MKF2540 Retail management principles
Faculty of Business and Economics
MKF2540 Retail management principles is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 at Caulfield. It needs MKW1120, MKB1700, MKC1200 or MKF1120.
- Credit points
- 6
- Offered in 2023
- Semester 1
- Caulfield
- Assessment
- Exam 45%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before MKF2540
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After MKF2540
No unit lists MKF2540 as a prerequisite in the 2023 handbook.
Overview
An overview of retailing from a management perspective. The development of retailing; the Australian retail industry and its environment; merchandising planning, control and distribution; pricing merchandise; selling and sales promotion; store location, layout and presentation.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
Assessment
- Within semester assessment55%
- ExaminationThreshold hurdle45%
Learning outcomes
When you finish this unit, you should be able to:
- 1
develop an understanding of the retail industry and identify the different retail formats in Australia and abroad
- 2
identify the processes and procedures involved in retail planning and management
- 3
develop skills for analysing a retail business
- 4
identify and analyse retail trends and their implications
- 5
create a retail store strategy while utilising various theoretical and practical tools.
Workload and teaching
- Tutorials18 hours
- Lectures18 hours
- Teaching approachActive learning
- Teaching approachSimulation or virtual practice
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit allows you to engage in guided, immersive experiences to develop relevant skills, knowledge and attitudes through simulation or virtual practice.
Contacts
- Chief Examiners
- Mr Peter Wagstaff
Common questions
What are the prerequisites for MKF2540?
You need MKW1120, MKB1700, MKC1200 or MKF1120 before you enrol.
When is MKF2540 offered?
In 2023, MKF2540 runs in Semester 1 at Caulfield.
How much work is MKF2540?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does MKF2540 have an exam?
Yes. The exam is worth 45% of the final mark, alongside 1 other task.