Course Title: Identify and evaluate marketing opportunities
Part B: Course Detail
Teaching Period: Term1 2015
Course Code: MKTG5832C
Course Title: Identify and evaluate marketing opportunities
School: 650T Vocational Business Education
Campus: City Campus
Program: C5281 - Diploma of Business (Public Relations)
Course Contact : Sally Parrott
Course Contact Phone: +61 3 9925 5175
Course Contact Email:sally.parrott@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Doug Bell
Nominal Hours: 70
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
None
Course Description
This unit applies to individuals working in senior marketing management roles who, together with a marketing team, identify, investigate and evaluate marketing opportunities to determine whether they meet organisational and marketing objectives. Based on this evaluation, changes to current business operations can be determined to take advantage of marketing opportunities.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBMKG501B Identify and evaluate marketing opportunities |
Element: |
1. Identify marketing opportunities |
Performance Criteria: |
1.1. Plan and document presentation approach and intended outcomes |
Element: |
2. Investigate marketing opportunities |
Performance Criteria: |
2.1. Explain and discuss desired outcomes of the presentation with the target audience |
Element: |
3. Evaluate required changes to current operations |
Performance Criteria: |
.1. Implement techniques to review the effectiveness of the presentation |
Learning Outcomes
This unit describes the performance outcomes, skills and knowledge required to identify, evaluate and take advantage of marketing opportunities by analysing market data, distinguishing the characteristics of possible markets and assessing the viability of changes to operations.
Details of Learning Activities
This course is structured to provide students with the optimum learning experience. Students will participate in a combination of group and individual learning activities. These activities will be provided through a combination of face to face teacher/student deliveries plus classroom work time. Additional learning activities will also be provided to students to complete outside of timetabled time.
Teaching Schedule
Week One.
Course Induction
• Course delivery and assessment details
• Grading
• Plagiarism
• Appeals, Extensions, Feedback
• Privacy
• Submission requirements, Resubmission policy
• Student responsibilities
Pre-Training Review
• Includes skills analysis and Recognition of Prior Learning and Credit Transfers
Assessment timings and structure
Make a Presentation.
Why?
Process.
Structure
Workshop presentations, with evaluations
Week Two
Content
Voice and Body skills
Workshop Presentations, with evaluations
Week Three
Organisation
Visuals
Workshop Presentations- with evaluations.
Week Four
Assessment One - Presentations in class.
Week Five.
Identify & Evaluate Marketing Opportunities.
Introduction
Why
Creativity, Change, Innovation.
Research
Macro – external
- PESTE
Workshop
Week Six.
Micro – internal
- Current performance
- Skills (management and staff
- Resources
- Customers
- Suppliers
- Strategic alliances and networks
- Stakeholders, Register, communication.
Week Seven.
The Market
- Trends
- Customer needs
- Competition
Analysis
- SWOT
- Ansoff
- Gap
-
Workshop
Week Eight.
Creative Thinking
- Edward De Bono 6Hats
- Brainstorming
- Mind mapping, Idea generation
Workshop
Mid semester break (2nd - 8th April)
Week Nine.
Five Forces
Feasibility
- Techniques
- The Gating process
7 steps to validating.
Workshop
Assessment Two due.
Week Ten.
Launch
- Test Marketing.
- Product life-cycle
- 3 P’s strategies (including brand and position.)
- Budgeting
Week Eleven.
- Plan
- Communications
- Operations
- Resources
- Legislation.
Week Twelve.
Workshop Assessment Three.
Week Thirteen.
Assessment Three due.
Presentatisons in class
Week Fourteen.
Presentations in class.
Week Fifteen, Sixteen.
Resubmissions, Student Feedback.
Learning Resources
Prescribed Texts
References
Other Resources
Slides used in class presentations and available on the course Blackboard shell
Various videos on Youtube will be used throughout the semester, with appropriate links available on the Blackboard shell
Overview of Assessment
Students must demonstrate an understanding of all elements of a particular competency to be deemed competent. Assessment methods have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks.
Assessment will incorporate a variety of methods including assignments, journals, presentation and written or test. Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met.
Assessment Tasks
This course is co delivered and co assessed in with COMM 5928C Make a Presentation.
You are required to complete all 3 assessment tasks. You must successfully complete all 3 tasks to be deemed competent in this course.
Full details of each task and assessment criteria will be included in the coversheet for each assessment task, which will be available on your blackboard shell.
Assessment One – Presentation
The Big Presentation. Students are required to deliver an individual presentation, with visuals, on a topic to be advised.
Due: Week 4
Assessment Two – Report
Seek and Find Opportunities. Students are to work in teams of three to investigate and identify at least three marketing opportunities for a business operating in one of a list of nominated markets, and then write a report describing their work and the outcomes.
Due: Week 9
Assessment Three – Report and Presentation
Evaluate, Plan and Launch. Students are to evaluate their opportunities, decide the one with the grates potential and plan a launch. Students are to write a report, and deliver a presentation to class of the work and the outcomes.
Due: Week 13
FURTHER INFORMATION
Submission Requirements
You should:
• Ensure that you submit assessments on or before the due date.
• Always retain a copy of your assessment tasks. (hard copy and soft copy)
• When you submit work for assessment at RMIT University you need to use a cover sheet that includes a declaration and statement of authorship. You must complete, sign and submit a cover sheet with all work you submit for assessment, whether individual or group work. On the cover sheet you declare that the work you are presenting for assessment is your own work. An assignment cover sheet for submission of each assessment task is available on blackboard.
• Each page of your assessment should include footer with your name, student number, the title of the assessment, unit code and title and page numbers. For example, Julie Macpherson, 324567, Task 2, OHS2345C Ensure safe workplace, Page 1 of 10.
Late Submission Procedures
You are required to submit assessment items and/or ensure performance based assessment is completed by the due dates.
If you are prevented from submitting an assessment item on time, by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days.
More Information: http://www.rmit.edu.au/students/assessment/extension
Form to use: http://mams.rmit.edu.au/seca86tti4g4z.pdf
Where an extension of greater than seven days is needed, you must apply for special consideration.
Applications for special consideration must be submitted no later than two working days after the assessment task deadline or scheduled examination
More Information: http://www.rmit.edu.au/browse;ID=g43abm17hc9w
Form to use: http://mams.rmit.edu.au/8a5dgcaqvaes1.pdf
Resubmissions (VET Programs):
If you are found to be unsuccessful in a Course Assessment Task you will be allowed one resubmission only. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the resubmission. The highest grade you will receive if your resubmission is successful is “CAG”. If you are still not meeting the assessment requirements you must apply to your Program Manager in writing outlining the steps you will take to demonstrate competence in your course. Your submission will be considered by the Program Team and you will be advised of the outcome as soon as possible.
Adjustments to Assessment
In certain circumstances students may be eligible for an assessment adjustment. For more information about the circumstances under which the assessment arrangements might be granted please access the following
More Information: http://rmit.edu.au/browse;ID=7usdbki1fjf31
Marking Guide (Competency):
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying. You will receive feedback on each assessment task that will inform you about your progress and how well you are performing.
Marking Guide (Grading)
After achieving competency we then grade your performance in the unit and you will achieve one of the following grades:
Final Grades table:
CHD Competent with High Distinction
CDI Competent with Distinction
CC Competent with Credit
CAG Competency Achieved – Graded
NYC Not Yet Competent
DNS Did Not Submit for assessment
Further information regarding the application of the grading criteria will be provided by your teacher
Assessment Matrix
Full details on how this course is assessed against the Unit elements and performance criteria plus critical aspects of evidence can be found in the Learning and Assessment Tool available from your course teacher.
Other Information
NA
Course Overview: Access Course Overview