Courses & Units
Market Research and Decision-Making BMA611
It is strongly recommended that you complete BMA506 Foundations of Marketing and BMA604 Consumer Decision Making before undertaking this unit to ensure you have the necessary level of knowledge to successfully complete assessments.
Introduction
Businesses are changing constantly, and markets are moving at a rapid pace. This means that market research is critical for keeping abreast of such changes. Market research comprises a critical facet of marketing practice; playing a central role in supporting marketing management, business decision-making and helping to solve business problems. Market research is the key to identifying market opportunities and underpins the ability of a firm to make sound decisions. This unit will develop your knowledge of market research principles; the main methods used in market research, and their role in supporting marketing decisionmaking. You will develop knowledge, critical analysis, and creative thinking to define market research problems, data measurement, questionnaire design, sampling, data collection, and data analysis and presentation of results to support marketing decisions. This unit will enable you to undertake market research and develop skills in making decisions based on market research data, solve marketing problems, use statistical software and develop your written communication.
Summary
| Unit name | Market Research and Decision-Making |
|---|---|
| Unit code | BMA611 |
| Credit points | 12.5 |
| College/School | College of Business & Economics Tasmanian School of Business and Economics |
| Discipline | Marketing |
| Coordinator | Doctor Marcus Bai |
| Delivered By | University of Tasmania |
Availability
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Hobart | Semester 2 | On-Campus | International | Domestic | |
| Online | Semester 2 | Off-Campus | International | Domestic | |
| ECA Melbourne | Semester 2 | On-Campus | International | ||
Key
- On-campus
- Off-Campus
- International students
- Domestic students
Note
Enrolment in units available at ECA Melbourne, Hong Kong Universal Ed, and Shanghai Ocean University is only available to eligible students studying at those corresponding locations.
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Key Dates
| Study Period | Start date | Census date | WW date | End date |
|---|---|---|---|---|
| Semester 2 | 22/7/2024 | 16/8/2024 | 9/9/2024 | 27/10/2024 |
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
Learning Outcomes
- Explain the theories and principles of market research and compare different approaches
- Develop and implement a market research plan to solve marketing problem
- Apply and appraise the ethical issues associated with the market research process
Fee Information
| Field of Education | Commencing Student Contribution 1,3 | Grandfathered Student Contribution 1,3 | Approved Pathway Course Student Contribution 2,3 | Domestic Full Fee 4 |
|---|---|---|---|---|
| 080505 | $2,040.00 | $1,597.00 | not applicable | $2,979.00 |
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
Teaching
| Teaching Pattern | 4 x 3 hours workshops |
|---|---|
| Assessment | Market Research Plan (30%)|Online tests (30%)|Marketing Research Report (40%) |
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
You will need the following text: Hair, J. et al. 2014. Marketing Research, 4th edition, McGraw-Hill Education. |
|---|---|
| Recommended | Aaker, D.A., Kumar, V., Leone, R.P. and Day, G.S. 2016. Marketing Research, 12th edition, Wiley. Babbie, E.R. 2013. The Basics of Social Research, 6th edition, Cengage Learning, Wadsworth. Burns, A. and Bush, R. 2014. Marketing Research, 7th edition, Pearson Education. Hinton, R., McMurray, I. and Brownlow, C. 2014. SPSS Explained (electronic resource), 2nd edition, Routledge, Taylor & Francis Group. Ho, R. 2014. Handbook of Univariate and Multivariate Data Analysis with IBM SPSS [electronic resource], 2nd edition, Taylor & Francis. Malhotra, N.K. 2014. Basic Marketing Research, Pearson International Edition, 4th edition, Pearson Education, Upper Saddle River, NJ. Malhotra, N.K. 2015. Essentials of Marketing Research: A Hands-on Orientation, Global Edition, Pearson. Neuman, W.L. 2012. Basics of Social Research: Qualitative and Quantitative Approaches, 3rd edition, Pearson. Pallant, J. 2016. SPSS Survival Manual: A Step by Step Guide to Data Analysis using IBM SPSS, 6th edition, Allen & Unwin. Quester, P., Pettigrew, S., Kopanidis, F., Rao Hill, S. & Hawkins, D. 2014. Consumer Behaviour: Implications for Marketing Strategy, 7th edition, McGraw-Hill, North Ryde NSW. Wuyts, S. 2010. The connected customer: The changing nature of consumer and business markets, Routledge, New York. | Links | Booktopia textbook finder |
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