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Nov 26, 2024
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BMKT 225 - Marketing Credit(s): 3
This course is an introduction to the structure and function of marketing inclusive of the analysis of consumer and industrial markets. Students study the four primary elements of marketing - product, place, price and promotion, and use these to develop a comprehensive marketing plan. The material also includes consideration of ethics and social responsibility as related to the marketing function. (Fall and Spring Semesters)
Course Learning Outcomes: Upon completion of the course, students will be able to - Distinguish among products, goods, and services.
- Explain the concept of creating value and the value exchange.
- Identify ways to segment a market and strategies.
- Discuss buying behavior and the impact on the marketing mix.
- Outline issues marketers consider in deciding how many market segments to target.
- Describe how industrial and consumer products are classified and how they differ.
- Identify and explain both the marketing mix inclusive of product, place, price and promotion.
- Identify economic characteristics marketers consider in evaluating various markets.
- Apply concepts of marketing information as it relates to a marketing plan including research, data compilation interpretation, and evaluation.
- Develop a comprehensive marketing plan.
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