ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title MARKET PERSPECTIVES
Code KMBA713
Coordinator Dr LB Day
Strategy, IB and Entrepreneurship
Lisa.Day@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2020-21 Level 7 FHEQ Whole Session 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

KMBA710 BEING A LEADER 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours           50

100

150
Timetable (if known)              
Private Study 0
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Assessment 1 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session  Every 2nd week (Appr    30       
Assessment 2 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session  Weekly    20       
Assessment 3 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session  Every 2nd week (Fina    30       
Assessment 4 There is a resit opportunity. Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session  Every 2nd week (Fina    20       

Aims

To provide students with a critical introduction to macroeconomic trends both from an individual national as well as a global perspective.

To enable students to place the organisation in its macroeconomic context.

To develop an understanding of how firms define their value offering in a way which is ethically, environmentally and socially responsible and how they capture that value through their market proposition locally and globally.

To enhance the student's capacity to formulate and professionally implement an integrated combination of marketing variables and successfully carry out a firm's strategy in its target market.


Learning Outcomes

(LO1) Conceptualise key national and global macroeconomic trends;

(LO2) Take strategic decisions based on insights from macroeconomic trends;

(LO3) Assimilate and implement the fundamental principles of marketing management;

(LO4) Apply analytical concepts and techniques currently being used in marketing;

(LO5) Design marketing strategies and optimise customer value creation;

(LO6) Appreciate the complexities of global marketing particularly from an intercultural perspective;

(LO7) Examine the ethical issues involved in developing a marketing strategy.

(S1) Communication Skills: Students will have opportunities to develop written and oral communication skills through group discussions, in-class presentations and coursework. This will be assessed by written assignments, reports the dissertation and short individual and group presentations;

(S2) Problem Solving and Decision Making: Students will be challenged to think critically about organisational issues and dilemmas. They will do this by gathering and synthesising information, analysing alternative perspectives and options and presenting a considered opinion or course of action in their course assessment;

(S3) Information and Communication Technology Skills: Students will have opportunities to improve their ICT skills. Students will demonstrate skills in the use of software applications including word processing, visual presentations, data bases, econometric packages, spreadsheets and using the internet for information searches in the course of researching and presenting coursework;

(S4) Personal Effectiveness: This applies to all modules where students will be encouraged to think critically about theory and practice and to challenge and critique assumptions about management, economic and financial theory;

(S5) Time Management: This applies to all modules of the programme and is relevant for planning scheduled work and meeting assessment deadlines. This will be evident in the students’ independent management of their assignments and coursework and by meeting coursework deadlines.


Teaching and Learning Strategies

Teaching Method 1 - Virtual classroom hours (for online modules)
Notes: Number of hours per week, per student expected in the virtual classroom in discussion, dedicated to group work and individual assessment is 7.

Teaching Method 2 - Non-classroom hours (for online modules)
Notes: Number of hours per week, per student expected for reading, research and other individual work to support engagement in the classroom is 13.


Syllabus

 

Understanding Macroeconomic Trends;

Customer Value Creation;

Marketing Management: Principles and Rules, What It Is, What It Is Not;

Analysing Consumer Markets, Tracking and Understanding Market Evolutions;

Segmentation, Differentiation, Positioning: How to Set Apart From the Competition;

Distribution, Retail Power Plays;

Pricing, Considerations and Strategies;

An Ethical Approach to Integrated Marketing Strategy.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.