COURSE OUTLINE Course ID Course title Credits MK302EV01 International marketing 3 (To be applied to: o Main Semester/ o Extra Semester - …, School year: from 2015) A. Course Specifications Periods Periods in classroom Total periods Lecture/ Seminar Laboratory/ Activity Studio Fieldwork Self-study periods Lecture room Lab room Fieldwork (1) (2) (3) (4) (5) (6) (7) (8) (9) 45 39 0 0 6 90 45 0 6 (1) = (2) + (3) + (4) + (5) = (7) + (8) + (9) B. Other related Subjects Other related Subjects Course ID Course title Prerequisites: 1 MK203DV01 Principle of marketing Co-requisites: Not compulsory Other required: Students used to study or are studying foundation subjects, such as: micro – economics, macro – economics, consumer behaviors, strategic management, foreign trade are more beneficial in term of learning this subject. C. Course Description This course provides definitions of marketing in an international context as well as examines the impact of economic, cultural, political, legal and other environmental influences on international marketing. Within this course, students are required to build an international marketing strategy for an actual Vietnamese company through identifying and analyzing worldwide marketing opportunities, and examining marketing mix (including product, pricing, distribution and promotion strategies). Additionally, in order to strengthen students’ knowledge and perception, the course is structured to provide practical cases stemmed from huge and SME’s corporations on globe so that students can discuss and interact with lecturer and each other. D. Course Objectives No. Course Objectives 1. Understanding the key terms, definitions, and concepts used in marketing with an international perspective. 2. Evaluate different economic, social, cultural, political, and legal environments influencing international trade. 3. Explain the impact of global and regional influences on products and services for consumers and businesses through international marketing research. 4. Apply basic internationally oriented marketing strategies (total product concept, pricing, place, and promotion). 5. Explain the differences in negotiating with marketing partners from different countries and the implications for the marketing strategies (4Ps). 6. Develop creative international market entry strategies. E. Learning Outcomes No. Learning Outcomes 1. To comprehend an overall perspective of globalization and dynamics of global environment on trade 2. To analyze an international market based on PESTLE (Political, economics, socialcultural, technological, legal factors). 3. To acknowledge the international opportunities via marketing research tools. To give a thesis regarding “Outbound environmental trading analysis” and a comprehensive international marketing strategy. 4 F. Instructional Modes 1. Teaching in the classroom/ lab − Maximum for classroom/ laboratory instruction is 45 periods which consists of 39 for theoretical lectures and 6 for a field trip, meaning that there is one lesson per week. Instructor will deliver the lectures in English slides. Students read documents in English. − Prior going to the class students must read related theories in advance. − In class, instructors will emphasize important or difficult concepts and ideas. − It is required pair works among students at the end of any lesson in order to comprehend knowledge through case studies. − If there is any problem, students are supposed to discuss with friends or instructor. Number Method Description No. of periods Number of students 1 Lectures Lecturer will teach theoretical issues through classroom/ laboratory lectures with power point, computers, projectors, videos or case studies. 45 30 students 2 Group assignments and presentation Each group from 2 - 3 students will be assigned a project according to specific requirements of lecturer. In order to complete the assignment, it is asked to have presentation at class. 6 2 - 3 students/ group 2. Project Each group consists of 2 - 3 students. The scheme requires each team to report an international marketing research and create a marketing plan for an actual company which target to market internationally as outlined below: 2.1 . Business objectives Set up the business objectives in order to answer the questions: - Why do the company need to explore an overseas opportunity? - What kind of products tends to market in an international market? - Which market is prospective to invade? 2.2 . Marketing research a) Analyze PESTLE factors which influence the international marketing strategy of the corporation. b) Analyze competitive environment of this international pool. c) Determine target market segmentation. d) Determine operational methods. 2.3. Marketing plan a) SWOT analysis b) Exemplify marketing mix. c) Define suitable entry mode. d) Marketing implementation. Due date of group assignment report: - The Marketing research and Marketing plan schemes must be written into the report and be submitted to lecturer in 8th and 13th week, respectively. G. Textbooks and teaching aids 1. Required Textbooks and Materials - Cateora. Philip R., Gilly. Mary C., Graham. John L. (2011). International Marketing. 16th Edition. McGraw Hill Higher Education/ Irwin. Boston, Massachusette, U.S.A Students can go the this link to download textbook for free http://www.greenbookee.com/international-marketing-cateora-16th-edition/ 2. Suggested Course Materials - Hollensen, S., 2010. Global Marketing: A decision-oriented approach, 5th Edition, Prentice Hall. - Levinson, Conrad Jay,. Levinson, Jannie (2011). Guerrilla Marketing Remix - The Best of Guerrilla Marketing, Entrepreneur Press – U.S.A - Friedman. Thomas L. (1999) The Lexus and the Olive Tree – Understanding Globalization, Newly updated and expanded edition, Various Publishers. - Friedman. Thomas L. (2007) The World Is Flat - The Globalized World in the Twenty-First Century, Penguin Books - Doodle, Lowe (2012) International Marketing Strategy, 6Th Edition, Cengage Learning EMEA 3. Websites - www.cafef.vn, www.brandsvietnam.com, cnbc.com. H. Assessment Methods (Requirements for Completion of the Course) 1. Assess the learning outcomes Permission for a student to receive an incomplete grade is at the discretion of the instructor and must be accompanied by a written contract for completion of course requirements. Failure to take exams, complete assignments, or attend class is not acceptable reasons for an incomplete. 1.1. For main semester Assessment category 1st test 2nd test Final exam Summary of assessment Fraction Timetable method Students have to complete 4 Will be subject to 60 minutes short quizzes randomly during 20% lecturer a semester Students submit group 15 minutes/ Will be subject to assignment and do 30% group lecturer presentation at class Multiple choice and case As scheduled by 120 minutes 50% study. Closed exam Academic Affairs Total 100% Duration 1.2.For extra semester Assessment category 1st test 2nd test Final exam Summary of assessment Fraction Timetable method Students have to complete 2 Will be subject to 40 minutes short quizzes randomly during 20% lecturer a semester Students submit group 15 minutes/ Will be subject to assignment and do 30% group lecturer presentation at class Multiple choice and case As scheduled by 120 minutes 50% study. Closed exam Academic Affairs Total 100% Duration 2. Participation Based on regulations of Academic Affairs. 3. Academic Integrity Academic integrity is a fundamental value that affects the quality of teaching, learning, and research at a university. To ensure the maintenance of academic integrity at Hoa Sen University, students are required to: a) Work independently on individual assignments Collaborating on individual assignments is considered cheating. b) Avoid plagiarism Plagiarism is an act of fraud that involves the use of ideas or words of another person without proper attribution. Students will be accused of plagiarism if they: • Copy in their work one or more sentences from another person without proper citation. • Rephrase, paraphrase, or translate another person’s ideas or words without proper attribution. • Reuse their own assignments, in whole or in part, and submit them for another class. c) Work responsibly within a working group In cooperative group assignments, all students are required to stay on task and contribute equally to the projects. Group reports should clearly state the contribution of each group member. Any acts of academic dishonesty will result in a grade of zero for the task at hand and/or immediate failure of the course, depending on the seriousness of the fraud. Please consult Hoa Sen University’s Policy on Plagiarism at http://thuvien.hoasen.edu.vn/chinh-sach-phong-tranhdao-van. To ensure the maintenance of academic integrity, the university asks that students report cases of academic dishonesty to the teacher and/or the Dean. The names of those students will be kept anonymous. I. Teaching Staff No. 1 2 Professor’s name Mr. Hoang Duc Binh Mr. Tran Bao Thanh 3 Ms. Le Thi Anh Thu 4 Ms.Tran Hien Thi Thu Email, Phone Office location number, Office hours binh.hoangduc@hoasen.edu.vn thanh.tranbao@hoasen.edu.vn thu.lethianh1831@hoasen.edu.vn hien.tranthithu@hoasen.edu.vn Position Will be Head of informed at Marketing the opening Division of semester In similar Compiling and instructing In similar Compiling and instructing In similar Compiling and instructing J. Outline of Topics to be covered (Learning Schedule) 1. For main semester Week Topic References Homework/Assignment PART 1: OVERVIEW ABOUT INTERNATIONAL MARKETING 1 2 International Marketing Definition. The scope and challenge of IM The dynamic environment of IM Pair works on case study Chapter 1 Chapter 2 Students have to read the theories, glossary, chapter 1 and 2 in advance PART 2: UNCONTROLABLE ENVIRONMENT INFLUENCING INTERNATIONAL MARKETING 3 4 5 6 History and Geography: The foundations of culture Pair works on case study Cultural dynamics in assessing global markets Pair works on case study Culture, management style and business systems Pair works on case study The political environment: a critical concerns The international legal environment: playing by the rules Chapter 3 Chapter 4 Chapter 5 Students have to read the precursory of part 2, chapter 3, 4, 5, 6 & 7 prior to each lecture. Read “A guide for Developing a Marketing Plan”(p.579) Chapter 6,7 PART 3: INTERNATIONAL MARKET OPPORTUNITIES 7 8 Developing a global vision through marketing research Pair works on case study Economic development and the Americas The Asia Pacific Region Discuss the differences among these countries through case studies. Chapter 8 - Students have to read the precursory of part 2, chapter 8, 9 & 11 in Chapter 9 & advance 11 9 Students have to participate a field trip related to international exhibition. Outside Field Trip PART 4: INTERNATIONAL MARKETING PLAN Global marketing management: planning and organization Analyze framework of marketing plan assignment. 10 11 Chapter 12 - Students have to read the precursory of part 4, chapter 12 - 18 in advance Chapter 13 18 4P’s in international marketing Pair works on case study PART 5: INTERNATIONAL MARKETING IMPLEMENTATION 12 Negotiating with international customers, partners and regulators 13 Chapter 19 Students have to read the theories in advance 14 Group presentation & Review 15 2. For extra semester Week Topic References Homework/Assignment PART 1: OVERVIEW ABOUT INTERNATIONAL MARKETING * International Marketing Definition. 1/1 The scope and challenge Chapter 1 Students have to read the of IM theories, glossary, chapter 1/2 * The dynamic Chapter 2 1 and 2 in advance environment of IM Pair works on case study PART 2: UNCONTROLABLE ENVIRONMENT INFLUENCING INTERNATIONAL MARKETING 2/3 2/4 3/5 3/6 4/7 4/8 • History and Geography: The foundations of culture • Cultural dynamics Chapter 3 Students have to read the in assessing global precursory of part 2, markets Chapter 4 chapter 3, 4, 5, 6 & 7 prior • Culture, to each lecture. Chapter 5 management style and Read “A guide for business systems Developing a Marketing Chapter 6 • The political Plan”(p.579) environment: a critical Chapter 7 concerns • The international legal environment: playing by the rules PART 3: INTERNATIONAL MARKET OPPORTUNITIES • Developing a global vision through Chapter 8 marketing research - Students have to read the precursory of part 2, • Economic Chapter 9 chapter 8, 9 & 11 in development and the advance Americas Chapter 11 • The Asia Pacific Region PART 4: INTERNATIONAL MARKETING PLAN • Global marketing Chapter 12 - Students have to read the management: planning precursory of part 4, and organization The combination chapter 12 - 18 in advance • 4P’s in international 5/10 from Chapter 13 marketing to 18 PART 5: INTERNATIONAL MARKETING IMPLEMENTATION Negotiating with international 6/11 Chapter 19 customers, partners and regulators 6/12 Group presentation Review 7/13 5/9