Organizational Instructions to the Course
1. Course Description
The main objective of the course is to understand the specifics of marketing management in the nowadays global economy. The course offers an overview of concepts, methods, techniques as well as applications of international and global marketing which has some specifics compared to general marketing based mostly on cultural and environmental differences. The key procedural aspects and activities required in exporting (or importing), which marketing managers must know, are covered as well. The stress is put on cross-cultural issues of marketing management.
The course is in the form of lectures combined with class discussions, student presentations of seminar work, and theoretical knowledge with the utilization of case studies and academic articles, and other theoretical materials.
2. Topics to be covered throughout the semester
The following topics will be covered throughout the semesters:
- The nature of international and global marketing
- Theories of international trade and marketing
- The international environment
- Culture and international marketing
- International market selection and segmentation
- International marketing research
- Market entry strategies and modes of entry strategies
- International product and service marketing management
- International pricing
- International distribution
- International marketing promotion and Communication
3. Course Goals
Students who
complete this course successfully should be able to:
- Understand reasons for adaptations of many marketing approaches in the international environment;
- Use special techniques or methods of international and global marketing;
- Analyze, select and evaluate various frameworks for firms approaching international markets having in mind the impact of cultural differences on marketing decisions;
- Be analytical and critical when it comes to analyzing and interpreting global marketing issues;
- Understand the culture and cultural differences in business.
Having followed this course, the students should be better equipped to understand how the firm can achieve competitiveness abroad in the international or global markets.
4. Required Texts and Materials
Mandatory literature:
- HOLLENSEN, Svend. Global marketing. 8th edition. Harlow, England: Pearson, 2020. ISBN 978-1-292-25180-6. (More info here)
Recommended
literature:
- HOLLENSEN, Svend. Essentials of global marketing. 1st ed. Harlow: Prentice-Hall, 2008. xxviii, 49. ISBN 9780273717843
- HOLLENSEN, Svend. Global marketing: a decision-oriented approach. 4th ed. Harlow: Prentice-Hall, 2007. xxxviii, 7. ISBN 9780273706786
- LEE, K. and S. CARTER. Global marketing management. 3rd ed. New York: Oxford University Press, 2012. 592 pp. ISBN 978-0-19-960970-3
- ONKVISIT, Sak and John J. SHAW. International marketing: strategy and theory. 5th ed. London: Routledge, 2008. xxiv, 710. ISBN 9780203930069
- KOTABE, Masaaki and Kristiaan HELSEN. Global marketing management. 5th ed. Hoboken: John Wiley & Sons, 2010. xxiii, 725. ISBN 9780470381113
5. Daily Work/Homework
The course is organized as a combination of lectures, case studies, and students´ presentations. Students are obliged to work in a team (1-2 people) or individually
(depending on the type of assignment) and present it during the lectures. Active
participation during the lectures is evaluated as well as the case study
analyses, additional homework, or any other activities in the class. Students will be informed about the specific tasks during the
lectures or assigned the homework in advance.
6. Major Assignments
Each student must choose one of
the following options:
- Seminar work
- Presentation of the country from the marketing standpoint
7. Optional Assignment
- Case Study
What will be evaluated in my work?
Number | Item | Max. Points | Awarded points |
1. | Originality and Creativity
| 10 | |
2. | Organization (Logical presentation of ideas)
| 8 | |
3. | Presentation (Not applicable in online mode)
| 6 | |
4. | Knowledge of Material
| 6 | |
5. | Overall Presentation (Total) | 30 |
Please note that you will have only one chance to present during the semester. There is no possibility to repeat the presentation at a later date.
Please mind the final deadline for registration (via IS) which is 03.10.2022.
Please use the respective homework vaults in IS for uploading your materials/presentations. You are obliged to upload your presentation at least one day prior to the presentation date.
In case you want to use the official university ppt template, please download it here.
Seminar work
Seminar work is a student´s teamwork (up to three students), that is a mix of theoretical knowledge building upon the individual topics of the course and the practical international marketing management case of the firm from the student's home country. It should be in the form of a presentation – presented during the lectures. One of the aims of this presentation is to show to other students a successful firm from a foreign country to broaden one´s horizons and of course to gain basic knowledge of international marketing theory.
Individual topics for every week are in
the table (Preliminary Schedule) – please refer to the end of this syllabus.
The selection of respective topics is executed via IS.
What
is the project about?
The seminar work should address the practical example of an international marketing problem related to one of the topics that the course covers through the syllabus. It should be presented as the case of a firm that comes from the home country of at least one of the participants of the team and wants to go abroad or has already gone abroad and met some problems.
What should I do?
- Create a team of a maximum of two persons or execute seminar work individually
- Select the topic and register in IS (all students need to enroll)
- Consult your teacher, if any problem emerges. Please note to first consult the syllabus
The length of the presentation should not exceed 15-20 minutes. In case exceeding this time limit, negative points will apply (-5).
Country Presentation Through Marketing Lenses
A maximum of two students can be in a team. The main goal is to present one selected country from the Globe from a marketing standpoint. Please note that general geographical, demographic, and cultural facts are welcomed but will not have a great impact on grading and evaluation. Students should present specifics in the chosen context. This should be the main focus of this presentation as it will have a significant influence on evaluation.
The presentation can include the following areas related to the specific country (not restricted though):
- Customer/consumer behavior
- Major industries
- Future prospects
- The positioning of the country on the global market
- Barriers and opportunities to enter etc.
What should I do?
- Select the topic and register in the IS
- Consult your teacher, if any problem emerges. Please note to first consult the syllabus.
The length of the presentation should not exceed 15-20 minutes. In case exceeding this time limit, negative points will apply (-5).
Please always put the following QR code on your first and last slide. The goal is to engage your audience and get some feedback about your presentation. Afterward, I will forward the respective feedback to the individual students.
To find the QR code please click here.
Case Study
A maximum of 20% of points can be obtained by solving respective case studies. In the table at the end of this page is indicated which one needs to be solved. The solution implies you read the case study, answer the attached questions, and upload your solution to the designated folder. Please upload the case study by Monday at 8 PM, as folders will automatically close at that time (for instance: a solution for a case study for the topic International Marketing Environment (planned for 03.10.2023) must be uploaded until 02.10.2022 at 8 PM at the latest).
For each case solved, a maximum of 2 points can be allocated.
8. Exam
The electronic version of the final exam consists of 30 questions. Incorrect answers imply negative points (-0.25). The questions will be "one correct answer" type. The exam will be during the exam period. With one exam slot prior to the Christmas holidays. Exam dates will be announced in advance (by mid-November at the latest). You are obliged to register via IS for the exam, otherwise, you will not be allowed for the exam.
9. Additional Information
Class Participation and Language of Instructions
The
language of the course is English. Students are obliged to participate actively
in the class. Lecturer expects students to think critically about
lectures, comment, ask, discuss, or analyze any topic that is brought up in the
classroom. In addition, students will have the chance to participate in some
group in-class activities or work and discuss case studies either
individually or in a group. All interactions in class must be civil, respectful,
and supportive of an inclusive learning environment for all students. If there
are any concerns about classroom participation and classroom dynamics, students
are encouraged to speak to lecturers.
Course Grading
The course finishes with a final exam. Students are expected to work on their seminar work/country presentations during the semester, be present during the lectures, and actively participate. The solution of a case study (studies) and additional activities, as well as participation in the lecture, can bring additional points and help students improve their final grades. In order to pass the course, students need to collect a minimum of 60% in total.
Explanation of Grading System:
- Exam = 30%
- Presentation (e.g. seminar work or country presentation) = 30%
- Case studies = 20%
- Lecture attendance and participation = 20%
Sample Grade Cutoffs
The following scale applies when it comes to final evaluation:
A | 90 – 100% | Excellent - Comprehensive knowledge and understanding of the subject matter. |
B | 83 – 89% | Very
Good - Comprehensive knowledge and understanding of the subject matter |
C | 75 – 82% | Good - Moderately broad knowledge and understanding of the subject matter |
D | 67 – 74% | Satisfactory - Reasonable knowledge and understanding of the subject matter. |
E | 60 – 66% | Marginal - Minimum knowledge and understanding of the subject matter. |
F | Below 60% | Failing - Unacceptable level of knowledge and understanding of the subject matter. |
10. Course Policies and Information for Students
Attendance Policy
Attendance is compulsory.
The attendance will be recorded and points will be granted accordingly. Please use your ISIC cards to beep in when you enter the classroom.
Penalties
for late work and requests for extensions
Students must strictly respect
deadlines. They are created according to the average abilities of university
students and are applicable to all. Delivering the required work after the deadline
will lead to losing points (1 day= minus 3 points).
In case students need to extend the
date, they need to inform the lecturer in advance and explain the valid reason
for such a situation.
Ethics
Any copying, keeping a record of
tests or carrying the tests out, using forbidden aids including any
communication devices, or any other breach of objectivity of the exam is
regarded as a failure to meet the obligations of the subject and as a serious
breach of study regulations. As a consequence, the teacher grades the student
with an "F" and the dean is allowed to initiate disciplinary action,
which might lead to the termination of the studies.
Requests
for instructor feedback on drafts and requests to revise
Students can, at any time during the
semester, ask lecturers for feedback, advice, suggestion, or revision of their
ongoing work. This is done either during the seminars, during office hours, or via
email.
Disclaimer
Lecturers reserve the right to
make modifications to this information throughout the semester.
11. Preliminary Schedule of Topics, Readings, and Case Studies*
Weak | Date | Topic | Source | Case Study | Lecturer |
1. | 26.09.2023 | Initiation of Internationalization
|
| n/a | DM |
2. | 03.10.2023 | Internationalization Theories
|
| BYD electrical cars: The Chinese electric car manufacturer is considering sales worldwide | DM |
3. | 10.10.2023 | International Marketing Environment (political and economic)
|
| Sauer-Danfoss: Which political/economic factors would affect a manufacturer of hydraulic components? | DM |
4. | 17.10.2023 | International Marketing Environment (sociocultural)
|
| Cirque du Soleil Inc.: The show that revolutionized the circus arts is expanding its global scope | DM |
5 | 24.10.2023 | The international market selection process
|
| Philips Lighting: Screening markets in the Middle East | DM |
6. | 31.10.2023 | International Market Research
|
| Teepack Spezialmaschinen GmbH: Organizing a global survey of customer satisfaction | DM |
8. | 14.11.2023 | Market Entry Modes Strategies
|
| Lysholm Linie Aquavit: International marketing of the Norwegian Aquavit brand | DM |
9. | 21.11.2023 | International Product and Service Strategies
|
| Zippo Manufacturing Company: Has product diversification beyond the lighter gone too far? | Renata Čuhlova |
10. | 28.11.2023 | International Distribution Decisions
|
| De Beers: Forward integration into the diamond industry value chain | DM |
11. | 05.12.2023 | International Promotion (Part 1)
|
| Morgan Motor Company: Can the British retro sports car brand still be successful after 100 years? | DM |
12. | 12.12.2023 | International Promotion (Part 2)
|
| n/a | DM |
13. | 19.12.2023 | International Pricing Decisions
|
| Gillette Co.: Is price standardization possible for razor blades? | DM |
* - From 06.11.2023 until 10.11.2023 there is no teaching or lecturing. This week can be used for mid-terms, consultations, catching up with the materials you did not cover, etc.