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Overview
Strategic Marketing: Decision Making and Planning sets a framework for marketing decision making as a part of a holistic approach to an organisation’s strategic management. It integrates expanded theoretical coverage with a step-by-step guide to each stage of the strategy development and management processes.
Written for those involved in the processes of developing and implementing marketing strategies, the book emphasises the role of marketing as an organisation-wide process rather than as a stand-alone organisational function. The framework provides for decision-making processes that are made both within and outside of formal strategic-planning processes.
Students progress through the text in the MindTap Reader by following its highly regarded strategic marketing plan project, building the plan chapter by chapter through exercises and activities, after reading the theory and examples.
Featuring four new 'You Make the Decision' activities in MindTap, this local, digital-only resource is packed with practical applications and engaging elements for students, while providing flexibility for flipped, blended or wholly online delivery. The same five companies are featured in traditional full-text cases, with discussion questions, in the Instructor’s Manual.
Strategic Marketing: Decision Making and Planning, 5e is available only on the MindTap platform.
- 'You make the decision' branching activities take students through strategic planning with incremental feedback
- NEW chapter on ethics (Ch.12 Ethical considerations in strategy planning)
- Additional strategic planning models and tools, including experience curve, BCG matrix
- 'Writing the report' activity is interactive in MindTap
- Chapter-opening vignettes with 'What do you think?' polling questions prime the students for learning by introducing them to some of the key marketing strategy concepts covered in each chapter and create opportunities for students to read the vignette, consider the type of strategy they would use and compare their thoughts with their peers
- 'Strategy in practice' cases take students through an actual company and show them how the text concepts work in a real business. These cases draw on a diverse range of organisations and issues to develop practical problem-solving skills
- 'Debate the ethics' forum develops skills in discussion and thinking critically with other students
- 'Build your marketing plan' project provides a real-world experience in a flexible, course-integrated way that gives students experience thinking through and building out a marketing plan. The process of creating a marketing plan provides a framework that stimulates thinking and provides a strategic direction
- 'You make the decision' cases act as a summative opportunity, aiding students to make real-world decisions and experience the results of their actions. These are at the end of each part and help students connect concepts from multiple chapters
- With the Cengage Mobile app, students can access their full course eBook on their smartphone or tablet to complete reading assignments anywhere, anytime. They can take notes, highlight important passages and have their text read aloud, whether online or off
1 The Changing World of Marketing
2 Strategic Thinking and Strategic Decision Making
Part 2 Identifying Strategic Opportunities
3 Strategic Analysis + Appendix
Part 3 Strategy Development – high-level decision making
4 Strategy Development - High-Level Decision Making
5 Segmentation, Targeting and Positioning Strategies
6 The Customer Value Creation Mix - Digital Strategies
Part 4 Strategy development – product-market strategies
7 Market Penetration Strategies
8 Incremental Innovation Strategies
9 Market Development Strategies
10 Radical Innovation Strategies
Part 5 Managing the strategic marketing process
11 Strategy implementation, evaluation and control
12 Ethical considerations in strategy planning
13 The strategic marketing report