Veidlapa Nr. M-3 (8)
Study Course Description

Fundamentals of Marketing

Main Study Course Information

Course Code
SZF_307
Branch of Science
Business Management; Economics and Business; Marketing
ECTS
6.00
Target Audience
Business Management; Management Science; Marketing and Advertising
LQF
Level 6
Study Type And Form
Full-Time

Study Course Implementer

Course Supervisor
Structure Unit Manager
Structural Unit
Faculty of Social Sciences
Contacts

Kuldigas Street 9C, Riga, szf@rsu.lv

About Study Course

Objective

Provide knowledge of marketing, basic principles and methods of its use and business management applications.

Preliminary Knowledge

Basic knowledge of economics and statistics.

Learning Outcomes

Knowledge

1.Able to demonstrate understanding of key concepts and legal relations in the field

Individual work and tests

Test 1 Test No 2 Test 3 Presentation. Discussion

2.Able to demonstrate expertise in the field

Individual work and tests

Test 3 Test No 2 Test 1 Presentation. Discussion

Skills

1.Able to formulate and analytically describe information, problems and solutions using the theoretical basics and skills acquired

Individual work and tests

Test 1 Test No 2 Test 3 Presentation. Discussion Exam

2.Able to demonstrate a scientific approach to problem solving, take responsibility and initiative through individual and team work, make decisions and find creative solutions

Individual work and tests

Business game in the field of problem situation simulation III Business game in the field of problem situation for simulation II Business game for simulation of problem situation in industry Presentation. Discussion

Competences

1.Able to independently acquire, select and analyse information and use it, make decisions and solve problems, demonstrate that they understand professional ethics.

Individual work and tests

Exam Presentation. Discussion

Assessment

Individual work

Title
% from total grade
Grade
1.

Business game for simulation of problem situation in industry

5.00% from total grade
Test

Working in groups, business problem situation in simulated environment

2.

Business game in the field of problem situation for simulation II

5.00% from total grade
Test

Working in groups, business problem situation in simulated environment

3.

Business game in the field of problem situation simulation III

5.00% from total grade
Test

Working in groups, business problem situation in simulated environment

4.

Presentation. Discussion

25.00% from total grade
10 points

Solving a specific marketing problem

Examination

Title
% from total grade
Grade
1.

Test 1

10.00% from total grade
10 points

Test on lessons learned (lectures 1-4)

2.

Test No 2

10.00% from total grade
10 points

Thesis on lessons learned (lectures 5-9)

3.

Test 3

10.00% from total grade
10 points

Test on lessons learned (lectures 10-14)

4.

Exam

30.00% from total grade
10 points

Written (closed and open questions)

Study Course Theme Plan

FULL-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Marketing concept and definitions
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Marketing as a business management function. Marketing as a process.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Strategic marketing planning
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Marketing complex elements
  1. Test

Modality
Location
Contact hours
On site
Study room
2

Topics

Marketing concept and definitions
Marketing as a business management function. Marketing as a process.
Strategic marketing planning
Marketing complex elements
Test 1
Description

Closed and open questions about theory learned in lectures

  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Business simulation I
Description

Working in groups, business problem situation in simulated environment

  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Business simulation I
Description

Working in groups, business problem situation in simulated environment

  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Interaction of marketing complex elements. Communication
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Interaction of marketing complex elements. Communication
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Media literacy and information literacy
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Media literacy and information literacy
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Product and Service, its lifecycle
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Target market identification, positioning
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Target market identification, positioning
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Pricing
  1. Test

Modality
Location
Contact hours
On site
Study room
2

Topics

Interaction of marketing complex elements. Communication
Product and Service, its lifecycle
Target market identification, positioning
Pricing
Media literacy and information literacy
Test No 2
Description

Closed and open questions about theory learned in lectures

  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Business simulation II
Description

Working in groups, business problem situation in simulated environment

  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Business simulation II
Description

Working in groups, business problem situation in simulated environment

  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Value theory in marketing
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Promotion of products and services
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Promotion of products and services
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

AI in marketing
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

AI in marketing
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Behaviour of buyers on the market
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Sales management
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Sales management
  1. Test

Modality
Location
Contact hours
On site
Study room
2

Topics

Value theory in marketing
Promotion of products and services
Behaviour of buyers on the market
Sales management
AI in marketing
Test 3
Description

Closed and open questions about theory learned in lectures

  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Business simulation III
Description

Working in groups, business problem situation in simulated environment

  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Business simulation III
Description

Working in groups, business problem situation in simulated environment

  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Research methods in marketing
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Neuromarketing in the study of consumer behaviour
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Neuromarketing in the study of consumer behaviour
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Presentations, discussion
Description

Solving a specific marketing problem

  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Presentations, discussion
Description

Solving a specific marketing problem

  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Presentations, discussion
Description

Solving a specific marketing problem

  1. Test

Modality
Location
Contact hours
On site
Study room
2

Topics

Exam
Description

Closed and open questions

Total ECTS (Creditpoints):
6.00
Contact hours:
64 Academic Hours
Final Examination:
Exam

Bibliography

Required Reading

1.

Russell, E. (2017). The Fundamentals of Marketing. Apvienotā Karaliste: Bloomsbury Publishing.Suitable for English stream

2.

Principles of Marketing (2015). University of Minnesota Libraries PublishingSuitable for English stream

3.

Praude, V. Mārketings 1. grāmata teorija un prakse (2011)

4.

Praude, V. Mārketings 2.grāmata teorija un prakse (2011)

5.

Kotler, P., Keller K. L. Marketing management. 17th ed. (2025)Suitable for English stream

6.

Praude, V., & Bormane, S. (2012). Influence of Marketing Communications on the Processes of Consumers' Decisions. Regional Formation and Development Studies, 7(2), 110-124.Suitable for English stream

7.

Bormane, S. (2018). Price as an Integrated Marketing Communications Tool in Promoting the Consumption of Sustainable Products. In P. Hajek, & O. Vit (Eds.), CBU INTERNATIONAL CONFERENCE PROCEEDINGS 2018: INNOVATIONS IN SCIENCE AND EDUCATION (Vol. 6, pp. 62-68). (CBU INTERNATIONAL CONFERENCE PROCEEDINGS: INNOVATIONS IN SCIENCE AND EDUCATION). Central Bohemia University.Suitable for English stream

Additional Reading

1.

Bormane, S., & Praude, V. (2013). Essence and Importance of Sustainable Marketing in Business. Humanities and Social Sciences: Latvia, 21(1), 41-51.Suitable for English stream

2.

Silva, G. B. da, Costa, M. F. da, & Paz, H. C. (2025). Consumer dietary changes and determining factors in choosing fresh organic foods: an application of the Theory of Planned Behavior. International Journal of Business Marketing, 9(2)Suitable for English stream

3.

Satcheki Skowronski, B., de Abreu Pereira, M. I., Lima Canuto, T., Tognozzi Fabri, V., & Laitano Lionello, R. (2025). Cultural dimensions as determinants of the effectiveness of Influencer Marketing. International Journal of Business Marketing, 10(1), 4–16Suitable for English stream

Other Information Sources

1.

Journal of Business and Marketing (ISSN: 3005-5717). Editor-in-Chief. Prof. J.K. Mu, Henan University of Technology, China.Suitable for English stream

2.

International Journal Business & MarketingSuitable for English stream