Marketing and Management. In ESRM 320, we explore two
of
the four primary business dimensions: marketing and human resource
management
(companion course ESRM 321 explores finance and accounting). Marketing
refers to
promoting, pricing, and distributing new and existing products and services
that
are aimed at satisfying consumers’ wants, needs, and objectives. Human
resource
management refers to developing, managing, and motivating human capital and
resources.
Sustainability. Refers to integrating environmental,
social, and financial elements in order to meet the needs of people today
without compromising Earth’s capacity to provide for future generations. We
will
explore the meaning and importance of sustainable business practices that
respect and adhere to best environmental science methods and ethical social
responsibility standards. The context for this exploration will be reviewing
corporate sustainability reports.
Learning Objectives (at the end of this course, students should be able to do the following):
Learning Objectives (at the end of this course, students should be able to do the following):
- Explain the vocabulary, concepts, and models of marketing, human resources, and sustainability
- Summarize how a market orientation and commitment to sustainability can enhance customer and employee satisfaction
- Describe how consumer markets are segmented, targeted, and products positioned to satisfy individual, government, and business consumers’ wants and needs
- Compare techniques for creating value-added products, services, and ideas; valuing environmental and social externalities and managing traditional pricing; developing distribution strategies and “greening” the supply chain; and creating and implementing promotion campaigns
- Define managerial and leadership styles and theories of motivation, persuasion, and influence
- Summarize the human resource process of recruiting, interviewing, hiring, training, motivating, and evaluating employees
- Describe sustainability reporting and the GRI indicators for measuring sustainability performance
- Assess real world sustainability performance using corporate sustainability reports and GRI indicators
- Analyze and interpret sustainability performance data
- Learn how to use Excel spreadsheets