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  • 8/8/2019 Diploma in Sales and Marketing Management

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    Website: www.lcmuk.comE-mail: [email protected]

    Tel: +44 20 8385 7766Fax: +44 20 8385 7755

    Buckingham House East, Stanmore, Greater London HA7 4EB

    Diplomain

    Sales & MarketingManagement

    Detailed Syllabus

    London Centreof

    Marketing

    SMM DIPLOMA LEVEL SYLLABI

    DRF R1.2 MARCH 2010

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    SMM DIPLOMA LEVEL SYLLABI

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    Title of AwardDiploma in Sales & Marketing Management

    Learning Hours160 Guided Learning Hours (GLH)320 Independent Learning Hours (ILH)

    StructureCandidates must attempt a minimum of four modules in total. Three modules are mandatory and the

    candidate must complete at least one of the two optional modules successfully before the Award can

    be issued.

    Module Title GLHMandatory

    Or OptionalMode of Assessment Weighting

    Principles of Marketing 40 Mandatory Internally set, marked andmoderated final examination 25%

    Sales Management 40 MandatoryInternally set, marked and

    moderated final examination25%

    Buyer Behaviour 40 MandatoryInternally set, marked and

    moderated final examination25%

    Market Intelligence &

    Planning40 Optional

    Internally set, marked and

    moderated final examination25%

    Business Management 40 OptionalInternally set, marked and

    moderated final examination25%

    PrerequisitesCandidates must possess a minimum of at least four GCSE Level Qualifications or equivalent.

    Candidates must also be able to demonstrate proficiency in English.

    Guidance MaterialsEach syllabus contains a reading list with titles candidates should base their studies on. In addition,

    past examination papers for each module in this Award are also posted on our website.

    DeliveryThe delivery of the Award will commence in January 2010.

    Internal Quality ControlAll examination papers are internally set, marked and moderated.

    UNIT SPECIFICATIONS1 Title of ModulePrinciples of Marketing

    2 Level

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    3

    3 Guided Learning Hours40

    4 London Centre of Marketing Diploma in Sales & Marketing Management Award of whichthis module is a component

    Qualification Title Optional orMandatoryValue of module as aProportion of theAward

    London Centre of Marketing

    Diploma in Sales & Marketing ManagementMandatory 25%

    5 Aims and Objectives of this Module

    This module is designed to provide candidates with an introduction to marketing concepts, processesand frameworks as they can be applied in a variety of organisations. More specifically, the module

    aims to develop candidates' knowledge and understanding of the core role of marketing in

    determining the growth potential of an enterprise, including an understanding of the significance of

    the external and internal operating environments for marketing practice, methods to identify market

    segments, and the impact organisations can achieve via developing and integrating the marketing mix.

    Upon successful completion of the module the candidate should be able to:

    Explain basic marketing concepts, principles and processes. Understand the impact of the external environment on marketing decision making. Apply marketing concepts to business and organisational settings and to case material.6 Learning OutcomesL01 Understand the impact that an organizations micro and macro environments can have on

    marketing activity.

    L02 Describe key marketing concepts and processes in the context of a range of organizationalsettings

    L03 Explain the importance of customers and customer segments in determining the suitabilityand effectiveness of a diverse range of marketing decisions, including decisions on product,

    pricing, promotional tools and place decisions.

    L04 Explain the marketing activities that make up product, pricing, promotional and placedecisions

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    7 ContentL01 Understand the impact that an organizations micro and macro environments can have on

    marketing activity

    Marketing and its Environment Marketing Dynamics The European Marketing Environment.

    L02 Describe key marketing concepts and processes in the context of a range of organizationalsettings

    What is strategy and what do we mean by strategic marketing Stages in the marketing planning process Implementation and control mechanisms for the strategic marketing plan International marketing key issues E-Marketing and the new media as opportunities for marketers

    L03 Explain the importance of customers and customer segments in determining the suitabilityand effectiveness of a diverse range of marketing decisions, including decisions on product,

    pricing, promotional tools and place decisions.

    Customer and Markets Consumer Behaviour B2B Buying Behaviour Segmenting Markets and Target Marketing Marketing Information and Research

    L04 Explain the marketing activities that make up product, pricing, promotional and placedecisions

    What is a product? What are services? Product Management and new product development Pricing: context, concepts and strategies Marketing channels, including retailers and wholesalers; distribution and logistics Promotional tools including advertising, sales promotion, personal selling, direct marketing,

    public relations and sponsorship

    Integrated Marketing Communications

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    8 Assessment CriteriaLearning Outcome Content Assessment CriteriaL01Understand the impactthat an organizations micro

    and macro environments canhave on marketing activity

    Marketing and itsEnvironment

    Marketing dynamics The European marketing

    environment

    Describe the factors in theorganisations marketing

    environment using macroenvironmental tools such as

    PEST (Political, Economic,

    Social-Cultural,

    Technology)

    Describe the factors in theorganisations micro

    environment, including

    competitors, customers,

    suppliers, and other

    stakeholders.

    Explain how the macro andmicro environmental factorscan impact an organisations

    marketing decisions.

    Explain key issues affectingorganisations in the

    European marketing

    environmentL02 Describe key marketingconcepts and processes in the

    context of a range of

    organizational settings

    -Strategic Marketing Marketing planning,

    management and control

    Services and non-profitmarketing International marketing E-marketing and new

    media

    Outline the steps in thestrategic marketing planning

    process.

    Describe means to evaluatethe outcome of marketingdecisions.

    Explain the additionalmarketing challenges faced

    by service and not for profit

    organisations and those

    operating in international

    settings.

    Explain both theopportunities and challenges

    of the internet and newmedia for marketing.L03 Explain the importance ofcustomers and customer

    segments in determining the

    suitability and effectiveness of a

    diverse range of marketing

    decisions, including decisions

    on product, pricing,

    promotional tools and place

    decisions.

    Customer and Markets Consumer Behaviour B2B Buying Behaviour Segmenting Markets and

    Target Marketing

    Marketing Information andResearch

    Differentiate betweenmarketing approaches in

    consumer markets and in

    business to business markets.

    Explain how to segmentmarkets and how to identify

    target markets in both

    consumer and business to

    business settings.

    Describe the role ofmarketing research in

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    understanding customers

    needs, expectations and

    buying behaviour.L04 Explain the marketingactivities that make up product,

    pricing, promotional and placedecisions

    What is a product? Whatare services?

    Product Management andnew product development Pricing: context, concepts

    and strategies

    Marketing channels,including retailers and

    wholesalers; distribution

    and logistics

    Promotional toolsincluding advertising, sales

    promotion, personal

    selling, direct marketing,public relations and

    sponsorship

    Integrated MarketingCommunications

    Describe the different levelsof the product core,

    Explain the product lifecycle and the steps in thenew product development

    processes.

    Differentiate betweenskimming and penetration

    pricing strategies.

    Explain the different routesto market that a product or

    service can take from

    manufacturer/producer/

    provider to final user. Using the integrated

    communications module,

    explain the different roles of

    advertising, sales promotion,

    public relations and selling

    in achieving marketing

    outcomes.

    9 References

    Core TextBrassington & Pettitt (2006), Principles of Marketing: 4th Edn Pearson

    Supplementary TextsBaines, Fill & Page (2008), Marketing: Oxford University Press

    Kotler & Armstrong (2007), Principles of Marketing: 12th Edn Pearson

    Jobber (2007), Principles and Practice of Marketing: 5 th Edn McGraw-Hill

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    UNIT SPECIFICATIONS

    1 Title of ModuleSales Management

    2 Level3

    3 Guided Learning Hours40

    4 London Centre of Marketing Diploma in Sales & Marketing Management Award of whichthis module is a componentQualification Title Optional orMandatory

    Value of module as aProportion of theAwardLondon Centre of Marketing

    Diploma in Sales & Marketing ManagementMandatory 25%

    5 Aims and Objectives of this Module

    The aim of this module is to provide candidates with a detailed understanding of sales managementfunctions and processes in contemporary organizations. Candidates will be introduced to a wide range

    of analytical, managerial and theoretical techniques used in the sales context and in the management

    of a sales team.

    Upon successful completion of the module the candidate should be able to:

    Explain the role of sales and selling in achieving an organizations marketing objectives Explain the role and main tasks of a sales manager and the environment in which those tasks take

    place.

    Analyse a range of selling strategies and techniques, including forecasting and evaluation.

    6 Learning OutcomesL01 Differentiate selling within a range of marketing contextsL02 Demonstrate the role of sales and sales management as tools in achieving marketing

    objectives

    L03 Explain the role of the sales manager in setting sales targets; recruiting the sales team; settingsales objectives and targets; and evaluating, assessing and compensating salespeople.

    L04 Analyse selling functions, strategies and techniques, including relationship sellingL05 Explain the legal environment for selling and key ethical issues.

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    7 ContentL01 Differentiate selling within a range of marketing contexts

    Sales in B2C, B2B, not for profit and other contexts Sales Settings Sales as one tool in the promotional mix International Selling The sales career

    L02 Demonstrate the role of sales and sales management as a tool in achieving marketingobjectives.

    The sales perspective The role of selling in marketing and in achieving marketing objectives The role of the sales manager Alternative ways to structure a sales team: by product or product line, by geographic territory,

    by type of buyer and others

    L03 Explain the role of the sales manager in setting sales targets; recruiting the sales team; settingsales objectives and targets; and evaluating, assessing and compensating salespeople.

    Recruitment and Selection of sales people Motivation and Training Organisation and Compensation Sales Control, including forecasting, budgeting and sales force evaluation

    L04 Analyse selling functions, strategies and techniques, including relationship selling. Sales Responsibilities and Preparation Personal Selling skills Key Account Management Relationship Selling Direct Marketing Internet and IT Applications in Selling and Sales Management

    L05 Explain the legal environment for selling and key ethical issues. Law and Ethical Issues in selling

    8 AssessmentLearning Outcome Content Assessment CriteriaL01 Differentiate sellingwithin a range of marketing

    contexts

    Sales in B2C, B2B, not forprofit and other contexts.

    Sales Settings Sales as one tool in the

    promotional mix

    International selling The sales career

    Explain how the salesprocess can differ between

    consumer and

    organizational and/or

    business to business

    contexts. Demonstrate how the role

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    and importance of the

    sales function in a range of

    organizations including

    profit and not-for profit

    settings as well as small,

    medium and largerenterprises.

    Explain the additionalissues and challenges that

    face the international sales

    organization.L02 Demonstrate the role ofsales and sales management as

    a tool in achieving marketing

    objectives.

    The sales perspective The role of selling in

    marketing and in

    achieving marketing

    objectives

    The role of the salesmanager Alternative ways to

    structure a sales team: by

    product or product line,

    by geographic territory, by

    type of buyer and others

    Describe the similaritiesand differences between

    the sales perspective and

    the broader marketing

    perspective.

    Explain the role of salesand sales management inachieving marketing and

    organizational objectives.

    Discuss differentapproaches to structuring

    the selling function and

    the advantages and

    disadvantages of each.L03 Explain the role of thesales manager in setting sales

    targets; recruiting the salesteam; setting sales objectives

    and targets; and evaluating,

    assessing and compensating

    salespeople.

    Recruitment and Selectionof sales people

    Motivation and Training Organisation and

    Compensation

    Sales Control, includingforecasting, budgeting and

    sales force evaluation

    Describe the tasks of thesales manager.

    Explain methods ofrecruitment and selectionof sales people.

    Analyse the differentmotivational and

    compensation methods for

    sales people.

    Explain the methods forsetting budgets and for

    evaluating both sales

    people and sales outcomes

    used by sales managers.L04 Analyse selling functions,strategies and techniques,

    including relationship selling. Sales Responsibilities and

    Preparation

    Personal Selling skills Key Account Management Relationship Selling Direct Marketing Internet and IT

    Applications in Selling

    and Sales Management

    Explain the roles of andselling skills needed by the

    sales person.

    Differentiate betweenselling and key account

    management.

    Assess the contexts inwhich relationship selling

    is the most appropriate

    form of selling.

    Explain the role of sales indirect marketing and

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    internet marketing.

    Describe the key sales andsales management IT

    applications in use today.L05 Explain the legalenvironment for selling andkey ethical issues.

    Law and Ethical Issues inselling

    Explain key sales laws andregulations in an EUcontext.

    Analyze key ethical issuesand dilemmas faced by

    sales managers and sales

    people.

    9 ReferencesCore TextJobber and Lancaster (2005), Selling and Sales Management: 7th Ed Pearson

    Supplementary TextsDonaldson (2007), Sales Management; Theory & Practice: 3rd Ed Palgrave

    Rogers (2007), Rethinking Sales: Management Wiley

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    UNIT SPECIFICATIONS

    1 Title of ModuleBuyer Behaviour

    2 Level3

    3 Guided Learning Hours40

    4 London Centre of Marketing Diploma in Sales & Marketing Management Award of whichthis module is a component

    Qualification TitleOptional orMandatory

    Value of module as aProportion of theAward

    London Centre of Marketing

    Diploma in Sales & Marketing ManagementMandatory 25%

    5 Aims and Objectives of this ModuleThe aim of this module is to provide candidates with knowledge of the factors that influence buyer

    behaviour in different contexts, such as buying for self, gift buying, buyer behaviour in groups (e.g.

    households or families) and buying in organisations. Relevant theories of consumer and organisational

    behaviour will be explored and critiqued so that candidates can gain insights into how and why buyers

    behave the way they do. Candidates will also be expected to relate theories of buyer behaviour tocontemporary marketing practices.

    Upon successful completion of the module the candidate should be able to:

    Differentiate between buyer behaviour in consumer and organisational settings. Discuss the personal, social, cultural and marketing influences on consumers at different stages of

    the buying process.

    Explain how knowledge and understanding of buyer behaviour is used in marketing decisionmaking.

    6 Learning OutcomesL01 Explain the importance of consumer behaviour and decision making to marketing strategy.L02 Outline and explain the steps in a range of consumer decision making processes.L03 Explain the role and impact of individual (psychological), social and cultural factors in

    consumer decision-making and buying behaviour.

    L04 Describe the characteristics of organisational buyer behaviourL05 Explain the strengths and weaknesses of the dominant theories of consumer behaviour and

    organisational buyer behaviour

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    7 ContentL01 Explain the importance of consumer behaviour and decision making to marketing strategy.

    An introduction to consumer behaviour in marketing Consumers impact on marketing strategy and marketings impact on consumers Consumer vs. organizational and/or business to business buying behaviour How consumer behaviour information is gathered by marketers

    L02 Outline and explain the steps in a range of consumer decision making processes Stages in the consumer decision making process: problem recognition, information search,

    evoked set, evaluation of alternatives, purchase, and post-purchase behaviour.

    Alternative forms of decision making: limited problem-solving; habitual decision making ,extended problem-solving

    Heuristics and decision rules and how they impact consumer decision making

    L03 Explain the role and impact of individual (psychological), social and cultural factors inconsumer decision-making and buying behaviour.

    Perception, learning, information, and memory Motivation, values and involvement Attitudes and attitude change Expectancy theory, drive theory, cognitive dissonance theory, and approach-avoidance

    conflict theory

    Group influence on consumer decision making, including reference groups, aspirationalgroups and family

    Influence of social class, income, culture and sub-cultures on consumer decision making andbuying behaviour

    Lifestyles and European cultures New times, new consumers

    L04 Describe the characteristics of organisational buyer behaviour Models of organizational and business to business decision-making The buying centre concept and buying criteria Supply chain issues

    L05 Explain the strengths and weaknesses of the dominant theories of consumer behaviour andorganisational buyer behaviour

    Consumer Behaviour theories including expectancy theory, drive theory, cognitivedissonance theory, and approach-avoidance conflict theory and the theory of reasoned action

    Organisational Buying Behaviour theories including the relationship life cycle theory andnetwork theory

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    8 AssessmentLearning Outcomes Content Assessment CriteriaL01 Explain the importanceof consumer behaviour and

    decision making to marketingstrategy.

    An introduction toconsumer behaviour in

    marketing Consumers impact on

    marketing strategy and

    marketings impact on

    consumers

    Consumer vs.organizational and/or

    business to business

    buying behaviour

    How consumer behaviourinformation is gathered by

    marketers

    Explain how knowledgeof consumer behaviour

    helps marketers makebetter decisions.

    Describe the differencesin the consumer vs. the

    organizational decision

    making process.

    Describe the tools thatare used to gather

    information about

    consumer needs,

    expectations and buying

    behaviourL02 Outline and explain thesteps in a range of consumer

    decision making processes

    Stages in the consumerdecision making process:

    problem recognition,

    information search, evoked

    set, evaluation of

    alternatives, purchase, and

    post-purchase behaviour.

    Alternative forms ofdecision making: limited

    problem-solving; habitual

    decision making ,extended problem-solving

    Heuristics and decisionrules and how they impact

    consumer decision making

    Explain each of the stepsin the consumer

    decision making process.

    Determine situations inwhich consumers use

    limited, habitual or

    extended decision

    making forms.

    Identify and explaintools that individuals use

    to make decisions.

    L03 Explain the role andimpact of individual

    (psychological), social and

    cultural factors in consumer

    decision-making and buying

    behaviour.

    Perception, learning,information, and memory

    Motivation, values andinvolvement

    Attitudes and attitudechange

    Expectancy theory, drivetheory, cognitive

    dissonance theory, and

    approach-avoidance

    conflict theory

    Group influence onconsumer decision

    making, including

    reference groups,

    aspirational groups and

    family

    Influence of social class,

    Explain the perceptualprocess and perceptual

    selection.

    Discuss how learning,information and

    memory assist

    consumers in decision

    making.

    Identify products and/orservices that are

    marketed towards

    different consumer

    motivational needs and

    desires.

    Explain the impact ofattitudes on consumer

    decision making and the

    challenges marketers

    face in changing

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    income, culture and sub-

    cultures on consumer

    decision making and

    buying behaviour

    Lifestyles and Europeancultures

    New times, newconsumers

    consumer attitudes.

    Discuss how social,demographic, and

    cultural factors can

    impact consumer

    decision making. Explain how new tools

    and technology such as

    the internet have

    impacted consumer

    behaviour.L04 Describe thecharacteristics of

    organisational buyer

    behaviour

    Models of organizationaland business to business

    decision-making

    The buying centre conceptand buying criteria

    Supply chain issues

    Analyze alternativemodels of organizational

    and business to business

    buying behaviour.

    Explain the buyingcentre concept and itsimpact on organizational

    marketing.

    Discuss the challenges ofmanaging supply chains

    in marketing.L05 Explain the strengthsand weaknesses of the

    dominant theories of

    consumer behaviour and

    organisational buyer

    behaviour

    Consumer Behaviourtheories including

    expectancy theory, drive

    theory, cognitive

    dissonance theory, and

    approach-avoidanceconflict theory and the

    theory of reasoned action

    Organisational BuyingBehaviour theories

    including the relationship

    life cycle theory and

    network theory

    Analyze key consumerbehaviour theories in

    terms of their ability to

    explain consumer

    decision making.

    Explain the importanceof supplier relationships

    and relationship theory

    to organizational

    marketing.

    Analyze the traditionalvs. the more recent

    theories of

    organizational buying

    behaviour.

    9 ReferencesCore TextSolomon (2007), Consumer Behaviour: A European Perspective: Pearson

    Supplementary TextsSchiffman et al (2008), Consumer Behaviour: 4th Ed Pearson

    Blyth (2007), Consumer Behaviour: Thompson (Cengage)

    Foxall (2002), Consumer Behaviour Analysis: Routledge

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    UNIT SPECIFICATIONS

    1 Title of ModuleMarket Intelligence and Planning

    2 Level3

    3 Guided Learning Hours40

    4 London Centre of Marketing Diploma in Sales & Marketing Management Award of whichthis module is a componentQualification Title Optional orMandatory

    Value of module as aProportion of theAwardLondon Centre of Marketing

    Diploma in Sales & Marketing ManagementOptional 25%

    5 Aims and Objectives of this Module

    The aim of this module is to introduce candidates to the range of information sources andinformation gathering techniques that they will need to operate in a marketing context and to develop

    marketing plans. Candidates will learn how to identify these sources of information and then

    critically evaluate them for importance, value, impact, and validity. Candidates will also evaluate a

    range of types of marketing information, including numerical information, images, text, and

    multimedia and determine how these sources and types of information can be used or manipulated to

    improve marketing planning and decision making.

    Upon successful completion of the module the candidate should be able to:

    Identify and interpret relevant sources of information for specific marketing purposes. Apply relevant techniques for summarising and re-expressing various kinds of information (e.g.

    compile tables and graphs, derive descriptive statistics, calculate percentages, and draw maps of

    marketing data).

    Critically evaluate the validity, reliability and relevance of various forms of information in amarketing context.

    Apply information in all its forms to marketing planning.

    6 Learning OutcomesL01 Find and retrieve marketing related information from relevant sources.L02 Critically evaluate marketing-related information in a range of forms for reliability, validity

    and relevance.

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    L03 Create appropriate summaries of relevant information for marketing purposes, either innumerical, textual or visual formats

    L04 Outline and describe the steps in the marketing planning process and identify informationneeds at each stage.

    L05 Identify and summarise relevant information for different stages in the marketing planningprocess.

    7 ContentL01 Find and retrieve marketing related information from relevant sources.

    Understand and interpret marketing information Find and retrieve marketing information from a range of sources including informational

    databases, library sources, market research reports and in-company or commercial documents

    Develop information search and evaluation skills such as how information can be classified;the tools for holding information types; searching on the internet; types of information;

    classifications of information; tools for bibliographic information retrieval; and searching the

    Internet

    L02 Critically evaluate marketing-related information in a range of forms for reliability, validityand relevance.

    Evaluate information for relevance, currency, fitness for purpose, quality and source Develop critical thinking skills Apply basic numerical skills to the analysis of numerical information

    L03 Create appropriate summaries of relevant information for marketing purposes, either innumerical, textual or visual formats. Collate and synthesize marketing information Apply basic numerical skills to the analysis of numerical information and provide

    interpretation

    Summarize in writing information from textual, visual or numerical sources for marketingpurposes

    Correctly reference informationL04 Outline and describe the steps in the marketing planning process and identify information

    needs at each stage.

    Identify and describe the stages of situational analysis; objective setting and strategyformulation, developing appropriate marketing tools and tactics, implementation and

    control.

    Outline the information needs at each stage of the marketing planning process.L05 Identify and summarise relevant information for different stages in the marketing planning

    process.

    Identify appropriate sources of information to assist marketers in conducting a situationalanalysis (macro environment, microenvironment and internal environment) for marketing

    planning

    Summarise and interpret relevant situational analysis information whether textual ornumerical

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    Identify appropriate stages in the planning, implementation and evaluation processes ofmarketing where marketing research should be carried out.

    Identify appropriate stages in the planning, implementation and evaluation process ofmarketing where additional information should be gathered, interpreted and used to improve

    decision making.

    Discuss ethical issues that may arise in the gathering, interpreting or using of information.

    8 Assessment CriteriaLearning Outcome Content Assessment CriteriaL01 Find and retrievemarketing related information

    from relevant sources.

    Understand and interpretmarketing information

    Find and retrieve marketinginformation from a range of

    sources including

    informational databases,library sources, market

    research reports and in-

    company or commercial

    documents

    Develop information searchand evaluation skills such as

    how information can be

    classified; the tools for

    holding information types;

    searching on the internet;

    types of information;classifications of information;

    tools for bibliographic

    information retrieval; and

    searching the Internet

    Understand and interpretmarketing information.

    Find and retrieve marketinginformation from a range of

    sources including

    informational databases,

    library sources, marketresearch reports and in-

    company or commercial

    documents

    Develop information searchand evaluation skills such as

    how information can be

    classified; the tools for

    holding information types;

    searching on the internet;

    types of information;

    classifications of information;tools for bibliographic

    Describe a range of the typesof sources where marketing

    related information can be

    gathered and organize these

    sources in terms of their

    value and reliability. Explain key rules for

    searching for reliable

    information on the internet.

    Explain key rules forsearching for reliable

    information in informational

    databases and library sources.

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    information retrieval; and

    searching the InternetL02 Critically evaluatemarketing-related information

    in a range of forms for

    reliability, validity andrelevance.

    Evaluate information forrelevance, currency, fitness

    for purpose, quality and

    source Develop critical thinking

    skills

    Apply basic numerical skillsto the analysis of numerical

    information

    Given three pieces ofmarketing information

    related to a particular

    marketing problem, criticallyevaluate each for relevance,

    quality and reliability.

    L03 Create appropriatesummaries of relevant

    information for marketing

    purposes, either in numerical,textual or visual formats.

    Collate and synthesizemarketing information

    Apply basic numerical skillsto the analysis of numerical

    information and provideinterpretation

    Summarize in writinginformation from textual,

    visual or numerical sources

    for marketing purposes

    Correctly referenceinformation

    Provide a concise andaccurate synthesis of given

    sets of marketing

    information and reference

    appropriately. Using numerical techniques,

    summarize and chart given

    marketing numerical

    information.

    L04 Outline and describe thesteps in the marketing planning

    process and identify

    information needs at eachstage.

    Identify and describe thestages of situational analysis;

    objective setting and strategy

    formulation, developingappropriate marketing tools

    and tactics, implementation

    and control.

    Outline the informationneeds at each stage of the

    marketing planning process

    Outline and explain the stepsin the marketing planning

    approach.

    Describe the kinds ofinformation that marketers

    need at each stage of the

    marketing planning process.

    L05 Identify and summariserelevant information for

    different stages in the

    marketing planning process.

    Identify appropriate sourcesof information to assist

    marketers in conducting a

    situational analysis (macro

    environment, microenvironment and internal

    environment) for marketing

    planning

    Summarise and interpretrelevant situational analysis

    information whether textual

    or numerical

    Identify appropriate stages inthe planning,

    implementation and

    evaluation processes ofmarketing where marketing

    Identify information needsand sources at each stage of

    the marketing planning

    process.

    Given a body of information,determine whether the

    information is macro

    environmental, micro

    environmental or internal

    and summarise that

    information.

    Discuss where marketingresearch may be needed in

    the strategic marketing

    planning process.

    Explain the types of ethicalissues that may arise in

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    9 ReferencesCore TextsCallingham (2004), Market Intelligence (MRS series): Kogan Page

    Cottrell (2005), Critical Thinking: Skills Palgrave

    Supplementary TextsMurphy (2005), Competitive Intelligence: Gower Publishing

    research should be carried

    out.

    Identify appropriate stages inthe planning,

    implementation and

    evaluation process ofmarketing where additional

    information should be

    gathered, interpreted and

    used to improve decision

    making.

    Discuss ethical issues thatmay arise in the gathering,

    interpreting or using of

    information.

    information gathering and

    use and discuss means to deal

    with these issues

    appropriately.

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    UNIT SPECIFICATIONS

    1 Title of ModuleBusiness Management

    2 Level3

    3 Guided Learning Hours40

    4 London Centre of Marketing Diploma in Sales & Marketing Management Award of whichthis module is a component

    Qualification TitleOptional orMandatory

    Value of module as aProportion of theAward

    London Centre of Marketing

    Diploma in Sales & Marketing ManagementOptional 25%

    5 Aims and Objectives of this ModuleThe aim of this module is to provide a broad, yet integrated view of management in organisations.

    Candidates will gain insights into the theory and practice of management, including management

    processes; styles of management and leadership across cultures; factors influencing management

    thought and practice; and analytical approaches to management strategy.

    Upon successful completion of the module the candidate should be able to:

    Describe core management functions, practices, and processes. Conduct a comparative analysis of management and leadership styles both domestically and

    across cultures.

    Identify external factors that impact management and management decision making. Develop strategic management directions for the organisation.6 Learning OutcomesLO1 Identify relevant managerial roles and functions across a range of organisations and

    organisational structures.

    LO2 Determine external and other factors that influence type, style, structure and outcomes ofmanagement.

    LO3 Evaluate alternative styles of management and leadership both domestically and acrosscultures.

    LO4 Critically evaluate the theory and practice of strategic management.

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    7 ContentLO1 Identify relevant managerial roles and functions across a range of organisations and

    organisational structures.

    Identify different organisational structures and how they can influence management roles andfunctions.

    Identify theories of management thinking and practice Explain core management skills and competencies. Discuss key functions of communicating, co-ordinating, decision-making, planning,

    implementation and control.

    Describe aspects of personal time management.

    LO2 Determine external and other factors that influence type, style, structure and outcomes ofmanagement.

    Traditional managerial approaches and Boundary Management approaches The external environment and its impact on management The market and its impact on management and managerial tasks New and evolving technologies and their impact on management Globalisation and internationalisation and impacts on management Managing change and diversity.

    LO3 Evaluate alternative styles of management and leadership both domestically and acrosscultures.

    Alternative management styles Humanistic style of management Theories of leadership, including principles of ethical and moral leadership. National culture and management International management styles including European and South East Asian.

    LO4 Critically evaluate the theory and practice of strategic management. Theoretical perspectives on strategic management practice. Assessing resources and capabilities to achieve sustainable competitive advantage Knowledge management

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    8 Assessment CriteriaLearning Outcomes Content Assessment CriteriaLO1 Identify relevantmanagerial roles and functions

    across a range of organisationsand organisational structures.

    Identify differentorganisational structures

    and how they can influencemanagement roles and

    functions.

    Identify theories ofmanagement thinking and

    practice

    Explain core managementskills and competencies.

    Discuss key functions ofcommunicating, co-

    ordinating, decision-

    making, planning,implementation and

    control.

    Describe aspects of personaltime management.

    Evaluate alternative theoriesof management thinking

    and practice. Explain core management

    competencies and the key

    functions of management.

    LO2 Determine external andother factors that influence

    type, style, structure and

    outcomes of management.

    Traditional managerialapproaches and Boundary

    Management approaches

    The external environmentand its impact on

    management

    The market and its impacton management and

    managerial tasks

    New and evolvingtechnologies and their

    impact on management

    Globalisation andinternationalisation and

    impacts on management

    Managing change anddiversity.

    Differentiate betweentraditional approaches to

    management and Boundary

    Management approaches.

    Identify and discuss theexternal and internal factors

    that can impactmanagement and

    management decision

    making.

    Discuss the challenges tomanagement of operating

    internationally.

    LO3 Evaluate alternative stylesof management and leadership

    both domestically and across

    cultures.

    Alternative managementstyles

    Humanistic style ofmanagement

    Theories of leadership,including principles of

    ethical and moral

    leadership.

    National culture andmanagement

    International managementstyles including Europeanand South East Asian.

    Describe alternative stylesof management.

    Explain the benefits andchallenges of a humanistic

    style of management in

    relation to other more

    traditional styles.

    Outline and discussalternative theories of

    leadership.

    Discuss alternative styles ofmanagement often found inother regions of theworld.

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    LO4 Critically evaluate thetheory and practice of strategic

    management.

    Theoretical perspectives onstrategic management

    practice.

    Assessing resources andcapabilities to achieve

    sustainable competitiveadvantage

    Knowledge management

    Explain what is meant bystrategic management

    practice.

    Discuss means by which anorganisation can achieve a

    sustainable competitiveadvantage.

    Explain the role andbenefits of knowledge

    management within an

    organisation.

    9 ReferencesCore TextMorden, T. (2004), Principles of Management: Ashgate Publishing

    Supplementary TextsHitt, M., Black, S. and Porter, L.W. (2009), Management: Pearson

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