This module focuses on the theoretical concepts and issues of strategic marketing and management and their application for practice by businesses. The module specifically looks into marketing strategies of world leading innovative companies, such as IKEA, Apple, Amazon, Lego and Starbucks which create, shape and reshape markets. While focusing on market orientation strategies, unfolds the dynamics of market driving and market driven behaviours. These companies do not succeed by chance, but they establish marketing strategies through their management policies which encourage organisational entrepreneurship. Leading marketing strategies go beyond conducting market research and understanding customer needs. This module, aims to deliver what is beyond the observable and measurable through simple market research and challenges the students to establish visionary perspectives when developing marketing strategies.
Learning Outcomes
By the end of the module students should be able to:
Develop an understanding of current marketing issues that surround markets and firms.
Critically analyse and compare different strategic orientations of firms.
Use a range of frameworks for strategic analysis leading towards the development of a marketing strategy.
Apply techniques, models and frameworks to marketing strategy plans for large and small businesses.
Develop written and oral communication skills through writing and presenting their work.
Assessment
37307-01 : Group Report and Presentation : Coursework (30%)
37307-02 : Individual Assignment : Coursework (70%)
Assessment Methods & Exceptions
Assessment:
(2500 word) group report and presentation (30%);
(3000 word) individual (essay) assignment (70%).
Reassessment:
Resubmission of failed component:
(1000 words) individual critical analysis of the group work report and presentation (30%)