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Course profile

Fundamentals of Marketing (MKTG7501)

Study period
Sem 2 2024
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 2, 2024 (22/07/2024 - 18/11/2024)
Study level
Postgraduate Coursework
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Business School

Introduction to marketing management; consumer behaviour; marketing research and segmentation; product life cycle theory; product and pricing strategies; distribution and logistics; promotional strategy including advertising and personal selling; marketing organisation, planning and control; international marketing, services marketing and marketing for not-for-profit organisations.

Fundamentals of Marketingᅠis designed to provide an introduction to central marketing concepts and the current marketing environment. Learners will explore key marketing principles and begin to understand the science ofᅠdecision making involved in marketing practice. The course is designed to provide foundations of marketing theory for extended development and will involve both theoretical development and practical applications. To pass the course, students will need to demonstrate acquisition of specific marketing concepts which will be reviewed each week in the course.

Course requirements

Incompatible

You can't enrol in this course if you've already completed the following:

MEBS7107 or MGTS7806 or MKTG1501 or 7040 or 7915

Course contact

Course staff

Lecturer

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

Please note: Teaching staff doᅠnotᅠhave access to the timetabling system to help with class allocation. Therefore, should you need help with your timetable and/or allocation of classes, please ensure you emailᅠbusiness.mytimetable@uq.edu.auᅠfrom your UQ student email account with the following details:

  • Full name,
  • Student ID, and
  • the Course Code

Aims and outcomes

In this course students are exposed to the principles of marketing, the marketing planning process and the central areas of marketing. As such, the course provides an introduction to marketing management, consumer behaviour, marketing research, marketing segmentation,ᅠproduct strategies, pricing strategy, distribution strategy andᅠpromotional strategyᅠas related to the marketing mix within an organisation. The course aim to develop awareness of the important concepts ofᅠethics and contemporary themes of marketing relevant in a range of business contexts.

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Communicate an appreciation for the importance of marketing to business success in a range of contexts.

LO2.

Explain the central role of the customer, whether individual or organisational, in the marketing process.

LO3.

Evaluate situational influences on marketing across a range of industries and companies.

LO4.

Collect and analyse evidence to determine competitive advantage, target market and position.

LO5.

Analyse marketing evidence to evaluate and determine the effectiveness of marketing mix strategies.

Assessment

Assessment summary

Category Assessment task Weight Due date
Quiz Marketing quiz
  • Online
15% Individual

19/08/2024 - 20/08/2024

Project STP Analysis 40% Individual

18/09/2024 2:00 pm

Examination Exam - during Exam Period (Central)
  • Identity Verified
  • In-person
45% Individual

End of Semester Exam Period

2/11/2024 - 16/11/2024

Assessment details

Marketing quiz

  • Online
Mode
Written
Category
Quiz
Weight
15% Individual
Due date

19/08/2024 - 20/08/2024

Other conditions
Time limited.

See the conditions definitions

Learning outcomes
L01, L02, L03

Task description

An online quiz will be run in Week 5 during the scheduled time, via the course blackboard site, in Assessments>Assessment 1 online quiz.

The quiz is designed to engage students in early exploration of marketing theory. The quiz will cover all content from Week 1, 2, and 3 lectures, as well as Week 2, 3 and 4 tutorials and all readings from these weeks (Chapters 1, 2, 3,and 5). Questions and answer orders will be randomly generated. The quiz will be available to complete during the scheduled time only, which is a 24 hour window, where students are to complete the quiz individually and will have 30 minutes to complete the quiz once it is commenced. Further instructions and details will be available in the Assessment folder. All students MUST follow the specific guidelines provided.

Students MUST complete the quiz during the scheduled time. Students who fail to follow the guidelines and who have technical issues will be deemed responsible and will incur the outcome. Formal applications are essential for anyone not able to sit - no extension will be provided by course staff - this must be formally managed by students.

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Deferral or extension

You may be able to defer this exam.

Late submission

Exams submitted after the end of the submission time will incur a late penalty.

STP Analysis

Mode
Written
Category
Project
Weight
40% Individual
Due date

18/09/2024 2:00 pm

Learning outcomes
L03, L04

Task description

The aim of this assessment task is to increase knowledge of the segmenting, targeting and positioning. Learners will perform a review of a designated product brand (an actual real life market offering), examining the marketing theory and the market evidence to determine the current STP. In doing so, learners will need to consult marketing literature, research industry information, apply marketing theory and present their findings in a written report, with full assignment requirements available via Learn.UQ and discussed in classes prior to assessments commencing.

A maximum word limit has been set in the guidelines available via Learn.UQ and any words submitted above the maximum limit will not be eligible for marking.

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

The written assignment must be submitted electronically through the Online Turnitin Submission on the Learn.UQ site, based on the specific instructions provided. Those who fail to follow the exact submission instructions will incur late penalties until submission is resolved.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Exam - during Exam Period (Central)

  • Identity Verified
  • In-person
Mode
Written
Category
Examination
Weight
45% Individual
Due date

End of Semester Exam Period

2/11/2024 - 16/11/2024

Other conditions
Time limited.

See the conditions definitions

Learning outcomes
L01, L03, L05

Task description

The aim of this final exam task is to increase knowledge of the marketing mix and demonstrate your understanding as an individual. This will include evaluation of theoretical knowledge and the ability to apply knowledge to real life marketing, using multiple choice questions and short answer questions. Further details of the final exam will be discussed in tutorials and lectures.

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Exam details

Planning time 10 minutes
Duration 120 minutes
Calculator options

No calculators permitted

Open/closed book Closed Book examination - no written materials permitted
Materials

Foreign language translation dictionary permitted

Exam platform Paper based
Invigilation

Invigilated in person

Submission guidelines

Deferral or extension

You may be able to defer this exam.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0 - 29

Absence of evidence of achievement of course learning outcomes.

2 (Fail) 30 - 46

Minimal evidence of achievement of course learning outcomes.

3 (Marginal Fail) 47 - 49

Demonstrated evidence of developing achievement of course learning outcomes

4 (Pass) 50 - 64

Demonstrated evidence of functional achievement of course learning outcomes.

5 (Credit) 65 - 74

Demonstrated evidence of proficient achievement of course learning outcomes.

6 (Distinction) 75 - 84

Demonstrated evidence of advanced achievement of course learning outcomes.

7 (High Distinction) 85 - 100

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

Grades will be allocated according to University-wide standards of criterion-based assessment.

Supplementary assessment

Supplementary assessment is available for this course.

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Additional learning resources information

Learn (Blackboard)

All courses are supported by the UQ Learning Management System, Blackboard Learn, which provides an interactive environment for the students and teachers. This is accessible via PC or Mac or Mobile (Apps) environment.

To log on to Blackboard, go to https://learn.uq.edu.au.

Sustainable Development Goal

This course integrates the following Sustainable Development Goal through lectures and assessment.

Goal 12: Responsible consumption and production

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

Filter activity type by

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Learning period Activity type Topic
Week 1
Lecture

Course overview and marketing process

Overview of marketing and course expectations. Strategic marketing planning, customer value and competitive advantage.

Learning outcomes: L01, L02, L03

Not Timetabled

No tutorials

There are no tutorials run during Week 1. Tutorials will commence in Week 2.

Week 2
Lecture

Marketing environments

The internal and external marketing environment, including situational analysis.

Learning outcomes: L01, L02, L03

Tutorial

Course overview and marketing planning

Discussions of class schedules and assessment expectations.
Application of marketing process and importance of customer value.

Learning outcomes: L01, L02

Week 3
Lecture

Consumer behaviour

Understanding the drivers of customer behaviour.

During this week ALL students should also watch the Library Guide - accessed via course website.

Learning outcomes: L02, L03, L04

Tutorial

Marketing environments in action

Understanding the influences of internal and external forces upon marketing.

Learning outcomes: L02, L03

Week 4
Lecture

Segmentation and targeting (STP)

Examining how brands gain competitive advantage through segmenting and targeting the marketplace.

Learning outcomes: L01, L04, L05

Tutorial

Customer behaviour in action

Practical activities to examine and consider customer perspectives and influences on behaviour.

Royal Queensland Show Public Holiday - Wednesday 14 Aug 2024 - Check Blackboard for announcements about affected classes.

Learning outcomes: L02, L03

Week 5
Lecture

Positioning (STP)

Exploring how brands position their offering in the minds of consumers.

Assessment 2 overview.

Learning outcomes: L04, L05

Tutorial

STP in action - Segment and target

Practical activities to segment, target and profile the most desirable customer.

Learning outcomes: L01, L02, L04

Week 6
Lecture

Product & Services Strategy

Product decisions in the marketing mix.

Learning outcomes: L04, L05

Tutorial

STP in action - Positioning

Practical activities to understand positioning choices.

Learning outcomes: L04, L05

Week 7
Lecture

Pricing Strategy

Contribution of pricing to the marketing mix.

Final exam overview.

Learning outcomes: L04, L05

Tutorial

Product decisions in action

Interactive activities to explore product decisions in the marketing mix.

Learning outcomes: L04, L05

Week 8
Lecture

Place Strategy

Distribution and marketing channel considerations.

Learning outcomes: L04, L05

Tutorial

Pricing in action

Interactive activities to explore pricing decisions in the marketing mix.

Final A2 Q&A

Learning outcomes: L04, L05

Week 9
Lecture

Promotion - IMC

Creating value in relationships through personal selling, sales promotion and direct and digital marketing.

Learning outcomes: L04, L05

Tutorial

Place in action

Interactive activities to explore place decisions in the marketing mix.

Learning outcomes: L04

Mid Sem break
No student involvement (Breaks, information)

In-Semester break

No tutorials during mid-semester break.

Week 10
Lecture

Promotion - IMC

Creating value in relationships through personal selling, sales promotion and direct and digital marketing.

Learning outcomes: L04, L05

Tutorial

IMC Promotion in action

Interactive activities to explore personal selling, sales promotion and digital/direct promotion decisions in the marketing mix.

Learning outcomes: L04, L05

Week 11
Lecture

Market research and implementation

Importance of marketing information and approaches to research, and consideration of evaluation, budgeting and implementation of marketing plans.

Learning outcomes: L03, L04, L05

Tutorial

IMC Promotion in action

Interactive activities to explore personal selling, sales promotion and digital/direct promotion decisions in the marketing mix.

King's Birthday Public Holiday - Monday 7 Oct 2024 - Check Blackboard for announcements about affected classes.

Learning outcomes: L04, L05

Week 12
Lecture

Ethics and contemporary issues and final exam

Overview of some of the major issues for ethical marketing and contemporary marketing managers.

Discussion of the Final Exam approach.

Learning outcomes: L01, L02, L03

Tutorial

Marketing research in action

A practical session developing and conducting market research and considering marketing mix in execution.


Learning outcomes: L03, L04, L05

Week 13
Tutorial

Course review and exam preparation

Final course review with a focus on exam preparation.

Learning outcomes: L01, L02, L03, L04, L05

Lecture

Marketing mix review

Review of overall marketing mix, highlighting the unified nature.

Learning outcomes: L01, L02, L03, L04, L05

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.