MARK 5331 International Marketing (EMBA) Business Building Room 254 1-5 pm Professor: Dr. Xueming Luo Eunice & James L. West Distinguished Professor Professor of Marketing Office: Business Building, Room 225 Department of Marketing/ UTA (817) 272-2279 Marketing Department, Box 19469 luoxm@uta.edu Telephone: Mailbox: E-mail Course Materials Text: International Marketing, 15th ed. by Cateora and Graham, McGraw-Hill Irwin, 2011 (ISBN 978-007-352994x). Harvard Cases Class handouts (readings, etc.) BusinessWeek, Fortune, Harvard International Review, http://china.adage.com/, China Business Review, and Harvard Business Review (Highly Recommended) Course website (http://wweb.uta.edu/faculty/luoxm/). You may download chapter PowerPoints slides, lecture outlines, presentation schedules, learning tips, jokes, etc. Course Objectives and Learning Outcomes Students learn and appreciate the impact of socio-cultural, economic, technological, governmental, and demographic factors on the international marketing mix. These learning outcomes can be assessed based on the grading method as detailed subsequently. 3 hours credit - Prerequisite: MARK 3321. 1 Course Outline (tentative; changes could be made randomly in class) Date Content / Assignment Key Activities Jan 7 Chapter 1: Scope and Challenge of International Marketing Video: Marketing 101 Chapter 2: Dynamic Environment of International Trade Special issues on China & India Video: Starbucks Assignment: Event Projects assigned English Languages Game Case #1 : A New World Economy (The ‘00s stock returns) The New Man in China Xi Video: High-tech toilet Case #2 : Asia Rising Stars Case #3 : Fortune Global 500 (Biggest Chinese firms) Video: Wal-Mart in China Case #4 : Timeline to Shanghai/China market Nielsen report Case #5 : Italian Jobs from China Case #6 : China’s new e-commerce Case #7: Facebook in Mandarin? Case #8 : QQ in China Case #9 : Huawei China Case #10: World innovators (Top Chinese Innovators) Case #11: Hyundai smokes (World car market share) Case #12 : Ford’s vision in China and India (China car market share) Case #13 : BMW new car/China Electric Car Case #14 : Buffett’s Electric Car (BYD)/Why buy Electric Car Case #15 : Closing for business/China Hype/Bubble Trouble Case #16 : The Trouble with India/Nano to India/Holding India Back Case #17 : China’s Amazing Bullet Train/US High-Speed Rail Session Discussion: BYD enters USA (Yes/No, the 4Pc+3Cs) Video: High-tech toilet Video: Marketing 101 Video: Wal-Mart in China Quiz 2 Jan 8 Chapter 4: Cultural Dynamics in Assessing Global Markets Chapter 5: Culture, Management Style, and Business Systems Assignment: Event Projects started Culture Simulations Game Video: Skating Baby Video: Las Vegas in Macao Case #18 : World languages of hello, goodbye and thank you Case #19: China’s Eroding Advantage/Can China Clean Up? Video: Mexico and South America Case #20 : Nokia’s Bid to Rule the Mobile Web Case #21 : Motorola: Fading in China Case #22 : HP Beats Dell (Acer) Case #23 : YouTube hits Google Harvard Cases: Video: India’s Economy and Foreign Markets Youtube.com many foreign country video Good Companies Introduce More New Products F1204C Beating the Market with Customer Satisfaction F0703H Analyzing Consumer Preferences 9-599-112 Angels and Devils 9-506-007 Session Discussion: Angel vs. Devil customers in your company (how to satisfy angels and fire devils, the 4Pc+3Cs) Quiz Jan 9 Chapter 8: Marketing Research Chapter 9: Emerging Markets and Market Behavior Case #24 : Mercedes Research Survey Questionnaire Case #25 : To 50 US Market Research Firms International Money $ Showcase Harvard Case Mercedes&Chrysler BMW trailer Case #26 : China Market Research Strategies Case #27 : China MBA boom/Go east MBA Case #28 : Chinese Companies Wooing Execs from MNCs Case #29 : BRIC weakest/ Large economies of poor people Case #30 : Just How Scary is Russia Case #31 : The New Silk Road/Qatar /Debt in Dubai / China in Iraq Case #32 : How Korea succeeds Case #33 : The Rise of the Maghreb: Africa 3 Case #34 : How Brazil Out farmed US Case #35: China’s New Frontier (Huawei and ZTE) Session Discussion: Market/Consumer research in your company (what types, the 4Pc+3Cs) Quiz Jan 10 Chapter 12: Global Marketing Management: Planning and Organization Chapter 13: Products and Services for Consumers Case #36 : Foxconn vs. Apple Video: Samsung global ads International Music Showcase BNSF in China Case #37 : Smart Car from Mercedes/ Small Cars /Mercedes Skid Case #38 : World Outsourcing Video: Harley Davison Case #39 : 100 World Brands Case #40 : World Brand Index Case #41 : China’s Power Brands/ Thousand Brands Bloom in China/ Geely and Li Ning Case #42 : Apple History/CEO/innovative products Case #43 : China Design/Green skyscraper in Guangzhou Session Discussion: Disney in China or India (weakness/strength)+entry mode (strategic choices) Session Discussion: Market smart car in China (Research, the 4Pc+3Cs+brand+product components) Video: Smart car 1 Video: Las Vegas in Macao Harvard Cases: Why Long CEO Tenure Can Hurt Firm Performance Quality Kitchens Meat Loaf Mix DS-84/A by Stanford SPSS Data Analyses Quiz Jan 11 Chapter 15: International Marketing Channels Channel Simulations 4 Investment Game Case #44 : CEO of Wal-Mart Case #45 : Wal-Mart in China/ Wal-Mart’s Big Moment/ Why Wal-Mart fails in Japan Case #46 : Best Buy, Marketing Goes Micro/Best Buy wants your junk Case #47 : Is Dell Too Big International Cloth/Culture Showcase Video: Germany, France, Italy Case #48 : Acer Chases HP/ HP Beats Dell/ Dell’s new strategy Case #49 : Mega-Malls of the World Case #50 : Lesson from a Global Retailer: Carrefour China Video: Honda North America Session Discussion: Dell vs. HP in China (direct channel; SWOT; CSF) Quiz Jan 13 Harvard Case with Group Homework due 1pm: BMW films 9-502-046 Group PPT Presentation Jan 15 Chapter 16: Integrated Marketing Communications and International Advertising Chapter 18: Pricing for International Markets Video: Best collections of Cola wars around the global Youtube.com Case #51 : World Top Advertisers Video: Thailand Case #52 : China Ad market Nielsen report Case #53 : Coke vs. Pepsi: The Slugfest in China Case #54 : Wahaha no laughing matter Case #55: World Richest People Distinguished Guest: Ex-president IBM China (John Burgoyne & Nancy) Case #56 : Ad Price-Sunday Night Football TV shows Case #57 : High price clock market Case #58 : World Big Mac Price /Microsoft’s pricing strategy Case #59 : The World Richest City, Not Bubai Case #60 : The China Price 5 Video: Best collections of Cola wars around the global Session Discussion: Best/worst ads (Ad CSFs in USA vs. China) Quiz Jan 16 Shuttle Bus to Corporate Visit: BNSF.com Bring your passport/UD Driver License Quiz Jan 17 Chapter 17: Personal Selling and Sales Management Chapter 19: Negotiations Video: Japanese Small Hotel Video: Lenovo Case #61: The 10 highest-Paid CEOs/CEO Pay drops 2010 Case #62 : China Mobile’s Hot Signal/World Mobil Market Data Case #63 : HP Declares War on Counterfeiters Case #64 : Ikea with Chinese Characteristics Case #65 : China’s Stimulus Goes to Work Case #66 : Shanghai Auto—the world’s next great car company Case #67 : World HDTV Vizio beat Sony Video: Disneyland in Hong Kong Videos: eight negotiation situations in four countries (Mexico, Germany, China, and Japan –United States’ biggest partners) Case #68 : Foxconn and Apple Session Discussion: IBM hiring Sales Director Asia (shi/ren debate) Quiz Jan 18 Group Homework due 1pm: “Chinese Companies Going Global” Conclusion Group PPT Presentation 6 Grading method You have a total of 500 points. The final grade will be the weighted average of the points of quizzes, individual event presentation, and group Harvard case write-up. Please keep tracking your points throughout the semester. Requirement Points Weights Quizzes 200 40% (=200/500) Individual Event Project 100 20% (=100/500) Group Harvard Case PPT presentation #1 100 20% (=100/500) Group PPT presentation #2 100 20% (=100/500) TOTAL 500 100% (=500/500) ^ group member peer evaluation scores will be counted. See the Peer Evaluation Form. 90% and above = A, 80% to 89% = B, 70% to 79% = C, 60% to 69% = D, and below 60% = F. Quizzes: Multiple quizzes will be given. Quizzes will be given randomly at the beginning of the class, during the class, or at the end of the class. Class Participation: Your full attendance to all classes is expected. Read the class material ahead of time and be prepared for questions (I will have a lot of ‘cold’ questions for you). Individual Event Projects: Each student can make one oral presentation in class and turn in the article summary. Your event project will be evaluated based on your summary quality and presentation communication skills. You have 5 minutes for the presentation. Group Harvard Case Write-up. Form a 4 or 5-person group in case studies and turn in the assignment as a group. Details will be given in class*. Each group will make 2 PowerPoint-based presentations in class for the 2 required Harvard Cases. Each presentation will last about 30 minutes. * please power off or mute cellular phones. You cannot read newspaper, solve the crossword puzzle, or do anything not related to the class. 7 MARK 5331 International Marketing Peer Evaluation Form Project Title: _____________________________________ Date: _______________ Please submit to me individually – so that your group members would not see it. Rate your group members as follows: Effort* Quality* My Name: _______ _______ Group member: ____________________________ (#2) _______ _______ Group member: ____________________________ (#3) _______ _______ Group member: ____________________________ (#4) _______ _______ ____________________________ (#1) Group member: _____________________________ (#5) +_______ + _______ = 100 pts. =100 pts. Write down some comments about your group: _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ 8 MARK 5331 Individual Event Projects Each student is expected to make one individual oral presentation in class during the semester. Select one current (less than 4 weeks old) article related to international marketing from BusinessWeek, Fortune, Harvard Business Review, http://china.adage.com/, and the Wall Street Journal. Follow the format in below for both presentation and PPTs (with 10 slides). Please remember that you should turn in a hard copy of the PPTs (fit the slides in one page, 2sided) and the article (stapled together) to me at the beginning of the class due. You should keep a separate copy for your presentation. You need also email me a soft copy of your powerpoint before the class due. (Your last name, first name) (title, source, and date of the article*) The introduction (you name, and short summary of the article) The foreign country mentioned in the current article (get more information from the websites for Country Information): 1. the foreign country’s profile, your own experience (if any), google.com search culture shocks, and marketing in that country, youtube.com find videos of that country, and google.com search jokes, interesting facts, business culture in that country. 2. compare the country against China (In your oral presentation, feel free to use real examples/products, such as food, music, clothing,… from that country to demonstrate.) http://dir.yahoo.com/Regional/countries/ , https://www.cia.gov/library/publications/the-worldfactbook/index.html , http://www.countryreports.org/ The chapter concept mentioned in the current article: 3. the concept (the key definitions in the end of each chapter of the textbook; you can get the concept from paragraph headings too) in the assigned chapter mentioned/ applied in this current article The conclusion: 4. your thoughts (2 most important points) on how this article and the chapter concept can help a local firm** (or your own company) to marketing better or sell more in the foreign country **You select any big firm you are comfortable with. Oral presentation time= 8 minutes in class for each, (red card shown means that it is time for conclusion) You need to find an article that addresses one foreign country and a key term/definition of the chapter assigned to you. 9 MARK 5331 Group PPT Presentation #1 Please remember that you should turn in a hard copy of the PPTs to me at the beginning of the class due. You should keep a separate copy for your presentation. You need also email me (luoxm@uta.edu) a soft copy of your PPTs before the class due. Rehearsal is the key to better grade. Harvard Cases Assignment For the Harvard Case of BMW Films, each group will make PowerPoint-based presentation in class for the Harvard Case of BMW Films. Each presentation will last about 35 minutes (about 40 PPT slides). Select one major competitor of BMW in luxury car markets (e.g., Mercedes, Audi, Lincoln, Cadillac, Lexus, Porsche) and then answer questions in below in the PPTs. BMW Films 9-502-046 1. Compare the competitor your group selected against BMW (4P+3C, brand, market segment/positioning, SWOT, customer relationship management, critical success factors, service quality, selling techniques, product samples/ad videos, research data analyses) 2. Contrast the hosting countries’ culture of the competitor again BMW (below) the foreign country’s profile, your own experience (if any), google.com search culture shocks, Hofstede culture index, and marketing in that country, youtube.com or tudou.com find videos of that country, and google or souhu search jokes, interesting facts, business culture in that country compare the country via (economy, population, industry, imports, exports, brands, ads, education, government, food, music, clothing, etc.) http://dir.yahoo.com/Regional/countries/ , https://www.cia.gov/library/publications/the-world-factbook/index.html , http://www.countryreports.org/ 3. Was the BMWFilms idea a good one? What was the motivation behind the idea? How successful has the campaign been? Write down a table to compared traditional advertising campaign against BMWFilms. What are the innovations in terms of new products, marketing communications, and social media advances in the competitor firm your group selected (use more current data than the case)? 4. Who is the BMW target customer? Describe the typical North American BMW customer. How does BMW’s U.S. customer base compare to that of the competitor you selected (use more current data than the case)? 5. From this BMW case, offer your group’s 3 key take-away points on how a big Chinese company can do the marketing better and sell more in global markets. 10 MARK 5331 Group PPT Presentation #2 “Chinese Companies Going Global” Each group is expected to make one oral presentation, 35 minutes, in class. Follow the format in below for both presentation and PPTs (with 40 slides). Please remember that you should turn in a hard copy of the PPTs to me at the beginning of the class due. You should keep a separate copy for your presentation. You need also email me (luoxm@uta.edu) a soft copy of your PPTs before the class due. Rehearsal is the key to better grade. The introduction (you names, company, and foreign country) The company: 1. select one Chinese company that is either conducting businesses in other countries or interested in going global 2. summary of one current (less than 4 weeks old) news related to the company’s global actions (from BusinessWeek, Fortune, Harvard Business Review, http://china.adage.com/, the Wall Street Journal, Neilsen.com, or Google/souhu) 3. the company’s 4P+3C, brand, market segment/positioning, SWOT, customer relationship management, critical success factors, service quality, selling techniques, product samples/ad videos, research data analyses adopted by the firm One foreign country entered/or to be entered (get more information from the websites for Country Information): 4. the foreign country’s profile, your own experience (if any), google.com search culture shocks, Hofstede culture index, and marketing in that country, youtube.com or tudou.com find videos of that country, and google or souhu search jokes, interesting facts, business culture in that country 5. compare the country against China (economy, population, industry, imports, exports, brands, ads, education, government, food, music, clothing, etc.) http://dir.yahoo.com/Regional/countries/ , https://www.cia.gov/library/publications/the-worldfactbook/index.html , http://www.countryreports.org/ Group thoughts (recommendations or comments) on: 6. foreign country entry-mode choice and whys 7. adaptations of the company’s 4P+3C+brand in the foreign country and whys 8. your 3 key take-away points on how the Chinese company can marketing better and sell more in that foreign country 11 MARK 5331 International Marketing Grading Tracking Form Requirement Points Quizzes 200 Individual Event Project 100 Group Harvard Case PPT presentation #1 100 Group PPT presentation #2 100 TOTAL 500 Tracking My Points 12 MARK 5331 International Marketing Group Members Contact Information Form Member Name Email Address Phone # 13 Attendance Policy Due to the intensity and uniqueness of the EMBA program, perfect and punctual attendance are very crucial to students’ learning in the class. Students are expected to be present for all classes and no absence, for whatever reason, will be automatically excused. Missing merely a day in one of the courses of this program can be equated to missing at least a fourth of the class sessions in a regular long semester course. Therefore, the issue of absenteeism is taken very seriously. All instructors will specify grading policies and attendance in their course syllabi, which may include a grade penalty or removal of the student from the course for excessive absences. Reasons for absence due to illness and other circumstances must be communicated by the student to the instructor of the course. Any decision to allow make-up work will be made by each instructor in accordance with each instructor’s attendance policy. It is the student’s responsibility to be in his/her seat at class time to be counted present. Attendance will be taken at least two times each class day by the instructor or a local support person. Absences, other than those with prior approval, will be considered for denial or approval at the instructor’s discretion. If students know in advance that they will be missing any part of the class, they must contact the instructor or the local support staff immediately. If a student will be absent for: 1. More than 40% of the entire course, he/she will be required to re-take the ENTIRE course in the future. Any work accomplished prior to absenteeism will not be recorded or applied towards the future classes. 2. For absence less than or equal to 40% of the lecture time, it will be the instructors’ discretion to decide on what actions will be taken. The student is responsible for finding out from the instructor what penalty, if any, will be assessed for missing any portion of a class session. Students may receive a grade of “F” in the course if they are absent without an acceptable excuse for more than 40% of the entire course. I have read and understand the above and I accept personal responsibility thereto. __________________________________________ Signature of Student _________________________ Date 14 Academic Dishonesty All students are expected to pursue their academic careers with honesty and integrity. Academic dishonesty includes, but not limited to, cheating, plagiarism, and collusion on an examination or an assignment being offered for credit. Each student is accountable for work submitted for credit, including group projects. Students found responsible for dishonesty in their academic pursuits are subject to penalties that may range from disciplinary probation, suspension or expulsion from the University. 1. cheating on an examination or an assignment includes: a. copying the work of another, allowing someone to copy, engaging in written, oral or any other means of communication with another, or giving aid to or seeking aid from another when not permitted by the instructor; b. using material during an examination or when completing an assignment that is not authorized by the person giving the examination or making the work assignment, including, but not limited to, electronic or digital devices such as calculators, cell phones, camera phones, scanner pens, palms, or flash drives, etc.; c. taking or attempting to take an examination for another, or allowing another to take or attempt to take an examination for a student; d. using, obtaining, or attempting to obtain by any means, the whole or any part of an examination or work assignment that is not provided for your use by your instructor; e. any act designed to give unfair advantage to a student or the attempt to commit such an act; 2. plagiarism means the unacknowledged incorporation of the work of another in work that is offered for credit; 3. collusion means the unauthorized collaboration with another in preparing work that is offered for credit; In accordance with the Rules and Regulations of the Board of Regents of The University of Texas System (Part One, Chapter VI), institutional procedures regarding allegations of academic dishonesty are outlined in Part Two, Chapter 2, of the U.T. Arlington Handbook of Operating Procedures. This information may be obtained by accessing the Dean of Students' Web site at www.uta.edu/studentaffairs/dos or the Student Judicial Affairs' Web site at www.uta.edu/studentaffairs/judicial affairs. Copies of each regulation can be obtained in the Dean of Students' Office on the lower level of the University Center. I have read and understand the above and I accept personal responsibility thereto. _____________________________________________ Signature of Student _________________________ Date 15