MKX3621 Advertising management Unit Guide Semester 1, 2011 The information contained in this unit guide is correct at time of publication. The University has the right to change any of the elements contained in this document at any time. Last updated: 27 Feb 2011 Table of Contents MKX3621 Advertising management - Semester 1, 2011........................................................................1 Chief Examiner:...............................................................................................................................1 Lecturer(s) / Leader(s):....................................................................................................................1 Caulfield...............................................................................................................................1 Tutor(s):.......................................................................................................................................................1 Caulfield...........................................................................................................................................1 Additional information:.................................................................................................................................1 Introduction..................................................................................................................................................2 Unit synopsis...............................................................................................................................................2 Learning outcomes......................................................................................................................................2 Contact hours..............................................................................................................................................2 Workload.....................................................................................................................................................2 Unit relationships.........................................................................................................................................3 Prerequisites....................................................................................................................................3 Teaching and learning method....................................................................................................................4 Timetable information......................................................................................................................4 Unit Schedule..................................................................................................................................4 Unit Resources............................................................................................................................................7 Prescribed text(s) and readings.......................................................................................................7 Recommended text(s) and readings................................................................................................7 Library resources.............................................................................................................................8 Blackboard (MUSO).........................................................................................................................8 Q Manual.........................................................................................................................................9 Assessment...............................................................................................................................................10 Assessment Summary...................................................................................................................10 Faculty assessment policy.............................................................................................................10 Hurdle requirements......................................................................................................................10 Second marking.............................................................................................................................10 Return of final marks......................................................................................................................10 Applications for extension of time..................................................................................................10 Additional assessment information................................................................................................10 Assessment tasks..........................................................................................................................11 Assessment task 1.........................................................................................................................11 Assessment task 2.........................................................................................................................15 Assessment task 3.........................................................................................................................17 Examinations.................................................................................................................................17 Examination 1................................................................................................................................17 Special consideration.....................................................................................................................18 Assessment criteria - grading descriptors table.............................................................................19 Appendix....................................................................................................................................................20 MKX3621 Advertising management - Semester 1, 2011 Chief Examiner: Dr Sandra Luxton (Semester 1) Dr Nives Zubcevic (Semester 2) Lecturer(s) / Leader(s): Caulfield Dr Nives Zubcevic Assistant Lecturer, Behavioural Lab Phone: +61 3 990 31552 Email: Nives.Zubcevic@monash.edu Location: Room 30A, Building S5, Caulfield Contact hours: by appointment Tutor(s): Caulfield Dr Nives Zubcevic Assistant Lecturer, Behavioural Lab Phone: +61 3 990 31552 Email: Nives.Zubcevic@monash.edu Location: Room 30A, Building S5, Caulfield Additional information: 1 Introduction Welcome to MKX3621 Advertising Management. The primary aim of this unit is to provide students with an understanding and appreciation of the issues faced by both client and advertising agency in maximising the effectiveness of advertising activity and expenditure. This unit builds on previous studies of marketing communication in which you explored the entire marketing communication mix from a management perspective. Advertising Management focuses on the strategic use of advertising and will provide you with a greater understanding of the advertising process and its management. This is of great relevance and benefit to those of you who are seeking a career in an agency or those who will be involved in advertising decision making from the client’s perspective. It will normally be taken in the final year of the degree. Unit synopsis This unit explores advertising management issues. Topics include: the structure and responsibilities of the advertising industry and its controls. Management of advertising within the agency and within the client and the relationship between these two parties. The issues faced by clients and their agencies in maximising the effectiveness of an advertising budget, including the choice of advertising research techniques, media developments, production and international advertising considerations. Learning outcomes The learning goals associated with this unit are to: explain the advertising management process within a client organisation, media group or an advertising agency 1. formulate an appropriate approach for the selection, evaluation, briefing and remuneration of an advertising agency 2. explain the various relationships within the agency/client/media roles3. critically evaluate creative concepts and executions4. critically assess ideas associated with advertising management issues.5. Contact hours 3 hours per week Workload Three hours class contact or equivalent per week. The total time commitment required for this unit is 156 hours. In addition to the 39 hours of class contact students are expected to devote an additional 117 hours during the semester to studying for this unit. This includes time spent in the preparing for and completing assessment tasks, together with time spent in general study, revision, and exam preparation. MKX3621 Advertising management - Semester 1, 2011 2 Unit relationships Prerequisites Students must have passed one of the following: MKF3461, MKW2211, MKG2460, MKW2460, MKW3461, or MKC3460 before undertaking this unit. MKX3621 Advertising management - Semester 1, 2011 3 Teaching and learning method This unit is delivered as a 3 hour class, divided in to 1.5 hour lecture and a 1.5 hour seminar tutorial. The lecture program is intended to introduce students to both the theoretical and practical applications of advertising management, in particular the need for exploring new structures for managing a more integrated marketing communication mix. Video material and practical examples illustrating the theoretical issues as well as guests from industry may also be utilised. The tutorial program will consist of seminar papers, class discussion/presentation, case study analysis, videos. Students will all be required to present a paper and lead the class discussion on their paper during the semester. Lecture materials will be provided each week via MUSO. This can be accessed via My Monash Portal.MUSO http://muso.monash.edu.au/webct/entryPage.dowebct NOTE: In week 7, you will be required to attend an agency visit to one of a number of Melbourne’s leading advertising agencies. This is a compulsory part of the program which will contribute to your Individual Assignment. It generally takes place in the evening, but is dependant upon the availability of the agency management team. Further detail will be provided in class. The remainder of the class time involves a seminar program which will consist of student presentation of Assignment Two seminar papers, class exercises and discussion, and case study analysis of ‘best practice’ in advertising. Timetable information For information on your timetable, including tutorial allocation if required, please refer to: http://allocate.its.monash.edu.au/ Unit Schedule Week Topic Student Contribution 1 Introduction to Advertising Management - content, organisation, assessment and expectations; Introduction to case review process 2 Ethics of advertising, social & legal constraints, politics of ethics Review seminar topics – to be allocated this week. Briefing for assignments (Folder & Case Book Submissions), and Case Review requirements for weekly submission. Discussion of Advertising Code of Ethics (students are required to access the code via the AANA website at http://www.aana.com.au/pdfs/AANACodeEthics.pdf Prepare written analysis of AFA case: Telstra BigPond – How a leader delivered outstanding results by out-thinking the challengers. Submit at MKX3621 Advertising management - Semester 1, 2011 4 end of class. 3 Organisation for advertising: Ad agencies – history, structure, constraints, new developments. Reflective ad folder Stage 1 due for review Prepare written analysis of AFA case: Amalgamated Holdings – Thredbo: a local campaign to weather the worst snow season of all time. Submit at end of class. 4 Account management – Interaction with clients Seminar Presentation Prepare written analysis of AFA case: Meat and Livestock Australia – How to embed a 'new' tradition into Australian culture. Submit at end of class. 5 Client management – Interaction with agencies Briefing for Agency Visits Seminar Presentation Prepare written analysis of AFA case: Football Federation Australia – The launch of the Hyundai A-League. Submit at end of class. 6 The Strategic Planning Function Seminar Presentation Prepare written analysis of AFA case: Diageo - Bundaberg Rum: from a cult regional drink to a national icon. Submit at end of class. 7 Agency Visits Agency visit – no tutorial 8 The Creative Resource. Evaluating Creative Seminar Presentation Agency Visits de-briefing Reflective ad folder Stage 2 due for review Prepare written analysis of AFA case: Sunbeam - Unleash the barista. Submit at end of class. Mid Semester Break 9 Issues in ad management: New media developments Seminar Presentation Prepare written analysis of AFA case: Lion Nathan Australia - Good as gold: How a long-term strategy about four mates and a dog paid big for XXXX Gold. Submit at end of class 10 Issues in ad management: Integrating research into the process Seminar presentation Reflective ad folder Stage 3 due – Final submission Prepare written analysis of AFA case: Skins - Skinning the competition. Submit at end of class. 11 Issues in ad management: Global perspective Seminar Presentation Prepare written analysis of AFA case: Seeing Eye Dogs - Replacing “Aww" with “Aha”: changing the traditional way to generate donations for Seeing Eye Dogs Australia. Submit at end of class. 12 Plenary Session Reflective Folder presentations & Feedback MKX3621 Advertising management - Semester 1, 2011 5 Seminar Presentation Prepare written analysis of AFA case: LynxJet - How planning got us all onboard. Submit at end of class. Students should note that the lecture and tutorial programs outlined above are a guide to the material to be covered in this unit and not a definitive statement of when that material will be covered. Specific details relating to the timing will be discussed in lectures and tutorials, and posted on MUSO unit website. MKX3621 Advertising management - Semester 1, 2011 6 Unit Resources Prescribed text(s) and readings Prescribed text(s) Cases from: Advertising Federation of Australia, “Effective Advertising”, 9th volume, Casebook of the AFA Awards. NOTE: You do NOT need to buy this book. The cases can be accessed via the WARC website. See http://www.lib.monash.edu.au/databases/w.html Each week a case study from this book will be reviewed in class. You are required to bring a copy of the relevant case along to each class, together with your prepared 1 page analysis of the case which is due for submission each week. The text is also available in the library and the bookshop may have some copies (or second hand copies will be available from the previous year). Websites: http://afa.org.au http://aana.com.au http://mediafederation.org.au In addition students are expected to read 1 journal article each week – see Lecture program Recommended text(s) and readings Any marketing communication textbook such as the following will provide appropriate revision of studies in this area which is a pre-requisite to undertaking this unit. Significant prior learning will be assumed. Belch & Belch, “Advertising and promotion: an integrated marketing communications perspective”, McGraw Hill, 2007 Duncan, T., “IMC – Using Advertising and promotion to Build Brands”, McGraw-Hill, 2005 Rossiter, J. & Percy, L. “Advertising Communications & Promotion Management”, McGraw-Hill, 1997 Shimp, T., A., “Advertising Promotion,” 7th Edition, Dryden, 2007 Other relevant books include: AFA casebooks vol. 1,2, 3, 4, 5, 6, 7 & 8. H. Gardner (1988) “The Advertising Agency Business”, NTC Business Books H. McKay, (1993) “Reinventing Australia”, Angus & Robertson N.J., Naples, (1979) “Effective Frequency” The Association of National Advertisers (US) D. Ogilvy (1983), “Ogilvy on Advertising”, Pan Original MKX3621 Advertising management - Semester 1, 2011 7 D. Ogilvy (1983), “Confessions of an Advertising Man” Ballantyne Books, New York R. Rothenberg (1995), “Where the Suckers Moon: The Life and Death of an Advertising Campaign”, Vintage, 1995. N. Shoebridge, (1992) “Great Australian Advertising Campaigns”, McGraw-Hill M. Sutherland, (1993) “Advertising and the Mind of the Consumer” Allen & Unwin Library resources The Monash University Library provides a range of services and resources that enable you to save time and be more efficient in your learning and research at URL: http://www.lib.monash.edu.au or via the Library tab in the my.monash portal. Blackboard (MUSO) All unit and lecture materials, plus other information of importance to students, are available through the MUSO (Monash University Studies Online) site. You can access MUSO via the My.Monash Portal: http://my.monash.edu.au • Under “Online Systems” click the MUSO hyperlink In order for your MUSO unit(s) to function correctly, your computer needs to be set up and certain programs may need to be installed such as a compatible Java version (eg version 1.5.0). This can easily be done by going to http://www.monash.edu.au/muso/support/students/browserset.html to update the relevant software. You can contact MUSO Support by: Jobdesk: http://jobdesk.monash.edu.au/login/index.cfm?jobdesk_id=14 Email: muso.support@calt.monash.edu.au Phone: (+61 3) 9903-1268 Operational hours (Monday – Thursday) – local time Australia: 8 am to 10 pm (8pm Non Teaching period) Malaysia: 6 am to 8 pm (6 pm Non Teaching period) South Africa: 11pm to 1pm (11 am Non Teaching period) Operational hours (Friday) – local time Australia: Australia: 8 am to 8 pm Malaysia: 6 am to 6 pm South Africa: 11pm to 11 am Operational hours (Saturday-Sunday) – local time (Teaching and Exam Period Only) Australia: 1 pm to 5 pm Malaysia: 11 am to 3 pm South Africa: 4 am to 8 am MKX3621 Advertising management - Semester 1, 2011 8 Further information can be obtained from the following site http://www.monash.edu.au/muso/support/index.html Q Manual You will often be directed to cite the source of the ideas, statistics, direct quotations and general information that you use to prepare your written assignments. This is important for a number of reasons: Firstly, it is good professional and ethical conduct to always give due credit to those people whose work you have borrowed. Secondly, it is an element of good communication to ensure that your readers can expand their understanding of your writing by accessing the same sources you have used to formulate your thoughts. Thirdly, all organisations, including your present or future employer, have written or understood rules of the behaviour that is valued in that organisation. These rules often include the ways that it communicates internally and externally. In the academic organisation the intellectual property of other researchers and writers is highly valued. Citing their work is a way of acknowledging their contribution to scholarship. The Q Manual shows you how to cite sources and list references correctly. Use it. For referencing, report writing structure: http://www.buseco.monash.edu.au/publications/qmanual/ MKX3621 Advertising management - Semester 1, 2011 9 Assessment Assessment Summary Within semester assessment: 60% Examination (2 hours): 40% Faculty assessment policy For information regarding assessment policy, please refer to the appendix at the end of this Unit Guide. Hurdle requirements Hurdle requirements There is a hurdle requirement in this unit. The learning outcomes in this unit require students to demonstrate in the individual summative assessment task a comprehensive understanding of the topics covered in the unit. This is demonstrated by the requirement that the student must attain a mark of at least 50% in the final summative assessment task. A student’s final mark is normally the sum of the marks obtained in all of the individual assessment items in the unit. Where a student fails the unit solely because of failure to satisfy the hurdle requirement a mark of 48 will be returned for the unit. The individual summative assessment task is the final exam. Second marking For information regarding second marking practice, please refer to http://www.buseco.monash.edu.au/asg/agu/policies/written-assign.html#secmark Return of final marks The final mark that a student receives for a unit will be determined by the Board of Examiners on the recommendation of the Chief Examiner taking into account all aspects of assessment. The final mark for this unit will be released by the Board of Examiners on the date nominated in the Faculty Calendar. Applications for extension of time For information regarding extensions of time, please refer to http://www.buseco.monash.edu.au/asg/agu/policies/written-assign.html#extoftime Additional assessment information Plagiarism and Cheating The submission of essays, assignments and homework is an essential part of the learning process and a vital way of assessing students' understanding of a unit. The submitted work must therefore be a MKX3621 Advertising management - Semester 1, 2011 10 student's own work. This does not mean that students may not make use of the work of others. However, in quoting or paraphrasing material from other sources, those sources must be acknowledged in full. For more information on plagiarism and cheating please refer to the following links: http://www.monash.edu.au/teaching/academic-integrity/student/res_student2.html http://www.buseco.monash.edu.au/secretariat/discipline/ Assessment tasks Assessment task 1 Title: Group Seminar Paper Learning objectives assessed: Addresses objectives 1, 4, and 5. Weighting: 25% Criteria for assessment: Marks are assigned for: Written Report - 15% • Integration and organisation of material • Identification of issues and substance of content • Addressing all aspects of assignment brief • Depth of reading / referencing • Appropriate use of sources both academic and practical. • Critical evaluation of material and appropriate style of writing, with attention to grammar and expression • Overall evidence of a research approach that applies concepts in a practical manner Oral presentation to class - 10% • Degree of preparation • Quality of power point presentation • Effort to engage class • Provision of handout Task details: Report Each group will be allocated one of the Seminar Paper topics listed below. Each of these topics will have approximately 3 students working on it. The length must be 2000 words (four A4 pages). The paper must also be appropriately referenced. Please note that you • MKX3621 Advertising management - Semester 1, 2011 11 will be penalised for exceeding the word limit by more than 10% (not including references). Presentation Each group will have 20 mins to present, followed by 15 mins for group activity and questions. Your group will provide the class with summary handouts. Seminar Paper Topics Topics will be assigned in Tute 1 – week 2. You are expected to thoroughly research your selected topic. The better assignments will draw on a broad range of reference material including journal articles, trade publications (such as Ad News), textbooks, reliable web information etc. Drawing well informed conclusions / implications from your investigation is appropriate. 1. ‘Learning from the Past’ a. Select any product category and conduct a detailed analysis of how and why the advertising has changed over time. b. Project forward – what should a Brand Manager for this category be conscious of in the future? (NB good references are: “Soap Sex and Cigarettes” by J. Sivulka, and “Satisfaction Guaranteed” by S. Strasser) Due date: Week 4 2. ‘Horses for Courses … Advertising’s varied role’ You have just been appointed Marketing Manager for a Business to Business firm: a. Using your knowledge of advertising as a marketing communication tool, prepare a briefing document for your ad agency which explains the role you want advertising to play in your marketing strategy for this context. b. Outline any objections that you think might be presented by the agency and how you would counter these in an agency/client meeting. c. Provide some well supported recommendations. Due date: Week 5 3. ‘Working under cover’ … ‘Covert’ advertising This involves advertising in a less direct manner such as TV station pop-up promos, product placement in movies/TV etc). a. Is this another form of subliminal advertising? MKX3621 Advertising management - Semester 1, 2011 12 b. What examples are there of it’s use in the Australian context? c. Locate and / or construct “arguments for and against its use”…what if anything impedes it? d. Write a report to advise your Creative Team. Due date: Week 6 4. ‘To be or not be creative’ Choose 2 current or recent campaigns for the same product or service category, one which you consider to be very creative and one which you consider is not as creative. Conduct an analyse in terms of: - target audience and consumer behaviour - the process of communication - creative and media strategy execution - strengths and weaknesses. Provide a rationale for why you have deemed each to be creative or otherwise. Due date: Week 8 5. ‘Surprise…’ One relatively new technique in advertising is ‘ambient advertising’. Find examples of different types of ambient advertising. Compare and contrast these, giving thought to relative strengths and weaknesses. Review the literature on new / ambient media and assess the strategic value of including it in an integrated campaign. Due date: Week 9 6. ‘The advertised mind … ’ The use of ‘humour’ may work better in one medium rather than another, or for 1 context more than another. What research evidence exists to support the advice a strategic planner might give in terms of appropriateness of ‘humour’ in campaign message execution? Explore other types of emotion used in advertising and discuss their appropriateness. Use examples and provide your rationale. Due date: Week 10 7. ‘Around the world in 60 seconds … global communication’ Select an Asian country to compare and contrast to Australia and/or other parts of the world in terms of its culture, using Hofstede’s Five Dimensions of culture. (A useful resource is http://www.geert-hofstede.com). Now, select a brand that is marketed in the country you have analysed (hopefully you can obtain creative executions from various parts of the world). What are the implications of MKX3621 Advertising management - Semester 1, 2011 13 your analysis for global advertising client? Due date: Week 11 Time allocated The presentation should be 20 minutes with 15 minutes for group activity and questions which your group should prepare to generate. For example, ask specific questions of the group, or ask for their experiences or their thoughts on your topic, and ask them to participate in an activity associated with what you want them to learn from your presentation (e.g. evaluate alternative executions, quiz, role play, debate etc). Technology requirements Students should use PowerPoint for the presentation Instructions to students Each group should provide the class with a summary handout of their presentation (eg power point handout or make it available via MUSO). It is highly recommended that students rehearse their presentation several times to ensure all presenters are comfortable and that the time guidelines are met. The presentation will stopped after 25 minutes. Word limit: Word limit - 2000 words Due date: Progressive throughout semester Submission details: Assignments are to be submitted in class on the due date and time as specified in the Seminar Program. Return of marks: Marked assignments will be returned at the end of the class, generally 2 weeks after submission. Penalties for late lodgement: Applications for extension of time. All applications for an extension of the time allocated to an assessment task must be made to the unit co-ordinator via the Request for Special Consideration form prior to the due date, and will only be granted where there is supporting documentation and justification in line with University policy. The form can be downloaded from http://www.buseco.monash.edu.au/student/exams/specconsemester.php Approval if granted will be in writing and will be recorded on the Faculty Assignment Cover sheet accompanying the assessment task by the responsible Lecturer/tutor. Penalties for late lodgement A penalty of 10% of the mark allocated to this assessment task will be deducted for each day that the assessment is late. Assessment coversheet: Work submitted for assessment must be accompanied by a completed copy of the Faculty Cover Sheet which has been signed by the student. NO assignment will be accepted or marked if it is not accompanied by a signed Assignment Cover Sheet MKX3621 Advertising management - Semester 1, 2011 14 In the case of a group assignment, each member of the group must complete, sign and attach to the assignment a separate copy of the Faculty Cover Sheet. Assignments which are lodged electronically must be sent from Your.Name@student.monash.edu.au Email address and must include an electronic copy of the Assignment cover sheet. Electronic lodgement from any other email addresses will not be accepted. http://www.buseco.monash.edu.au/student/forms/index.php Assessment task 2 Title: Reflective Folio Learning objectives assessed: Addresses objectives 1, 4, and 5. Weighting: 25% Criteria for assessment: Marks will be awarded according to the presentation of the folder, and the appropriate breadth, depth and relevance of material in folder ie ‘meeting the brief’. Task details: Individual assignment Students are required to keep a folder from the beginning of semester in which you will include ad examples (actual ads, articles, photocopies, video or audio material, rough sketches or brief descriptions), academic and trade journal articles and items of relevance to your studies in advertising. NB You need to record where the ad was placed (e.g. what magazine, when, and on what page. It may also be appropriate to take note of what was placed around the ad in terms of other ads or editorial content). NOTE: You can compile an e-folder if you prefer, by scanning ads or using online sources. It can also be submitted as a combination hard copy and e-file format. The choice is yours, but either way it must be clearly set out and straightforward to follow.. The objective is to provide yourself with a ready reference of significant and/or current advertising material which is illustrative of elements of the subject. NOTE: This is an excellent resource for students to take to job interviews. The basic requirements are as follows: Stage 1: Collect a selection of ads which are or have become controversial, and at least one article discussing the controversy. Be prepared to discuss the objectives of the advertising, the nature of the controversy and your opinion. Due: Week 3 for reviewing in seminars. Note: the folder is not required to be handed in at this stage, but must be brought to class for review towards final assessment. Stage 2: Collect at least 2 ads to illustrate each of the following advertising categories, and 1 • MKX3621 Advertising management - Semester 1, 2011 15 academic journal article and 1 trade press article which is relevant to the type of advertising. Aim for a mix of sources when searching for articles for your folder. For each ad you may wish to find out which agency is responsible for the advertising. - brand - retail - direct response - business to business - not for profit - global Due: Week 8 for reviewing in seminar. Note: the folder is not required to be handed in at this stage, but must be brought to class for review towards final assessment. Stage 3: Of the above ads select at least one which is an example of a “bad” ad, and likewise a “good” ad. Justify your choice in terms of strategy, creativity and execution. Refer to academic sources which address how to evaluate advertising. Due: Week 10 for reviewing in tutorials. Note: the entire folder is required to be handed in for assessment at the end of this seminar. Due date: Final submission in week 10 Submission details: The Reflective Folder is due for submission at the end of the seminar in Week 10, but must be sighted progressively in weeks 3 and 8. Submission is required by hand at the end of the seminar in Week 10. Return of marks: Reflective Folders will be returned to students at the end of tutorial in week 12. Penalties for late lodgement: Applications for extension of time. All applications for an extension of the time allocated to an assessment task must be made to the unit co-ordinator via the Request for Special Consideration form prior to the due date, and will only be granted where there is supporting documentation and justification in line with University policy. The form can be downloaded from http://www.buseco.monash.edu.au/student/exams/specconsemester.php Approval if granted will be in writing and will be recorded on the Faculty Assignment Cover sheet accompanying the assessment task by the responsible Lecturer/tutor. Penalties for late lodgement A penalty of 10% of the mark allocated to this assessment task will be deducted for each day that the assessment is late. Assessment coversheet: Work submitted for assessment must be accompanied by a completed copy of the MKX3621 Advertising management - Semester 1, 2011 16 Faculty Cover Sheet which has been signed by the student. NO assignment will be accepted or marked if it is not accompanied by a signed Assignment Cover Sheet Assignments which are lodged electronically must be sent from your Name@student.monash.edu.au Email address and must include an electronic copy of the coversheet. Electronic lodgement from any other Email addresses will not be accepted. Assessment task 3 Title: Case Analysis, Submission & Participation Learning objectives assessed: PLEASE PROVIDE INFORMATION BEFORE SUBMITTING Weighting: 10% Task details: Assessment Participation will be assessed according to the students’ contribution to class discussion, and submission of weekly critiques of the case studies nominated in the Seminar Program. Instructions to students Nominated AFA case cases will be discussed / reviewed in seminars. You must submit a 1 page typed summary of the critical success factors for each case. Extended bullet points are acceptable. Note: if you do not have a summary sheet to hand in you are required to leave the class while the case is being discussed to prepare your own. In this way you will achieve most benefit from this learning experience, and equity will be ensured for those who have prepared answers. Due date: Weekly Return of marks: • Examinations Examination 1 Weighting: 40% Duration: 2 hours Type (open/closed book): Closed book Materials examinable: The exam will be based on all content including lecture material, prescribed readings, seminar papers, case studies, visits, guests etc. You must score at least 50% in the exam to pass the subject. • MKX3621 Advertising management - Semester 1, 2011 17 Remarks: The exam will be comprised of 2 parts of equal marks The exam will closed book and students will be required to answer 2 essay questions from a selection of alternatives. Some past exam papers will be made available via Vista which students can access via the My Monash portal. Special consideration For information regarding special consideration, please refer to the appendix at the end of this Unit Guide. MKX3621 Advertising management - Semester 1, 2011 18 Assessment criteria - grading descriptors table High Distinction (80%+) Distinction (70 - 79%) Credit (60 - 69%) Pass (50 - 59%) Fail (Less than 50%) General description Outstanding or exceptional work in terms of understanding, interpretation and presentation A very high standard of work which demonstrates originality and insight Demonstrates a high level of understanding and presentation and a degree of originality and insight Satisfies the minimum requirements Fails to satisfy the minimum requirements Reading Strong evidence of independent reading beyond core texts and materials Evidence of reading beyond core texts and materials Thorough understanding of core texts and materials Evidence of having read core texts and materials Very little evidence of having read any of the core texts and materials Knowledge of topic Demonstrates insight, awareness and understanding of deeper and more subtle aspects of the topic. Ability to consider topic in the broader context of the discipline Evidence of an awareness and understanding of deeper and more subtle aspects of the topic Sound knowledge of principles and concepts Knowledge of principles and concepts at least adequate to communicate intelligently in the topic and to serve as a basis for further study Scant knowledge of principles and concepts Articulation of argument Demonstrates imagination or flair. Demonstrates originality and independent thought Evidence of imagination or flair. Evidence of originality and independent thought Well-reasoned argument based on broad evidence Sound argument based on evidence Very little evidence of ability to construct coherent argument Analytical and evaluative skills Highly developed analytical and evaluative skills Clear evidence of analytical and evaluative skills Evidence of analytical and evaluative skills Some evidence of analytical and evaluative skills Very little evidence of analytical and evaluative skills Problem solving Ability to solve very challenging problems Ability to solve non-routine problems Ability to use and apply fundamental concepts and skills Adequate problem-solving skills Very little evidence of problem-solving skills Expression and presentation appropriate to the discipline Highly developed skills in expression and presentation. Well developed skills in expression and presentation. Good skills in expression and presentation. Accurate and consistent acknowledgement of sources. Adequate skills in expression and presentation Inadequate skills in expression and presentation. Inaccurate and inconsistent acknowledgement of sources. Source: University of Adelaide 2005 MKX3621 Advertising management - Semester 1, 2011 19 Appendix Please visit the following URL: http://www.buseco.monash.edu.au/unit-guide/appendix.html for further information about: Continuous improvement• Assessment policy• Grading Scale policy• Special consideration• Plagiarism, cheating and collusion• Plagiarism register• Non-discriminatory language• Students with disabilities• Using the University’s computer and IT facilities• Faculty policies• Related links• MKX3621 Advertising management - Semester 1, 2011 20