ADV1621 Business Strategy and EconomicsBahçeşehir UniversityDegree Programs ADVERTISINGGeneral Information For StudentsDiploma SupplementErasmus Policy StatementBologna CommissionNational Qualifications
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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.

The teaching methods to be used are as follows;
Lecture: Explaining course topics to students.
Reading: Students reading course materials.
Case Study: Students analyze case studies related to business and economic behavior.

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
Attendance 14 % 10
Homework Assignments 1 % 20
Midterms 1 % 30
Final 1 % 40
Total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
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 prepare students to become communication professionals by focusing on strategic thinking, professional writing, ethical practices, and the innovative use of both traditional and new media 5
2) To be able to explain and define problems related to the relationship between facts and phenomena in areas such as Advertising, Persuasive Communication, and Brand Management 3
3) To critically discuss and interpret theories, concepts, methods, tools, and ideas in the field of advertising 3
4) To be able to follow and interpret innovations in the field of advertising 2
5) To demonstrate a scientific perspective in line with the topics they are curious about in the field. 2
6) To address and solve the needs and problems of the field through the developed scientific perspective 2
7) To recognize and understand all the dynamics within the field of advertising 3
8) To analyze and develop solutions to problems encountered in the practical field of advertising 3