MKT 1120 Marketing Theory and Practice

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The MKT 1120 Marketing Theory and Practice course module are intended for students with no prior knowledge of marketing. It explores the basic challenges of marketing management and introduces students to key marketing tools such as the elements of the marketing mix.

Practice means actual observation, operation, or experiment. Practice is observing various concepts (or phenomena) that need to be explained. A theory is a proposed explanation of the relationship between two or more concepts, or an explanation of how/why a phenomenon occurs.

Basic marketing theory states that in order to increase sales, companies must position their products or services in the market to convince consumers that they need certain products to provide a service, or that the products or services they need have specific benefits. This is also called building an image or brand.

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