1. Course Description: The purpose of this course is to “Pull it altogether” and integrate what you have learnt in earlier courses including those in marketing and other disciplines – in making strategic marketing decisions.
The Course covers Business Horizon& Business Environment Analysis, Exploring new paradigms in market segmentation, How the customer focus forms the basis for marketing strategy, Differences in Product and Service Brand strategies, Leaders’, challengers’& followers’ strategies in matured, growth and declining markets &strategy implementation and control.
2. Students Learning Outcomes:
· Be able to: Understand principles dealing with the development of the marketing strategies and its linkage with corporate strategy. · Be able to: Understand which industries and product markets to focus with the help of a through environment analysis, customer analysis, competitor analysis and market analysis. · Be able to: Understand how different approaches are required in developing successful product and service brands. · Be able to : Analyse how pioneers, challengers and followers develop appropriate strategies in matured, growth and declining markets · Be able to: Understand how at the end, it is the execution and control that matter. 3. Required Text Books and Reading Material
Text Books
1. Marketing Strategy – A Decision-focused Approach, Authors – Walker, and Mullins – 7th Edition
· Besides the above, copies of the articles relating to strategic marketing from leading management journals like Harvard Bus. Review will be provided. 4. Tentative Session Plan
Attendance : 10% Quizzes (02) : 20% Midterm : 30% End–term : 40% Total 100% 6. Academic Integrity:As per XIMB norms