To promote students’ understanding of the importance of an integrated management information system in supporting marketing decisions
To promote development and understanding of appropriate marketing information system (MKIS) structures by applying basic concepts
To explore the importance of forecasting in the planning and budgetary process and to equip students with the requisite forecasting methods and tools
To develop knowledge and understanding of marketing research tools and methods and to promote application of marketing research information in solving marketing problems.
To promote understanding of the role of information and communication technology in generating, storing, retrieving and communicating management information for marketing decision making
COURSE CONTENT
Management Information Systems
Basic concepts: Data and information
Importance of information in supporting marketing decisions
Component parts of management information systems (MIS)
Improvements in MIS and MKIS
Information and Communication technology
Use of technology in data acquisition, processing, analysis and evaluation
Technology supporting marketing decisions
Use of technology in improving the effectiveness of marketing processes
ICT’s role in influencing and changing customer relationships
Database management
Technological developments
Marketing Research Process
Marketing research and market research
Marketing research and marketing intelligence
Nature and scope of marketing research
Use of consultants versus in-house research
Primary and secondary data sources
Research approaches: survey, experimentation, and observation
Contact methods: personal interview, telephone interview and postal questionnaire
Sampling concepts and designs
Specific marketing research techniques: group discussions, focus groups, shopping mail interview, and consumer panels
Application of marketing research in various areas of marketing