Unit Outline
BMA151
Principles of Marketing
Accelerated Study Period 2, 2024
Kevin Swarts
Tasmanian School of Business & Economics (TSBE)
College of Business and Economics
CRICOS Provider Code: 00586B

Unit Coordinator
Kevin Swarts
Email: Kevin.Swarts@utas.edu.au
 

What is the Unit About?
Unit Description
Marketing is the practice of managing an organisation's market offerings to create value-laden customer exchanges. Adopting a market orientation means organisations allow their marketing practices to be responsive to opportunities, and threats presented in the business environment. This responsiveness enables them to compete effectively in an increasingly dynamic global marketplace. This unit explores the basic principles and concepts that underpin marketing. Students will be introduced to theories supporting market segmentation, target marketing, positioning and the marketing mix. This unit provides students with the foundational knowledge on how firms market products, and an understanding of the role of marketing within the organisational, business and social environment. This unit will help students to develop skills in the application of marketing concepts to practical business problems in order to identify potential marketing solutions.
Intended Learning Outcomes
As per the Assessment and Results Policy 1.3, your results will reflect your achievement against specified learning outcomes.
On completion of this unit, you will be able to:
1.
Explain marketing theories.
2.
Analyse marketing opportunities and problems.
3.
Discuss marketing's role in contributing to organisational and societal sustainability.
4.
Communicate marketing plan in written form.
Requisites
REQUISITE TYPE
REQUISITES
Anti-requisite (mutual excl)
BMA109, BMA251, JNB220, XPD112, ZAA134
Alterations as a result of student feedback
To Be Determined. 
 
 

Teaching arrangements
ATTENDANCE MODE
TEACHING TYPE
LEARNING ACTIVITY
CONTACT HOURS
FREQUENCY
On Campus
Workshop
Introductory 1-hr workshop, Week 1
1
Once only
Lecture (On Campus)
Pre-recorded 1-hr lecture, once a week
1
Weekly
Workshop
2-hr workshop, weekly, commencing in Week 2
2
Weekly
Other
5-hrs independent learning
5
Weekly
Online
Online Class
Introductory 1-hr workshop, Week 1
1
Once only
Independent Learning
Pre-recorded 1-hr lecture, once a week
1
Weekly
Online Class
1-hr workshop, weekly, commencing in Week 2
1
Weekly
Independent Learning
5-hrs independent learning
5
Weekly
Attendance / engagement expectations
If your unit is offered On campus, it is expected that you will attend all on-campus and onsite learning activities. This is to support your own learning and the development of a learning community within the unit. If you are unable to attend regularly, please discuss the situation with your course coordinator and/or our UConnect support team.

If your unit is offered Online or includes online activities, it is expected you will engage in all those activities as indicated in the Unit Outline or MyLO, including any self-directed learning.

If you miss a learning activity for a legitimate reason (e.g., illness, carer responsibilities) teaching staff will attempt to provide alternative activities (e.g., make up readings) where it is possible.
 
The Tasmanian School of Business and Economics regularly hosts Masterclasses and Industry Engagement and Employability Events, which students are encouraged to attend. Registrations and details will be available via the College of Business and Economics channel on the Uni App and/or via your Unit Coordinator. 
 
 

How will I be Assessed?
 
For more detailed assessment information please see MyLO.
Assessment schedule
ASSESSMENT TASK #
ASSESSMENT TASK NAME
DATE DUE
WEIGHT
LINKS TO INTENDED LEARNING OUTCOMES
Assessment Task 1:
Marketing Plan Proposal Part One
Week 6
30 %
LO1, LO2, LO4
Assessment Task 2:
Marketing Plan Report Part Two
Week 10
30 %
LO1, LO2, LO3, LO4
Assessment Task 3:
Examination - Take Home Exam
Exam Period
40 %
LO1, LO2, LO3, LO4
 
Assessment details
Assessment Task 1: Marketing Plan Proposal Part One
Task Description:
You are required to prepare a written marketing plan proposal for the selected product. This is an individual task and will allow you to demonstrate your understanding of the functional purpose of the marketing planning process.

The following is the required structure for your Marketing Plan Proposal Part One:
Step 1. Background information on the product industry
Step 2. Competitor analysis
Step 3. Customer segmentation and targeting
Step 4. Product positioning
Task Length:
2,000 words
Due Date:
Week 6
Weight:
30 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Explain the functional role of the marketing mix.
LO1
2
Explain marketing theories using discipline specific terminology.
LO1
3
Use a mix of market segmentation variables to develop the profile of a target market for a specified product.
LO2
4
Identify and analyse marketing relevant information from electronic and academic sources to solve context specific marketing problems.
LO2
5
Apply knowledge of target marketing and positioning strategies to develop a positioning statement for a specified product.
LO2
6
Use marketing relevant information to communicate in written form the solutions to marketing problems.
LO4
 
Assessment Task 2: Marketing Plan Report Part Two
Task Description:
This individual task will allow you to demonstrate your understanding of the functional purpose of an integrated marketing mix strategy. Marketing theory (sourced from the prescribed textbook, and peer-reviewed journal articles) will be used as a framework for the presentation of Part Two of your Marketing Plan Proposal.

To this theoretical framework you will apply product specific research to evidence your understanding of marketing theory in a practical context.

The following is the required structure for your Marketing Plan Proposal Part Two:
1. Introduction: Briefly introduce the product, target market and product positioning. 2. Product: integrate marketing theory and evidence to discuss the function of the Product element of the marketing mix.
3. Price: integrate marketing theory and evidence to discuss the function of the Price element of the marketing mix.
4. Place: integrate marketing theory and evidence to discuss the function of the Place (Distribution) element of the marketing mix.
5. Promotion: integrate marketing theory and evidence to discuss the function of the Promotion element of the marketing mix.
6. Conclusion: conclude with a summary of how each of the elements of the Marketing Mix have been integrated to support the desired position in the market and deliver value to the target market.
Task Length:
2,000 words
Due Date:
Week 10
 

Weight:
30 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Explain marketing theories using discipline specific terminology.
LO1
2
Explain the functional role of the marketing mix.
LO1
3
Use a mix of market segmentation variables to develop the profile of a target market for a specified product.
LO2
4
Identify and analyse marketing relevant information from electronic and academic sources to solve context specific marketing problems.
LO2
5
Apply knowledge of the marketing mix to analyse that of a specified product.
LO2
6
Identify and discuss the impacts of marketing on organisational and societal sustainability.
LO3
7
Use marketing relevant information to communicate in written form the solutions to marketing problems.
LO4
 
Assessment Task 3: Examination - Take Home Exam
Task Description:
The final assessment will be conducted during the examination period. You will be required to prepare and submit a Product Pitch based on the information and feedback from Assessment 1 and 2 (the pitch will be recorded along with a supporting slide deck).
Task Length:
48 hours
Due Date:
Exam Period
Weight:
40 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Explain marketing theories using discipline specific terminology.
LO1
2
Explain the principles of segmentation, target marketing and positioning.
LO1
3
Explain the functional role of the marketing mix.
LO1
4
Use a mix of market segmentation variables to develop the profile of a target market for a specified product.
LO2
5
Apply knowledge of the marketing mix to analyse that of a specified product.
LO2
6
Identify current trends occurring in macro-environments and the potential implications of these for marketers.
LO2
7
Identify and discuss the impacts of marketing on organisational and societal sustainability.
LO3
8
Use marketing relevant information to communicate in written form the solutions to marketing problems.
LO4
 
 
 

How your final result is determined
To pass this unit, you need to demonstrate your attainment of each of the Intended Learning Outcomes, achieve a final unit grade of 50% or greater, and pass any hurdle tasks.
Submission of assignments
Where practicable, assignments should be submitted to an assignment submission folder in MYLO. You must submit assignments by the due date or receive a penalty (unless an extension of time has been approved by the Unit Coordinator). Students submitting any assignment in hard copy, or because of a practicum finalisation, must attach a student cover sheet and signed declaration for the submission to be accepted for marking.
Academic integrity
Academic integrity is about acting responsibly, honestly, ethically, and collegially when using, producing, and communicating information with other students and staff members.

In written work, you must correctly reference the work of others to maintain academic integrity. To find out the referencing style for this unit, see the assessment information in the MyLO site, or contact your teaching staff. For more detail about Academic Integrity, see
Important Guidelines & Support.
Requests for extensions
If you are unable to submit an assessment task by the due date, you should apply for an extension.
 
A request for an extension should first be discussed with your Unit Coordinator or teaching support team where possible. A request for an extension must be submitted by the assessment due date, except where you can provide evidence it was not possible to do so. Typically, an application for an extension will be supported by documentary evidence: however, where it is not possible for you to provide evidence please contact your Unit Coordinator.
 
The Unit Coordinator must notify you of the outcome of an extension request within 3 working days of receiving the request.
Late penalties
Assignments submitted after the deadline will receive a late penalty of 5% of the original available mark for each calendar day (or part day) that the assignment is late. Late submissions will not be accepted more than 10 calendar days after the due date, or after assignments have been returned to other students on a scheduled date, whichever occurs first. Further information on Late Penalties can be found on the Assessments and Results Procedure.
Review of results and appeals
You are entitled to ask for a review of the marking and grading of your assessment task if there is an irregularity in the marking standards or an error in the process for determining the outcome of an assessment. Details on how to request a review of a mark for an assignment are outlined in the Review and Appeal of Academic Decisions Procedure.
 
 

 
 

Required Resources
Required reading materials
Lamb CW, Hair JF, McDaniel C, Summers J, Gardiner M, 2023, MKTG5 (Asia-Pacific Edition), 5th Edition, Cengage, Australia
 
Recommended reading materials
 
 
Other required resources
In addition to the textbook recommended above, you are also expected to be familiar with the key academic journals in the discipline from which useful insights may be derived. In particular, you are encouraged to review regularly relevant papers that are published in:

• Industrial Marketing Management

• Journal of Marketing

• Journal of the Academy of Marketing Science

• Journal of Marketing Research

• Journal of Marketing Theory and Practice

Students should also review the following websites and blogs for up-to-date information and opinions on marketing:

• Australian Marketing Institute: www.ami.org.au
• American Association of Advertising Agencies: www.aaaa.org
• American Marketing Association: www.marketingpower.com
• Marketing Mag: www.marketingmag.com.au
• B&T Weekly (Incorporating Professional Marketer): www.bandt.com.au