Global Marketing Strategy 53:630:515 -
3 credits –Fall 2001
Dr. Carol Kaufman-Scarborough - Business
and Science 219
Tuesdays and Thursdays, 4:30 to 5:50 pm, BSB
336
Office Hours: Tuesday and Thursday 3:00 - 4:30
and by appointment
Prerequisites: Marketing Management 630:508 (No Exceptions!)
Course Description/Objectives
This course attempts to prepare you for the 21st Century
and become an effective manager overseeing global marketing activities
in an increasingly competitive environment. We will be taking a strategic
approach reflecting the growing importance of global corporations.
Global Marketing is a dynamic area with critical events happening continuously
around the world. Our key areas are as follows:
| * A conceptual overview
of global marketing. What are the main concepts and buzzwords?
* How to find reliable sources of international trade law * Targeting and segmenting global markets. * Global product development * Global Advertising * Pricing in Global Markets * Retailing and E-Commerce * Case studies of major firms that illustrate and build skills in these topics |
The objective of the course is to develop your knowledge and understanding of the global marketing environment and of concepts, and tools and theory that will prepare you to take responsibility for successful global decisions in your organization. The perspective of the course is managerial; i.e. the ability to identify opportunities, resolve problems, and implement solutions and programs. Each night's class meeting will introduce you to several concepts used in Global Marketing, relating these to managerial decisions throughout the world.
It is recognized that many of you are busy professionals with career and possibly family obligations. If you must miss part of a class, it is preferable that you attend a partial session if possible. Please inform me of any expected absences. Many of your companies are likely to be involved in some area of Global Marketing, or you may be interested in pursuing a career in international trade at some point in your career. Please feel free to raise company issues and individual interests in class.
Text: Global Marketing Management, Second Edition,
by Masaaki Kotabe, Temple University, and
Kristiaan Helsen, Hong Kong University of Science
and Technology. This text has been chosen for its comprehensive
information, presented in a readable, accurate fashion. The authors have
built an informative Web site that we will use often in class.
READ! You are expected to stay up to date on current
global marketing topics. An excellent site is found at:
http://www.cnn.com/WORLD/
You should also read the Wall Street Journal’s International sections on a daily basis. You can access them via the library’s web site at: http://www.libraries.rutgers.edu/rul/indexes/biz/biz.shtml. Click on “Dow Jones Interactive”, followed by clicking on “Business Newsstand”. Clicking on “Browse this paper” will take you to pull-down menus allowing you to retrieve daily international news. Access is easiest through direct Rutgers dialup. If your company’s web site cannot be used with this system, use your Rutgers student account to access this service.
Communications
1. My office at school is Business and Science 219. I am generally in on class days. Please leave a message or call my home office if you need to reach me in an emergency. If you need an appointment and cannot make these office hours, please see me to schedule another time. Email is the fastest way to reach me.
2. Telephones: Rutgers Office Phone: 856.225.6592
Rutgers Fax: 225.6231
Home Office Phone/Fax: 856.429.1045 (ans. machine,
late calls ok)
Cell phone/Voice mail: 856.577.8767
E-mail: ckaufman@camden.rutgers.edu
E-mail is the best way to reach me. You all have email
accounts available to you, and you will need to use your account for this
class. You will be sent class notes, questions, and schedules via
email periodically throughout the semester.
Specifically, the course will build on your expertise in business, my expertise in international research, readings, films, and class discussions to build strong analytical skills for global evaluation. The text and text web site contain several cases involving well-known corporations and their global strategies. Specific cases and/or exercises will be considered. Class participants will be expected to be up-to-date in class readings and make connections between current world events with topics discussed in class. You are encouraged to bring in examples that you have found, observed, or experienced in your own careers or personal lives.Teaching Methodology
In short, our job this semester is to equip you with several tools in Global Marketing and provide you the opportunity to exercise these skills in class discussions, class exercises, and case analysis. These skills include: the use of several specific Web sites providing a wealth of international information, the adaptation of traditional marketing research techniques to international settings, the detection of subtle differences in cultural behaviors, the diagnosis of appropriate business behaviors in other cultures, the use of the nuts and bolts of export documentation, and the technical understanding of trade barriers.
Grading Policies: The contribution of each assignment
to the final grade is:
| Contribution | When? | |
| Participation | 10% | Every night |
| Midterm Examination | 20% | October 11 |
| Global Products Roundtable | 20% | October 16, 18 |
| Case Presentation and Discussion Leadership |
25% |
One week following your assigned night as discussion leader |
| Final Exam | 25% | NOTE: 2-5 pm Friday, December 14th |
| Total | 100% |
Class Participation
Class participation
is encouraged and sought. You are most likely participating in businesses
that have some strategic connections to the global markets; some of you
are resident experts on some specific global area. Perhaps you have
some background experience, whether culturally, legally, managerially,
etc. This is your class and you should make it as interesting as
possible.
Case discussions are a particularly important component of your grade. You are expected to read the case in advance and prepare comments, linking the case discussion to concepts and frameworks presented in class.
In terms of grading, it is assumed that everyone starts out in the middle. Negative participation (disruption, sleeping, reading, etc) detracts from everyone's time; points will be deducted, rather than added for these types of behaviors. Thus the range of class participation grades is from -10 through +10. This can substantially affect your grade.
Classroom
Policies/Expectations
Academic Dishonesty
Policy: Cheating in any form will result in a grade of "F" being
submitted in this course. Cheating is just that: it cheats
YOU of learning and understanding the material covered in class.
Testing: You are expected to be in class at the scheduled exam times. The instructor MUST be notified IN ADVANCE if you are unable to take an exam on time. Make-up tests are given only in the case of an extreme emergency or serious illness. Substantiation will be required.
Incompletes and Problems: If you find that you are having trouble completing course work or need further explanation of class topics, please schedule an appointment with the instructor. If you need this class for graduation, you should be sure that your performance is up to standard throughout the course. It is TOO LATE to wait until the last week of classes to ask for help. Office hours are held throughout the ENTIRE semester for this purpose. "Incompletes" will only be given through prior consultation with the instructor, under extreme circumstances.
Class attendance is
expected; scheduling make ups and/or copying class notes ARE YOUR RESPONSIBILITY.
Films and in-class handouts are part of the course material, and are considered
eligible for inclusion on class exams. On occasion, class attendance
will be taken during the course of the class - such information will be
used in the grading process.
| Week | Topics - Tuesdays | Topics - Thursdays |
| 1, Sept 4, 6 | Introduction, C. 1&2, Protectionism, Global organizations, Multinational markets | Financial environment,
C. 3
Asian financial crisis, monetary changes, euro |
| 2, Sept 11, 13 | C. 4, Culture is a
major influence on marketing variables, ABCD paradigm
McDonald’s Global web site |
Culture and the marketing
mix. Begin DowBrands Ziploc case for discussion
Do consumer usage and appliance ownership differ? |
| 3, Sept. 18, 20 | C. 5, How can political
systems and legal requirements affect the marketing mix?
C. 9, Identifying market entry preferences (p. 309) |
Using and interpreting sources of international trade law on the Internet. |
| 4, Sept 25, 27 | C. 6, Global Marketing Research: secondary and primary data, what kind of information is needed? What is reliable information? Where can I get it? Kinds of marketing research techniques to use? | C. 7 Market segmentation
Continue discussion
of Dow Ziploc case
|
| 5, Oct. 2, 4 | C. 8, Industry Globalization Drivers (p. 254) Regionalization and emerging markets, SWOT | C. 11 and 12, Global
product development
Read Fruit Magix example |
| 6, Oct. 9, 11 | C. 11 and 12 (continued) Global Branding. Campbell Soup example – see web site. Discuss Global Product Roundtable | Midterm |
| 7, Oct. 16, 18 | Global Product Roundtable
– Session I
Presenting your examples |
Global Product Roundtable
– Session II
Presenting your examples |
| 8, Oct. 23, 25 | C. 13, Global Pricing
issues
Price escalation, price transparency, pricing with weak and strong currencies |
C. 14, Communications
Begin Case: Tilting Windmills - Sanex |
| 9, Oct 30, Nov 1 | C 14 (continued)
Advertising, promotion
|
C, 15 Personal selling-
How does culture affect the ways that people think about personal selling?
About women in business? Expatriates? What are the roles of salespeople
in Country X? How do they sell?
Finish Case: Tilting Windmills - Sanex |
| 10, Nov. 6, 8 | Discussion
First Case Session: Starbucks |
Second Case:
Anheuser Busch International
Third Case: Pepsi One |
| 11, Nov. 13, 15 | C16, Retailing and
Distribution
How do people buy in Country X? |
C. 19 E-commerce in Global Markets |
| 12, Nov. 20 | Retailing and E-commerce, continued | No Class, Happy Thanksgiving |
| 13, Nov. 27, 29 | Discussion
Fourth Case: Wal Mart Operations in Brazil |
Fifth Case:
AOL Goes Far East
Sixth Case: Gap Inc. |
| 14, Dec. 4, 6 | C. 17, Export and
Import Management
Developing an exporting strategy: using tariff and non-tariff barriers. How is an export market chosen? |
Exporting and Importing (continued) What skills do we have in the chosen markets? Wading through the exporting documents and understanding idiosyncracies |
| 15, Dec 11, 14 | Dec. 11 – Last class
Review and preparation for final |
Final Period,
Friday, Dec. 14, 2-5 pm Final Examination |
Recommended Web
sites
(NOTE: URL’s
current 8/23/01)
1. Read
current issues from the controversial WTO: http://www.wto.org/
2. The
International Trade Commission: http://www.usitc.gov/
3. The
United Nations: http://www.un.org/
4. The
UN’s school site: http://www.un.org/Pubs/CyberSchoolBus/index.html
5. Keep up to date
on changes in tariffs and nontariff barriers. Here’s one of the best
sites to use from the Trade Information Center at the U.S. Dept of Commerce.
Tariff and Country Information sections are informative: http://www.ita.doc.gov/td/tic/
6. World
Factbook online, found at: http://www.odci.gov/cia/publications/factbook/index.html
7. Current
and historical maps provided by U of Texas: http://www.lib.utexas.edu/maps/index.html
8. Atlapedia
presents both maps and statistics: http://www.atlapedia.com/
9. Cultural
studies: http://globaledge.msu.edu/ibrd/busresmain.asp?ResourceCategoryID=17
10. Translations can
be deceiving: http://babelfish.altavista.com/translate.dyn
11. Business languages
can be specific: http://www.businessspanish.com/
12. A country example:
Japan: http://www.jetro.go.jp/
13. This site will
take you to government, laws, and media from the country’s point of view.
Found at: http://www.politicalresources.net/
14. Business guidance
section of FTC: http://www.ftc.gov/ftc/business.htm
See the section on
the definition and use of “Made in the USA”
15. http://www.bxa.doc.gov/
-
Bureau of Export Administration
16. Where to find
regulations and technical information: http://www.mac.doc.gov/
17. The European Union,
found at: http://www.europa.eu.int/
18. NAFTA, the North
American Free Trade Area, at: http://www.mac.doc.gov/nafta/menu1.htm
19. CEFTA, the Central
European Free Trade Area, at: http://www.cefta.org
20. MERCOSUR, Southern
Cone Free Trade Area: http://www.mercosur.com/
21. Let’s consider
a familiar company, Campbell Soup, and learn about its various global products
See the “Campbell Around the World” section found at:
http://www.campbellsoup.com/center/around_the_world/default.cfm
22. Examine McDonald’s
Web site to learn how they have adapted their retail stores. Sites
are listed by
country. Found at: http://www.mcdonalds.com/
23. Global E-commerce
- Go to shop in your local language: http://www.landsend.com/cd/frontdoor/
24. Go to “Choose
a country”: http://www.gateway.com/index.shtml
25. Advertising Age’s
Global web site: http://www.adageglobal.com/
26. Exporting information
on The Tradeport Web site: http://www.tradeport.org/ts/
27. A Basic Guide
to Exporting at: http://www.tradeport.org/ts/trade_expert/infobase/basic/index.html
28. Finding An Overseas
Representative:http://www.tradeport.org/ts/trade_expert/strategy/rep/eval.html
Global Products Roundtable
Relevance and Skill-Building: A difficult and much-needed skill in Global Marketing is the ability to discover and to think about consumers' and organizations' needs in different cultures, to interpret those needs into products, and to market those products in ways which are meaningful to their target markets. This investigation asks you to put yourself in the place of the foreign consumer, encountering your product for the first time.
Go to a shopping area that specializes in the native tastes of some ethnic group OTHER THAN YOUR OWN that you are interested in studying. Local areas include Chinatown in Philadelphia and other ethnic neighborhoods. There are shops throughout South Jersey which also specialize in certain ethnic products, such as Indian, Polish, Korean, etc. Class members who are not from the United States may instead report on an unfamiliar U.S. product encountered in the local market.
1. Find/buy a product which you cannot identify; write down your first impressions of what you think the product is made of and what it is used for. (Bring it to class for discussion.).
2. What cues are there on the product? If it is packaged, what information can you find? If it is not packaged, did the store signs give you any information? What information would you want as a consumer?
3. Describe what section of the store your product is placed in, i.e.: describe what products were near it. (If you can not recognize these products, describe what they look like).
4. Attempt to interview store management or one of the retail clerks to find out what the product really is (you may not always be successful in this attempt!) If you fail to find out, please select another product whose identity can be explained to you.
5. After finding out
what the product is, consider whether or not the product would be marketable
in the United States (OR IN YOUR HOME COUNTRY). Place yourself in
the role of the product manager who is searching for products to import
to the United States (TO YOUR HOME COUNTRY). Be prepared to describe why
or why not you would want to proceed with this product:
a. Give the pros and
cons
b. Tell if the product
would be standardized, adapted, or completely changed
c. Discuss the
types of data that you would want in order to make your presentation
to management. Remember, your decision is simply a preliminary call
whether to
proceed with a market investigation!!
6. Be sure to include all this information in your report. Be prepared to speak about 5 minutes on what you found.
7. Please hand in the product to me with your paper. I will return them to you, unless you want to donate them to future classes. Please indicate your choice on your paper.
In order to stimulate discussion and gain experience with global concepts, six in-class cases will be discussed on assigned nights. Each class participant will be assigned to a Discussion Team for one of the assigned cases. NOTE: This is not a traditional case presentation. Instead, it is a teaching case, in which you are required to use appropriate course tools and Web sites in teaching the class HOW to solve the case. Simply presenting your analysis is not enough.
1. As Discussion Team members, you are responsible for the following:
a. Reading the case thoroughly, and preparing a 5-minute summary of the case, to be presented to the class with overheads. Be clear and direct; do not just repeat the case.
b. Leading the discussion, developing a set of discussion questions that involves the class. That is, your grade depends on how well you stimulate the class to work through the solution. Be creative! Use questions, matrices, Websites, role-plays, etc. in covering the following areas. Remember, there are certain key points that each case is designed to teach and to illustrate. You need to figure out what each case is attempting to teach and which skills are to be learned.
1.) Central Problem:
Define clearly and concisely the basic problem in the situation.
2.) Analysis of
Situation: Use the information and facts provided in the case to analyze
the situation: the
market, demand (buyer) competition, company strengths and weaknesses.
3.) Secondary
Data: Identify, justify, and use five sources of information that you
feel are the most
useful and appropriate. Show the class how you did it. Involve them
in learning how these work!
Be sure that the class knows how to find them.
4.) Identify
Alternative Strategies: Based on the analysis in 2, identify possible
alternative strategies
to cope with the problem defined in 1. Involve the class in evaluating
the pros and cons.
5.) Course of Action:
Get the class involved in a discussion of recommended courses of action.
Recommend a course
of action comprising recommendations concerning marketing goals, strategies,
organizational changes, budgets, further research if needed, etc. which
you would consider most appropriate to solve the problem identified, taking
into consideration the analysis you have presented. Include some specifics
regarding how the recommendations may be implemented.
c. You are responsible for bringing the class to closure on the case. I will take the perspective of the Board, who will evaluate your analysis.
2. Each group must prepare a one-page outline of your presentation to be distributed to the class at the time of the presentation. In addition, prepare 10-15 page (approximately) overview of the case, covering the points listed above and citing the references that you used. This is due one week following your presentation. Use executive summary style. Additionally, include a section describing how your Discussion Team planned to create class discussion and what the key global concepts were that you wanted to teach. Did you accomplish your goals? This should be handed in the week following your role as discussion leaders, so that you can incorporate the comments of the class and the overall discussion success/failure.
You have 40 minutes to complete the Discussion. If you go overtime, you will have to stop. It is your responsibility to keep discussion on track.
Name _______________________________________ Global Marketing Strategy Fall 2001 – DUE SEPT. 11th
1. You will be assigned
to work with a Discussion Team for your case presentation. Each group may
have a maximum of 5-6 persons. Suggested group members:
2. Please circle your personal preference for the Product Roundtable
Tuesday, October
16th
Thursday, October 18th
3. Please indicate
your top three preferences for your case, where 1 is best, 2 is second
best, and 3 is third best.
_____
November 6th: Starbucks (in text)
_____
November 8th: Anheuser Busch International (in text)
_____
November 8th: Pepsi One (on web site)
_____
November 27th: Wal Mart Operations in Brazil (on web site)
_____
November 29th: AOL Goes Far East (in text)
_____
November 29th: Gap Inc. (on web site)
4. Best way
to reach you:
Tel: _________________________________
Email: _________________________________
Email: _________________________________
Fax: _________________________________
5. Other Marketing
Courses taken in the past?
6. Other Marketing
Courses being taken this semester?
7. Country
of origin? Global experience?
8. What are
your goals for this course? Is there any skill in particular that
you would like to acquire?
9. What would
you like to learn in this class? Any specific topics of interest?
10. Employment?__________________________________________________
11. Is your company
involved in global business? _________________________
12. Any expected
absences?? ________________________________________________