Syllabus

Title
4810 International Marketing and Management II: International Marketing B
Instructors
Riina Koris, MBA,B.A.,Ph.d.
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/21/20 to 02/28/20
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Thursday 04/16/20 02:00 PM - 07:00 PM TC.4.16
Saturday 04/18/20 09:00 AM - 02:00 PM TC.3.08
Tuesday 04/21/20 02:00 PM - 07:00 PM D2.0.392
Wednesday 04/22/20 03:00 PM - 08:00 PM TC.3.11
Friday 04/24/20 09:00 AM - 02:00 PM TC.3.08
Contents

The course aims to develop a critical understanding of the role of marketing in an increasingly globalised economy. It seeks to build an awareness of a range of concepts and theories underpinning effective marketing of goods and services across international borders. Students will be provided with a set of resources for independent thinking and practical application of concepts to situations mimicking the changing global environment to allow them to consider alternatives to bridge border and cultural divides.

This course will cover the following topics:

- International marketing and factors driving internationalization;

- analyzing the external marketing environment;

- international market entry decisions;

- managing the marketing mix.

Learning outcomes

In this course students will learn:

- to evaluate the concept of globalisation, cultural diversity and implications on the marketing of goods and services across borders;

- to use a range of frameworks to analyse market conditions as a way of gauging broader environmental conditions, competitive and consumer trends to recommend appropriate marketing strategies;

- to apply relevant theories and concepts to different marketing situations, making requisite recommendations on the adaptation of standardisation of the firm’s marketing mix;

- to critically evaluate each firm’s marketing context to determine appropriate market entry modes

Attendance requirements

In this course there is an allowance for absence for 10% of the course time except on the last class (April 24) when there is the final presentation.

Teaching/learning method(s)

Within this course, a variety of didactic elements are utilized to facilitate the successful completion of learning outcomes outlined above. The course is delivered as a mix of lectures covering theoretical concepts and their application, as well as articles to be read at home and discussed in class).

A key element in the course delivery is the group presentation during the last class, which allows for an immediate transfer of theoretical knowledge to a practical international marketing challenge. Within their group, students develop a fully-fledged market entry strategy, where they learn to apply their knowledge hands-on

Assessment

Assignment

Date

Weight

Group work presentation:
carry out in a group of 5-6 students a PEST analysis of a developing market to recommend and justify a possible entry of a company of your choice into this market.

April 24, 2020

50%

Group work written assignment:

Relying on the appropriate marketing strategy presented on April 24, propose and justify a marketing mix plan for the same company and the same developing market.

tba

30%

Participation accounts for the remaining 20%.

Additional information to be found below in the section "for course members only".

Prerequisites for participation and waiting lists

Non applicable

Recommended previous knowledge and skills

Non applicable

Availability of lecturer(s)

In case of queries, please contact riina.koris@ebs.ee

Other

THIS COURSE IS EQUIVALENT TO OTHER COURSES IN INTERNATIONAL MARKETING AT THE WU. PLEASE MAKE SURE TO REGISTER FOR ONE OF THESE ONLY.

Regular attendance in class is mandatory, particularly in the first session, as groups will be formed etc. All information subject to change!

 

Unit details
Unit Date Contents
1 April 16

14:00-19:00

TC.4.16

Overview of assignment and submission details;  
The decision whether to internationalize

NB! Read case Dating at IKEA China: An Unexpected Management Challenge and Hunter Boots by our first class

Dating at IKEA China: An Unexpected Management Challenge;

Hunter Boots

2 April 18

09:00-14:00

TC.3.08

Deciding which markets to enter; analysing the external marketing environment: PEST analysis (Political, Economic, Social, Technological factors)

Cirque du Soleil

3 April 21

14:00-19:00

D2.0.392

Market entry strategies;

Designing the global marketing mix

Jarlsberg;

 

Linie Aquavit

 

4 April 22

15:00-20:00

TC.3.11

Designing the global marketing mix

 

Danish Klassic

 

5 April 24

09:00-14:00

TC.3.08

Group Presentations

 

Last edited: 2020-01-22



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