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27th International Summer UniversityWU (ISUWU) 2016 WU (Vienna University of Economics and Business) Course Outline Course Title Global Marketing Instructor(s) Prof. Kristiaan Helsen, Ph.D. Hong Kong University of Science & Technology, Hong Kong Language of instruction English Course level Graduate ECTS 3 ECTS Contact hours 25 contact hours (45 min. each) Capacity Max. of 25 students Aim of the course Hone skills of participants in developing and implementing global marketing strategies Learning Objectives At the end of the course students should: Acquire a good understanding of the global market environment Be able to assess market opportunities and challenges in the global market place Gain skills to develop and execute successful international marketing strategies Prerequisites and/or admission requirements General requirements are: Understanding of basic marketing principles (4 Ps, segmentation & positioning) and tools (e.g., break-even analysis) Interest in global business and cultures Teaching Methods Lectures, videos, case-studies, and presentations: interactive and dynamic classroom environment to be expected. Pre-course assignment 27th International Summer UniversityWU 2016 1 of 3 1) Reading assignments for day 1. 2) Read the Arla and TTI case studies (both posted on course website) 3) Write-up assignment for the TTI case (see separate memo sent to all participants via email latest one month before course start) Course Contents Day 1 Day 2 The global market environment & market opportunity analysis: Cultural, political & legal environment in global market place Readings: Powerpoint day 1 Short cases:1) Arla & Muslim cartoon controversy & 2) Harley Davidson in China (discussion questions at end of case) Case study: TTI – Tooling up for Asia Team assignment for day 2: Prepare a marketing mix for LG India (1-2 pages) Strategies for emerging markets: In this session we focus on marketing strategies for emerging markets Day 3 Day 4 Day 5 Readings: Powerpoint day 2 Assignment for day 3 – reflect on the discussion questions for the Havaianas case study (to be posted later) Case study: LG India Global new product development and branding. In today’s class we will focus on global new product development and product policy decisions such as branding, product line management. Readings: Powerpoint day 3 Short cases: 1) Tesla in China and 2) KFC in China Case study: Havaianas Assignment for day 4 – prepare a strategic marketing plan for Chow Tai Fook (team) Global pricing and distribution: In this class we will cover global pricing and channel strategies Readings: Powerpoint day 4 Case: Chow Tai Fook Global communication & digital marketing: In this class we conclude with global advertising and digital marketing. Readings: Powerpoint day 5 Short case: Dove in China Final exam : multiple choice questions; closed book/notes (material covers everything up to day 4) Criteria for successful completion of the course 27th International Summer UniversityWU 2016 2 of 3 Assessment Final exam: 40% Class participation: 15% Pre-Course Assignment: 15% In-Class Assignments: 15% Out-Class Assignments: 15% Course literature (textbooks, papers, ...) Recommended reading: Kotabe & Helsen, Global marketing management, John Wiley Case studies: (1) TTI – Tooling up for Asia, (2) LG India, (3) Havaianas, (4) Chow Tai Fook Short cases (online) Powerpoints (online) Course material Power Point slides Further readings suggested by the lecturer(s) Recommended websites: - Economist Intelligence Unit: http://www.eiu.com/index.asp - Bloomberg.com: Worldwide News: http://www.bloomberg.com/news/worldwide/ - CIA’s World Factbook: https://www.cia.gov/library/publications/the-worldfactbook/ - New York Times: http://global.nytimes.com/ - Wall Street Journal: http://online.wsj.com/home-page - Brand channel: http://www.brandchannel.com Comments Please note the following information on the total workload of the respective course: Course level ECTS Pre-course workload Graduate 3 33 hours 27th International Summer UniversityWU 2016 In-class activity 19 hours (= 25 teaching units) Outside of class workload during the program 23 hours 3 of 3