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EXPORT-ORIENTED MANAGEMENT - IMC Fachhochschule Krems

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MARKETING AND SALES – Master Programme<br />

1 st Semester (FALL)<br />

Marketing Planning and Budgeting<br />

Semester Hours per week ECTS<br />

Fall 2 4<br />

Learning Outcomes / Course Objectives<br />

Upon completion of the course the student will be able to:<br />

• create and implement a marketing plan<br />

• calculate the necessary resources and develop a budgeting plan<br />

• apply modern management methods to support strategy development,<br />

communication and successful performance improvement<br />

• apply tools for analysis and decision making (e.g. Balanced Scorecard) during the<br />

development<br />

• realize and analyse the importance of different value systems and expectations<br />

during negotiations in an international context<br />

Prerequisites/Level<br />

None<br />

Literature<br />

Paul W. Farris, Neil T. Bendle, Phililip E. Pfeifer, David J. Reibstein: Marketing Metrics:<br />

The Definitive Guide to Measuring Marketing Performance, 2 nd Edition, 2010 Pearson;<br />

ISBN-13: 978-0-13-705829-7<br />

Teaching Methods<br />

Case study based learning.<br />

Course Description<br />

The course will cover the following topics:<br />

• Marketing-Plan<br />

• Connection between marketing-plan and strategy<br />

• Implementing of marketing strategy in a marketing plan including resource<br />

planning<br />

• Building blocks of a marketing budget<br />

• Marketing-Instrument and Marketing-Mix<br />

• Target pricing and target costing<br />

• Relationship between cost-, finance-, personnel- und marketing planning<br />

• Budget development and derivation bottom-up und top-down<br />

• Key indicators<br />

Evaluation<br />

Case study, final oral exam<br />

Project Management<br />

Semester Hours per week ECTS<br />

Fall 1 2<br />

FHR-5-0008_Vers.03_Rev.00_2012 480

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