mkt101
mkt101
Catalog description:
A study of the process of planning and executing the conception, pricing, promotion, and distribution of
ideas, caption, pricing, promotion, and distribution of ideas, good, and services that satisfy individual
and organizational objectives.
Program Learning Outcomes (PLO) for Business Studies (AAS) Entrepreneurship and
Management Concentrations
1. Use effective verbal and written communication in conducting business;
2. Analyze/resolve problems common to entry-level business positions;
3. Apply management skills in a variety of business functions;
4. Comprehend how the global economy and international events affect domestic and international
business decisions;
5. Understand basic accounting statements and their role in managing a business;
6. Identify unethical behavior in a business setting and formulate appropriate action;
7. Understand, analyze, and discuss current economic events and problems;
8. Acquire computer literacy and exposure to hardware, software, networking, databases, and ethical
issues;
9. Apply financial concepts and tools to achieve personal goals.
Unit II [Unit II Marketing research and market segmentation] [Supports Course SLO # 3, 6 ]
Learning Objectives:
The student will be able to:
Provide examples of consumer and business markets
Explain the social, psychological, cultural and individual factors used by consumers in
the decision making process Identify and address ethical issues that may arise in
marketing a product
Appreciate the importance of understanding consumer behavior in developing a marketing
plan
Explain the behavior of business buyers and how business markets differ from consumer
markets
Discuss the bases for segmenting both consumer and business markets and the
criteria for successful segmenting
Explain the strategies used to select a target market
Discuss the application of positioning and repositioning to achieve competitive advantage
Explain the importance of marketing research in defining and reaching the target market
(CG#3)
Identify the sources of research data
Outline the steps in conducting market research
Unit III [Unit III Product Decisions] [Supports Course SLO # 6, 7,8, 9 ]
Learning Objectives:
The student will be able to:
Define a product, product line and product mix and give examples of product classifications
Explain the benefits of branding and discuss strategies for successful branding
Discuss the decisions surrounding the product’s packaging and how those decisions are
impacted by the global marketplace
List and explain the steps in the new product development process
Describe the stages of the product life cycle and how marketing strategies change
during each stage
Identify global and ethical issues which affect new product development
Distinguish between goods and services and explain marketing mix issues unique to
services
Unit VII [Unit VII Technology Driven Marketing] [Supports Course SLO # 5 ]
Learning Objectives:
The student will be able to:
Define Customer Relationship Management
Explain specific benefits and the process of using technology to leverage customer
information in developing the marketing mix.