TEACHING PLAN FOR • INTERNATIONAL MARKETING 1. Basic description Name of the course: International Marketing Academic year: 2012-2013 Year: 4th Term: 2nd Degree / Course: Bachelor’s degree in International Business and Marketing Code: 44201 Number of credits: 4 Total number of hours committed: 100 Teaching language: English Lecturer: Tomislav Rimac Timetable: GROUP 1 (Plenary Class) Tuesday 15:45-18:00 Aula: Chupa Chups GROUP 2 (Plenary Class) Tuesday 18:30-20:45 Aula: 4.1 GROUP 1A (Seminar) Thursday 16:05-17:00 Aula: ETR GROUP 2A (Seminar) Thursdays, 18:20-19:15 Aula: ETR GROUP 1B (Seminar) Thursdays, 17:05-18:00 Aula: ETR GROUP 2B (Seminar) Thursdays, 19:20-20:15 Aula: ETR OFFICE HOURS: Wednesdays, 18:00 – 19:00 and by appointment 1 2. Presentation of the course International Marketing course focuses on challenges and opportunities of marketing new and existing products and services to the global marketplace. It builds on the knowledge acquired in the Business Marketing course and applies key marketing concepts in the international business context. It introduces students to international-level strategic and operational marketing tools and decision and influence techniques for international markets. The course accomplishes its objectives through lectures, discussions of readings from the business press, case analyses of actual global marketing issues, and through a computer-based international marketing simulation game Country Manager. It pays special attention to variations from home-country marketing and to strategies used by international marketers. Specifically, the course analyzes the impact of cultural, economic, technological, political, and legal differences on the international marketing process. On successful completion of this course students should be able to: Understand the nature of international marketing strategy and its linkages to corporate strategy vis-à-vis local and national marketing strategy Develop analytical frameworks in the screening of national markets defining the key factors in the firm’s internationalization process by evaluating the international business environment, stressing particularly the economic and cultural dimensions Discuss the complexities and paradoxes that are prevalent in so many successful and failing international marketing operations Explore the tensions in adopting a global standardized action as opposed to a locally responsive action in international marketing and relate these to the overall corporate strategy of companies Consider ethical and social responsibility issues, in the development and implementation of an international marketing strategy Successful completion of Business Marketing course or its equivalent is a mandatory prerequisite for this course. 3. Competences to be achieved in the course General competences Instrumental competences G.I.1. Ability to search, analyse, Specific competences Disciplinary competences E.D.11. Introduce the basic marketing 2 assess, and summarise information. G.I.2. Ability to relate concepts and knowledge from different areas. G.I.4. Ability to tackle and solve problems. G.I.5. Ability to take decisions in complex and changing environments. G.I.6. Ability to develop, present and defend arguments. G.I.8. Oral and written competence in communicating in English. General personal competences G.P.1. Ability to adapt, lead and work in a group that is multicultural, interdisciplinary, competitive, changing and complex in nature. Generic systemic competences tools and capacitate for planning commercial strategies. Professional competences E.P.1. Ability to understand the decisions taken by economic agents and their interaction in the markets. E.P.2. Ability to analyse economic and market indicators when taking decisions within the organisation. E.P.17. Ability to express and understand spoken and written communication in English at an advanced level in the international business environment. E.P.21. Ability to search and use various information sources. E.P.22. Ability to contrast knowledge obtained in the learning process and adapt it to real situations. G.S.1. Ability to apply creativity. G.S.2. Ability to observe. G.S.3. Ability to think globally. G.S.9. Willingness to relocate geographically. Competences for applicability G.A.1. Ability to apply acquired knowledge and skills. G.A.3. Ability to search and exploit new information sources. The above competences interrelate with the basic competences set out in Royal Decree 1393/2007, namely: a. Competence to comprehend knowledge, on the basis of general secondary education b. Competence to apply knowledge to day-to-day work in international management or marketing, in particular, ability to develop and defend arguments and to solve problems 3 c. Competence to gather and interpret relevant data, enabling the development of critical judgements on the economic and social reality d. Competence to communicate and transmit information (ideas, problems, solutions) to a specialised and non-specialised public e. Competence to develop learning activities in a relatively autonomous manner. In order to establish a correspondence between the basic competences and those developed in the degree, these are grouped according to two criteria. Thus, the competences developed in the subject are structured into those that are seen as a development or specification of basic competences and those that define the professional profile of the graduate, with respect to general and specific competences. Basic competence: understanding of knowledge I. General competences G.S.2 II. Specific competences E.P.1 Basic competence: application of knowledge I. General competences G.I.2, G.S.1, G.S.3 Basic competence: gather and interpret data I. General competences G.I.1, G.A.3 II. Specific competences E.P.2 Basic competence: communicate and transmit information I. General competences G.I.6, G.I.8 II. Specific competences E.P.17 Basic competence: develop learning activities I. General competences G.I.4 II. Specific competences E.P.21, E.P.22 Competences that define the professional profile which are not included under basic competences In general, these competences combine the following key elements for professionalising students in the area of international business and marketing: 4 - Provide students with the capacity to adapt to dynamic teams and environments - Provide students with the capacity to create their own integral vision of the operation of a business or international marketing project - Provide students with the capacity to take complex decisions and carry out negotiation processes I. General competences G.I.4, G.I.5, G.P.1, G.S.9, G.A.1 II. Specific competences E.D.11 Own competences of the subject Establish a company's international marketing strategy. 4. Contents 1. International market entry and development Strategic planning Marketing organization, implementation, and control Research Market entry and expansion 2. Export marketing mix Product adaptation Export pricing Marketing communication Distribution management 3. The global marketing mix Global product management and branding Global services Global logistics and materials management Global pricing Global promotional strategies 5 5. Assessment The course is graded from 0 (the lowest grade) to 10 (the highest grade). Passing the course requires a minimum final exam grade of 4.0, a minimum simulation grade of 5.0, and a minimum total continuous evaluation grade (simulation + preparation + quizzes) of 4.0. At the ordinary term, the final grade for the course will be determined on the following basis: Assessment elements Time period Type of assessment Comp Opt Assessment agent Lecturer Selfassess Type of activity Coassess Weight (%) Grouping Indiv Group (#) BONUS EVALUATION (default is zero; no minimum requirement): Class Participation Throughout the course x x x x Application Conceptual Overall understanding max 10% x CONTINUOUS EVALUATION (a minimum grade of 5 is required on SIMULATION and 4 on total continuous evaluation: Country Manager Simulation Week 3 to 10 x x x x Application Conceptual Overall understanding 3/group 30% Class Preparation Throughout the course x x x x Application Conceptual Overall understanding 3/group 10% ≥4 x x Short Quizzes Overall understanding x 20% Application and synthesis x 40% SYNTHESIS EVALUATION (a minimum grade of 4 is required): Final Exam • Exam Week x x International students: Please DO NOT BOOK tickets for your flights home before the dates for the final exams are announced (usually at the end of the week 5). Even if you have a ticket and a valid reason, ESCI will NOT PROVIDE ALTERNATIVE DATES for the final exam. 6 Terms and conditions for extraordinary exam sitting: The date and time for the extraordinary exam setting will be set by ESCI. Only final exam can be retaken during this session. All other grades stay unchanged and cannot be compensated by extra work. IMPORTANT further specifications on grading and assignment rules: • • • • • • To be allowed to take the final exam, students must obtain an unadjusted simulation grade greater or equal to 5.0 and an unadjusted total continuous evaluation grade (simulation + preparation + quizzes) greater or equal to 4.0. If one of these two grades is below their specified minimum grades, the lower of the two grades becomes the final course grade. Students must take the final exam in order to obtain a final grade for the course. If a student does not take the final exam, the final grade assigned to the student will be “No presentado.” Only students who took the exam during the regular exam term and have obtained exam grade below 4.0 may use the extraordinary exam setting. Minimum grade needed to be obtained at the final exam, in order to consider the remaining course grading elements is 4.0. If a student obtains a final exam grade below 4.0, the final grade of the course will be determined exclusively based on the grade of the final exam. The final exam is cumulative - it covers material from the whole course. Participation in this course is graded as a bonus. Participation grade can increase your final grade for no more than 1.0. Your participation mark will be based on your class contribution. Some of the behaviors that contribute to effective class participation are captured in the questions that follow: 1. Is the participant a good listener? 2. Are the points that are made relevant to the discussion? Are they linked to the comments of others? 3. Do the comments add to our understanding of the situation? 4. Do the comments show evidence of analysis of the case? 5. Does the participant distinguish among different kinds of data (that is, facts, opinions, beliefs, concepts, etc.)? 6. Is there a willingness to share? 7. Is there a willingness to test new ideas, or are all comments "safe"? (For example, repetition of case facts without analysis and conclusions or a comment already made by a colleague.) 8. Is the participant willing to interact with other class members? 9. Do comments clarify and highlight the important aspects of earlier comments and lead to a clearer statement of the concepts being covered? 7 • • • • • • • The questions above deal with both the process of class participation and (of equal or greater concern) the content of what you say. Please trust that both quality and frequency are important, but that quantity never can make up for low quality. Please do not confuse participation with assistance. Having a perfect assistance record still may result in zero participation mark if you do not actively participate in the class discussions. However, if you do not assist to classes, then neither you can participate. Thus, if your assistance falls below 80% of all classes (6 or more absences), your participation will be set to zero irrespective of your contribution during the classes you were present at. At the beginning of the term, you will self-form groups of exactly 3 students that will play Country Manager simulation. Grading of actual simulation results will be relative and it will depend on how well your group does in comparison to other groups. Other group deliverables will be graded using absolute evaluation and these grades will not depend on how well your group does in comparison to other groups. Although each group will get one mark, individual marks will be adjusted (upward or downwards) based on the 360 0 evaluation that you will have to complete during the final exam. If there will be more than 4 quizzes, the lowest grade will not count for the total mark for this element. If the number of quizzes is less or equal to 4, all quiz grades will count towards the final course mark. Preparation grade is a punitive grade. By default, every student is given 1.0 grade for the preparation activities. If instructor determines that a student came to the class unprepared without previous notification, the preparation mark will be reduced to 0.7. If a student comes to two classes unprepared, the preparation grade will be lowered to 0.3, and to 0 if a students come to three classes unprepared. 6. Bibliography and teaching resources • • Basic bibliography o Czinkota, M. R. and Ronkainen, I. A. (2009). International Marketing. 9th Edition. South-Western College Pub. Supplementary bibliography o Keegan, W. J. and Green, M. (2012). Global Marketing. 6th Edition. Prentice Hall. o Usunier, J-C. (2009). Marketing Across Cultures. 5th Edition. Prentice Hall. 8 o Doole, I., Lowe, R. (2008). International Marketing Strategy: Analysis, Development and Implementation. 5th Edition. South Western Educational Publishing. Teaching resources o Supplementary on-line and video cases for teaching purposes o Power point slides o Supplementary on-line articles o Country Manager simulation software • Students are required to read all assigned cases and articles. Although the course will loosely follow Czinkota and Ronkainen’s book listed in the basic bibliography section, there is no required text book for this course. In the supplementary bibliography section you may find some books that you might want to refer to during the course or after for further reading on the topics covered during the class. Nevertheless, you will not need to buy or borrow any of these books to successfully complete the course. 7. Methodology The course is composed of a mixture of lectures, tutorials, seminars, simulation and case discussions. The purpose of the lectures is to present and discuss theories, concepts, analytical techniques and empirical findings. We will supplement lectures with tutorials that will allow us to practice the analytical techniques introduced during the lectures. Furthermore, we will discuss a number of comprehensive business cases. The goal of the case discussion is to apply the concepts to the context provided by the case and to make decisions based on both qualitative and quantitative analysis. Face-to-face (in the classroom) - Lectures - Tutorials - Discussion of cases and articles Directed (outside the classroom) Professor - Prepare classes - Prepare tutorials - Prepare cases and articles Independent (outside the classroom) - Follow current business press for latest developments related to the class Student - Participation in discussions Quizzes Tests Final exam - Prepare seminars - Prepare cases and articles - Play simulation - Class preparation and readings - Independent study - Exam preparation 9 These teaching methods require intensive students’ involvement and therefore it is important that students read the assigned material prior to each class. As the class is offered in English, all reading material will be provided in English only. Students will be provided with the cases, readings, exercises and power point presentations either before or after the class via the Intranet site (“Aula”). MY EXPECTATIONS: Class Preparation: I expect you to come to classes prepared. This includes reading of the assigned cases, articles, reviewing of the power point slides and exercises. Quizzes at the beginning of the plenary sessions and seminars will test your preparation. While participation during the classes is predominantly voluntary, I also practice “cold calling”. This means that anyone can be asked to answer any question. Fear of public speaking or limited fluency in spoken English will not be accepted as an excuse. Punctuality and Deadlines: I expect you to be on time for classes. Majority of quizzes and some unannounced tests will take place at the beginning of the class. Being late will not be a valid excuse for extending the time assigned for a quiz or a test. I understand that due to unforeseen circumstances, you may be occasionally late. If possible, please let me know in advance if you are going to be late. Being habitually late is a good way of losing goodwill. Deadlines will always be strictly enforced and no exceptions of any kind will be made without prior approval. Attendance: I expect you to attend classes regularly. I understand that due to unforeseen circumstances, you may be occasionally absent. If possible, please let me know in advance if you are going to be absent. Being habitually absent and/or being absent without a valid reason is a good way of losing goodwill. Being absent does not excuse you from the deadlines. It is your responsibility to ensure that I receive required material by the given deadline, in the specified format, even if you are not present. If your attendance is below 80% (more than 6 unjustified absences), your bonus participation mark is set to zero independent of your actual participation. Class Discipline: It is of utmost importance that you respect your classmates and the professor by allowing them to work and study in a professional environment. Private conversations among students during the class will not be tolerated. According to ESCI rules, the professor may ask student(s) to leave the classroom. If you are asked to leave the classroom, your attendance sheet will be marked as ‘expelled’ (counts as two unjustified absences) and you will be asked to meet with the program coordinator. 10 Intranet (“Aula”): It is students’ responsibility to ensure timely access to the Aula.1 International students: please talk to exchange program coordinators at your school and at ESCI in order to obtain Aula access as soon as possible. Until you obtain the access please ask one of your local classmates for the access to print or copy the class materials. Not having the access to the Aula will not be accepted as an excuse for not doing required course work. Laptops: Students MUST bring their laptops to every class. Students may use laptops ONLY when instructed to do so. For the remainder of the class use of any electronic devices such as laptops, iPADs, phones, or similar is not allowed. YOUR EXPECTATIONS: Responsiveness and Feedback: You should expect that questions and concerns that you raise with me would be answered, addressed and responded to. Besides formal feedback mechanisms, feel free to jot me an e-mail with any question or feedback. I will try my best to respond as speedily as I possibly can. If you need to talk to me, you can send me an e-mail requesting to meet during the office hour or at other time. I will schedule time to sit and talk to you. Although I am usually available before and after the class for impromptu questions and consultations, unless you previously request to meet, you need to be prepared for the possibility that I may ask you to postpone the conversation for another day due to my previously scheduled obligations. Punctuality: You should expect me to start and finish classes on time. If we need extra time to cover materials, or need to organize an extra session, I will only do so if the majority of the class agrees. Preparation and Rigor: You should expect the most up-to-date and rigorous materials to be covered in class. Guidelines and Expectations: For all assignments, exams and other course materials, I will state my expectations as clearly as possible. If either of us finds that the other party has been violating expectations, it is our duty to inform the other party as promptly, and in as fair a manner as possible. 1 https://aula.esci.upf.edu/login/index.php?lang=en 11 12 8. Scheduling activities Note: Seminars are starting from the week 1 (Thursday, January 10, 2013) Week Hours Sessions Date Class Preparation Time In Class Time After Class Time Course Introduction Marketing Strategy and Analysis Week 1 Lecture 1 Tuesday, Jan. 08 NA Seminar 1 Thursday, Jan. 10 Review articles 1 to 4 Review tutorial questions 0 3 1.5 Article 1: Note on Marketing Strategy Article 2: Market segmentation, Target Market Selection, and Positioning Article 3: Note on Low-Tech Marketing Math Article 4: Marketing Analysis Toolkit: Market Size and Market Share Analysis Tutorial 1: Reviewing basic marketing concepts 2 Review your notes Review PP slides Independent study 2 1 Review your notes Independent study 1 2 Review PP slides Review your notes Independent study 1 1 Review your notes Independent study 1 2 Review your notes Review PP slides Independent study Simulation: Preparation and Quiz 4 Preparing for Market Entry - International Market Research - International Market Entry Strategies Week 2 Week 3 Lecture 2 Tuesday, Jan. 15 Review PP slides Read the case Read the article Seminar 2 Thursday, Jan. 17 Read the case Review case questions 3 11 11 Lecture 3 Tuesday, Jan. 22 Review PP slides Read the article 1.5 Video 1: Tracking the Growth of India’s Middle Class Article 5: Global Gamesmanship Case 1: Mary Key Cosmetics: Asian Market Entry (HBS 594-023) Case 2: Vietnam: Market Entry Decision (HBS 598-081) Marketing Communication Product Adaptation 1.5 Article 6: Customizing Global Marketing 13 Seminar 3 Week 4 Week 5 Week 6 Week 7 Thursday, Jan. 24 Read the case Review case questions 1.5 Case 3: Citibank: Launching the credit card in Asia Pacific (HBS 595-0.26) 1 Review your notes Independent study 1 4 1 Lecture 4 Tuesday, Jan. 29 Review PP slides 0.5 Global Product Management and Branding 2 Review your notes Review PP slides Independent study Simulation: Market attractiveness analysis Seminar 4 Thursday, Jan. 31 Read the case Review case questions 1.5 Case 4: Neilson International in Mexico (A) (Ivey 995G03) 1 Review your notes Independent study 11 Lecture 5 Tuesday, Feb. 05 Review PP slides 0.5 Export and Global Pricing 2 Review your notes Review PP slides Independent study Simulation: Market forecast Seminar 5 Thursday, Feb. 07 Read the case Review case questions 1.5 Case 5: Colgate Max Fresh: Global Brand RollOut (HBS 508-009) 1 Review your notes Independent study Lecture 6 Tuesday, Feb. 12 Review PP slides 0.5 Global logistics and materials management Distribution management 2 Review your notes Review PP slides Independent study Simulation: Round 1 to 3 No class Thursday, Feb. 14 NA NA 0 NA 2 Review your notes Review PP slides Independent study Simulation: Round 4 to 6 1 Review your notes Independent study 10 9 0 Lecture 7 Tuesday, Feb. 19 Review PP slides 0.5 Global promotional strategies Marketing organization, implementation, and control Seminar 6 Thursday, Feb. 21 Read the case Review case questions 1.5 Case 6: Medi-Cult: Pricing a Radical Innovation (IMD 044) 8.5 4.5 1 4.5 0 4.5 1 14 Week 8 Week 9 Week 10 Lecture 8 Tuesday, Feb. 26 Review PP slides 0.5 Customer Relationship Management 2 Review your notes Review PP slides Independent study Simulation: Rounds 7 to 10 Seminar 7 Thursday, Feb. 28 Read the case Review case questions 1.5 Case 7: Rosewood Hotels & Resorts: Branding to Increase Customer Profitability and Lifetime Value (HBS 2087) 1 Review your notes Independent study 1 2 Review your notes Review PP slides Independent study Simulation: Presentation preparation 3 4 8.5 0.5 New Trends in Marketing Marketing in the Bottom of The Pyramid Markets Lecture 9 Tuesday, Mar. 05 Review PP slides Seminar 8 Thursday, Mar. 07 Read the article 1 Article 6: The Mirage of Marketing to the Bottom of the Pyramid: How the Private Sector Can Help Alleviate Poverty 1 Review your notes Independent study 1 Lecture 10 Tuesday, Mar. 12 Prepare presentation 1 Simulation: Group Presentations 2 NA 0 Seminar 9 Thursday, Mar. 14 Prepare presentation 0.5 Simulation: Group Presentations 1 NA 0 Exam Mar. 18-23, 2013 Prepare for the final exam 10 Exam 2 NA 0 10.5 10.5 Exam Week 2 Total Hours 100 30.5 30 39.5 Last updated: November 16, 2012 15