Strategic Decisions in Marketing (Business Game) Gr.2

EM1F4M54B2

Semester
B
Discipline
Marketing
Contact hours
27 H
Number of spots
35
Open to visitors
Yes
Language
Coordinator
Claude CHAILAN


Pedagogical contribution of the course to the program

No educational contribution associated with this course for this program.

Description

This course is a business simulation. Participants are organized in teams, and are to manage the marketing department of a large corporation. Teams are competing with several other firms in in a same industry. Each team is responsible for formulating and implementing the long-term marketing strategy of your division. In particular, teams have to: - Work in a highly competitive market - Target consumer segments and position your products - Interface with R&D to design and develop new products - Launch new products and improve existing ones - Interface with the production department - Make marketing mix decisions: pricing, advertising, … - Decide on the size and priorities of your commercial team - Order market research studies to get up-to-date information for decision making. The objective is to maximize the Share Price Index of the company, which takes into account several indicators including net contribution generated, product market share, ability to grow the organization’s revenues and the quality of projects successfully completed.

Teaching methods

Face-to-face

- Lectures

In group

- Exercises

Interaction

- Discussions/debates
- Games (educational, role play, simulation)

Others

No items in this list have been checked.

Learning objectives

Cognitive domain

Upon completion of this course, students should be able to
  • - (level 3) Employ marketing tools and concepts seen all along their studies
  • - (level 4) Analyze a competitive environment and figure out options to create value for customers and the company
  • - (level 5) Plan a consistent marketing plan, long-term
  • - (level 6) Appraise their managerial practice within a team

Affective domain

Upon completion of this course, students should be able to
None affective domain have been associated with this course yet

Outline

The cohort is split in several teams and each team is managing a company, with a special (but not exclusive) focus on strategic marketing. Teams are competing one against another. A set of managerial decisions are taken all over a 3 days long period, and teams receives a individualized feedback after each of these decisions. Also,'Incidents', crisis situations might occur, as in real business life. On the last day, teams are asked to assess how they managed the company. A presentation is made by each team to the board of the company.

No prerequisite has been provided

Knowledge in / Key concepts to master

Marketing Fundamentals OR Marketing Management OR Brand management OR Introduction to Corporate Finance. None of these courses is required, but recommended.

Teaching material

Mandatory tools for the course

- Computer

Documents in all formats


- Case studies/texts

Moodle platform


- Coaching/mentoring

Software

No items in this list have been checked.

Additional electronic platforms

No items in this list have been checked.

Recommended reading


Best, R. (any year of publication), Market-Based Management. Pearson Grant, R. (any yeat of publication), Contemporary Strategy


No reading material has been provided.

EM Research: Be sure to mobilize at least one resource

Textbooks, case studies, translated material, etc. can be entered
No reading material has been provided.

Assessment

List of assessment methods

Final evaluationLast class
Written (30 Min.) / Group / English / Weight : 50 %
Details : Teams' results at the end of the business simulation
Final evaluationLast class
Written and oral (30 Min.) / Group / English / Weight : 50 %
Details : Team final presentation and/or report
No assessment methods have been attributed to this course yet.