UNIVERSITY OF BAGUIO School of Business Administration and Accountancy VISION In pursuit of perfection, the University of Baguio is committed to provide balanced quality education by nurturing academic excellence, relevant social skills and ethical values in a fun learning environment. MISSION The University of Baguio educates individuals to be empowered professionals in the global community. Objectives of the School of Business Administration and Accountancy The School of Business Administration and Accountancy, in an exuberant learning climate, aims to nurture a business graduate who: 1. cultivates the knowledge, skills, and entrepreneurial spirit that are imperative for career success in a globalized setting; 2. utilizes macro-environmental acumen for economic growth and development; 3. typifies professional integrity with humility; and 4. undertakes researches to promote systematic bases for business decisions. MKTMAN9 International Marketing (3 units) This course is intended to familiarize the students with the principles and practices of international marketing. The topics include the scope and challenge of international marketing, the cultural environment of global marketing, global marketing management, and the corporate context of marketing. Learning Contents/Topics Course Syllabus VMO Seat Plan Leveling of Expectations No. of hours Activity and Learning Approach 1 Orientation Internalize the VMO Arrange students Requirements and Grading system Recitation 3 Class Discussion Lecture Reading Assignment Group Dynamics Quiz Group Output Evaluation First Grading Chapter 1: The Global Marketing Task a. The New Global Environment b. Key Concepts -global marketing -multi-domestic markets -global markets -global products -global and local brands -leading markets -first-mover advantages -product life cycle c. Why Companies Go Global d. Three Hats -Foreign Entry Role -Local Marketing Role -Global Management Role Chapter 2: Theoretical Foundations a. Country-Specific Advantages b. Firm-Specific Advantages c. Porter’s Five Forces Model d. Rivalry between Global Competitors Chapter 3: Values and Culture a. The Value Concept b. Culture, Defined c. Cultural Universals d. Selective Perception e. Stereotyping f. Manifestations of Culture g. Signs, Symbols, and Body Language h. Imagery and Music i. Thinking Patterns and Intellectual Styles j. Language k. Comparing Cultures Chapter 4: Dimensions of Culture a. Classifying Cultures b. High-Context and Low-Context Cultures c. Dimensions of Time d. Relationship of Man with Nature e. Hofstede’s Five Dimensions of National Culture f. Configurations of Culture Chapter 5: Culture and Consumer Behavior a. Consumer Behavior b. Consumer Attributes c. Social Processes d. Mental Processes e. Consumer Behavior Domains Midterms Chapter 6: Global Marketing Strategy a. The Global Marketer’s Mindset b. Global Market Planning c. Global Market Segmentation d. Targeting Segments e. Global Product Positioning Chapter 7: Global Products and Services a. The Pros and Cons of Standardization b. Localization versus Adaptation c. Pitfalls of Global Standardization d. Global Product Lines e. Developing New Global Products f. Globalizing Successful New Products g. Global Services h. Service Globalization Potential i. Foreign Entry of Services j. Controlling Local Service Quality Chapter 8: Global Branding a. Brands, Defined b. Global, Regional, and Local Brands c. Extending the Brand Concept 3 Lecture Class Discussion Group Dynamics Recitation Quiz 3 Lecture Class Discussion Recitation Quiz 3 Lecture Class Discussion Recitation Quiz 4 Lecture Group dynamics Immersion Recitation Quiz 3 Lecture Class discussion Group dynamics Recitation Quiz 3 Lecture Class discussion Group dynamics Quiz Assignment 3 Lecture Class discussion Quiz Assignment d. e. f. g. How Brands Function Cultural Differences Brand Equity The Advantages and Disadvantages of Global Brands h. Global versus Local Brands i. Globalizing Local Brands j. Defending Local Brands k. Counterfeit Products Chapter 9: Global Pricing a. A Global Pricing Framework b. Pricing Basics c. Financial Issues d. Transfer Pricing e. Countertrade f. Systems Pricing g. Price and Positioning h. Global Coordination i. Global Pricing Policies Finals Chapter 10: Global Distribution a. Distribution as Competitive Advantage b. Rationalizing Local Channels c. Wholesaling d. Retailing e. Global Logistics f. Parallel Distribution g. Global Channel Design Chapter 11: Global Advertising a. The Global Advertising Task b. International World of Advertising c. Pros and Cons of Global Advertising d. The Global Advertiser’s Decisions e. The Global Advertising Agency f. The Digitalization of Advertising Chapter 12: Global Promotion, E-Commerce, and Personal Selling a. Global Sales Promotion b. Publicity c. Global Public Relations d. International Trade Fairs e. Direct Marketing f. Electronic Commerce g. Global Personal Selling h. Integrated Marketing Communications 3 Lecture Class discussion Quiz Assignment Case Analysis 4 Lecture Class discussion Quiz Assignment Case Analysis 4 Lecture Class discussion Recitation Quiz 4 Lecture Class discussion Recitation Quiz Grading System First Grading: Highest Possible Score - 300 points (Class Standing = 70%, Examination = 30%) Midterm: Highest Possible Score - 350 points (Class Standing = 60%, Examination = 40%) Finals: Highest Possible Score - 350 points (Class Standing = 60%, Examination = 40%) References Books: Bradley, Frank. International Marketing Strategy. Prentice Hall Brady, Donald. Essentials of International Marketing. M.E. Sharpe, Inc., 2011. Czinkota, Michael and Ilkka A. Ronkainen, International Marketing. Thomson/South-Western, 2007. De Mooij, Marieke, Consumer Behavior and Culture: Consequences for Global Marketing and Advertising. SAGE Publications, 2010. De Mooij, Marieke, Global Marketing and Advertising: Understanding Cultural Paradoxes. SAGE Publications, 2010. Johansson, Johny. Global Marketing: Foreign Entry, Local Marketing, and Global Management. McGraw Hill, 2009. Quelch, John and Christopher Bartlett. Global Marketing Management: A Casebook. USA: Thomson/South-Western, 2006. Quelch, John and Nathalie Laidler-Kylander. The New Global Brands: Managing NonGovernment Organizations in the 21st Century. USA: Thomson/South-Western, 2006. Suplico, Luz T., et.al., International Marketing. C&E Publishing, Inc., 2008. Internet: http://marketingteacher.com/lesson-store/lesson-international-marketing.html http://sbinfocanada.about.com/od/canadaexport/a/10exportsteps.htm http://www.interbrand.com/en/best-global-brands/Best-Global-Brands-2011.aspx http://www.businessweek.com/magazine/content/05_31/b3945098.htm http://www.iisd.org/markets/globalization/ http://www.pricingleadership.com/?p=152 http://www.thetimes100.co.uk/theory/theory--developing-global-strategy--324.php http://www.marketingpower.com/AboutAMA/Pages/AMA%20Publications/AMA%20Journals/J ournal%20of%20International%20Marketing/JournalofInternationalMarketing.aspx Prepared by Ruby R. Buccat, MBA Program Chair – BA Approved by Mrs. Kareen B. Leon, CPA, MSBA Dean