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Subject Code: MARK997 Subject Name: RETAIL MARKETING MANAGEMENT Session: Spring Year: 2012 Section: Class 2 (WEDNESDAY)
LECTURE INFORMATION
Class-2
Day: Time: Location: WEDNESDAY 6 P.M. 9 P.M. Block 15 Room 223
Lecturers Name: Building & Office No: E-mail Address: Consultation Days and Times:
Subject Coordinator:
2.30P.M. TO 5.30 P.M. WEDNESDAY : 2.30P.M. TO 5.30 P.M. THURSDAY: 2.30P.M. TO 5.30 P.M. (Please schedule appointments in advance through e-mail) DR. RAVINDRA P. SAXENA
QA Assessor (UOWD): Dr. Prakash Vel Dr. Shaun Powell QA Assessor (UOW):
1 SUBJECT DESCRIPTION
Retailing is a very important component of economies in terms of both economic activity and employment. Retailing is a dynamic and interesting area of study with new retailing concepts emerging, such as Internet shopping. It is important to gain an understanding the principles, frameworks and concepts underlying retail marketing management, which should then aid in the development of retailing strategies. Retail Marketing Management (MARK 997) provides an overview of strategic retail marketing management, studies retail institutions by ownership, looks at non-traditional retailing and contemporary issues in retailing, and reviews relationship retailing and customer satisfaction. MARK 997 also involves analysis of store location, managing a retail business, merchandise management, pricing, and retailing communications.
Spring 2012 MARK 997 (Class-2) RETAIL MARKETING MANAGEMENT Dr. Ravindra P. Saxena
The subject aims to assist students in adopting the perspective of the retail marketing manager, and therefore, particular emphasis is placed on case analyses and a practical assignment. The use of retail marketing cases is designed to illustrate the application of marketing concepts and tools to real-world retail marketing problems.
2 LEARNING OBJECTIVES
Upon successful completion of this subject, the student should be able to : Lo 1. appreciate the complexities of operating a retail business Lo 2. understand the role of the retailer as a key link in the chain that connects the producer/wholesaler with the final customer Lo 3. delineate the marketing channel of distribution and to discern the relationships between the retailer and other channel participants Lo 4. discuss the retailers problem of striking a balance between the customers merchandising needs and the retailers performance needs Lo 5. outline the major components of the retailing plan Lo 6. detail with specific retail marketing management problems Lo 7. develop appropriate retail marketing strategies Lo 8. understanding the main concepts and frameworks of retailing Lo 9. Communicate your analysis and recommendations in an effective manner in writing and in oral presentations.
3 SUBJECT SCHEDULE
We ek
Lecture Topic(s)
Discussion on Related Text Chapter(s) + Small cases from the text book and relevant readings given in the class)
Assignment 2: Library Assignment: To be submitted and presented on due dates AND Assignment 3: Case Study Analysis & Presentation 4th week onwards (To be presented on due dates) Groups of 5 students (in each group) will be formed for Assignment-2 and Assignment-3 (group / individual) Assignment requirements & Assessment details are given in Section 5.2 Group Formation and Case Allotment Registration of Library Assignment Topics by Groups
Wednesday 08.02.12
1 2
2 3
Strategic Planning in retailing Retail Institutions by ownership Retail Institutions by store-based strategy mix. Web, non store-based and other forms of nontraditional retailing
3 4
6
Dr. Ravindra P. Saxena
Wednesday 29.02.12
Wednesday 07.03.12
9 10
MID TERM EXAM (2 hrs) From 6.30 P.M. to 8.30 P.M. Retail organization and HR management 11
Case Study Analysis & Presentation
Wednesday 28.03.12
13 14 15
Wednesday 04.04.12
10
Wednesday 11.04.12
16 17
11
Wednesday 18.04.12
18
19
12
Wednesday 25.04.12
20
Presentation on Library Assignment & Report Submission (students of case-1, case-2 and case-3 groups) Presentation on Library Assignment & Report Submission
Dr. Ravindra P. Saxena
13
Wednesday 02.05.12
Review
4.2
Books
RECOMMENDED READINGS
Zentes, J., Morschett, D. and Schramm-Klein, H. (2007), Strategic Retail Management: Text and International Cases, Gabler Verla (ISBN 383490287X) Levinson, J. C., Valas, E. and Wilson, O. R. (2007), Guerrilla Retailing: Unconventional Ways to Make Big Profits from Your Retail Business (Guerrilla Marketing Series), The Guerilla Press Group, Colorado, USA (ISBN 1-886481-07-5) th Dunne, PM & Lusch, RF 2007, Retailing, 5 ed, Thomson, Mason th Levy, M & Weitz, B 2007, Retailing Management, 6 ed, McGraw-Hill, New York nd McGoldrick, P 2002, 2 ed, Retail Marketing, McGraw-Hill, London Ogden, JR & Ogden, DT 2005, Retailing Integrated Retail Management, Houghton Mifflin, Boston
Newspapers
Gulf News Khaleej Times
Journals
Journal of Retailing International Journal of Retail and Distribution Management Journal of Marketing Harvard Business Review Journal of Services Marketing Advances in Consumer Research Journal of Consumer Research Sales and Marketing Management European Journal of Marketing
Magazines
Business Review Gulf Marketing Review Gulf Business
Spring 2012 MARK 997 (Class-2) RETAIL MARKETING MANAGEMENT Dr. Ravindra P. Saxena
5 5.1
Learning Outcome Lo1, Lo2,Lo3,Lo6,Lo8 Lo1, Lo2,Lo3,Lo4,Lo5,Lo6,Lo7,Lo8,Lo9 Lo1, Lo2,,Lo4,Lo5,Lo6,Lo7,Lo8,Lo9 Lo1, Lo2,Lo3,Lo6,Lo7,Lo8
5.2
ASSESSMENT TASKS
Assessment Task Task-1: Mid-Term Exam (March 14 2012) Task-2: Library Assignment (Report Submission and presentation) Task-3: Case Study Analysis and Presentation Task-4: Final Exam
Weighting 25%
Group/Individu al Individual
Hand to
in
Invigilator
15%
Group/Individual
Week 12 & 13
Lecturer
10%
Group/Individual
50%
Individual
Invigilator
Assessment Task 1: Type: Learning Outcome Measured: Total Marks: Weighting: Date, Time and Location:
50 (Marks obtained will be converted to out of 25, i.e. 50% of marks obtained). 25% Week-6
Assessment Task 2: Type: Learning Outcome Measured: Total Marks: Weighting: Due date: Length: Hand in to: Turn-it-in submission:
30 (Marks obtained will be converted to out of 15, i.e. 50% of marks obtained).
15%
Week 12 and 13 (as assigned in the class) 4000 to 5000 words, Times New Roman (12 font size), 1.5 lines
spacing
Assessment Task 3: Type: Learning Outcome Measured: Total Marks: Weighting: Date, Time and Location:
30 (Marks obtained will be converted to out of 10), i.e.1/3rd of marks obtained. 10%
Week 4, 5, 7, 8, 9, 10 and 11 (as assigned in the class) Requirements and Evaluation criteria of Task 3 Case Study Analysis and Presentation: (Case Study to each group will be assigned in class of Week-2).
Each group is required to submit a case study analysis write-up in word format covering the case introduction (case background), and case analysis (mention key strategies), and answer to the given questions. This report will be considered as a group activity and will be evaluated out of 15 marks. The group will make a presentation in the class on due date. Overall performance of the group will be evaluated out of 5 marks on the basis of quality of presentation; PPTs and audio-visuals used and team spirit. Performance of each student will also be evaluated individually out of 10 marks based on their overall presentation skills, team spirit and ability to handle the questions raised by other students in the class. Report is to be submitted on the due date (i.e. on the day of presentation) and Turn-it-in submission is to be done on the same day. Groups will remain same in Task-2 and Task-3.
Final Exam
Lo1, Lo2,Lo3,Lo6,Lo7,Lo8
100 (Marks obtained will be converted to out of 50) 50% To be held during the official examination period. Please refer to the Exam Timetable
available on the Student Online Resources website (http://my.uowdubai.ac.ae) closer to the exam period.
Final Exam will have two sections. Section A will have questions on theoretical concepts learnt in the subject and their applications in the real business world and this section will carry 60 marks. You will be given some choice in this section. Section B of the question paper will have a Case Study, which is compulsory and carries 40 marks. 5.3 GRADES AWARDED
The approved grades of performance and associated ranges of marks for postgraduate subjects are: High Distinction (HD) 85 100% Distinction (D) 75 84% Credit (C) 65 74% Pass (P) 50 64% Fail (F) 0 49% Technical Fail (TF) - Not meeting the final exam passing requirements
Spring 2012 MARK 997 (Class-2) RETAIL MARKETING MANAGEMENT Dr. Ravindra P. Saxena
5.4
Students are expected to complete all assessment tasks for this subject. The minimum performance requirements for this subject are, that in order to pass this subject students must: a. obtain an overall mark of 45% or greater in assessment tasks, excluding the final examination b. obtain a mark of 45% or greater in the final examination c. obtain an overall mark of 50% or greater for the subject. Students who obtain a composite mark of greater than 50% but do not satisfy the Final Examination pass requirements will be awarded a Technical Fail (i.e. 49%). Students must reasonably complete all assessment tasks (other than the Final Examination, which requires a mark of 45% of above) and submit these by the final week of session or by the Final Examination date (whichever is earlier) in order to pass the subject. Reasonable completion of an assessment task will be determined based on the instructions given to the student including: word length, demonstration of research and analysis where required, the Plagiarism Policy, and completion of each section/component of the assessment. Failure to reasonably complete any assessment tasks to the standard specified above may result in a Fail grade awarded for the subject. Students are advised to see MRP Policy being practiced at UOWD at My UOWD (http://my.uowdubai.ac.ae).
4.1
4.2
SASS
Student Academic Support Services (SASS) is a program committed to assisting students in developing their academic skills and getting the most out of their studies. As part of their services, SASS provides Peer Tutoring Program and Academic Workshops. For further information contact, please contact: SASS Admin Assistant Room 019, Block 5. Sass@uowdubai.ac.ae Ph: + 971 4 390 060
4.3
PLAGIARISM
Plagiarism is a serious offense that can lead to expulsion from the university. Students must be familiar with the Plagiarism policy which outlines the procedure that will be followed in case of plagiarism. For more information please refer to the Plagiarism policy available on the Student Online Resources website (http://my.uowdubai.ac.ae follow the Policies link).
8.1
TURNITIN
In addition to a hard copy, students are required to submit all written assignments in soft copy through the TurnItIn system which is available online at www.turnitin.com. Every student must have a TurnItIn account. Failure to submit an assignment through TurnItIn will result in marks for that assignment being withheld. Students do NOT need to hand in a printed copy of the TurnItIn Originality Report! More information about TurnItIn (including how to create an account and add a class) will be provided in the first lecture. Students can download Frequently Asked Questions (FAQs) about TurnItIn from the SASS section of the website (http://www.uowdubai.ac.ae/ss). TurnItIn information required to add this subject: Class ID:
4823827
Password: wednesday997
8.2
For information about Referencing and In-Text Citation, as well as a guide to some of the UOWD Rules and Policies, please go to the Student Online Resources website (http://my.uowdubai.ac.ae) and click on the POLICIES link. You will find the required information under the letter S for Subject Outline Information.
10 marks: Literature Review + quality & depth of interviews (correct interpretation of research papers and compilation); quality of material researched and relevance to topic 5 marks: Presentation flow and overall content, formatting, bibliography, turnitin 5 marks: Application to context (interviews with retailers and relevant examples from retail industry) quality, interpretation and insights, relevance to topic and creativity 5 marks: recommendation (ability to extrapolate from theory, practical insights and findings to recommend strategies that are relevant, specific, can be implemented and have some advantage 5 marks: Individual presentation
Note: Each group must register topic of their library assignment with the faculty latest by 3rd week
Library Assignment
REGISTRATION OF TOPIC
Name and ID Number of Students in the group: (1) (2) (3) (4) (5)
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(Not: This registration form should be submitted to your faculty in the class of 3rd week)