College of Business

Oregon State University

 

Winter 2006                                                                Instructor: Stephen K. Kim

Marketing Policy (BA499)                                            Office: Bexell 402

                                                                                    Phone:737-6060(o)754-3386 (h)

                                                                                                737-4890 (fax)

                                                                                    email: kim@bus.oregonstate.edu      

 

Class meets: 10-11:50 Tu, Th

Office hours: 1:00 – 2:00 Mo; 2:00 – 3:00 We; 3:00-4:00  Friday and by appointment

                       

 

Course Description

 

This capstone course is an integration of all the marketing courses you have taken so far. The course examines every step of marketing plan development and you will develop a marketing plan for the firm of your choice.  It is designed to be a hands-on course embodying lecture, class discussion, and a term project presentation.

 

Required Course Materials:

 

Lehmann and Winer, Analysis for Marketing Planning, (6th edition, McGraw-Hill, 2005).

 

Brandenburger and Nalebuff, Coopetition (Currency Doubleday, 1996).

 

Sheff, Game Over (Cyber Active Publishing, 1999): Need to buy it yourself

 

Hartley, Marketing Mistakes and Successes (10th edition, Wiley, 2006)

 

Suggested Readings: Wall Street Journal, Economist, Financial Times.

 

Course Guidelines:

 

1) Come to class and participate.

 

2) Be courteous when someone else is speaking; avoid "side" conversations as much as possible.

 

3) The syllabus is intended to provide a loose outline of what to expect. So be prepared for deviations. We will need to move certain topics around depending on your preferences and course requirements.

 

4) No handwritten or late submission will be accepted.  No makeup exams will be given unless the student has a reason to justify the absence on the exam time such as serious illness.

 

Course Elements:

 

I. Class Lectures and Participation:

It is highly recommended that you attend all scheduled class sessions because the course lends itself to a high level of discussion.  PARTICIPATION IS IMPORTANT. Students are expected to participate in everyday class discussion.  Students must be prepared to discuss the assigned chapter readings, articles, and cases at all times.

 

 

II. Readings and Presentations

The texts and readings are important and should be read before class.  The text will provide you with much more detailed information than you will get from the lectures.  This will make everything easier to understand and will help you with to be better prepared for the classes and examinations. The readings will give you realistic understanding of a marketing strategy.

 

It will be done on a group basis (2 students for each team). Each group will choose (a) one section of Module 2 reading and (b) one chapter from Marketing Mistakes and Successes (MMS).  You will read and write a short report (prepare 40 copies) and present what you have learned from the reading to class.

 

III. Examinations and Quizzes

There will be a midterm and a final exam.  They will include questions over subject matter covered in the textbook, lectures, and reading assignments. The exams will emphasize the material covered in the lectures; however, assigned materials from the book will be included in the exams, even if it were not discussed in class.  The examination format will draw from the following types of questions.

 

1.      Multiple choice questions designed to test knowledge of marketing strategy concepts and terms.

 

2.      Short-answer questions designed to assess students' knowledge and depth of understanding of material covered in the course.

 

During the quarter, there will be two quizzes. There will be ten multiple choice questions in each quiz.

 

Make-up exams or quizzes will not be given. Missed exam or quiz will be scored as zero.  Always try to inform me in advance if you have a legitimate reason to miss the exam or quiz.

 

IV. Term Project (Annual Marketing Plan Development)

The term project will be done on a group basis and each group will consist of 2 students. The product and market will be chosen by the group.  The structure and content of the marketing plan will roughly resemble the outline provided in Lehmann and Winer, pp. 23-24, with necessary modifications.

 

Ideally, the planning project will emerge from the current situation of an existing company, and reflect marketing issues and opportunities that are strategically significant.  The product or service can be either entirely new, or involve some improvement to an existing offering. Also, all marketing sectors are open for your project: consumer, industrial, non-profit, domestic, and international.

 

Your group will hand in a written report of your project as well as present your plan to the class. Use of visual support materials is highly recommended for your presentation.

 

Course Grading*

 

                                                                                    Points                                      Notes

Team Component

Reading Presentations

    Coopetition or Game Over                                     20                                Prepare one-page report

    Marketing Mistakes and Successes                      20                                Prepare two-page report

Term Project                                                               100                              20 - 40 pages                                     

                       

Individual Components

Quizzes                                                                        40                                          20 x 2

Midterm Exam                                                             100

Final Exam                                                                    50                                         

_________________________________________________________________________________                                 

TOTAL                                                                                     330

 

Grading System (cutoff scores)

 

A  = 93% (306 points)             C = 73% (241 points)

A- = 90% (297 points)             C - = 70% (231 points)

B+ = 87% (287 points)            D+ = 67% (221 points)

B = 83% (274 points)              D  = 64% (211 points)

B- = 80% (264 points)             D- =  60% (198 points) 

C+ = 77% (254 points)           F = < 60% (197 points) 

 

An important note: The above scores apply to all students and points can only be obtained from exams, quizzes, and reading presentations.  There are no other opportunities for "extra credit" or other projects that can increase your point score.  For this reason, if a student wants an 'A' or "B," he/she cannot afford to let more than one quiz slip.

 

* Total point scores will be used to determine the student's course grade.

 

Unsolicited Advice:

You have paid for the class and this is the last marketing class for you. Take advantage of it by attending every class. Understanding of the concepts/issues will be greatly enhanced by reading the assigned chapter before the class and ask the questions you might have during the class.  As you see, the class schedule is quite busy, but none of the assignments are either very difficult, undoable, or unclear. It simply needs your motivation and commitment of time.   My goal is to make sure each of you are ready for a marketing job by integrating your marketing learning so far.

 

Class Schedule

 

Chapters are from textbook and readings (L&W: Lehmann and Winer; B&N: Brandenburger and Nalebuff; S: Sheff).  All reading should be prepared before the relevant class.  We will not hold to this schedule exactly so you will be informed of any changes as the class proceeds.

 

Module 1: Marketing Plan Development; Module 2: Marketing Strategy Execution

 

MMS: Marketing Mistakes and Successes

 

            Week of                  Topic                                Module 1          Module 2          MMS           Notes

 

Jan  10        Class Orientation and Introduction     L&W 1                   

 

Jan  12        Defining the Competitive Set             L&W 2               B&N 1,2              Ch. 3 (Coke)

 

Jan 17         Industry Analysis                             L&W 3               B&N 3                 Ch. 3 (Pepsi)

 

 

            Week of                 Topic                                 Module 1          Module 2         MMS                        Notes

 

Jan 19        Competitor Analysis                          L&W 4               B&N 4              Ch. 4 (Boeing)        Quiz 1

 

Jan 24        Customer Analysis                            L&W 5              B&N 5              Ch. 4 (Airbus)         Proposal Due

 

Jan 26        Market Potential & Sales Forecasting L&W 6              B&N 6              Ch. 7 (Ford/Firestone)

 

Jan 31        Developing Marketing Strategy           L&W 7               B&N 7               Ch. 10 (HP)

                                                           

Feb 2         Review and Integration                        Review               B&N 8&9           Ch. 12 (Gateway)         Quiz 2

                                                           

Feb 7         Mid-term examination

 

Feb 9         Marketing Plan Presentation & Discussion (+6)              Sheff 1,2             Ch. 14 (Merck) 

 

Feb 14       Marketing Plan Presentation & Discussion (+4)              Sheff 3,4              Ch. 15 (Snapple)

 

Feb 16       Marketing Plan Presentation & Discussion (+2)                       Sheff 5,6              Ch. 16 (Rubbermaid)

                                               

Feb  21       Marketing Plan Presentation & Discussion                     Sheff 7,8              Ch. 17 (Euro Disney)

 

Feb 23        Marketing Plan Presentation & Discussion                 Sheff 9,10            Ch. 18 (Harley-Davidson)        

 

Feb 28        Marketing Plan Presentation & Discussion                     Sheff 11,12          Ch. 19 (Vanguard)

 

Mar  2         Marketing Plan Presentation & Discussion                     Sheff 13,14          Ch. 20 (Southwest)

 

Mar  7        Marketing Plan Presentation & Discussion                     Sheff 15,16          Ch. 21 (Wal-Mart)

                                   

Mar  9        Project Day (No class, but I will be available all day for consultation purpose)

 

Mar  14      Review and Conclusion                                               Review material  Term Project Due (6:00 P.M.)

 

           

 

 

Quiz 1*: Chs. 1,2, 3 of L&W                                                                                                                    Quiz 2**: Chs. 4,5,6,7 of L&W

 

Final exam coverage: Sheff (Game Over book) and MMS

 

Final Exam Time:  Mar 23rd (Th) 6:00 P.M.

           

 

 

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