Strategic Marketing Management and Planning Assessment
- Subject Code :
MKT6041
- University :
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1. Module overview
1.1. Introduction
“Tactics without strategy is the noise before defeat.”
~ Sun Tzu, The Art of War (5th Century BC)
Whilst the great strategist was discussing military strategy in his influential treatise, the quotation is perfectly valid for business today - without a well-defined business strategy, organisations run the very real risk of losing market share to competitors and potentially going out of business.
Through the development and implementation of strategic plans, organisations are ultimately seeking to identify and adapt to trends in the business environment in order to create a competitive advantage for themselves and grow their businesses. In short, it is the process of asking: (1) 'Where are we now?'; (2) 'Where do we want to be?'; (3) 'How do we get there?'; (4) 'Did we get there?'.
It is these questions that you will be attempting to answer for a client organisation, through developing an understanding of the fundamental role that strategic planning plays in business, undertaking research in the internal / external environment in which the organisation operates and, finally, offering solutions based on application of the theories and frameworks that this module will add to your toolbox of commercial skills.
1.2. Module Leader and teaching team
1.3. Timetable
1.4. Learning outcomes
Upon successful completion of this module, students should be able to:
- Develop a strategic marketing plan to support corporate and marketing objectives
- Distinguish marketing management techniques to successfully implement and evaluate the strategic marketing plan
1.5. Indicative content
This module explores the following areas:
- Situational analysis
- Establishes key methods through which the organisation can identify trends in the external environment and understand whether the organisation has the resources and competences to address them
- Setting objectives
- Highlights methods by which clear objectives can be established, which can then be cascaded to all departments to ensure that all employees are working towards the same desired outcomes
- Developing strategies
- Examines key theories and frameworks that can be utilised to identify a competitive position within the market, including the identification of a target customer segment
- Developing tactics
- Considers tactical marketing tools that can help the organisation to deliver its chosen marketing strategy
- Implementing strategic plans
- Identifies fundamental tools that would be used to create a realistic plan for implementing a marketing strategy
- Measuring plan performance
- Investigates appropriate control mechanisms that can be put in place to measure and monitor progress of a marketing strategy
2. Assessment overview
2.1. Method of assessment
Please download and read the full assessment brief, which is available on the module’s Moodle site.
Assessment will be via a time-constrained assessment, in which a brief will be released on a specific day and students will then have 24 hours to submit their response.
To pass this module, you must achieve a final overall mark of at least 40%. If your mark is less than 40%, you will be required to retake the assessment.
For full details about the university regulations applied to this module, please refer to iCity or contact the faculty or school office for any specific questions.
2.2. Submission
The timings for the time-constrained assessment are as follows:
- Assessment brief is released on 9th January 2023 at 10am
- Responses must be submitted no later than 10th January 2023 at 10am
Assignments must be submitted online via link provided in the Assessment area of the module’s Moodle site. Please follow the University policy regarding online submission and submitting assignments on time, which are outlined in the assessment brief.
3. Support
3.1. Tutor support
Support is available at any time throughout this module; simply contact your tutor if you need help. Feedforward sessions will be scheduled to help you plan your work and an audio assessment brief will be made available on the module’s Moodle site to provide further guidance.
Specific feedback on individual assessment preparation will only be available via scheduled, face-to-face meetings, not via email. To make the most of these sessions, it is expected that you will have already begun work on your assessment preparation and have a list of questions for your tutor prepared in advance.
Detailed feedback will not be possible via email and lecturers can only comment in detail on one draft only. Comments on multiple preparatory work are not possible as there is a danger your work actually becomes your lecturer’s work. However, if you have any specific queries, or need additional support, you can still book a tutorial at any time up to one week prior to the assessment release – tutorials and preparatory work reviews will not be provided in the final week prior to the release, so it is important that you start your preparations early and book a meeting as soon as possible.
Please note that tutors are unable to indicate a provisional grade for your preparatory work at any point prior to the official grade release date. As such, it is requested that you do not ask tutors what grade your preparatory work is likely to achieve prior to final submission.
3.2. Additional support
The Centre for Academic Success (CAS) is the University's central learning development service, which offers additional help to students in a variety of ways. They run workshops as well as one-to-one or small group tutorials offering a valuable extra resource in a range of study skills. You can use them to help with academic writing, report writing, referencing, statistics and much more.
CAS are based in the Curzon Building in C033A or you can contact the team on:
- Tel: 0121 331 7685
- Email: success@bcu.ac.uk
Please visit https://icity.bcu.ac.uk/celt/centre-for-academic-success/index to book a tutorial or learn more about what is available.
4. Teaching and learning
4.1. Methods of learning
In order to pass this module, you are expected to engage with the following weekly activities:
- Lecture - Weekly, one-hour sessions in a lecture theatre, which will cover the core material that you need to learn for your assessment
- Classroom workshop – Weekly, two-hour classroom sessions, which provide an opportunity to learn how to properly apply the core marketing frameworks covered in the lecture
- Online activity - Additional reading, videos and activities to enhance your knowledge and help you make progress on your assessment this is provided weekly and should be completed by the end of the week in which they are released
All module resources, including online activities, will be accessible via the Moodle e learning platform.
4.2. Expectations
We are sure that you will embrace your learning with enthusiasm and make the most of the opportunities this module offers. We are committed to providing an enriching and accessible learning environment with a wide range of resources and services to support you.
However, it is important to remember that learning is a partnership, so you need to take an active role! As such, the module leader and teaching team expect you to:
- Attend all of your classroom sessions - this is monitored
- Arrive on time and stay until the end
- Behave appropriately - respect the tutor and other students
- Actively listen - keep phones on silent and out of sight
- Get involved with all classroom activities
- Engage with all online learning material and recommended reading • Follow the news in order to identify relevant articles that may inform your work
5. Reading and resources
5.1. Recommended reading
There is no single core text - the material will be pulled from different sources - but the following books will help provide a solid foundation for this module:
- Chaffey, D. and Ellis-Chadwick, F. (2019). Digital Marketing: Strategy, implementation and practice. 7th Ed. Harlow: Pearson
- Doyle, P. (2008). Value-based marketing strategies for corporate growth and shareholder value. 2nd Ed. John Wiley & Sons (2008)
- Grant, M. (2021). Contemporary Strategy Analysis. 11th Ed. Wiley • Hooley, G., Nicoulaud, B., Piercy, N. and Rudd, J. (2020). Marketing Strategy & Competitive Positioning. 7th Ed. Pearson
5.2. Additional reading
In addition to academic literature, you need to stay abreast of issues in the mainstream media. As such, you are advised to download the BBC News app onto your mobile devices and spend a few minutes each day reviewing the main stories of the day.
Furthermore, it is advised that you identify the types industry publications that the client organisation might engage with.
5.3. Moodle
All module resources will be accessible via the Moodle e-learning platform, including the session materials and the assessment brief. All notices and announcements will also be sent out via this platform.
Resources will be published on a weekly basis, usually no later than the weekend before the session.
You can access Moodle via an internet browser – go to https://moodle.bcu.ac.uk – or by downloading the Moodle app onto your mobile device.
Students registered on this module should automatically have been given access to the module on Moodle. If this is not the case, please contact the Faculty Office in the first instance to check whether you are correctly enrolled on the module; if you are still unable to access this area, please inform the module leader.