This document discusses developing marketing strategies and plans. It covers assessing customer value through environmental scanning and understanding needs. It also discusses designing value through product strategy, pricing, distribution, and communications. The document references Michael Porter's value chain model and strategic planning at different organizational levels. It provides an overview of assessing growth opportunities such as intensive growth or diversification. The strategic business unit concept and purpose is defined. The document outlines the key components of business unit strategic planning, including external and internal analysis and formulating strategies using frameworks like Porter's generic strategies. It concludes with discussing the contents of a marketing plan.