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Master of Business Administration (Marketing & Sales)

Programme Code: MMS

STRATEGIC MANAGEMENT

Course Code: MMSGM 20301 Credit Units: 04

Course Objective:The objective of this course is to develop an understanding of:• The integrative role of all areas of management in business.• The prescriptive and descriptive ideas of theorist’s practitioners and researchers in the field.• The principles of management and their relevance in business.• The methods and techniques of strategic choice and strategic implementation over different industries• Measurement of performance in various business and effect of strategies• Difference between traditional and contemporary business management

Course Contents:

Module I: IntroductionConcept of Planning, Evolution of Strategic Management, Corporate Strategy, Patterns of Strategy Development, Levels of Strategy, Competitive scope and value chain

Module II: Strategic AnalysisMission, Vision and Business Definition, Environmental Threat and Opportunity Profile (ETOP), Industry

Analysis, Strategic Advantage Profile (SAP), Competitor analysis, market analysis, environmental analysis and dealing with uncertainty, scenario analysis and SWOT Analysis.

Module III: Strategic ChoiceTraditional Approach - Strategic Alternatives, Various models like BCG, GE Nine Cell Matrix, Hofer’s Model, Strickland’s Grand Strategy Selection Matrix, Basis of Choice; Michael Porter’s Approach - Generic competitive strategies, Cost advantage, differentiation, technology and competitive advantage, substitution, competitor, complementary products and competitive advantage, strategic vision vs. strategic opportunism, Coevolving and patching.

Module IV: Offensive and Defensive Competitive StrategiesIndustry scenarios, advantages and disadvantages of defensive strategies, advantages and disadvantages of offensive strategies.

Module V: Strategic ImplementationOperationalizing Strategy, Institutionalizing Strategy, Strategic Control, Balanced Scorecard – Concepts and applications in strategy implementation.

Examination Scheme:

Components P-1 C-1 CT-1 EEWeightage (%) 10 10 20 60

Text & References:

Text:• Azhar Kazmi, Business Policy and Strategic Management, 2nd Edition, Tata McGraw Hill.• Kaplan Robert & Norton David P., 2001, Strategic Focused Organization, 1st Ed., Harvard Business School

Press.

References:• Pearce John A & Robinson R B, 1977, Strategic Management: Strategy Formulation and Implementation,

3rd Ed., A.I.T.B.S. Publishers & Distributors.• Aaker David, Strategic Market Management, 8th Ed., John Wiley and Sons• Regular reading of all latest Business Journals: HBR, Strategist, Business World, Business India, Business

Today.• Porter Michael, Competitive Advantage: Creating and sustaining superior performance, Free press.• Thomson & Strickland, Business Policy and Strategic Management, 14th Ed., Tata Mc Graw Hill

MANAGERIAL COMPETENCIES AND CAREER DEVELOPMENT

Course Code: MMSGM 20302 Non Credit CourseCourse Objective:In this course, students will actively learn and practice job-related skills vital to becoming a successful manager in contemporary organizations. Class sessions will consist of diverse exercises, self-assessments, role plays, etc., which help students’ evaluate and develop their skills. It will help the students to perform well at an acceptable entry level in each skill area; and better interact with other students, faculty, alumni and industry professionals.

Course Contents:

Module I: Introduction to Managerial CompetenciesBusiness Service Performance Management and Future Managers, managerial Competencies. Values for managerial effectiveness and competencies in career development. Individual career goals and action plan.

Module II: Identification of Career Opportunities in Various IndustriesIndustry scenario and identifying career opportunities. Key position competencies at entry level in different industries and growth prospects. Career Recruitment / selection processes in various industries and companies.

Module III: Career Development ProcessDiagnostic instruments. Steps in career Development, Career Counseling. Seeking, giving and receiving face-to-face feedback. Strategies for improving managerial competencies. Opportunities and tactics for developing managerial competencies.

Module IV: Developing Skills for Career ProspectsHow to succeed in interviews, Mock interviews and GDs. Special focus areas. Career Clusters, Role of Mentor in career development. Importance of Entrepreneurial and leaderrship skills in career development.

Module V: Enhancing Learning through Experience SharingExperience sharing of successful industry professionals, entrepreneurs, alumni and career specialists.

Examination Scheme:

Components P1 C1 CT1 EE1Weightage (%) 10 10 20 60

Text & References:

• Kolb, Osland, & Rubin, 1995, Organizational Behaviour, Prentice Hall• Greenhaus, Career Management, 2004, Thompson Learning, India, New Delhi

SUMMER INTERNSHIP

Course Code: MMSSI 20350 Credit Units: 09

There are certain phases of every Intern’s professional development that cannot be effectively taught in the academic environment. These facets can only be learned through direct, on-the-job experience working with successful professionals and experts in the field. The internship programme can best be described as an attempt to institutionalize efforts to bridge the gap between the professional world and the academic institutions. Entire effort in internship is in terms of extending the program of education and evaluation beyond the classroom of a university or institution. The educational process in the internship course seeks out and focuses attention on many latent attributes, which do not surface in the normal class room situations. These attributes are intellectual ability, professional judgment and decision making ability, inter-disciplinary approach, skills for data handling, ability in written and oral presentation, sense of responsibility etc.

In order to achieve these objectives, each student will maintain and submit a file (Internship File) and a report (Internship Report).

INTERNSHIP FILEThe Internship File aims to encourage students to keep a personal record of their learning and achievements throughout the Programme. It can be used as the basis for lifelong learning and for job applications. Items can be drawn from activities completed in the course modules and from the workplace to demonstrate learning and personal development.

The File will assess the student’s analytical skills and ability to present supportive evidence, whilst demonstrating understanding of their organization, its needs and his/her own personal contribution to the organization.

The File is essentially a comprehensive documentation of how one proceeds while working on the assignment and should be regularly checked by the faculty guide/ supervisor, issues discussed with the students, doubts if any clarified and signed as having done so. This will form the basis of continuous evaluation of the project.

The File will include five sections in the order described below.

1. The Title Page – An Internship Experience Report For (Your Name), name of internship organization, name of the Supervisor/Guide and his/her designation, date started and completed, and number of credits for which the report is submitted.

2. Table of Content – An outline of the contents of the file by topics and subtopics with the page number and location of each section.

3. Introduction – Short, but should include how and why you obtained the internship experience position and the relationship it has to your academic/professional and career goals.

4. Main Body – Should include a brief summary/ executive summary of the Internship Project Report that the student has worked on, an analysis of the company/organization in which the student is working, a personal review of the student’s management skills and how they have been developed through the programme, the daily tasks performed, major projects contributed to, dates and hours spent on a task, observations and feelings, meetings attended and their purposes, listing of tools and materials and their suppliers, and photographs if possible of projects, buildings and co-workers.

5. Appendices – Include pamphlets, forms, charts, brochures, technical and descriptive literature, graphs and other information related to your Internship experience.

INTERNSHIP REPORT The Internship Report is the research report that the student has to prepare on the project assigned by the organization. (Incase a student is not assigned a specific research project in the organization, he has to select any one aspect of the organization and prepare a research report on it). The lay out of the report should be as per the standard layout prescribed by the organization wherein the student undertakes the Internship. In case, there is no layout prescribed by the organization the following components should be included in the report:

Title or Cover Page The title page should contain Project Title; Student’s Name; Programme; Year and Semester and Name of the Faculty Guide.

Acknowledgements Acknowledgment to any advisory or financial assistance received in the course of work may be given. It is incomplete without student’s signature.

AbstractA good "Abstract" should be straight to the point; not too descriptive but fully informative. First paragraph should state what was accomplished with regard to the objectives. The abstract does not have to be an entire summary of the project, but rather a concise summary of the scope and results of the project. It should not exceed more than 1000 words.

Table of ContentsTitles and subtitles are to correspond exactly with those in the text.

IntroductionHere a brief introduction to the problem that is central to the project and an outline of the structure of the rest of the report should be provided. The introduction should aim to catch the imagination of the reader, so excessive details should be avoided.

Materials and MethodsThis section should aim at experimental designs, materials used (wherever applicable). Methodology should be mentioned in details including modifications undertaken, if any. It includes organization site(s), sample, instruments used with its validation, procedures followed and precautions.

Results and DiscussionPresent results, discuss and compare these with those from other workers, etc. In writing this section, emphasis should be laid on what has been performed and achieved in the course of the work, rather than discuss in detail what is readily available in text books. Avoid abrupt changes in contents from section to section and maintain a lucid flow throughout the thesis. An opening and closing paragraph in every chapter could be included to aid in smooth flow.

Note that in writing the various secions, all figures and tables should as far as possible be next to the associated text, in the same orientation as the main text, numbered, and given appropriate titles or captions. All major equations should also be numbered and unless it is really necessary, do not write in “point” form.

While presenting the results, write at length about the the various statistical tools used in the data interpretation. The result interpretation should be simple but full of data and statistical analysis. This data interpretation should be in congruence with the written objectives and the inferences should be drawn on data and not on impression. Avoid writing straight forward conclusion rather, it should lead to generalization of data on the chosen sample.

Results and its discussion should be supporting/contradicting with the previous research work in the given area. Usually one should not use more than two researches in either case of supporing or contradicting the present case of research.

Conclusion(s) & RecommendationsA conclusion should be the final section in which the outcome of the work is mentioned briefly.Check that your work answers the following questions:• Did the research project meet its aims (check back to introduction for stated aims)?• What are the main findings of the research?• Are there any recommendations?• Do you have any conclusion on the research process itself?

Implications for Future ResearchThis should bring out further prospects for the study either thrown open by the present work or with the purpose of making it more comprehensive.

AppendicesThe Appendices contain material which is of interest to the reader but not an integral part of the thesis and any problem that have arisen that may be useful to document for future reference.

ReferencesReferences should include papers, books etc. referred to in the body of the report. These should be written in the alphabetical order of the author's surname. The titles of journals preferably should not be abbreviated; if they are, abbreviations must comply with an internationally recognised system.

ExamplesFor research article

Voravuthikunchai SP, Lortheeranuwat A, Ninrprom T, Popaya W, Pongpaichit S, Supawita T. (2002) Antibacterial activity of Thai medicinal plants against enterohaemorrhagic Escherichia coli O157: H7. Clin Microbiol Infect, 8 (suppl 1): 116–117.For bookKowalski,M.(1976) Transduction of effectiveness in Rhizobium meliloti. SYMBIOTIC NITROGEN FIXATION PLANTS (editor P.S. Nutman IBP), 7: 63-67

The Layout Guidelines for the Internship File & Internship Report

• A4 size Paper• Font: Arial (10 points) or Times New Roman (12 points) • Line spacing: 1.5 • Top and bottom margins: 1 inch/ 2.5 cm; left and right margins: 1.25 inches/ 3 cm

Examination Scheme:

Continuous Evaluation by faculty guide 15%Continuous evaluation by CRC 15%Feedback from industry guide 35%Report, Presentation & Viva Voce 35%

TOTAL 100%

BUSINESS COMMUNICATION - III

Course Code: MMSBS 20301 Credit Units: 01

Course Objective: ‘Actions speak louder than words.’ Every business communicator needs to understand the nuances of ‘body language and voice.’ This course is designed to enable the young Amitian to decipher the relevance of Kinesics, Proxemics and Para Language that cater to the fundamental requirements of effective business presentations and speeches.

Course Contents:

Module I: Non - Verbal Communication Principles of non- verbal communicationKinesicsProxemicsParalanguage and visible code

Module II: Speaking SkillsPronunciation drills (Neutralizing regional pulls)Conversational EnglishGuidelines to an effective presentation

Module III: Interviews and GDs

Note: 1 written test of 20 marks of one hour duration will be conducted. Also, each student will be required to make a presentation for 20 marks over and above the teaching hours. They will have to be programmed accordingly.

Text & References: • Business Communication, Raman – Prakash, Oxford• Business Communication for Managers: An Advanced Approach, Penrose, Thomson• Business Communication, Krizan, Thomson• Understanding Human Communication,9/e, Adler R Oxford

BEHAVIOURAL SCIENCE - III(LEADING THROUGH TEAMS)


Course Objective:This course aims to enable students to:Understand the concept and building of teamsManage conflict and stress within teamFacilitate better team management and organizational effectiveness through universal human values.

Course Contents:

Module I: Teams: An Overview Team Design Features: team vs. groupEffective Team Mission and VisionLife Cycle of a Project TeamRationale of a Team, Goal Analysis and Team Roles

Module II: Team & Sociometry Patterns of Interaction in a TeamSociometry: Method of studying attractions and repulsions in groupsConstruction of sociogram for studying interpersonal relations in a Team

Module III: Team Building Types and Development of Team Building Stages of team growthTeam performance curveProfiling your Team: Internal & External DynamicsTeam Strategies for organizational visionTeam communication

Module IV: Team Leadership & Conflict ManagementLeadership styles in organizationsSelf Authorized team leadershipCauses of team conflictConflict management strategiesStress and Coping in teams

Module V: Global Teams and Universal Values Management by values Pragmatic spirituality in life and organizationBuilding global teams through universal human values Learning based on project work on Scriptures like Ramayana, Mahabharata, Gita etc.

Module VI: End-of-Semester Appraisal Viva based on personal journalAssessment of Behavioural change as a result of trainingExit Level Rating by Self and Observer

Text & References:

• Organizational Behaviour, Davis, K.• Hoover, Judhith D. Effective Small Group and Team Communication, 2002,Harcourt College Publishers• LaFasto and Larson: When Teams Work Best, 2001, Response Books (Sage), New Delhi • Dick, Mc Cann & Margerison, Charles: Team Management, 1992 Edition, Viva books • J William Pfeiffer (ed.) Theories and Models in Applied Behavioural Science, Vol 2, Group (1996); Pfeiffer

& Company• Smither Robert D.; The Psychology of Work and Human Performance, 1994, Harper Collins College

Publishers

GERMAN - III

Course Code: MMSGR 20301 Credit Units: 02

Course Objective: To enable the students to converse, read and write in the language with the help of the basic rules of grammar, which will later help them to strengthen their language. To give the students an insight into the culture, geography, political situation and economic opportunities available in Germany

Course Contents:

Module I: Modal verbsModal verbs with conjugations and usageImparting the finer nuances of the language

Module II: Information about Germany (ongoing)Information about Germany in the form of presentations or “Referat”– neighbors, states and capitals, important cities and towns and characteristic features of the same, and also a few other topics related to Germany.

Module III: Dative caseDative case, comparison with accusative caseDative case with the relevant articlesIntroduction to 3 different kinds of sentences – nominative, accusative and dative

Module IV: Dative personal pronouns Nominative, accusative and dative pronouns in comparison

Module V: Dative prepositions Dative preposition with their usage both theoretical and figurative use

Module VI: DialoguesIn the Restaurant, At the Tourist Information Office,A telephone conversation

Module VII: Directions Names of the directions Asking and telling the directions with the help of a roadmap

Module VIII: ConjunctionsTo assimilate the knowledge of the conjunctions learnt indirectly so far

Examination Scheme:

Components CT-1 CT-2 H-1 + V-1 EEIWeightage (%) 15 15 10 60

Text & References:

• Wolfgang Hieber, Lernziel Deutsch• Hans-Heinrich Wangler, Sprachkurs Deutsch• Schulz Griesbach, Deutsche Sprachlehre für Ausländer• P.L Aneja, Deutsch Interessant- 1, 2 & 3• Rosa-Maria Dallapiazza et al, Tangram Aktuell A1/1, 2• Braun, Nieder, Schmöe, Deutsch als Fremdsprache 1A, Grundkurs

ADVANCED SALES MANAGEMENT Code:MMSMK 20301 Credit Units: 03 Course Objective:

In the fast changing, dynamic marketing environment of 21st century, the role of salesperson has changed from being seller of products and service to a solution provider. Today, sales manager are looked upon as corporate team leaders who are able to manage sales across multiple channel formats. They are expected to coordinate sales and distribution functions in order to achieve the goals of their organizations.

This advanced sales management program is meant to acquaint the aspiring sales managers with theories, concepts, techniques and practices related to sales in this era of higher customer orientation of businesses.

• To introduce students to the concepts and theories of Advanced sales Management• To develop an understanding of important selling skills such as Negotiation and Problem Solving..• To help understand the various facets of the role of a sales manager.

Course Contents:

Module I: Nature, role and importance of Sales Management Evolution of Sales Management to modern day, Nature and importance of Sales Management, Emerging trends in Sales Management, Selling Situations and Selling Skills, Negotiation & Problem Solving

Module II: Managing Sales Information & ProcessStrategic Planning for Sales, Forecasting Marketing Demand, Forecasting Approaches, Buying Situations and the Sales Process

Module III: Management of Sales Territories and Sales Quotas Sales Territories –size & design, Sales Quota –Type, Method & Problem

Module IV: Organising & Staffing SalesforceSize of the Salesforce, Planning the Recruitment, Selection of a Salesperson

Module V: Training, Motivation & Compensation of Salesforce Managing the Sales Training Process, Motivating the Salesforce, Compensating the Salesforce, Controlling & Evaluating the Salesforce

Module VI: Emerging Trends in Advanced Selling Integrating Sales with Other functions of Management, The Ten Commandments of Effective selling, Making and Retaining Customers for Lifetime, Latest emerging trends and practices to be discussed.

Examination Scheme:

Components Group Project Surprise Quiz (2) Class Test ETEWeightage (%) 10 10 20 60

Text & References:

Text:• Sales Management By Tanner , Honeycutt, Erffmeyer , Pearson Education

References:• Sales Management-E Cundiff and N Govini 5th Edition. Prentice Hall of India.• Sales and Distribution Management- Tapan Panda and Sunil Sahadev, Oxford, 2007• Smart Selling, Christopher Power.• What makes a good salesman, David Mayer and H M Greenberg.• Management of Sales force, Stanton, Bursnick and Spiro• Sales and Distribution Management-KK Havaldar and VM Cavale,2008. T M Hill

ADVERTISING AND SALES PROMOTION

Course Code: MMSMK 20302 Credit Units: 03

Course Objective:To familiarize students with advertising concepts and strategies, the methods and tools used. Enabling them to develop advertising strategies and plans and to develop the judgment parameters required in product management, to evaluate advertising.

Course Contents:

Module I: Advertising IntroductionAdvertising defined – Nature, Scope, Types & Limitations of Advertising.Role of advertising in Marketing Mix.Advertising as industry.Advertising agencies – Client Agency relationships

Module II: Setting Advertising Domain Setting Advertising objectives, Sales as an advertising objectives, DAGMAR Approach. Setting advertising budgets – Methods and factors, advertising and positioning. Process of developing Ad Campaign.

Module III: Creative and Media StrategyCreative Strategy, Message designing – Style, Tone, Theme & Appeal. Developing story board and finalizing message structure, format, content.Media strategy – Factors of Media, types & levels of media planning. Process of Media planning.

Module IV: Advertising Evaluation Pretest – Types of various Pretest Methods.Post-test – Various Tools & Applications.

Module V: Sales Promotion Concepts, Nature, Benefits and Limitation of Sales Promotion.Types of sales Promotion Tools – Dealer Promotion , Consumer promotion and sales incentives.Developing Sales Promotion Campaign.

Module VI: Emerging Trends Integrating the concepts with other functions of Management Live project to be undertaken starting with conception of idea to final execution.Case studies Latest emerging trends and practices.

Examination Scheme:


Text & References:

Text:• David Aaker, Advertising Management, Myers and Batra

References:• Magazines, A&M, Brand Equity, Business World• Wright, Winter, Ziegler, Advertising• David Ogilvy, Trout and Ries, Advertising• Sandage, Fryburger, Ratroll, Advertising Theory & Practice• SL Gupta, Advertising & Sales promotion, S Chand Publication.

INDUSTRIAL MARKETING


Course Objective:To understand how marketing for industrial good is different from the traditional marketing. To be aware of the success stories and failures in Industrial Marketing.

Course Contents:

Module IEnvironment of industrial and consumer marketing, profile of an industrial buyer, industrial and consumer marketing, organizational buying process and organizational buying behaviour, commercial and institutional buying, Bidding, tendering, channel behaviour, industrial establishment. OEM and impact on pricing policies.

Module IIThe strategic perspective in industrial marketing, the GE matrix, Michael Porter’s generic options theory, economies of scale Vs economies of scope. Case Discussion.

Module IIIBuyer seller interactions, sales culture overshadowing the marketing culture, interactive transactions, organizational buying environment, individual Vs group decision making and buying center influences. Assessing the market reach, fragmented markets and their implications.

Module IVIndustrial marketing communications, advertising, publicity, sales promotion possibilities, the role of exhibitions and domestic and international contacts, the marketing intelligence, role of MIS and DSS and evaluating the marketing strategies and performances.

Examination Scheme:


Text & References:

Text:• M. Hill, Ralph S Alexander and James C Cross, Industrial Marketing by Richard.

References:• Michael D Hutt and Thomas W Speh, Industrial Marketing Management: A strategic view of business

markets • Newspapers- Economic Times, Business Standard, Financial Express, Brand Equity.• Magazines- Advertising and Marketing, Business World, Business India.

SERVICES MARKETING Course Code: MMSMK 20304 Credit Units: 03

Course Objective:Ever after the postindustrial era, services have grown immensely owing to the dynamic technical, economic, political, social and competitive environment. The understanding of the concepts of services is very critical as they now form the backbone of a healthy organization.The course aims to introduce the concepts of services and marketing of services. To draw a clear distinction between products and services and further make the students understand the complexities involved in handling services. Course Contents: Module I: Overview of servicesConcept of Services, services environment, Service models, classification of service industry, Growth of service industries, Characteristics of services: The 4 I’s of services, Classification of services. Module IIManaging knowledge in a service firm (Marketing research). Buying behaviour of the service consumer family life cycle and services consumptions. Multi attribute model to understand consumer attitudes. Module III: Marketing Mix for ServicesProduct, Price of services, service channels and distribution, developing the service communication mix. Physical Evidence and process in services: service-scapes, the service delivery process. Service blueprint components.

Module IV: Customer Retention through CRMUnderstanding customer expectations, Fundamentals of customer satisfaction, Understanding customer service, Monitoring and measuring customer satisfaction, Customer Retention: Complaint Handling and Service Recovery, Customer Loyalty. Life time value of customer Module V: Service Quality: Assessment and improvement of service deliveryDefinition and measurement of customer satisfaction. Definition and measurement of service quality. GAP model, SERVQUAL.Impact of technology in enhancing service competitiveness Examination Scheme:


Text & References: Text: • C Bhattacharjee: Services Marketing, Excel Books References: • Lovelock, Christopher & Wirtz Jochen, 2004, Services Marketing, Pearson Education • Woodruffle, Helen, Services Marketing, Macmilan Publishing• Kertz, David L, & Clow, Kenneth. E, 2004, Services Marketing, Biztantra Publishers

RURAL AND AGRICULTURAL MARKETING


Course Objective:To understand how is marketing done in rural India. To be aware of the success stories and failures in rural Indian Marketing.

Course Contents:

Module IRural marketing an overview, principles of marketing as relevant to rural marketing changing concept of marketing, profiles of urban/ customers and differences in their characteristics.

Module IIFeatures of rural markets/ infrastructure, products and services in the rural markets and channels of distribution and trade management.

Module IIITransportation and communication, advertising and sales promotion strategies for rural marketing and characteristics of pricing in rural markets for different products and factors influencing.

Module IVMarketing objectives, sales target strategies, organizing for rural marketing and new product launch techniques for rural markets.

Module VMarketing strategies, policy, sales management practices training, motivation and Examination.

Module VIRural Market research and market information system and a glimpse of the future of rural marketing.

Module VIICase Studies: ITC eChaupal, HLL Project Shakti, Sagar, DCM Haryali

Examination Scheme:


Text & References:

Text:• Pradeep Kashyap & Siddhartha Raut, The Rural Marketing Book, , Biztantra

References:• TP Gopalaswamy, Rural Marketing, • Newspapers- Economic Times, Business Standard, Financial Express, Brand Equity.• Magazines- Advertising and Marketing, Business World, Business India

ENTREPRENEURSHIP AND NEW VENTURES

Course Code: MMSEL20306 Credit Units: 03

Course Objective:The course will help the students to acquaint with the special challenges of starting new ventures, introducing new product and service ideas.

Course Contents:

Module I: Concept of an entrepreneur and EntrepreneurshipThe entrepreneur’s role, task and personality, A typology of entrepreneurs: Defining survival and success, Entrepreneurship as a style of management, The entrepreneurial venture and the entrepreneurial organization

Module II: Setting New VentureMaking business Plan, Cost Benefit Analysis, Feasibility Analysis, Report Writing for business

Module II: Choosing a direction, opportunity recognition and entry strategiesNew product, Franchising, Sponsorship and Acquisition, The strategic window of opportunity: scanning, positioning and analyzing, Intellectual Property creation and protection.

Module III: Gaining commitmentGathering the resources, the business plan as an entrepreneurial tool, Financial Projections and planning, Debt, venture capital and other forms of financing, Sources of external support, Developing entrepreneurial marketing: Competencies, networks and frameworks

Module IV: Closing the window: sustaining competitivenessMaintaining competitive advantage, The changing role of the entrepreneur: mid career dilemmas, Harvesting Strategies versus Go for Growth.

Examination Scheme:

Component codes P1 C1 CT1 EE1Weightage (%) 10 10 20 60

Text & References:

Text:• Lynne Milgram - Managing Smart, Prentice Hall.

References:• Allen, Foster – Entrepreneurship for Dummies, IDG Books Worldwide.• Burton and Bragg – Accounting and Finance for your Small Business, John Wiley and Sons, New York• Cook Michelle & Cook Curtis - Competitive Intelligence, Kogan Page.• Peter Krass – Book on Entrepreneur’s Wisdom, John Wiley.• West Chris - Competitive Intelligence, Polgrave Publications.

MANAGEMENT IN ACTION - SOCIAL, ECONOMIC AND ETHICAL ISSUES

Course Code: MMSGM 20401 Credit Units: 04

Course Objective:The course aims at bringing the students closer to reality by developing their understanding of the professional prerequisites to practice of management in terms of required skills and attitude to respond proactively to rapid discontinuous change in business environment. Integrative in approach, this course aims at developing not theoreticians but practitioners who are expected to sense the ongoing conflict between environmental change and internal desire of management for stability.

Course Contents:

Module I: IntroductionModern Management Practices and Issues Involved, Outsourcing Management Services and Evolution of Management Consultancy, Skills-set required for Management Consultants, Consulting and performance, counseling

Module II: The Process of Management ConsultingConsulting Proposals, Identification and Definition of Problem, Fact-Finding Leading to Solution Development and Implementation, Developing Strategic and Tactical Plans and Subcontracting, Pricing of Consultancy, Acquiring and Developing Talents for Consulting

Module III: In-house Management versus Management OutsourcedWhy a Sense of Skepticism and Unease Towards Management Consultants, Cost versus Value of Advice, Separating Consulting Success from Consulting, Disaster. Some Revealing Situations

Module IV: Cross Cultural Management Systems and ProcessesTypes of organizational culture, Strength of organizational culture, Function of organizational culture,

Importance of culture to the organization, Cultural Models, Cross- Cultural Perspectives, Geert Hofstede and Cross- Cultural Issues

Module V: Economic and Social Issues in ManagementAdaptation to Changing Environment in General and Economic Environment in Particular, Economic Growth and Change Areas, Emerging Opportunities in Various Sectors including Social Sector, Management Practice and Cultural Issues, The global Political Situation, The Global Competitive Environment and the internal scene in India, War Game.

Module VI: Ethical Issues in ManagementRelationship among Various Stakeholders, Reasons for Conflict of Interests Among Stakeholders, Corporate Governance and Ethics. Why Unethical Decisions Leading to Conflicts are Taken, Power and Politics, Initiatives on Corporate Governance by the Governments.

Examination Scheme:

Components C CT EEWeightage (%) 20 20 60

Text & References:

Text:• Bareus S.W. &Wilkinson J.W., 1994, Management Consulting Services, McGraw Hill, 2nd Edition.

References:• Cadbury, Sir Adrian, “Ethical Managers Make Their Own rules”. Harvard Business Review, 65, September

/ October 1987.• Cogner, Jay A, David Finegold and Edward E Lawler III, ‘appraising Boardroom Performance. Harvard

Business Review, January-February 1998.• Drucker, Peter F. “Managing the Future: The 1990s and Beyond”. Dutton 1992• Kumar Mangalam Birla Committee Report on Corporate Governance – “Legislation alone is not enough”,

“activating adult committees”. “Shareholder – friendly steps” - The Hindu, October 10, 1999.

• Parekh, Deepak S, “The Real Meaning of Corporate Governance”. Indian Management, August 1999.• Paine, Lynn Sharp, “Managing Organizational Integrity”. Harvard Business Review, March – April 1994.• Salmon W.J. “Crises Prevention’s; How to Gear up Your Board”. Harvard Business Review, January-

February 1993, pp 68-75.• Sodarn, Dr. Kailash, “Transparency in Corporate Governance”, Indian Management Vol. 38, No.10.

October 1999.• Cadbury, Sir Adrian, “The Company Chairman”, Director Books, Simon Schuster International Group

1990.• Eccles, R.G. and Crane, D.B. 1995, Doing Deals: Investment Banks at Work, McGraw Hill International• James O-Shea, Dangerous Company, NB

MANAGERIAL EXCELLENCE

Course Code: MMSGM 20402 Non Credit Course

Course Objective: To help the students of Business Management believe in excellence and create an environment that cultivates the same. It aims at focusing on the basics and establishes a flexible strategic direction with a team-based organizational concept as they work to advance their team and their department. This course is designed to provide hands on experience for professional success. This common sense approach combining self-examination surveys, class exercises, practical exposure and team work is applicable. The main area to provide the practical exposure include small activities to a mega event such as guest lectures, industry visits, placements, seminars, conferences, management competitions, corporate meet, alumni meet, publications etc. The course will be delivered as under:Class room 20%Practical 80%

Course Contents:

Module I: Introduction to ExcellenceSelf-evaluation, Definition of Excellence, Cultivating the Attitude &Developing the Habit for achieving excellence

Module II: Excellence for Everyone & Excellence for Everything Recognizing the Qualities, Excellence for Everything: External vs. Internal, Obstacles to Excellence, Excellence Ethics, Professional Characteristics]Module III: Achieving ExcellenceInstilling Excellence, Managing Excellence, Rewarding Excellence

Module IV: Excellence IndicatorsTypes of Indicators, Building Models, Distinguishing Characteristics

Module V: Applying ExcellenceApplication of Excellence, Practical Steps, Self-evaluation of achievements

Examination Scheme:

Components P1 C1 CT1 EE1Weightage (%) 10 50 20 20

Text & References:

• English, Gary, ‘Phoenix without the ashes: achieving organization .Excellence through common sense Management’ CRC Press.

DISSERTATION

Course Code: MMSDI 20460 Credit Units: 09

The aim of the dissertation is to provide you with an opportunity to further your intellectual and personal development in your chosen field by undertaking a significant practical unit of activity, having an educational value at a level commensurate with the award of your degree

The dissertation can be defined as a scholarly inquiry into a problem or issues, involving a systematic approach to gathering and analysis of information / data, leading to production of a structured report.

Selecting the Dissertation TopicIt is usual to give you some discretion in the choice of topic for the dissertation and the approach to be adopted. You will need to ensure that your dissertation is related to your field of specialization.

Deciding this is often the most difficult part of the dissertation process, and perhaps, you have been thinking of a topic for some time.

It is important to distinguish here between ‘dissertation topic’ and ‘dissertation title’. The topic is the specific area that you wish to investigate. The title may not be decided until the dissertation has been written so as to reflect its content properly.

Few restrictions are placed on the choice of the topic. Normally we would expect it to be:• relevant to business, defined broadly;• related to one or more of the subjects or areas of study within the core program and specialisation stream;• clearly focused so as to facilitate an in-depth approach, subject to the availability of adequate sources of

information and to your own knowledge;• of value and interest to you and your personal and professional development.

Planning the DissertationThis will entail following:• Selecting a topic for investigation.• Establishing the precise focus of your study by deciding on the aims and objectives of the dissertation, or

formulating questions to be investigated. Consider very carefully what is worth investigating and its feasibility.

• Drawing up initial dissertation outlines considering the aims and objectives of the dissertation. Workout various stages of dissertation

• Devising a timetable to ensure that all stages of dissertation are completed in time. The timetable should include writing of the dissertation and regular meetings with your dissertation guide.

The Dissertation plan or outlineIt is recommended that you should have a dissertation plan to guide you right from the outset. Essentially, the dissertation plan is an outline of what you intend to do, chapter wise and therefore should reflect the aims and objectives of your dissertation.

There are several reasons for having a dissertation plan• It provides a focus to your thoughts.• It provides your faculty-guide with an opportunity, at an early stage of your work, to make constructive

comments and help guide the direction of your research.• The writing of a plan is the first formal stage of the writing process, and therefore helps build up your

confidence. • In many ways, the plan encourages you to come to terms with the reading, thinking and writing in a

systematic and integrated way, with plenty of time left for changes. • Finally, the dissertation plan generally provides a revision point in the development of your dissertation

report in order to allow appropriate changes in the scope and even direction of your work as it progresses.

Keeping recordsThis includes the following:

• Making a note of everything you read; including those discarded.• Ensuring that when recording sources, author’s name and initials, date of publication, title, place of

publication and publisher are included. (You may consider starting a card index or database from the outset). Making an accurate note of all quotations at the time you read them.

• Make clear what is a direct a direct quotation and what is your paraphrase.Dissertation formatAll students must follow the following rules in submitting their dissertation.• Front page should provide title, author, Name of degree/diploma and the date of submission.• Second page should be the table of contents giving page references for each chapter and section.• The next page should be the table of appendices, graphs and tables giving titles and page references.• Next to follow should be a synopsis or abstract of the dissertation (approximately 500 words) titled:

Executive Summary• Next is the ‘acknowledgements’.• Chapter I should be a general introduction, giving the background to the dissertation, the objectives of the

dissertation, the rationale for the dissertation, the plan, methodological issues and problems. The limitations of the dissertation should also be hinted in this chapter.

• Other chapters will constitute the body of the dissertation. The number of chapters and their sequence will usually vary depending on, among others, on a critical review of the previous relevant work relating to your major findings, a discussion of their implications, and conclusions, possibly with a suggestion of the direction of future research on the area.

• After this concluding chapter, you should give a list of all the references you have used. These should be cross - references with your text. For articles from journals, the following details are required e.g.

Draper P and Pandyal K. 1991, The Investment Trust Discount Revisited, Journal of Business Finance and Accounting, Vol18, No6, Nov, pp 791-832.

For books, the following details are required:Levi, M. 1996, International Financial Management, Prentice Hall, New York, 3rd Ed, 1996

• Finally, you should give any appendices. These should only include relevant statistical data or material that cannot be fitted into the above categories.

The Layout Guidelines for the Dissertation• A4 size Paper• Font: Arial (10 points) or Times New Roman (12 points) • Line spacing: 1.5 • Top and bottom margins: 1 inch/ 2.5 cm; left and right margins: 1.25 inches/ 3 cm

Guidelines for the Assessment of the DissertationWhile evaluating the dissertation, faculty guide will consider the following aspects:

1. Has the student made a clear statement of the objective or objective(s).2. If there is more than one objective, do these constitute parts of a whole? 3. Has the student developed an appropriate analytical framework for addressing the problem at hand.4. Is this based on up-to-date developments in the topic area?5. Has the student collected information / data suitable to the frameworks?6. Are the techniques employed by the student to analyse the data / information appropriate and relevant?7. Has the student succeeded in drawing conclusion form the analysis?8. Do the conclusions relate well to the objectives of the project?9. Has the student been regular in his work?10. Layout of the written report.

Examination Scheme:

Contents & Layout of the Report 30Conceptual Framework 10Objectives & Methodology 15Implications & Conclusions 15Viva/ Presentations 30

TOTAL 100

BUSINESS COMMUNICATION - IV


Course Objective: The influx of multinationals, FDIs and Retail Management makes global communication a harsh reality and offers cultural communication challenges. This course is designed to inculcate transcultural communication skills among the young Amitians.

Course Contents:

Module I: Importance of Culture in Communication Principles of effective cross cultural communicationDeveloping Communication Competence

Module II: Barriers to effective communicationSender, Receiver and Situation related barriersMeasures to overcome the barriersListening skills

Module III: Cross cultural communicationCharacteristics of cultureSocial differencesContextual differencesNonverbal differencesEthnocentrism

Note: 1 written test of 20 marks of one hour duration will be conducted. Also, each student will be required to make a presentation for 20 marks over and above the teaching hours. They will have to be programmed accordingly. Text & References: • Business Communication, Raman – Prakash, Oxford• Business Communication for Managers: An Advanced Approach, Penrose, Thomson• Understanding Human Communication, 9/e, Adler R Oxford

BEHAVIOURAL SCIENCE - IV(PERSONAL AND PROFESSIONAL EXCELLENCE)


Course Objective:This course aims at imparting an understanding of:Build and leverage your professional reputation Maintain focus in pressure situations Make a balanced choice between professional and personal commitments

Course Contents:

Module I: Individual, Society and NationIndividual Differences and Dimensions of PersonalitySocialization ProcessRelating to the Nation: Values, Culture, ReligionSense of pride and PatriotismManaging Diversity

Module II: Components of Excellence Personal Excellence: Identifying long-term choices and goals Uncovering the talent, strength & styleAnalyzing choke points in your personal processes by analysis in area of placements, events, seminars, conference, extracurricular activities, projects etc.Developing professional power: Goal-setting, time management, handling criticism, interruptions and time wasters

Module III: Career Planning Knowing one’s Interest and AptitudeIdentifying available ResourcesSetting goals to maintain focus: Developing Positive attributes in personalitySelf-reliance and Employability skills

Module IV: Stress Management for Healthy Living Meaning and Nature of StressStages of stressCauses and Consequences of stress: Personal, Organizational and EnvironmentalPersonal Styles and strategies of coping

Module V: Professional Success Building independence & interdependenceReducing resistance to changeContinued reflection (Placements, events, seminars, conferences, projects extracurricular Activities etc.)

Module VI: End-of-Semester Appraisal Viva based on personal journalAssessment of Behavioural change as a result of trainingExit Level Rating by Self and Observer

Text & References:

• J William Pfeiffer (ed.) Theories and Models in Applied Behavioural Science, Vol 2, Group (1996); Pfeiffer & Company

• Smither Robert D.; The Psychology of Work and Human Performance, 1994, Harper Collins College Publishers • Raman, A.T. (2003) Knowledge Management: A Resource Book. Excel Books, Delhi.• Kamalavijayan, D. (2005). Information and Knowledge Management. Macmillan India Ltd. Delhi

FRENCH - IV

Course Code: MMSFR 20401 Credit Units: 02

Course Objective: To strengthen the language of the students with both oral and writtenTo provide the students with the know-how• to master the tenses – present, past and future• to express emotion• to accomplish simple tasks of day-to-day programmes• to prepare résumé

Course Contents:

Unité 7: pp. 106

Rédiger un résumé (Cf. Campus 2 – P.6, Français.Com, Intermédiaire- p.98)Passer un entretien d’embauche. Français.Com, Intermédiaire – p.100

Contenu lexical: Unité 7: Tranches de vie1. évoquer un souvenir2. raconter une histoire3. rapporter des événements marquants d’une vie professionnelle4. expliquer une situation de stress, donner son avis5. faire des projets

Contenu grammatical: 1. formation de l’imparfait, chaque/chacun 2. emploi du passé composé et de l’imparfait 3. relatifs qui, que, où, mise en relief, indicateurs de temps : depuis, il y a, pendant, pour, en 4. pronom en de quantité, propositions complétives : je pense que…, je crois que … 5. futur simple, pronom y

Examination Scheme:

Components V H CT EEWeightage (%) 10 10 20 60

Text & References:

• le livre à suivre : Français.Com (Débutant)

GERMAN - IV

Course Code: MMSGR 20401 Credit Units: 02

Course Objective: To enable the students to converse, read and write in the language with the help of the basic rules of grammar, which will later help them to strengthen their language. To give the students an insight into the culture, geography, political situation and economic opportunities available in Germany.Introduction to Advanced Grammar Language and Professional Jargon

Course Contents:

Module I: Present perfect tensePresent perfect tense, usage and applicabilityUsage of this tense to indicate near pastUniversal applicability of this tense in German

Module II: Letter writingTo acquaint the students with the form of writing informal letters.

Module III: Interchanging prepositionsUsage of prepositions with both accusative and dative casesUsage of verbs fixed with prepositionsEmphasizing on the action and position factor

Module IV: Past tense Introduction to simple past tenseLearning the verb forms in past tenseMaking a list of all verbs in the past tense and the participle forms

Module V: Reading a Fairy TaleComprehension and narration RotkäppchenFroschprinzessinDie Fremdsprache

Module VI: Genitive caseGenitive case – Explain the concept of possession in genitive Mentioning the structure of weak nouns

Module VII: Genitive prepositions Discuss the genitive propositions and their usage: (während, wegen, statt, trotz)

Module VIII: Picture DescriptionFirstly recognize the persons or things in the picture and identify the situation depicted in the picture;Secondly answer questions of general meaning in context to the picture and also talk about the personal experiences which come to your mind upon seeing the picture.

Examination Scheme:

Components CT-1 CT-2 H-1 + V-1 EEIWeightage (%) 15 15 10 60

Text & References:

• Wolfgang Hieber, Lernziel Deutsch• Hans-Heinrich Wangler, Sprachkurs Deutsch• Schulz Griesbach, Deutsche Sprachlehre für Ausländer• P.L Aneja, Deutsch Interessant- 1, 2 & 3• Rosa-Maria Dallapiazza et al, Tangram Aktuell A1/1,2• Braun, Nieder, Schmöe, Deutsch als Fremdsprache 1A, Grundkurs

SPANISH - IV

Course Code: MMSSH 20401 Credit Units: 02

Course Objective:To enable students acquire working knowledge of the language; to give them vocabulary, grammar, voice modulations/intonations to handle everyday Spanish situations with ease.

Course Contents:

Module IRevision of earlier semester modulesIntroduction to Present Continuous Tense (Gerunds)

Module IITranslation with Present Continuous TenseIntroduction to Gustar, Parecer, Apetecer, doler

Module IIIImperatives (positive and negative commands of regular verbs)

Module IVCommercial/ business vocabulary

Module VSimple conversation with help of texts and vocabularyEn la recepcion del hotelEn el restauranteEn la agencia de viajesEn la tienda/supermercado

Examination Scheme:

Components C-1 CT V EEIWeightage (%) 10 20 10 60

Text & References:

• Español Sin Fronteras (Nivel – Elemental)

JAPANESE - IV

Course Code: MMSJP 20401 Credit Units: 02

Course Objective: To enable the students to comfortably interact using basic Japanese.Note: Teaching is done in roman as well as Japanese script, students will be taught katankana (another form of script) in this semester i.e. to be able to write all the foreign words in Japanese.

Course Contents:

Module I Comparison using adjectives, making requests

Module IISeeking permission

Module IIIPractice of conversations on:Visiting people, Party, Meetings, After work, At a ticket vending machine etc

Module IVEssays, writing formal letters

Learning Outcome Students can speak the language describing above-mentioned topics.

Methods of Private study /Self help Handouts, audio-aids, and self-do assignments, role-plays. Students are also encouraged to attend Japanese film festival and other such fairs and workshops organized in

the capital from time to time.

Examination Scheme:

Components C-1 CT V EEIWeightage (%) 10 20 10 60

Text & References:

Text: • Teach yourself Japanese

References: • Shin Nihongo no kiso 1

CHINESE – IV

Course Code: MMSCE 20401 Credit Units: 02

Course Objective:How many characters are there? The early Qing dynasty dictionary included nearly 50,000 characters the vast majority of which were rare accumulated characters over the centuries. An educate person in China can probably recognize around 6000 characters. The course aims at familiarizing the student with the basic aspects of speaking ability of Mandarin, the language of Mainland China. The course aims at training students in practical skills and nurturing them to interact with a Chinese person.

Course Contents:

Module IDialogue PracticeObserve picture and answer the questionPronunciation and intonationCharacter writing and stroke order.Electronic items

Module IITraveling – The Scenery is very beautifulWeather and climateGrammar question with – “bu shi …. Ma?”The construction “yao … le” (Used to indicate that an action is going to take place)Time words “yiqian”, “yiwai” (Before and after).The adverb “geng”.

Module IIIGoing to a friend house for a visit meeting his family and talking about their customs.Fallen sick and going to the Doctor, the doctor examines, takes temperature and writes prescription.Aspect particle “guo” shows that an action has happened some time in the past.Progressive aspect of an actin “zhengzai” Also the use if “zhe” with it.To welcome someone and to see off someone …. I cant go the airport to see you off… etc.

Module IVShipment. Is this the place to checking luggage?Basic dialogue on – Where do u work?Basic dialogue on – This is my addressBasic dialogue on – I understand ChineseBasic dialogue on – What job do u do?Basic dialogue on – What time is it now?

Module VBasic dialogue on – What day (date) is it today?Basic dialogue on – What is the weather like here.Basic dialogue on – Do u like Chinese food?Basic dialogue on – I am planning to go to China.

Examination Scheme:

Components V H CT EEWeightage (%) 10 10 20 60

Text & References:

• “Elementary Chinese Reader, Part-2” Lesson 31-38

CUSTOMER RELATIONSHIP MANAGEMENT


Course Objective:The course aims to help our student understand the concept and practice of CRM, thereby inculcating in them the “CRM MINDSET”, which in turn will enable them to occupy some of the positions like: Customer Care/ Customer Relationship Managers in various B 2 B and B 2 C organizations.To address these objectives, the course aims to:Enhance the understanding of various strategic and tactical approaches, tools and support systems that companies are implementing to develop effective relationship with key customers.• Develop Managerial insights into the role, value and prospects of CRM in the process of forming,

managing, measuring and enhancing customer relationships. • Provide Exposure to the Latest technologies used in CRM.

Course Contents:

Module 1: Introduction to CRM & Managing Key Customers Concept & Philosophy of CRM, Rationale and Benefits of CRM, Types of Customers, Definition of Key Account Management (KAM), Defining and selecting key accounts, Planning, organizing and implementing strategies for key account management,.

Module II: Relationship Marketing Evolution and Growth of R.M., Process , Programs and strategies for RM; Extending the concept of Relationship to achieve competitive advantage.

Module III: Customer Experience Marketing

Types of CRM, Types of Customer Experience, 5 Es of Experiential Marketing, A Framework for Experiential Marketing, Delivering Compelling Customer Experiences, EXQUAL-Instrument for measuring customers perception of ‘Experiential Quality’.

Module IV: Creating Customer Value through CRM Customer Value, Customer Life time Value: Concept and Measurement, Measuring Equity in Customer Relationships, CRM Metrices.

Module V: Customer Loyalty Through CRM Meaning of Customer Loyalty, Key issues in Customer Loyalty, Steps for Profitable Loyalty Building, Kick Starting the Loyalty Process, Loyalty towards Brand. Winning Strategies of Customer Loyalty, Creativity and Innovation in Customer Loyalty, Well established Customer Loyalty Practices based on Sectoral Classification. Creativity & Innovation in Customer Service, Strategic Customer Service, Linkage towards CRM.

Module V: CRM Strategies

Strategies for Customer Retention, Strategies for Service Recovery and Complaint Management, CRM Strategies for Key Relationship Management.

Module VI: CRM on Web & SoftwareeCRM and Portal, eCRM Feature, Requirement, Integration of Front End with back end implementation, Challenges in eCRM Software Implementation. Study of Different CRM Software,.

Examination Scheme:


Text & References:

Text:• Shajahan K, 2004, Relationship Marketing Text & Cases, Tata McGraw Hill, New Delhi• Dyche, Jill, 2004, A Business Guide To Customer Relationship Management, Pearson Education

References: • Lytle, John F, What Do Your Customers Really Want?, Excel Books • Pattanayak, Biswajeet & Niranjana, Phagu &Kumar, Tarun, Future Organization ,Excel Book• Ramana, V. Venkata & Somayajulu. G, Customer Relationship Management, Excel BooksThumpson, Harvey ,The Customer Centered Enterprise, McGraw Hill

RETAIL AND MALL MANAGEMENT


Course Objective:The primary objective of the course is to have students develop marketing competencies in retailing and retail consulting. The course is designed to prepare students for positions in the retail sector or positions in the retail divisions of consulting companies. The course can also benefit students interested in starting their own consulting firm. Students taking the course will develop a fundamental understanding of retailing and come away with a fundamental appreciation of the problems, constraints, and opportunities faced by retailers. Simultaneously, students taking the course will develop a fundamental understanding of retail consulting. This includes developing an understanding of the challenges and opportunities faced by professionals and companies in this sector of the consulting industry. Besides learning more about retailing and retail consulting, the course is designed to foster the development of the student’s critical and creative thinking skills.

Course Contents:

Module IDefine Retailing, Retail Scenario (Globally and in India), Growth of Retail Business / Outlets in India. Key Drivers of Retailing in India, Evolution of Retailing through the Four Gears, Organized Retailing in India, Retail Formats and their Characteristics viz. Location, space / layout, merchandise, Customer profile etc.Formats: Super market, Specialty Store, Departmental Store, The Plaza, The Mall, The emporium, The Bazaar, Stop-Over, Single Size Denomination, Kiosk

Module II: Store Planning, Design and LayoutStore Planning: Location Planning- High-Street Location, Destination/Free Standing Location, Shopping Centre/mall Location, Location Mapping, Location Parameters,-Site SelectionStore Design and the Retailing Image Mix: (employees, merchandise, fixtures, sound, odour, visual, type, density etc.), The Space mix: (Single goods, convenience goods, impulse purchase Merchandise), The Effective Retail Space Management: (Store Layout: the circulation path)

Module III: Store OperationsPOS (Point of Sale) / Cash Process, Customer Service and Accommodation, Retail Selling Process, Retail Floor and Shelf Management, Retail Accounting and Cash Management

Module IV: Information ManagementRetail Technology and Retail Automation, POS and Back-end Technologies, Merchandise Management Cycle, Merchandising and Buying and their effect on ROI, Marketing: Build Store Brand, Positioning for Differentiation, Retail Advertising, Sales Promotion, Direct Marketing CRM, etc.Warehousing and SCM: Vendor Management, Electronic Data Interchange, Warehouse Management, GRN, Inter-Transfer Note (ITN), Transportation, Value ChainVisual Merchandising and Displays: Planning the Visual Merchandising Theme and Creating Displays, Arranging Props and Displays, Arranging Display Fixtures and Lighting, Setting up Stores before Opening, Working with Floor Plans and Store Requirements, Training Personnel on Sales floor to create Displays, Organizing merchandising units such as Racks and ShelvingStrategic Store Planning and Project: (Store location assessment, design and layout, Construction and fit-up), Administration and Facilities, The Human Resource Factor, Some examples of Retail Stores viz. ARCUS, ANSAL PLAZA, LIFE-STYLE, SHOPPERS' STOP etc., Visit to some reputed Retail Stores/Outlets in around Delhi.

Module VDefining Shopping Mall, How Shopping Mall differs from other Retail Formats in characteristics such as Location, Space / Layout, Merchandise, Customer Profile, Niche conveniencesShopping Centre / Mall Location: Existing mall traffic, clean environment, designated parking area, Medium to high rental cost (Examples: DLF Mall in Delhi, Spencer Plaza in Chennai, and Crossroads in Mumbai)Strengths and Weaknesses of the Mall FormatLicenses and Permits for Mall Operations: (if applicable) Building / Scaffolding Permits, Busking Licences, Outdoor dining permits, Peaceful assembly / rally, Vehicle access permitsCharacteristics of typical Neighborhood, Community, and Regional types of U.S., Planned Shopping Centers/ Malls, Entertainment as Customer Value in Malls

Module VILessons from the experience of Crossroads in India: Define the target audience clearly, Be mindful of shopping basket, Plan the lay-out smartly, Setting the lease rental appropriately, Sensitive mall management,

Cater to the internal customer, Quasi- Mall - Is this the right format for India?, Stories of some great malls world-wide viz. DDF, Wal-Mart, etc., Visit to DLF Mall and City Center.

Module VII: Emerging Trends Integrating the concepts with other functions of Management Live project to be undertaken starting with conception of idea to final execution.Case studies Latest emerging trends and practices.

Examination Scheme:


Text & References:

• R Vedamani & Gibbson , Retail Management, Jaico publications • Patrick M & Robert Retailing, Thompson press • James & Ron Hasty, Retail, Tata Mc-Graw• Malcom, Retail Marketing, Thomson.• Images Retail magazine

DIRECT MARKETING


Course Objective:Direct marketing is quickly becoming an integral part of the marketing strategies of general marketing as well as the method of operation of traditional direct marketers. The course focuses on the marketing perspectives and technologies that are distinctly direct marketing and with the interrelationship of direct marketing with the general marketing field.

Course Contents:

Module I: Conceptual Framework of Direct MarketingBasics and scope of Direct Marketing, Objectives of Direct Marketing, Advantage & Disadvantage of Direct Marketing, Integrated Direct Marketing, Business, Strategic & Direct Marketing planning.

Module II: Analyzing & Encashing Marketing opportunities for Direct MarketingResearch design for direct marketers, The Customer Database: Analysis and Application, Consumer & Business mailing list, offer, Media of direct marketing- Magazines, Newspaper, TV/ Radio, Co-Ops, Telemarketing, Internet E-communications, Managing Direct Sales Force.

Module III: Managing the Creativity Process in Direct MarketingIntroducing Creative Practices and techniques, Direct Marketing Creativity, Basic Steps of Managing catalogue & print advertising, Innovation through Creativity & testing The Strategic drivers of Creative Practices.

Module IV: Direct Marketing into BusinessB to B Marketing, Making a lead generation programme, Overview of E-commerce.

Module V: Direct Marketing Implementation and ControlMarketing Intelligence- Modeling for business decision support, Mathematics tool for control in Direct marketing, Future of Direct Marketing.

Module VI: Emerging Trends Integrating the concepts with other functions of Management Live project to be undertaken starting with conception of idea to final execution.Case studies Latest emerging trends and practices.

Examination Scheme:


Text & References:

Text: • Bob stone & Ron Jacobs Successful Direct Marketing Methods Tata McGraw Hill.

References: • Nash, Edward L, Direct Marketing Hand Book, Tata McGraw Hill

MARKETING OF FINANCIAL SERVICES

Course Code: MMSMK-20404 Credit Units: 03

Course Objective:The course aims to help our student understand the concept and practice of Financial services in India. Financial Services is the fastest growing sector and offers the Maximum Opportunity of growth for Students

Course Contents:

Module 1 Management of financial services, understanding the financial products , Overview of various financial services in India

Module 2 Insurance-Meaning, advantages , various types of insurance, Financial planning process, Risk management –Strategy to cover risk ,introduction to IRDA, Marketing Channels & selling Strategies followed by insurance sector in India.

Module 3

Mutual funds-Meaning, history and current market scenario –Indian and global, Types of mutual funds, Debt funds and types of Debt schemes, Types of equity funds/Growth funds, concept of hybrid funds, Mutual funds Vs. Other investments, Fund Structure, Introduction to the role and responsibility of Assetmanagement company, Registrars, custodian, sales distribution channels.

Module 4 Retail bank products-Meaning of banking business, introduction to Various bank products Selling bank products ,concept of cross selling ,Impact of technology on bank marketing.

Module 5 Introduction to housing finance, Venture Capital Funds ,Merchant banking, Credit cards.

Module 6

Introduction to the Stock Market & Commodity Markets . There functioning.

Books for Reference:1. Marketing Financial services-Mary Ann Pezzullo2. Marketing of Financial services:V.A.Avdhani3. Financial services-MY Khan-(TaTa)

SERVICE OPERATIONS MANAGEMENT

Course Code: MMSMK 20405 Credit Units: 03 Course Objective:The objective of the course is to understand the growing significance and impact of services on the growth and economy and the scientific ways to run the operations so as to optimize the business and brand returns.

Course Contents:

Module I: Service as StrategyConcepts and understanding, Brand significance and impact on businesses Nature of services and service products, customer centric operations and building services for competitive advantage.

Module II: Building and Development of Service SystemsStandard and branded services, Technology impact, Design and development of service products and delivery systems. Human Resource in Services

Module III: Operating Service Systems Managing Demand and supply of services, Speed and quality of services, Total Quality Systems, Tools and techniques for total quality and continuous improvements, Management and controls, Productivity and performance measurements

Module IV: Service Business Model Service Business model understanding and significance. Service Value chain Outsourcing and its management, Service business and delivery network, connectivity and brand value creation through outsourced network

Module V: Building Customer LoyaltyUnderstanding and significance of customer loyalty. Creating loyal customers through services, Loyalty tracking, Customizing services, segmenting services, taking services to the doorsteps of customers.

Examination Scheme:


Text & References:

Text:• Gengiz Hakserver, Barry Rendes, Robert Russel & Robert Murdich, Service Management & Operations

References:• Rust, Zahorik & Keiningham, Service Marketing • Kenneth E. Clow & David L. Kurtz, Service Marketing

SUPPLY CHAIN COMPETITIVENESS


Course Objective:With increasing competition and lesser product differentiation, companies are focusing on supply chain management to achieve competitive advantage. The course aims to familiarize students of modern systems and procedures in supply chain management. Also, to develop their closer and better understanding of logistics activities & their criticality in managing efficient supply chain.

Use of information technology and internet will be highlighted so as to enable students to design supply chain for competitive advantage. Best practices in Supply Chain Management will be studied across industries with special focus on retailing sector.

Course Contents:

Module I: Supply Chain – Overview “Soil-to-dust”Concept of supply chain. Need & importance of integrated supply chain. Building blocks of supply chain network. , Supplier Network Development, Make-or-buy

Module II: Logistics Management SystemsConcept, Objectives & Scope, The System Elements, International Transportation Issues, Warehousing, Inventory Management, Packaging and Unitization Issues, Communication and Control, Centralized and Decentralized Logistic Management, Third Party Logistics (3PL), Multimodal Transport Operator (M.T.O.) Global Shipping.

Module III: Supply Chain – Management & Function From domestic to global supply chains, Demand Volatility, Bullwhip Effect, Vertical Integration Issues, Strategic, Operational & tactical decisions in supply chain management. Integrating the concepts with other functions of Management

Module IV: Supply Chain Performance & Design Performance measurement- techniques & tools, Sand Cone Model – importance & implementation. Information technology in managing supply chain. Issues influencing Supply chain design- logistical, management & product related, competition & technology related. Supply Chain optimization.

Module V: Best Practices in Supply Chain Management Benchmarking supply chain management. Manufacturing, warehouse or transportation practices. Technology, material handling & Outsourcing decisions. Global Standards. Supply Chains in various industries.

Module VI: Retial Supply Chain ManagementChallenges faced by Indian retail sector. FMCG & perishible product requirements. VMI, POS & EDI. Cross docking & warehousing issues. Reefers & the cold chain. Reverse logistics.

Live project to be undertaken starting with conception of idea to final execution.Case studies Latest emerging trends and practices.

Examination Scheme:


Text & References:

Text:• Supply Chain Management: Strategy, Planning, and Operation : Sunil Chopra and Peter Meindel,

Prentice Hall of India, 2002• Logistics and Supply Chain Management: G Raghuram, N Rangaraj

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