Students

MKTG307 – Sales Management

2014 – S2 Evening

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff Lecturer in Charge
Stephen Erichsen
Contact via stephen.erichsen@mq.edu.au
Monday 3.30pm - 4.00pm by appointment
Unit Convenor
Scott Koslow
Contact via scott.koslow@mq.edu.au
Credit points Credit points
3
Prerequisites Prerequisites
(STAT122 or STAT170 or STAT171 or PSY122) and 6cp at 200 level including (MKTG202 or MKTG203 or MKTG204 or MKTG208 or MKTG210 or MKTG213 or BBA203 or BBA213)
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description
This unit involves organising and planning the company's overall selling efforts and integrating these efforts with other elements of the firm's marketing strategy. It also includes the selecting of appropriate sales personnel, and designing and implementing policies and procedures that will direct their efforts towards the firm's desired objectives. The final part of the unit involves developing procedures for monitoring and evaluating sales force performance so that adjustments can be made to either the sales program or its implementation.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To enable students to grasp the true value of selling as a critical corporate function;Throughout the course, the emphasis is on the practical processes as used in the modern business: identifying needs, building the appropriate team, analysing results and using it as the basis of your decision making.
  • To give students an understanding of the role of selling and sales management as part of the daily operation of all organisations.
  • To gain an insight into the various sales methodologies that an organisation may employ.
  • To review the role of the account manager/salesperson.
  • To analyse the sales team structure and how to build, train and manage that team.

Assessment Tasks

Name Weighting Due
Class Presentation 15% Weeks 3- 5
Individual Assignment 25% Week 8
Group Assignment 30% Week 12
Final Exam 30% University Exam Period

Class Presentation

Due: Weeks 3- 5
Weighting: 15%

Students will be required to give class presentations during the semester. No notes or palm cards may be used. There will be a timetable provided allocating the week that you will present in the tutorials.


On successful completion you will be able to:
  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To give students an understanding of the role of selling and sales management as part of the daily operation of all organisations.
  • To analyse the sales team structure and how to build, train and manage that team.

Individual Assignment

Due: Week 8
Weighting: 25%

Your assignment must be submitted to Turnitin; details will be provided with the Assignment Topic.

No extensions will be granted. Late tasks will be accepted up to 72 hours after the submission deadline.  There will be a deduction of 20% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 40% penalty). This penalty does not apply for cases in which an application for special consideration is made and approved.


On successful completion you will be able to:
  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To enable students to grasp the true value of selling as a critical corporate function;Throughout the course, the emphasis is on the practical processes as used in the modern business: identifying needs, building the appropriate team, analysing results and using it as the basis of your decision making.
  • To gain an insight into the various sales methodologies that an organisation may employ.
  • To analyse the sales team structure and how to build, train and manage that team.

Group Assignment

Due: Week 12
Weighting: 30%

Students will be organised into syndicate teams. This is a group exercise – all members of the group are expected to contribute actively and substantially. Some members of the group may provide more input in the research area whereas others may do more of the actual written presentation. The group will be required to acknowledge that all group members have given quality time to the project. Your groups will be organised in class.  The topics will be distributed in class in Week 6 – your responses and presentations will be required in your tutorial in Week 12. Your assignment must be submitted to Turnitin; details will be provided with the Assignment Topic.

No extensions will be granted.  Students who have not submitted the task prior to the deadline will be awarded a mark of 0 for the task, except for cases in which an application for disruption of studies is made and approved.


On successful completion you will be able to:
  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To gain an insight into the various sales methodologies that an organisation may employ.
  • To review the role of the account manager/salesperson.

Final Exam

Due: University Exam Period
Weighting: 30%

A 2 Hour final examination will be provided. The format of the exam is likely to include a combination of Multiple Choice Questions, Short Answer Questions and Extended Answer Questionsand will be focused on the concepts presented in the text and the lectures.


On successful completion you will be able to:
  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To enable students to grasp the true value of selling as a critical corporate function;Throughout the course, the emphasis is on the practical processes as used in the modern business: identifying needs, building the appropriate team, analysing results and using it as the basis of your decision making.
  • To give students an understanding of the role of selling and sales management as part of the daily operation of all organisations.
  • To review the role of the account manager/salesperson.
  • To analyse the sales team structure and how to build, train and manage that team.

Delivery and Resources

Classes

 Lectures will be held on Monday evening from 6.00pm to 8.00pm on the dates listed herein. All students will attend their lecture and the tutorial they are enrolled in on a weekly basis. Delivery of this course  will include a combination of powerpoint slides, videos, class discussions, brief field exercises and guest speakers.

 Required and Recommended texts and/or materials

 Required Text:         Sales Management – Shaping Future Sales Leaders

                                             Tanner, Honeycutt, Erffmeyer 2009  Pearson

 Available at the Co-op Bookshop.  You will need to purchase or have access to the text throughout the semester:

 Unit web page

 We will use the iLearn system for provision and exchange of information during the semester. http://ilearn.mq.edu.au All class material will be posted on the specific subject page on Ilearn.

Additional Technology

No specific technolgy other than access to a computer throughout the semester is required, however submitted work must use recent versions of Microsoft Office products such as Word and PowerPoint.

The timetable for attendance can be found at the University web site at: http://www.timetables.mq.edu.au

Attendance will be taken in the tutorials.

 

 

Unit Schedule

Week

Day / Date

Lecture Topic

Required Reading

Tutorial Activity

1

4th August

Introduction to Sales Management

Chapter 1

 

No tutorial

2

11th August

Sales Functions

Leadership

Chapters 2 & 3

Structure, Expectations and Group Formation

3

18th August

Ethics

Chapter 4

Leadership Styles and Successes

Individual Assignment Allocated

4

25th August

B2B & CRM

Leveraging IT

Chapters 5 & 6

 

Presentations

 

5

1st September

Designing the Sales Force

Recruitment

Chapters 7 & 8

Negotiation Skills 1 Role Plays

6

8th September

Sales Training

Supervising & Managing

 

Chapters 9 & 10

Negotiation Skills 2 Role Plays

Group Assignment allocated on iLearn

7

15th September

Goal Setting & Performance

Chapter 11

 

Industry Reviews for Group Assignment

Semester Break

8

6th October

No Class – Public Holiday

 

Personal Assignment due on Turnitin & BESS

9

13th October

Motivation & Rewards

Chapter12

Motivation at different career stages

10

20th October

Customer Information

 

Chapter 13

Question based selling

11

27th October

Evaluating Sales Performance

 

Chapter 14

 

Remuneration Analysis

 

12

3rd November

Cultural Forces

 

Chapter 15

 

Group Assignment due

Group Presentations

13

10th November

Course Review & Exam Prep

 

Group Presentations

       
Please Note: Individual presentations will be conducted throughout Weeks 3-11 in your tutorials. You will be advised on iLearn when you will be presenting.        
         
         
         
         
         
         
         
         
         
         
         
         
         

 

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:

Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html

Assessment Policy  http://mq.edu.au/policy/docs/assessment/policy.html

Grading Policy http://mq.edu.au/policy/docs/grading/policy.html

Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html

Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html

Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.

In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

Learning Skills

Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.

Student Services and Support

Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.

Student Enquiries

For all student enquiries, visit Student Connect at ask.mq.edu.au

IT Help

For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/

When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.

Graduate Capabilities

Discipline Specific Knowledge and Skills

Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.

This graduate capability is supported by:

Learning outcomes

  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To enable students to grasp the true value of selling as a critical corporate function;Throughout the course, the emphasis is on the practical processes as used in the modern business: identifying needs, building the appropriate team, analysing results and using it as the basis of your decision making.
  • To give students an understanding of the role of selling and sales management as part of the daily operation of all organisations.
  • To gain an insight into the various sales methodologies that an organisation may employ.
  • To review the role of the account manager/salesperson.
  • To analyse the sales team structure and how to build, train and manage that team.

Assessment tasks

  • Class Presentation
  • Individual Assignment
  • Group Assignment
  • Final Exam

Critical, Analytical and Integrative Thinking

We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.

This graduate capability is supported by:

Learning outcomes

  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To enable students to grasp the true value of selling as a critical corporate function;Throughout the course, the emphasis is on the practical processes as used in the modern business: identifying needs, building the appropriate team, analysing results and using it as the basis of your decision making.
  • To give students an understanding of the role of selling and sales management as part of the daily operation of all organisations.
  • To analyse the sales team structure and how to build, train and manage that team.

Assessment tasks

  • Individual Assignment
  • Group Assignment
  • Final Exam

Problem Solving and Research Capability

Our graduates should be capable of researching; of analysing, and interpreting and assessing data and information in various forms; of drawing connections across fields of knowledge; and they should be able to relate their knowledge to complex situations at work or in the world, in order to diagnose and solve problems. We want them to have the confidence to take the initiative in doing so, within an awareness of their own limitations.

This graduate capability is supported by:

Learning outcomes

  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To gain an insight into the various sales methodologies that an organisation may employ.
  • To review the role of the account manager/salesperson.
  • To analyse the sales team structure and how to build, train and manage that team.

Assessment tasks

  • Class Presentation
  • Individual Assignment
  • Group Assignment

Effective Communication

We want to develop in our students the ability to communicate and convey their views in forms effective with different audiences. We want our graduates to take with them the capability to read, listen, question, gather and evaluate information resources in a variety of formats, assess, write clearly, speak effectively, and to use visual communication and communication technologies as appropriate.

This graduate capability is supported by:

Learning outcomes

  • The objective of this unit is to provide an understanding of the responsibilities of management in achieving company strategies through professional and effective sales management techniques. This will include the variant requirements that service and manufacturing organisations have and their impact on sales team make up and effectiveness. The specific outcomes of the unit are set out but cover these main topics: • Understanding selling • Account Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and Motivating a Sales Team • Managing and Delivering Compensation Programs
  • To give students an understanding of the role of selling and sales management as part of the daily operation of all organisations.

Assessment tasks

  • Class Presentation
  • Group Assignment
  • Final Exam

Changes from Previous Offering

There are two changes from the most recent delivery of this unit in Semester 1 2013. The Class Presentations replace the previously required Case Study. The value of the Group Assignment has increased to 30% from 20%, at the same time the Final Exam has reduced from 40% to 30%.

Research and Practice

Sales management is an exciting and cutting edge research field. Students will be exposed to the most recent thinking on the subject via lectures, readings and assessments.