ADV1621 Business Strategy and EconomicsBahçeşehir UniversityDegree Programs ADVERTISINGGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ADVERTISING
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ADV1621 Business Strategy and Economics Fall 3 0 3 5

Basic information

Language of instruction: English
Type of course: Must Course
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Instructor HAKKI PINAR KILIÇ
Course Lecturer(s): Instructor HAKKI PINAR KILIÇ
Recommended Optional Program Components: None
Course Objectives: This course is intended to familiarize the students with the basic ground rules of the business life and economics. Basic emphasis will be given how a company works and how a company reaches its goals. Also it will include how a strategy of a company is formed, how a company is positioned in its environment and how the demand is analyzed. This course will contribute students to evaluate basic market structures, supply and demand, production process, input markets, decisions about market power, and market failure in capitalist economies. It is also aimed to establish a basic level of economics knowledge to understand the basic tools of micro and macroeconomic analysis and the behavior of households, firms and government by applying them.

Learning Outcomes

The students who have succeeded in this course;
At the end of this course you will be able to:
1. To analyze customers, markets, competitors, environment, and internal
2. To create advantage
3. To develop value propositions
4. To grow the business
5. To create strategy in tough times
6. Using internet to engage customers
7. To familiarize with the basic economic concepts

Course Content

This course includes topics of supply and demand analysis, customer, competitor and market analysis and related business strategies.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction
2) Basic economy
3) Basic economy 2
4) Customer analysis
5) Competitive analysis
6) Market and submarket analysis
7) Environmental Analysis and Strategic Uncertainty
8) Midterm
9) Creating Advantage and Synergy
10) Alternative Value Propositions
11) Building and Managing Brand Equity
12) Energizing the Business Leveraging the Business Creating New Business
13) Global Strategies Setting Priorities for Business and Brands
14) Review

Sources

Course Notes / Textbooks:
References: 1. Strategic Market Management, Global Perspectives
David Aaker, Damien McLoughlin
John Wiley & Sons

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Project 2 % 20
Midterms 1 % 30
Final 1 % 50
Total % 100
PERCENTAGE OF SEMESTER WORK % 30
PERCENTAGE OF FINAL WORK % 70
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 13 3 39
Study Hours Out of Class 13 5 65
Project 2 8 16
Midterms 1 4 4
Final 1 4 4
Total Workload 128

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) To be able to apply theoretical concepts related to mass communication, consumer behavior, psychology, persuasion,sociology, marketing, and other related fields to understand how advertising and brand communication works in a free-market economy. 4
2) To be able to critically discuss and interpret theories, concepts, methods, tools and ideas in the field of advertising. 3
3) To be able to research, create, design, write, and present an advertising campaign and brand strategies of their own creation and compete for an account as they would at an advertising agency. 4
4) To be able to analyze primary and secondary research data for a variety of products and services. 4
5) To be able to develop an understanding of the history of advertising as it relates to the emergence of mass media outlets and the importance of advertising in the marketplace. 4
6) To be able to follow developments, techniques, methods, as well as research in advertising field; and to be able to communicate with international colleagues in a foreign language. (“European Language Portfolio Global Scale”, Level B1) 4
7) To be able to take responsibility in an individual capacity or as a team in generating solutions to unexpected problems that arise during implementation process in the Advertising field. 1
8) To be able to understand how advertising works in a global economy, taking into account cultural, societal, political, and economic differences that exist across countries and cultures. 3
9) To be able to approach the dynamics of the field with an integrated perspective, with creative and critical thinking, develop original and creative strategies. 5
10) To be able to to create strategic advertisements for print, broadcast, online and other media, as well as how to integrate a campaign idea across several media categories in a culturally diverse marketplace. 4
11) To be able to use computer software required by the discipline and to possess advanced-level computing and IT skills. (“European Computer Driving Licence”, Advanced Level) 1
12) To be able to identify and meet the demands of learning requirements. 4
13) To be able to develop an understanding and appreciation of the core ethical principles of the advertising profession. 4