Royal Commission for Jubail and Yanbu Jubail University College Academic Affairs Department Department of Business Administration FX-ACA-057 Issue 0 Rev. 0 April 21, 2015 i COURSE SYLLABUS SEMESTER _362_ Course Code & Number: BUS 434 Course Title: INTERNATIONAL MARKETING Prerequisite: BUS 231 PRINCIPLES OF MARKETING Section Number(s): 201 Instructor: MRS. SABITHA NIKETH Office Location: Room 423 Office Hours: Sunday – 2, 3, 6, 7 Monday – 3, 4, 5 Tuesday – 3, 4, 5 Wednesday – 2, 3, 6, 7, 8 Thursday –3, 7 Class Hours: 201-Sun 8, Wed 4, 5 Instructor’s Office Phone: 03-3459000 Extension: __3666__ Instructor’s Email: NIKETHS@ucj.edu.sa Course Description The process of identifying consumer needs and preferences across international boundaries and matching the abilities of the enterprise to serve these needs through adaptation strategies. A systemic study of the cultural, societal, political, legal, and economic environments of planned target markets. Marketing strategy planning for an effective program in international marketing for product, price, promotion, and distribution decisions are rigorously covered. Course Objectives Upon successful completion of this course, students will demonstrate knowledge of identifying consumer needs and preferences across international boundaries and match the abilities of the enterprise to serve these needs through adaptation strategies. They will demonstrate skills in identifying the cultural, societal, political, legal and economic environment of the planned target markets. They will be able to plan marketing strategy for an effective program in international marketing for product, price, promotion, and distribution decisions. Methods of Instruction Required Textbooks Lecture notes, Handouts and the recommended web sites. Czinkota & Ronkainen, 9th 2010. “Principles of International Marketing”. SouthWestern, Cengage Learning. ISBN-13: 978-1-4390-4137-6, ISBN-10: 1-4390-4137-7 Proposed Websites It will be informed depending upon the requirement of the assignments. Grading Scheme 2 major quizzes Assignment Mid Term Examination Final Examination Total 20% 20% 20% 40% 100% Course Outline Week Topics & Activities 1 The Global Marketing Imperative: The International Marketplace; What International Marketing is? The importance of World Trade; Opportunities and Challenges in International Marketing. The Economic Environment: Market characteristics – population, infrastructure; Impact of Economic Environment on Social Development; Regional economic integration; Emerging markets; Developing markets. Case study 1 The Cultural Environment: Culture defined; Elements of culture; Cultural analysis; The training challenge; Making culture work for marketing success. QUIZ 1 (10 %) The Legal and Political Environment: Home country legal and political environment; Host country legal and political environment; The international environment; Ethical issues. Marketing Organization, Implementations, and Control: Organization structure; Implementation; Control. Research: Defining the issue; Internal and domestic research; Recognizing the need for research; Determining research objective; Determining secondary information requirements; The primary research process; The international information system. MID TERM EXAMINATION (20 %) Chapter 1 Product Adaptation: Product variables; The market environment; Product characteristics; Company considerations; Product counterfeiting. Marketing Communication: The marketing communications process; International negotiations; Marketing communications strategy; Communications tools. Distribution Management: Channel structure; Channel design; Selection of intermediaries; Channel management; E-commerce. QUIZ 2 (10 %) Global Product Management and Branding: Global product development; Management of the product and brand portfolio. Case study 3 Global Pricing: Transfer pricing; Pricing within individual markets; Dealing with financial crises; Pricing coordination; The euro and marketing strategy; Countertrade; Types of countertrade; Preparing for countertrade. Global Promotional Strategies: Planning promotional campaigns; Other promotional elements. International Marketing and the Future: International driversa marketer’s external environment; The marketer of the future. Case study 4 Revision (Attendance is Mandatory) Chapter 10 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17-18 FINAL EXAMINATION (40 % ) Notes Chapter 2 Chapter 4 Chapter 5 Chapter 7 Chapter 8 Chapter 12 Chapter 13 Chapter 14 Chapter 17 Chapter 18 Chapter 19 Jubail University College Policies Attendance 1. Attending at punctual time: Present otherwise the student is absent. 2. Late attendance 0 < 5 minutes: is late 3. Late ≥ 5 minutes: is absent Notes: (i) Every 3 late are counted as 1 absent 3 (ii) Every × total semester contact hours + 1 is DN 15 Grading 1. Quality point: is the result of multiplying the credit hours by the grading points. 2. Semester GPA: is the result of dividing total quality points achieved in all courses at that semester by total graded credit hours of all courses in that semester. 3. Cumulative GPA in a semester: is the sum of total quality points achieved in all courses up to that semester divided by the total credit hours graded for all courses up to that semester Plagiarism & Cheating 1. Cheating is a serious offence and will be punished by the JUC. 2. Talking, looking at your colleagues’ exam papers or any other suspicious act is considered cheating during exam. 3. Student will fail the subject if caught cheating.