Professional Documents
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Subject Outline
Global Marketing
(The content of this outline is subject to change according to Lecture rs’ requirements)
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A. Subject Details
B. Subject rationale
In the context that companies are always facing challenges and changes in the business
environment, for example, customers are becoming more and more unpredictable, technology is
developing rapidly and requires timely response, the continuing trend of globalization and the
diversity of the global culture, etc... This requires companies to possess high adaptation skill,
proactive coping and flexibility to maneuver between the domestic and international business
environment.
This subject will equip students with the knowledge and learning methods to acquire the above
skills, in order to build effective tactics and strategies that are suitable for the company's own
context, including: understand international business context, identify challenges and
opportunities, position the brand in the competitive global context, propose the optimal solution
on coping strategies. In addition, this module also provides basic standards and forms close to
the international marketing situation to improve professional skills suitable for export-related
industries.
C. Subject content
This subject focuses on the nature of the international marketplace and the problems and
decisions facing managers of international marketing. It is comprehensive and practical covering
marketing goods and services across national boundaries, as well as within different national
markets. Major topic areas covered are the international marketing imperative, analysis of
foreign environments, development of international marketing strategies (STP) and the
implementation of marketing programs (4Ps) across different nations and within nations.
I. Subject Objectives
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2. Analyse and evaluate global issues and describe concepts relevant to all international
marketing activities
3. Develop relevant management skills for planning and expanding activities in global markets.
4. Develop and enhance critical thinking skills, in relation to foreign market assessment,
through structured analysis and synthesis of data sets on two country markets, and through
justified decision making via the selection of a specific country market.
5. Develop and enhance skills to work in a group / team
Knowledge
1. Develop awareness of the different socio-cultural, economic and geopolitical environments
in which global marketing strategies and programs are conceived and applied, including
ethical issues and sustainability in the international marketing context.
2. Analyze and evaluate global issues and describe concepts relevant to all international
marketing activities
3. Develop relevant management skills to plan and expand marketing activities in the global
market.
4. Develop and enhance critical thinking skills (related to foreign market assessment) through
structured analysis and synthesis of market data sets of any two countries to decide the
international market to enter
5. Present problems and presenting marketing ideas under the impact of International
Marketing in English.
6. Practice communication, learning and research independently and in groups.
7. Practice job management and time management.
Attitude
1. Strive seriously and enthusiastically in learning.
2. Share and acquire resources between class members including the faculty.
3. Open to apply new methods and skills.
4. Open to explore and willing to learn from practical experience.
5. Link between personal goals and learning goals.
6. Demonstrate capability in written and oral communication and analytical skills in a
marketing context.
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Lecture Learning Activities Schedul
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Lecture 1 Chapter 1: Introduction to international marketing. Week 1
(Students form assignment groups of 4 students)
(1) Case Study 1.3: Apple Vs Samsung: The Battle for Smartphone
Supremacy heats Up
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Lecture 2 Chapter 2: The Global Economic Environment Week 2
Chapter 3: The Global Trade Environment
(2) Case Study 2.1: India’s Economy at the Crossroads: Can Prime
Minister Narendra Modi Deliver Acche Din?
Lecture 3 Chapter 4: Social and Cultural Environment Week 3
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Physical Distribution
Note: The above schedule is tentative. Kindly advise your Lecture to have the final one.
Prescribed textbook
Green, M. C., & Keegan, W. J. (2020). Global marketing. Pearson Education Limited.
Additional reading materials:
1. Fletcher, R., & Crawford, H. (2013). International marketing: an Asia-Pacific perspective.
Pearson Higher Education AU.
2. Czinkota, M. R., & Ronkainen, I. A. (2013). International marketing. Cengage Learning.
3. Schwab, K. (2018, November). The global competitiveness report 2018. In World Economic
Forum (Vol. 671).
IV. Assessments
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in class Finished all assigned home
works
Homework
preparation and
ability to
participate in class
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V. Assessment Instructions
I/ Participation (10%):
Participation result is based on both quantity and quality of your class participation.
Attendance (10%) For every time you miss attendance ((either Lecture or Tutorial) or unable to
answer when being called upon (without legitimate reason) you will be deducted 1 mark. If you
are absence with legitimate reason, you need to notify me by email/ on person immediately and
bring evidence to avoid penalty.
Engagement: For every time you volunteer to make a valuing contribution in class or online (in
the form of question, discussion, comment, sharing, joining activities…), you will be awarded
0.25 mark. This is counted by session/ activities so repeated participation on the same activity
will be count once only. For every time you fail to complete excise in class you will be deducted
1 mark.
Requirement:
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As a group of 3-5 students, you are required to prepare a report for Wood and Wood products
company to market its products internationally by comparing the opportunities and threats of
TWO country of your choice in order to market your product in.
Structure:
The plan should include the following sections and sub-sections as a minimum:
2. Introduction (2 marks)
Provide the reader with an understanding of the purpose of the project, its scope and structure –
sections and sub-sections. Name the Vietnamese company and the two countries you are
analysing. Do NOT talk about the company or the countries in details in this section.
4. Country and Product Market Attractiveness (12.5 macro environment factors + 12.5 macro
environment factors)
Assess the dynamic and competitive nature of the product market within the 2 countries of your
choice. In order to do this, you should undertake a macroenvironmental analysis and then
undertake a detailed micro-environmental (market) analysis of the chosen product market.
Assess the macro environment of the chosen country as follows:
Political environment: including stability (index) and security, safety, crime rate, corruption
(transparency).
Foreign relations/trade: Is the country open for foreign relations and trade? Trade barriers,
regional economic integrations / treaties.
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Social and cultural environment: population size, Ethnicities, religions, lifestyles,
Hofestede’s cultural dimensions, product (in)compatibility with cultural norms or religious
rules, and so on.
Economic: including economic strength, stability, GDP/GDP per capita, distribution of
income and wealth, forecasts, affluence, purchasing power, inflation, currency value.
Technological: including infrastructure and industrialisation/ development level of country,
manufacturing, telecommunications.
Agricultural (if applicable): Is the country’s environment / climate suitable for farming the
product ?
5. Market (Country) Selection with Justification and Opportunity Statement (20 marks)
Briefly outline the major opportunities and threats in the chosen country, which will mainly
come from summarizing the above points (macro and micro analyses) (for example:
competitors may be weak in an area and you may find it necessary to fill in the gap or you
could be satisfying latent needs).
Compare the opportunities and threats.
Why do you recommend your company to enter the chosen country? This should be based
on creating a fit between the company and the country.
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6. Marketing Objectives (for the country you have chosen) (5 marks)
Marketing objectives are usually derived from an assessment of the capabilities of the
business and market opportunities. These should be specific, measurable, achievable,
realistic, and time framed.
What market share do you aim to achieve?
Are you aiming for long/short term marketing, large/small scale marketing?
What are your target market segments? Where can you find them?
How will you position your product (based on competition and target
segment)?
Please take note that you may have a combination of entry strategies depending on the situation.
Your chosen entry strategy must be linked to your analysis of the macro and micro environment
of the country and marketing objectives.
8. Executive Summary (a conclusive statement) (5 marks) (not included in the word count):
This summary is normally 1-1.5 pages long, encompassing:
a. Overview of the report.
b. Key findings from your analysis about the two countries: opportunities, threats, nature of the
market, etc.
c. A summary of your major recommendations and key outcomes: recommended and justify
country to enter, marketing objectives, and entry strategy with brief justification based on the
findings.
9. References (11 marks - including grammar, clarity of expression, presentation, and use of
tables / graphs (demand for the product over the last few years,brands)(not included in the word
count)
• Use about 10 formal/ legitimate references.
• The nature of this assignment will demand the use of reports about the company, industry, and
country. Peer-reviewed journal articles are also relevant, especially for the entry strategy section.
• Use Harvard style referencing.
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If you don’t submit the required evaluation, 2 points will be deducted from your final report
grade, so read the rest of this carefully. When completed, include the form in your final report.
COMPLETED FORMS SHOULD BE SUBMITED ON THE FINAL REPORT DUE
DATE.
STATEMENT OF AUTHORSHIP
We each certify that our own contribution in the attached material is original work and that we
have no knowledge of an act of plagiarism committed by any member of this group. We declare
that no other person's work has been used without due acknowledgement. Except where we have
clearly stated that we have used some of this material elsewhere, it has not been presented by us
for examination in any other course or Subject at this or any other institution.
We understand that we are subject to student discipline processes in the event of an act of
plagiarism by us. We understand the nature of plagiarism to include the reproduction of someone
else's words, ideas or findings and presenting them as our own without proper acknowledgement.
Further, we understand that there are many forms of plagiarism which include direct copying or
paraphrasing from someone else's published work (either electronic or hard copy) without
acknowledging the source; using facts, information and ideas derived from a source without
acknowledgement; producing assignments (required to be independent) in collaboration with
and/or using the work of other people; and assisting another person to commit an act of
plagiarism.
Academic Integrity
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Academic integrity means being honest in academic work and taking responsibility for learning
the conventions of scholarship. Academic misconduct includes improper referencing, plagiarism,
copying and cheating. You should familiarise yourself with your responsibilities in relation to
Academic Integrity and if you have any questions, direct them to your Course Coordinator.
Questions arising from the assessment can be raised during Lecture time or email your tutor. If
you have specific problems regarding group work or group members please discuss these with
me as early as possible.
The Library has many valuable physical learning resources and workshop that can help you with
your study. Students should get to know the physical Library environment and register for class
to learn on Referencing (Endnote) and Research Skill.
Disclaimer: The information provided in this Course Outline is correct at time of publication. In
the unlikely event that any changes are deemed necessary, they will be communicated clearly via
e-mail and a new version of this will be circulated.
Version: 2
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