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MBA IN INTERNATIONAL BUSINESS INTERNATIONAL MARKETING MANAGEMENT COURSE SYLLABUS AND WORKPLAN Supervisor and Lecturer Irena Vida, Ph.D., Professor of Marketing E-mail: [email protected] Credits The International Marketing course is worth 2,5 credits 1. Course Content This course is designed to provide you with a framework within which international marketing operations can be analyzed, understood, and undertaken. We will recognize in this course that most business issues addressed in the cross-cultural context are somewhat similar to those firms implicitly or explicitly face in their domestic operations. The main differences between domestic and cross-cultural/multinational operations are usually matters of degree, variation, and complexity of controllable (e.g., marketing mix elements, management issues) and uncontrollable forces (i.e., various aspects of the national and socio-cultural environments). Given the intense nature of this class, the emphasis is on understanding diverse cultural, social and economic contexts in which consumption practices occur, and on translating this knowledge into actionable marketing strategies and practices. 2. Course Objective and Intended Learning Outcomes The main learning experience in this course is placed on international marketing decision-making with respect to products/brands and marketing communications. Students successfully completing this course will be able to: Apply knowledge paradigms in international marketing to gain insights into similarities/differences across cross-cultural markets and their marketing implications. Gain an understanding of international marketing effort related to market entry and marketing mix strategies. Demonstrate an appreciation for designing and managing in international marketing programs in consumer markets. Identify, interpret and evaluate information sources related to consumer marketing with the emphasis on the use of information technologies (Internet). 3. Teaching Methods/ Background readings Through interactive class discussions, pre-course readings, in-class exercises and assignments, class materials (videos, cases, reading materials) and independent research participants will expand their knowledge and build competencies required in international marketing management. 4. Class Environment In the interest of providing meaningful learning experience and creating an exciting class environment, students' thoughtful participation is expected, whereby pre-course class-reading materials, students' own experiences and ideas are to be shared, and relevant issues and questions raised in class. Considering the intensive nature of this module and heavy emphasis on class discussion and interaction, the attendance of all sessions is essential. 5. Student Learning Assessment Grade distribution is based on the following activities: Class Participation and Preparation (read the CASE study before the course) 20% PRE-CLASS assignment - Individual work (Assignment due before the course begin) 20% *POST-CLASS Team project (guidelines will be provided in the course) 60% or ** Post-class Individual Reflective paper (guidelines will be provided) 60% *for students taking the course as a mandatory subject ONLY - submissions deadline will be set in the course ** for participants taking this course as an elective ONLY (executive management, etc) 6. Course Reading Materials a) Pre-class reading materials (provided prior to the course in an e-form): TEXT: Johny K. Johansson (2009). Global Marketing: Foreign Entry, Local Marketing, and Global Management, 5th Edition, McGraw-Hill/ Irwin. The text is available free of charge on the internet. Selected chapters only: Ch 1, Ch3, (Ch4), Ch 7-8, Ch 12-13, Ch 16. CASE STUDY: Adapted from Amine, L.S. (2011). The Not-So-Wonderful World of EuroDisney- Things Are Better Now at Disneyland Resort Paris In Cateora, P. R., Gilly, M.C. & Graham, J.L. International Marketing, 15th Disneyland Resort Paris ed. McGraw-Hill Irwin. b) Lecture notes prepared for this course will be available prior to each class session c) Other Recommended Readings (not in the Course Readings packet; available per request): Usunier, J-C. & Lee, J. A. (2009). Marketing Across Cultures (5th ed.- International Edition). Harlow, England, Prentice Hall Financial Times, Pearson Education. Deresky, Helen (2014). International Management: Managing Across Borders and Cultures (8th or 7th ed.- International Edition). Upper Saddle River, NJ, USA, Chapters 3-4. Peter, J. P. & Olson, J,C. (2014). Consumer Behavior and Marketing Strategy, Madison, WI, USA: IrwinMcGraw De Mooij, M. (2011). Consumer Behavior and Culture: Consequences for Global Marketing and Advertising. Second Edition. Sage Publications. De Mooij, M. & G. Hofstede (2010). The Hofstede model - Applications to global branding and advertising strategy and research, International Journal of Advertising, 29(1), 85-110. 7. Workplan Time frame Lecture Topic- Description Activity/Material 10 days before the course Course Reading materials available to students Detailed guidelines for Pre-class assignments are provided CLASS DISCUSSION: Marketing Strategies in global environment. Issues in cross-border (international, global) Marketing International market opportunity analysis Country/Market selection and Market Entry Modes CLASS DISCUSSION: Management of Standardization vs. Adaptation Approaches International Marketing Strategy and Effective Cross-cultural Communications. Conceptual Framework. Communication and organizational culture Prepare pre-class assignments Read the course readings/materials DAY 1: February 3rd morning 9.00 am – 1.00 pm DAY 1: February 3rd afternoon 2.00 pm – 5.00 pm Course and participants introduction Business cases and examples Class Discussion CASE STUDY DISNEY IN FRANCE AND HONG KONG Read Amine (2011) reading BEFORE the course DAY 2: February 4th morning 9.00 am – 1.00 pm DAY 2: February 4th afternoon 2.00 pm – 5.00 pm DAY 3: February 5th morning 9.00 am – 1.00 pm CLASS DISCUSSION: • Cross-cultural Consumer Behavior as an input into localization of the marketing mix – Product development decisions; Product/Service Positioning & Marketing Communications CLASS DISCUSSION: • Integrated Marketing Communication. Advertising and Promotional Strategies in cross-cultural markets. CLASS DISCUSSION: Navigating Competing Forces of Globalization and Localization in the future. In-class discussion Convergence vs Divergence of world cultures? • Business cases and examples • Pre-class Assignment Discussion • Team work • Work on Team Projects. Team Project. Q & A. • Project Consultations. 8. Course Assignments A- INDIVIDUAL PRE-CLASS ASSIGNMENT – to be submitted PRIOR to the course beginning by ALL participants in the course – regardless whether this course is taken as an elective of not This course requires individual preparation prior to the beginning of the course – due to its intense module nature. First, participants are expected to have read the following case study to be able to participate in the class discussions: CASE written by Amine, L.S. (2011). The Not-So-Wonderful World of EuroDisney- Things Are Better Now at Disneyland Resort Second, the participants must prepare (individually) a written analysis on advertising across cultures (2-3 pages) and submit it to the instructor via e-mail 24 hours before the beginning of the first class ([email protected]) AND as a hard-copy on the first day of class. Your e-documents should be saved in Word and titled “YOUR LAST NAME Assignment IM 2016”. Your e-mail Subject line to the instructor should read: “IM MIB 2016”. CROSS-CULTURAL ADVERTISING ANAYLSIS – WRITTEN PRE-CLASS ASSIGNMENT GUIDELINES The purpose of this assignment is to make you think about the strategic and tactical issues involved in international marketing management prior to the course start. Since the participants may have various managerial experiences on this topic, the assignment is focused on issues that any consumer can relate to. First, select a product category1 (or a product, service, brand) you wish to focus on and then find advertisements for this product category in two different cultures or different national country markets. The two advertisements (preferably in print/still images) may come from a local and/or international source, your own culture and/or other cultures (e.g., from a German/Italian magazine, newspaper, newsletter, the Internet, etc). While any two advertisements from different cultures featuring your selected product/service offering would do, it is recommended that you focus on culturally distant two markets (countries) or on culturally more sensitive products to ensure that you can adequately respond to the questions below. Please SUBMIT 1-2 page WRITTEN REPORT addressing the following questions that will be elaborated in the class: 1. Ad analysis: First present and describe the story or the content of each of the two advertisements and provide sources of each ad (.i.e, citation and date of publication). 2. Culture specificity of the Ads: Compare and contrast the two ads with respect to the SYMBOLS used in your ads and the IMAGES communicated. Do these symbols and images carry the same meaning across different cultures? What overt or covert cultural traits are reflected in your two advertisements (such as symbols, colors, cultural artifacts, persons, national/ regional cultural characteristics? 3. Product analysis: Looking in the way the same product is presented in each of your two country advertisements, would you say the product/service FEATURES desired by consumers in the different country markets the same? Are the USAGE conditions for the product/service similar/different across the two cultural markets? Should you decide to use video advertisements rather than still images, then you must bring your own tablets/computers to class to discuss the ad with the assigned group of students. You may wish to refer to Johansson’s (2009) textbook (Chapters 16- 17) for further information on marketing communications across cultures. 1 Product category can be as broad as e.g., soft drinks or as specific as a carbonated drink, or a specific brand such as Coke, Illy, Ikea, etc. – your choice. B- POST-CLASS ASSIGNMENTS – two options depending on the status of course participant (mandatory vs. elective course). Guidelines will be provided on the first day of class. a) Participants taking this course as a mandatory program subject: they will develop a team project essay by applying theoretical concepts on the course and submit it to the instructor by the deadline b) Participants taking this course as an elective course: Attendance of the last – 5th session is NOT necessary. Instead of team project presentation, they will write a short reflective essay (cca. 700-1000 words long paper) on how the topics in this course can be applied to their own management realities. LEARNING OBJECTIVE: After the core-module students should be able to demonstrate awareness of key managerial frameworks that apply to international marketing processes and activities, knowledge of why they can be useful, and some practice responding to them in ways that can lead to efficacious outcomes in international marketing management. Lecturers’ profile Irena VIDA, Ph.D., Professor of Marketing Faculty of Economics, University of Ljubljana, Slovenia Irena Vida, Ph.D. (1997) University of Tennessee (UT) Knoxville, USA, held a tenuretrack post at the University of Wisconsin-Madison, USA, prior to joining the Faculty of Economics University of Ljubljana (FELU), Slovenia. Between 2003- 2007 she served as a chair of Department of Marketing at FELU. Since 2012 she has been in charge of the Master program in Marketing at FELU. She teaches courses related to the international aspects of Marketing Management, Global Consumer Behavior and Crosscultural Communications at FELU. She has been an international visiting professor at the University of Economics and Business Administration in Vienna, Austria since 2000, and a visiting professor at ESCPEuropean School of Management in Paris, France in 2004-2014. In addition to Austria and France, she regularly offers courses at other European universities and higher institutions of learning, including Italy, Germany, Finland, Bosnia, Croatia and Macedonia. She has taught at various universities in the USA such as the University of Wisconsin-Madison (WI), Virginia Tech (VA), University of Tennessee (TN) and most recently at the University of Northern Colorado (CO). Dr. Vida is involved in consultancy and project work with domestic and international companies, and conducts incompany management training courses in various sectors, including insurance, retailing, pharmaceutical and fast-moving consumer-goods (e.g. Triglav, Mercator, Krka, Illy, Generali). Professor Vida’s research focuses on application of behavioral theories and models in cross-cultural settings and on organizational and strategic issues in international business and marketing. She published articles in top international academic journals such as the Journal of International Marketing, International Marketing Review, International Business Review, Journal of Business Ethics, and regularly presents her current research at various conferences in Europe, USA and in Asia. She received international research and teaching awards, and gained research funding and grants at the national and EU level. She holds memberships in American Marketing Association, the European Marketing Academy (EMAC), the European Association of International Business (EIBA) and Academy of International Business (AIB-USA).