Online Course Guide of WHU –

Find all modules and courses of our degree programs.

Please use the filters below to select the term (spring or fall) as well as the respective program (BSc, MSc, MBA, Exchange, Doctoral) of your choice for an overview of all modules offered at WHU. The courses are listed under the modules. Please click on a module to see which courses are part of it. If you would like to find out more about a certain course, click on the name of the course to see detail information. The location of the lecture will be reveiled after your course registration on myWHUstudies.

Spring term counts from January - August, fall term counts from September - December.

Important for Exchange Students: As the Full-Time and Part-Time MBA Programs utilize a modular course structure, the dates on which students begin and end the exchange are flexible. Please find here a chronological overview of the preliminary course offering for Spring and Fall.

Spring 2019  ›  Bachelor of Science  ›  Bachelor of Science - 2nd Semester  ›  Marketing & Sales

Foundations of Marketing, Group C

Learning objectives The course provides basic concepts and strategies of the core marketing concepts. The course also provides the central marketing instruments, such as, for example, regression analysis (session 3), calculation of the customer lifetime value (session 6), qualitative price differentiation (session 7) as well as discrete choice experiments (session 9).

Course Code:
MKT202
Lecturers:
Prof. Dr. Christian Schlereth
Course Type:
BSc Course
Week Hours:
2,0
Term:
Spring 2019
Language:
Englisch
Credits:
3.0
(Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.)
Relevance of the course
"There is only one valid definition of business: to create a customer (?) Marketing is the unique and defining function of the enterprise", wrote Peter Drucker, the best-known management thinker in 1954. At this time unsaturated seller markets changed into saturated buyer markets - and remained until today. Today's companies' focus on customer needs and customer benefits has been the central success factor of the corporate management. The implementation of a market-oriented management led to a rise of the marketing division within the company.

Learning objectives
The course provides basic concepts and the vocabulary of the marketing strategy as well as the product and customer management.

Course content
" Introduction to marketing and misconceptions (session 1)
" Strategic marketing (session 2)
" Buying behavior theory: ECONS vs. HUMANS (session 3+4)
" Market research (session 5)
" Customer centric marketing (session 6)
" Pricing policy (session 7)
" Product policy (session 8+9)
" Guest lecture to improve knowledge of prior sessions (session 10)
" Distribution and communication policy (session 11)
" Exercise course (session 12)
Date
Time
08:00 AM till 11:15 AM
Tuesday, 16/04/2019
08:00 AM till 11:15 AM
- Fundamental understanding of Marketing in a broader sense

- Profound knowledge on setting the 4Ps

- The use of regression analysis to support business decisions

- Customer centricity

Will be announced in class
60 points of grading will begiven by exam (60 minutes). During the 6 week lecture additional 30 points will be given by assignments and can be finished at home.
This course is based on the knowledge of the BSc-course "Foundations of sales management (Grundlagen des Vertriebs)".These two courses form the exam module "Foundations of marketing and sales".
90