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Second Semester
Course Description:
In the second semester we will take a more strategic view of marketing. We will consider the
process involved in planning marketing including how effective marketing planning involves
understanding the market and its trends as well as the strengths and weaknesses of the business
itself to set appropriate objectives, to set a budget, and to develop a marketing strategy. We will
also consider influences on the marketing plan such as the elasticity of demand. Students will
learn to analyze what factors influence a marketing plan, why producing a plan is useful and the
key elements of a plan. The course will also cover international marketing which has become
increasingly important in recent years. We will consider the advantages and problems of
targeting international markets and discuss why international markets offer important
opportunities for businesses, how businesses can enter markets, and the reasons why they might
fail.
Course Objectives:
Grade breakdown: