10104180Global Marketing
Course Information
Description
Most businesses today have some international exposure in the form of global customers, suppliers, or other stakeholders. The global marketplace is a dynamic, complex, and diverse environment. Businesses require employees who have solid global competence to navigate this interconnected landscape. This course explores how marketing strategies, along with personal actions, are managed and adapted for success in different cultural, economic, geographic, and political environments around the world.
Total Credits
3
Course Competencies
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Investigate economic, geographic, legal, political and technological environments in which global marketing strategies are formulated and implementedAssessment Strategiesby preparing an insights analysisby completing online chapter practice assignmentby completing a discussionon the marketing plan projectCriteriainsight analysis shows ability to articulate core concepts in own words including the global marketing task, complexity of the dynamic global marketing environment, and global population trendsonline chapter practice assignment practiced until 100% accuracy is achieveddiscussion includes a summary of a current news story that involves a specific global marketing topicmarketing plan includes an environmental scan of economic, geographic, legal, political, and technological elements using credible sources of information
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Investigate the cultural environments in which global marketing strategies are formulated and implementedAssessment Strategiesby preparing an insights analysisby completing online chapter practice assignmentsby completing a cultural case study discussionon the marketing plan projectCriteriainsight analysis shows ability to articulate core concepts in own words including definition of culture, an understanding of ethnocentrism, and where to find credible informationonline chapter practice assignment practiced until 100% accuracy is achievedcase information is well-researched using credible sources (as identified and practiced in class), well-written and well-organizedcase information is directly related to the topiccase information is relevant and interestingmarketing plan includes a customer profile that explains key cultural information and associated customer needs
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Examine product and service strategies in a global marketing environmentAssessment Strategiesby preparing an insights analysisby completing online chapter practice assignmenton the marketing plan projectCriteriainsight analysis shows ability to articulate core concepts in own words including standardization, adaptation, and the use of customer needs to adjust product/service featuresonline chapter practice assignment practiced until 100% accuracy is achievedmarketing plan includes product and service strategies that are clearly linked to customer needs
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Examine marketing communication strategies in a global marketing environmentAssessment Strategiesby preparing an insights analysisby online completing chapter practice assignmentson the marketing plan projectCriteriainsight analysis shows ability to articulate core concepts in own words including basic considerations for the promotional mix in global context and when customization or standardization are appropriateonline chapter practice assignment practiced until 100% accuracy is achievedmarketing plan includes promotion and communication strategies that are effective for target market
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Examine distribution strategies in a global marketing environmentAssessment Strategiesby preparing an insights analysisby completing online chapter practice assignmentsby completing a distribution and logistics case study discussionon the marketing plan projectCriteriainsight analysis shows ability to articulate core concepts in own words including basic logistical considerations in a global contextonline chapter practice assignment practiced until 100% accuracy is achievedcase information is well-researched using credible sources (as identified and practiced in class), well-written and well-organizedcase information is directly related to the topiccase information is relevant and interestingmarketing plan includes effective logistics strategies for the products and services offered that are effective for target market
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Examine pricing strategies in a global marketing environmentAssessment Strategiesby preparing an insights analysisby completing online chapter practice assignmentsby completing a pricing case study discussionon the marketing plan projectCriteriainsight analysis shows ability to articulate core concepts in own words including understanding global currency and exchange ratesonline chapter practice assignment practiced until 100% accuracy is achievedcase information is well-researched using credible sources (as identified and practiced in class), well-written and well-organizedcase information is directly related to the topiccase information is relevant and interestingmarketing plan includes effective pricing strategies that are appropriate for target market
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Explore issues related to ethics and social responsibility of global firms and international marketing practitionersAssessment Strategiesby preparing an insights analysisby completing online chapter practice assignmentsby completing an ethics and corporate social responsibility case study discussionCriteriainsight analysis shows ability to articulate core concepts in own words including global ethical considerations, corporate social responsibility, and United Nations Sustainable Development Goalsonline chapter practice assignment practiced until 100% accuracy is achievedcase information is well-researched using credible sources (as identified and practiced in class), well-written and well-organizedcase information is directly related to the topiccase information is relevant and interesting
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Complete a comprehensive marketing plan according to supplied template.Assessment StrategiesWritten ProductMarketing PlanCriteriaMarketing plan includes an executive summary with all required informationMarketing plan includes a current situation analysis with all required informationMarketing plan includes an environmental scan with all required informationMarketing plan includes customer profile with all required informationMarketing plan includes marketing strategies tactics covering all elements of the marketing mix that are clearly linked to target customer needsMarketing plan is well-researched using credible sources, well-written and well-organizedMarketing plan references information from credible data sources as identified and practiced in class