COURSE INFORMATION
Course Title: INTERNATIONAL MARKETING AND MANAGEMENT OF MULTINATIONAL ENTERPRISES
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BUS 352 D 6 3 0 0 3 6
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Teoman Duman , Prof. Dr. Teoman Duman
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Elective
Classroom and Meeting Time:
Course Description: Analysis of opportunities, distinctive characteristics, and emerging trends in foreign markets, including exploration of alternative methods and strategies for entering foreign markets; organizational planning and control; impact of social, cultural, economic, and political differences; and problems of adapting American marketing concepts and methods. This is accomplished through real life planning and implementation of an international marketing plan designed to market a product or service in a foreign country or countries.
Course Objectives: Course objectives include; understanding the challenges of international business environments with respect to marketing of brands in different countries; being able to devise international marketing strategies for companies that plan to go global and critically evaluate international company experiences with case analyses.
COURSE OUTLINE
Week Topics
1 Course introduction Chapter 1 Introduction to Global Marketing Chapter 2 The Global Economic Environment Case write-up and presentation example: Case study 1 – Case 1.2. McDonald’s (p. 53)
2 Chapter 3 The Global Trade Environment Chapter 5 The Political, Legal, and Regulatory Environments Case study 2 – Case 2.1. Venezuela (p. 60, 89) Case study 3 – Case 3.1. Global Trading Partners and Economic Growth (p. 92, 121)
3 Chapter 4 Social and Cultural Environments Chapter 6 Global Information Systems and Market Research Case study 4 – Case 4.1. Tourism in Venice (p. 126, 150) Case study 5 – Case 5.1. Western Sanctions and Russia (p. 156, 186)
4 Chapter 7 Segmentation, Targeting, and Positioning Case study 6 – Nestle in Middle East (p. 194, 223) Case study 7 – Chinese Luxury Goods Market (p. 228, 259)
5 Chapter 8 Importing, Exporting, and Sourcing Case study 8 – Export-led Growth in East Asian Countries (p. 264, 290)
6 Midterm exam
7 Chapter 9 Global Market Entry Strategies: Licensing, Investment, and Strategic Alliances Case study 9 – Starbucks (p. 294, 320)
8 Chapter 10 Brand and Product Decisions in Global Marketing Case study 10 – Google (p. 324, 355)
9 Chapter 11 Pricing Decisions Case study 11 – Global Automakers Target Low Income Consumers (p. 358, 386)
10 Chapter 12 Global Marketing Channels and Physical Distribution Case study 12 – Walmart in India (p. 392, 422)
11 Chapter 13 Global Marketing Communications Decisions I: Advertising and Public Relations Chapter 14 Global Marketing Communications Decisions II: Sales Promotion, Personal Selling, and Special Forms of Marketing Communication Case study 13 – Coca Cola (p. 426, 451)
12 Chapter 15 Global Marketing and the Digital Revolution Chapter 16 Strategic Elements of Competitive Advantage Case study 15 – Africa 3.0 (p. 488, 512) Case study 16 – Volkswagen (p. 514, 541)
13 Chapter 17 Leadership, Organization, and Corporate Social Responsibility Case study 17 – Unilever (p. 548, 576) Wrap-up
14 Final Exam
Prerequisite(s): None
Textbook: Keegan, W. J. and Green M. C. (2017). Global Marketing. 9th ed. Pearson: Essex, England.
Other References: None
Laboratory Work: No
Computer Usage: Yes
Others: No
COURSE LEARNING OUTCOMES
1 Understanding international marketing environments and their effects on global companies.
2 Comprehending marketing functions in international companies
3 Learning about how international companies use marketing to grow business.
4 Developing skills to prepare case analysis and presentation.
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Economics (3 years) Program
1 Students define the fundamental problems of economics 3
2 Students describe key economic theories 3
3 Students critically discuss current developments in economics 3
4 Students appropriately use software for data analysis 1
5 Students critically contextualize the selection of an economic problem for research within scholarly literature and theory on the topic 3
6 Students apply appropriate analytical methods to address economic problems 1
7 Students use effective communication skills in a variety of academic and professional contexts 5
8 Students effectively contribute to group work 5
9 Students conduct independent research under academic supervision 5
10 Students uphold ethical values in data collection, interpretation, and dissemination 5
11 Students critically engage with interdisciplinary innovations in social sciences 5
12 Student explain how their research has a broader social benefit 5
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
30
Presentation
1
10
Case Study
1
20
Final Exam
1
30
Attendance
10
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 2 32
Mid-terms 1 30 30
Assignments 1 20 20
Final examination 1 20 20
Other 0
Total Work Load:
150
Total Work Load/25(h):
6
ECTS Credit of the Course:
6