International marketing 2011/2012 Gestor: prof. Dr. Ing. Elena Horská Office: Department of Marketing, Faculty of Economics and Management, SUA Nitra Phone: +421 903 261 081 E-mail: Elena.Horska@gmail.com, Website: www.fem.uniag.sk/Elena.Horska Course Objective: This class is designed to teach students how to move a domestic or new product into markets worldwide. Topics from initial market selection to price, promotion and distribution strategies are discussed. Required Materials: 1. Lectures (available at the course), actualized course website: www.fem.uniag.sk/Elena.Horska/intmkt 2. Textbook: Sven Hollensen: Global marketing (available in the university library) 3. Other recommended sources: a. Any textbook „International Marketing“ (by Czinkota, Ronkainen, Tesptra, Sarathy) b. Rehman A.: Dubai& Co. Global Strategies for Doing Business in the Gulf States, 2008, Spulber, D.: Global Competitive Strategy, Cambridge Press 2007 c. Ghemawat, P: Redefining Global Strategy, Harvard Business School Press, 2007 Assignments, evaluation and structure of the course: 1. Active class participation (5 points) 2. Partial written exam – essey (October 17 – 21, 2011 - The decision whether to internationalize, Adaptation, Standardization, Glocalization) (10 points) 3. Market Entry Strategy and Designing the Marketing Programme at target markets – A Case of Selected Company: the analytical and comparative approach (25 points) The project (group project work for 2 students) has to be presented at the end of the course. Evaluation consists of contents evaluation (analytical approach 10 points + scientific dispute + comparative approach combining the practice, theory, research results, experiences of other companies: 10 points) and project presentation evaluation (5 points). Presentations: December 12 – 19, 2011 4. Final written exam/5 questions (60 points, minimum 30) Syllabus: 1. Scope and Challenges of International Marketing in the current world. The Decision to Internationalize, Motives of Internationalization 2. Internationalization theories: The Uppsala Internationalization model, Network model, Internationalization of SMEs, Born global 3. Standardization, adaptation and glocalization in marketing, AAA triangle 4. The Deciding which Markets to Enter 5. The International Environment of Global Markets and Marketing research 6. Market Entry Strategies, Territorial Expansion and Selected Strategic Approaches, Expansion and Value Added, international sustainable business 7. Opportunity formula, CAGE approach, Comparative studies: India versus China, Gulf States, Middle East, EU and Eastern Europe 8. Designing the global marketing programme: Product decisions 9. Designing the global marketing programme: Pricing decisions and terms of doing business 10. Designing the global marketing programme: Distribution decisions 11. Designing the global marketing programme: Communication decisions 12. Implementing and Coordinating the Global Marketing Programme Date - week 26. – 30. 9. 2011 Lecture/Seminar/Visiting Lecturer L:Introduction to the theory of international marketing Project introduction S: Scope and Challenges of International Marketing in the current world. The Decision to Internationalize, Motives of Internationalization 3.- 7. 10. 2011 10. – 14. 10. 2011 17. – 21. 10. 2011 24. – 28. 10. 2011 31.10 – 4.11. 2011 7.11 – 11.11. 2011 14.11. – 18.11.2011 21. – 25. 11. 2011 28.11 – 2.12.2011 L:October, 3, 1:00 Visiting lecture of H.E. Mrs. Nongnuth Phetcharatana, Thai Royal Embassy Vienna, Austria, presentation of local food S:Internationalization theories: The Uppsala Internationalization model, Network model, Internationalization of SMEs, Born global L: Standardization, adaptation and glocalization in marketing, AAA triangle S: The Deciding which Markets to Enter L: International environment S: Mid-term exam: Essay on topics annouced at the beginning of the semester L: Selected aspects of Doing business in Europe (4 hours), prof. Pierre Morel, ESCP Europe – School of Management, Paris, France S: International political environment, doc. Mansoor Maitah, PhD. CZU Praha Study week L: Substitute for a lecture from last week (International Economics) S: Opportunity formula, CAGE approach, Comparative studies: India versus China, Gulf States, Middle East, EU and Eastern Europe L: (will be held on Saturday, November 19, 2011): Sustainable development practices, selected cases from India, role of foreing investments in inclusive developments International brand perception and country of origin effect, Dr. Rahul Singh, Birla Institute of Management, India S: Discovering Business and Study Opportunities in Australia, Dr. Peter Vodvarka, Country manager, Australian Trade Commission L: Designing the global marketing programme: Product and Brand decisions S: Designing the global marketing programme: Pricing decisions and terms of doing business L: Designing the global marketing programme: Distribution decisions S: Designing the global marketing programme: Communication decisions 5. 12. – 9.12. 2011 Study week 12.12. – 16.12 2011 Project presentations 19 12. – 23. 12. 2011 L: Implementing and Coordinating the Global Marketing Programme S: Exam