Week 8 Based on the research into market area, students will discuss
(LO 3)
Week 9 Finally, the course will conclude with an overview of how the internet and
advanced communications technology has facilitated small businesses
Case study and professional discussion on the small businesses and marketing
technologies
(LO 4)
Week 10 How businesses use social media, and how these may be harnessed to reach an
audience for your business.
Professional discussion and group opinion on social media for small businesses
(LO 4)
Please note that this schedule is indicative only and may be subject to change.
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RE-ASSESSMENT PERIODS
To be decided nd
2 Re-assessment submission date (Project)
Resit periods
The re-assessment date for all modules will start in September. Foundation Year students may be eligible
for a second re-assessment. Specific dates are listed above.
If you do not submit for the specified period, you will forfeit your resit attempt.
Assessment
Any choices of assessment components available to students must be clearly indicated, with the alternatives detailed in separate rows.
NA
Do all individual components need to be passed to pass the module overall? Yes
Not
Can this module be condoned for marginal failure?
applicable
Not
Can this module be compensated?
applicable
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*Not applicable if the module is undergraduate and over 20 credits
**Not applicable if the module is Level 5, 6 or 7 (as there is no PLA available)
Further details relating to assessment
(eg. the make-up of any portfolio, non-standard marking criteria, ‘qualifying marks’ and marking schemes, how ethical approval is
obtained for any research element of the module and how any research proposal or feasibility study contributes to the
assessment and grading of the module)
The business plan will be submitted at the end of the Second Semester and represent a simple
piece of market research, and an application of the principles of the course as outlined week by
week.
The choice of poster presentation in this module at the end of semester 2 is meant to mirror
some of the key aspects of establishing a business in a low-tension environment. The student
will not have to prepare a PowerPoint slide, but will instead be expected to summarise their
business plan as designed using a simple poster / infographic. This should be appropriate for
the student target audience intended to enrol on this module.
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10. Assessment Criteria Grid
Pass Fail
Mark criterion 1 You have demonstrated the ability to present module You have not demonstrated the ability to present module specific
specific content effectively to an appropriate audience. content effectively to an appropriate audience.
Mark criterion 2 You have sufficiently employed academic skills and You have not sufficiently employed academic skills and
conventions to achieve the learning objective(s) that the conventions to achieve the learning objective(s) that the task
task assesses. assesses.
Mark criterion 3 You have managed to present a well-structured piece of You have not managed to present a well-structured piece of
assessment work. assessment work.
Mark criterion 4 Your work draws upon academic sources in an appropriate Your work does not draw upon academic sources in an
way. appropriate way.
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11. Resources
Core
Hall, Jones, Raffo, Anderton, Chambers, Gray (2008) Business Studies (4th Edition) Pearson,
London
Burns (2016) Entrepreneurship and Small Business; Start Up, Growth and Maturity. London,
Palgrave
Recommended
Tuten, Solomon (2018) Social Media Marketing 3rd Edition. Los Angeles, SAGE Folinas,
Fotidadis (2018) Marketing and Supply Chain Management. London, Routledge Njissen
(2017) Entrepreneurial Marketing. London, Routledge
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