Course

Course Summary
Credit Type:
Course
ACE ID:
ACPE-0127
Organization's ID:
BUS203
Location:
Online
Length:
This is a self-paced online course that is completed over 128 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Principles Of Marketing
Description

Objective:

The course objective is to provide a basic understanding of the principles of marketing. This course aims to teach about the marketing process, and to demonstrate the range of marketing decisions that an organization must make in order to sell its products and services. It also discusses how to think like a marketer by focusing on the consumer. It encourages students to ask, 'Who is the consumer of goods and services? What does the consumer need? What does the consumer want?' Marketing is an understanding of how to communicate with the consumer, and is characterized by four activities: creating products and services that serve consumers; communicating a clear value proposition; delivering products and services in a way that optimizes value; and exchanging, or trading, value for those offerings.

Learning Outcomes:

  • Define marketing and explain its function in society
  • Explain the difference between marketing, advertising, and sales
  • Describe marketing concepts and terminology
  • Describe the concept of pricing
  • Explain product strategy, including the concepts of product life cycle, positioning, and pricing
  • Analyze the process of distribution and explain marketing channels
  • Explain how to develop a marketing plan and apply the principles of marketing in creating a marketing plan
  • Describe the process of market research
  • Define competition and explain competitive analysis
  • Identify the key elements of product promotions
  • Describe employment and career development opportunities in marketing

General Topics:

  • Marketing definition and principles
  • Segmenting, targeting, and positioning
  • Customers and marketing research
  • Life cycles, offers, supply chains, and pricing
  • Launching a marketing campaign
  • Professional development
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

70%
Supplemental Materials