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Unit of Study FOR00112 - Product Development and Marketing (2015)

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Unit Snapshot

  • Enrolment information

    N/A

Unit description

Exposes students to the general principles of marketing, highlights the unique challenges renewable materials such as wood present in respect of meeting consumer expectations and explores the variety of strategies and technologies that are used to gain a competitive advantage in the market place.

Unit content

Topic 1: Introduction to the principles of marketing
Topic 2: Global wood supplies and uses of wood products
Topic 3: The character of the Australian market for wood products
Topic 4: A quick review of wood science
Topic 5: Specific challenges for wood products manufacturers
Topic 6: Preparing input/output tables to calculate net returns
Topic 7: Introduction to wood products manufacturing processes
Topic 8: Value adding strategies
Topic 9: Emerging technologies
Topic 10: Domestic and international trading conventions

Availabilities

Location Domestic International
Lismore Session 3 Session 3
Online Session 3 N/A

Learning outcomes and graduate attributes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
Learning outcome count Learning outcome description GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 understand and apply the general principles of marketing goods and the conventions of domestic and foreign trade
2 recognise the general attributes of global and domestic wood products markets and how these can vary over short times
3 describe the contrast between consumer expectations of predictability and consistency and the variability of natural materials like wood
4 understand the concept of multiple outputs from wood manufacturing processes due to variability in the input, and to optimise returns from a mix of high and low value products
5 demonstrate a capacity to prepare a cost benefit table for all process inputs/outputs, and the final net return
6 demonstrate an understanding of the common manufacturing processes applied to wood products manufacturing, by developing strategies for adding value to wood products in a given market context
7 offer an informed opinion of the medium term outlook of the Australian wood producing and processing industries.

On completion of this unit, students should be able to:

  1. understand and apply the general principles of marketing goods and the conventions of domestic and foreign trade
    • GA1:
    • GA4:
    • GA7:
  2. recognise the general attributes of global and domestic wood products markets and how these can vary over short times
    • GA1:
    • GA2:
    • GA3:
    • GA4:
    • GA5:
  3. describe the contrast between consumer expectations of predictability and consistency and the variability of natural materials like wood
    • GA1:
    • GA2:
    • GA4:
    • GA6:
  4. understand the concept of multiple outputs from wood manufacturing processes due to variability in the input, and to optimise returns from a mix of high and low value products
    • GA1:
    • GA3:
    • GA6:
  5. demonstrate a capacity to prepare a cost benefit table for all process inputs/outputs, and the final net return
    • GA1:
    • GA4:
    • GA6:
  6. demonstrate an understanding of the common manufacturing processes applied to wood products manufacturing, by developing strategies for adding value to wood products in a given market context
    • GA1:
    • GA4:
    • GA5:
  7. offer an informed opinion of the medium term outlook of the Australian wood producing and processing industries.
    • GA1:
    • GA2:
    • GA4:
    • GA7:

Prescribed learning resources

Prescribed Texts
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Prescribed Learning Resources may change in future Teaching Periods.