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MKT-IB Department  |  Frank G. Zarb School of Business  |  Hofstra University

 

MKT 101

Principles of Marketing

 

Dr. Boonghee Yoo, Associate Professor of Marketing             

 

DESCRIPTION

An intensive analysis of the concepts, structure and operation of the domestic and international marketing system, the development and evaluation of marketing plans, industrial and final consumers, product planning, agencies and functions of distribution, promotion and publicity, pricing, legislation, ethics, social responsibility and environmental issues.

 

PREREQUISITE: Sophomore class standing (24 credits and above).

 

COURSE OBJECTIVES:

¨     To study important marketing terms and principles.

¨     To describe the macro- and micro-environments within which marketing operates (including the international environment).

¨     To integrate concepts from the applied behavioral sciences (psychology, anthropology, sociology, social psychology, etc.) into a marketing framework that provides an understanding of consumer and organizational buying behavior.

¨     To discuss the marketing mix and the options available when making marketing decisions.

¨     To examine a variety of both successful and unsuccessful marketing strategies.

¨     To apply the concepts learned in the course to current events actually occurring this semester.

¨     To consider the societal and ethical effects of marketing actions.

¨     To foster an appreciation of the key role of marketing and the interdependence of marketing and other functional areas.

¨     To show the relevance of marketing for all students, regardless of major.

¨     To encourage class participation.

 

REQUIRED TEXT: Joel R. Evans and Barry Berman, Marketing.


TOPICS/READING ASSIGNMENTS

An overview of marketing

The marketing environment & marketing ethics

Global aspects of marketing

Marketing information and marketing & the internet

Understanding final consumers & organizational consumers

Developing a target market strategy

An overview of product planning

The product planning process

An overview of distribution planning and logistics

Wholesaling & retailing

Integrated marketing communications

The promotion mix

Pricing

 

COMPETITIVE TEAM PROJECTS (Example):

o       Competition 1: Opening a New Restaurant at Hofstra: Location, Menu, and Price Range.

o       Competition 2: Marketing Activities to Revive GM Car Brands

o       Team Formation: This competition is team-based. Find team members of your choice. The maximum number of members per team is 5.

o       Report Submission: You should submit your report through Turnitin by the due. The report should be three single-spaced pages with one-inch margins in the MS Word format. Type in 14-font size Arial for the title only and all the rest of the report should be 12-font size Times New Roman. Write the title and names of the team members on the first page and start the content right after them on the first page. The format of the content is up to you. The report will be distributed to the class on the presentation date. If you submit the report late, the class will be informed of it and will consider it in evaluations.

o       Presentation: The format is free except all team members should participate. If you want to use the PowerPoint, you should email the file to the instructor one day before the presentation date. Otherwise, the time spent to open the file on the podium will be part of your presentation time. See the time limit allowed at the table below.