1. Prerequisites: Marketing Management 630:508 (No
Exceptions!)
2. Course Description/Objectives: The objective of
the course is to develop your knowledge and understanding of the global
marketing environment through key concepts, and tools, and theory.
The course challenges you to think critically about global competition.
Specifically, the course is designed to provide you with (a) familiarity
with the problems and perspectives of marketing across national boundaries
and within foreign countries; (b) an understanding of consumer similarities
and differences outside the home country; (c) the analytical ability to
make marketing decisions concerning all parts of the marketing mix (product
development, branding, promotion, pricing, and distribution); (d) competence
in researching trade laws and regulations in other markets; (e) knowledge
of global analytical frameworks and tools; and (f) an understanding of
the current strategies of major global firms.
3. Attendance: Class attendance and preparation are
expected. You should be prepared for every class. If for some reason
you are not prepared, please let me know before the start of the class.
This saves us both the embarrassment of my calling on you. I plan
to open every class by asking someone to summarize major topics of the
day. Please inform me of any expected absences. It is likely that
many of you are busy professionals with career and possibly family obligations,
so please keep me informed.
4. “Resident Experts”: Many of your companies are
likely to be involved in some area of Global Marketing, and an area we
are discussing may be your area of expertise. Others may be interested
in pursuing a career in global marketing. Please feel free to raise company
issues and individual interests in class.
5. Readings
Text: Global Marketing Management, Third Edition, Masaaki Kotabe and
Kristiaan Helsen (2004), New York: Wiley. This text has been
chosen for its comprehensive information, presented in a readable, accurate
fashion. Selected case studies are available on the text web site:
http://jws-edcv.wiley.com/college/bcs/redesign/student/0,,_0471230626_BKS_1783____,00.html
Supplemental Readings: Online reserve readings and class handouts.
6. Communications
A. My office at school is Business and Science 219.
B. Office Hours: Tuesday 2:00 to 3:00 pm, Tuesday and Thursday: 4:30
to 5:30, and by appointment.
C. E-mail: ckaufman@camden.rutgers.edu
D. Cell phone with voice mail: 856-577-8767
Rutgers Office Phone: 856.225.6592
7. Teaching Methodology
The course will build on your expertise in business using readings,
films, and discussions on global marketing topics. The text contains
several cases involving well-known corporations and their global strategies.
You are encouraged to bring in examples that you have found, observed,
or experienced in your own careers or personal lives. Each night
we’ll have case discussions, class exercises, and videos.
8. Fast Facts: Here are some global web updates and sources that provide current information.
Want to know the latest information about a country? http://www.odci.gov/cia/publications/factbook/index.html
Want to know what the “Big Mac” index is all about? http://www.economist.com/markets/bigmac/
What’s new with the EU? http://www.europa.eu.int/index_en.htm
Want to know how to interact with persons from another country? http://www.executiveplanet.com/community/default.asp
Want to know what McDonald’s serves in other countries? http://www.mcdonalds.com/
Want to know what Campbell Soup sells in other countries? http://www.campbellsoupcompany.com/around_the_world.asp?cpovisq=
Want to know how many people are using the Internet in a specific country? http://www.internetworldstats.com/
Want to know if your ad will REALLY translate into another language?
http://babelfish.altavista.com/translate.dyn
9. KEEPING UP TO DATE:
As MBA students, you are responsible to keep up to date on business practices around the world. Rutgers has provided many ways for you to have cutting-edge information through various sources at no additional cost to you.
1. Business Resources at Library: http://www.libraries.rutgers.edu/rul/indexes/biz/biz.shtml
a. Business and Industry Database – this is one of the best links to
trade and global information. Keywords are accessed through a series
of pull-down menus.
b. Business Insights: provides over 100 full-text strategic management
and market analysis reports on selected industry sectors: Consumer Markets,
Healthcare, Energy, Financial Services, and Technology.
c. Business Source Premier: academic and trade articles
d. Factiva: access to current articles from The New York Times,
The Wall Street Journal, The Economist, Financial Times, and the South
China Morning Post. Hint: Go to “News Pages” and use the pull downs
to get the International topics.
e. LexisNexis Academic: wide range of articles.
f. Marketline: Business Information Center – detailed and current company
and industry reports, SWOT analyses
2. Syllabus on my web site. The links on the web site have been
tested and used. These are reliable sources that contain accurate data:
http://crab.rutgers.edu/~ckaufman/
Grading Policies: The contribution of each assignment
to the final grade is:
Participation and Readings - 10% Every class
Market Opportunity Paper - 20% October
13th – class discussion and group writeup due
NOTE CHANGE OF DATE!!!!!!!
Global Products Roundtable - 20% October 27 – class discussion and individual writeup due
Discussion Case
- 30% Your assigned night
20% - Presenting group report
10% - individual audience member reports
Final Exam
- 20% December 22 - Part will be take-home.
________________________________________________________________________
Total
- 100%
Groups: Groups will be formed the first night of class. Each group will be made up of a number of students, and will work as a unit throughout the semester. Groups are responsible for the Market Opportunity paper and one Discussion case to be presented in class. Both require short group reports.
Cases: Each group is required to lead a class discussion of the pre-assigned case. Operationally, each group will present its summary with a focus on the course topic(s) to the class, and then encourage the class members to participate in critical discussion and debate on the topic(s). The group may use PowerPoint, transparencies, handouts, and/or any other presentation materials that will facilitate understanding of the topic. Please turn in a hard copy of your presentation material to me at the beginning of the class. The presenting group will be evaluated based on 1) its presentation of the case and 2) its ability to lead class discussions. Class members will turn in a two-page typewritten summary of the case.
In other words, by the end of the semester, each group will have presented one assigned case and written a total of five two-page case summaries.
Assigned Readings, Models, Concepts, Readings
Session 1 - Sept 1: Introduction, Overview of course, form
groups
Use of Library resources and reserves: Wal-Mart SWOT on Marketline,
using online library databases
Discussion of first assignment: “Market Opportunity Analysis”
C. 1&2: What is global marketing? What is globalization? Global organizations, Multinational markets, Protectionism and Cooperation
Readings:
Levitt, Theodore, “The globalization of markets,” Harvard Business Review, May/Jun83, Vol. 61 Issue 3, 92 – 101.Video: Breathe Right, Chinese ExpansionTedlow, Richart and Rawi Abdelal (2003), “Historical Perspective: Levitt Shaped the Debate,” HBSWK.
Ernst and Young Report: Promoting Entrepreneurship and Investment in the Emerging Markets
Cavusgil , S. Tamer (1997), "Measuring The Potential of Emerging Markets : An Indexing Approach,”
Business Horizons, January-February, Vol. 40 Number 1, 87-91.
Session 2 - Sept 8: Cultural, political,
and legal systems
C. 4, Culture is a major influence on marketing variables. How do norms,
values, beliefs, roles, customs, rituals, and artifacts affect behavior?
How are consumers the same, and how are consumers different? What are cultural
universals?
ABCD Paradigm – what are the parts of the model?http://www.executiveplanet.com/community/default.asp
Meaning of colors, Marketing in Islamic Context
High and Low Context Countries
Hofstede’s classification
C. 5, How can political systems and legal requirements affect the marketing
mix? Where can my company find trade regulations on a Country-by-Country
basis? Suppose that my department needs to investigate labeling laws
in Brazil. What language is required, what information must be provided,
where should labels be placed? Tariff and nontariff barrier chart.
http://www.ita.doc.gov/td/tic/
Readings:
Raju, P.S (1995), “Consumer behavior in global markets: the A-B-C-D paradigm and its application to eastern Europe and the Third World.” Journal of Consumer Marketing, Vol. 12 Issue 5, p2-23.Le Guay, Peter (2003), “The regulation of advertising to children in Australia,” in Advertising & Marketing to Children,” World Advertising Research Center, January–March 2003, 63-67.
Nill, Alexander, John A. Schibrowsky, and James. W. Peltier (2004), “The Impact of Competitive Pressure on Students’ Ethical Decision-Making in a Global Setting,” Marketing Education Review, 14 (1), 62-73.
Video: Middle Class in Vietnam; Coca Cola in Japan
Prepare: Marketline on Coca Cola
Session 3 - Sept 15: Political and Legal Environment
(continued), Global Marketing Research
How is political risk assigned? What other types of risk are
there?
Prepare Discussion Question 2, p. 173
http://globaledge.msu.edu/ibrd/marketpot.asp
C. 6, Global Marketing Research: secondary and primary data, what kind of information is needed?
Secondary research: What is reliable information? Where can I get it?Prepare: Which countries have the most telephones? What’s wrong with these measures?
Primary research: Research techniques to use? Statistical analogies. Funny Faces Scale.
Readings:
Ewing, Michael T., Albert Caruana, and George M. Zinkhan (2002), “On the Cross-National generalisability and Equivalence of Advertising Response Scales Developed in the USA,” International Journal of Advertising, 21, 323-343.Video: Colgate-Palmolive in Mexico (primary research on laundry behaviors)Ernst and Young report: “The Path to Success for Retailers and Consumer Brands in China”
McDonald’s Global Strategies : How does McD’s know what products
to offer, how to design their stores? Take a look at
http://www.mcdonalds.com/
Prepare: Marketline on McDonald’s
Session 4 - Sept 22:
C. 7 Market segmentation and types of positioning approaches
1. Segmenting consumers within a market – Chinese p. 214C. 8, Industry Globalization Drivers
2: Grouping countries into segments - page 207, cluster analysis (appendix)
3. Identifying segments of similar consumers across country boundaries – Universal/global segments
4. Does the “gray market of senior citizens” exist in all countries? P. 215
Prepare: What is the life expectancy in Burkina Faso? In South Africa?
http://www.odci.gov/cia/publications/factbook/index.html
5. Positioning/segmentation strategies
Readings:
Kumar, V. and Anish Nagpal (2001), “Segmenting Markets: Look before you leap.” Marketing Research, 8-13.Video: General Mills organization by productErnst and Young “Promoting Entrepreneurship and Investment in Emerging Markets”
Discussion Case: Starbucks – all read and discuss
Can consumers be segmented in their coffee drinking patterns?
SWOT analysis of Starbucks
Session 5 - Sept 29
C. 9, Identifying market entry preferences.
Logical Flow Model (P. 266); Opportunity matrix (p. 268) Entry modes
(p. 270)
http://globaledge.msu.edu/ibrd/marketpot.asp
Readings:
Farrell, Diana (2005), “Are You Ready to Go Global?” HBSWK.C. 10 Sourcing – interface between Marketing and Management.Bordier, Anne (2003), “Global Retailing: Why China tops the IGD Market Index,” IGD Research.
Videos: Subway in Global Markets, VW in Mexico
Session 6 – October 6
Market Opportunity Evaluation Due - Discussion
Reading:
Silverthorne, Sean (2005), “The Rise of Innovation in Asia,” HBSWK.Discussion Case: The Gap
Lagace, Martha (2005), “The South Asian Consumer Market: How Big is the Potential?” HBSWK.
Session 7 – October 13: Global Products and Global Brands
C. 11 and 12, Global product development.
Analytical product models, tests; New Product Screening Model; Conjoint Analysis; Country of origin – does it really matter? How can it affect product success or failure? Is it possible to create global brands? In attempting to do so, what can be standardized? Branding and country of origin effects. Name changeover strategies.Campbell Soup example: http://www.campbellsoupcompany.com/around_the_world.asp
Discuss Global Product Roundtable – diffusion characteristics.
Readings:
Aaker, David A. and Erich Joachimsthaler (1999), “The Lure of Global Branding,” Harvard Business Review, November-December, 137-144.Videos Dasani Failure – could it have succeeded in the U.K.?Quelch, John (2003), “Will American Brands be a Casulty of War?” HBSWK, April 21, 2003.
Session 8 - Oct 20: Financial issues, Pricing in Global Markets
C. 3 Financial environment:
Asian financial crisis, monetary changes. The Big Mac Index. Effects
of recession on consumer strategies (p. 82). Has the euro been a
success?
http://globaledge.msu.edu/ibrd/CurrencyConverter.asp
C. 13, Global Pricing issues
Price escalation, price transparency, weak/strong currencies.
Anti-dumping regulations. Countertrade. IKEA’s pricing strategy.
Reading:
Simmons L.C. and R.M. Schindler (2003), “Cultural Superstitions and the Price Endings Used in Chinese Advertising,” Journal of International Marketing, 11 (2), 101-111.Discussion on pricing and packaging for markets in financial uncertainty
Session 9 - Oct 27 : Global Product Roundtable
Reading: Lagace, Martha (2003),”Candy in bags and other U.S. Oddities,” HBSWK.
Discuss innovation characteristics
Video: Bringing Dat’l Do It Sauce to Japan
Session 10 - Nov. 3: Communications and Advertising in Global Markets
C 14 Communications
Specific encoding when communicating with consumers in various countries, media regulations. Advertising, promotion, adaptation, pattern advertising. Can an ad be truly global? Advertising to children. Are discount coupons allowed in all markets? How about product promotions such as giveaways?Kidon Media Link provides access to global media:
Reading:
Jeong, Jaeseok, Marye Tharp, and Huhn Choi (2002), “Exploring the missing point of view in international advertising management,” International Journal of Advertising, 21, 293-321.Video: Advertising examples; advertising regulations – relate to Malaysia example p. 437.
Session 11 - Nov 10
Guest Professors’ Week Presentation
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? What has your experience been? What makes you comfortable/uncomfortable in interacting with persons in a business meeting? In a social situation?Video: Bribery
Session 12 - Nov. 17: Personal Selling and Retailing in Global
Markets
C16, Retailing and Distribution
How do people buy in Country X? Given that, how should we sell? What is the retail industry like in different markets? What conditions, laws, and traditions affect our market entry?Video: KFC classic
Session 13 - Dec. 1: Retailing and E-Commerce in Global Markets
Finish Retailing in Global Markets
C. 19 E-commerce in Global Markets
How widespread is Internet use around the world? What are barriers to the ABCD model? Do all persons have delivery? Credit cards? Computers at home? How differently might you shop if you had to do so in an internet café?Readings: Ernst and Young Global Top100 Retailers
Session 14 - Dec. 8
C. 17, Export and Import Management
Developing an exporting strategy: using tariff and non-tariff
barriers. How is an export market chosen?
Review and preparation for final
Discussion Case: Wal-Mart in Brazil (Fixing the strategy)
Dec. 22 - Final Examination – 6:00 to 9:00 pm
Classroom Policies/Expectations
Come to class ready to talk about the assigned chapters and readings!
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. In terms of grading,
it is assumed that everyone starts out in the middle. Negative participation
(disruption, sleeping, reading, text messaging, 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.
Academic Dishonesty Policy: Cheating/plagiarism 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. Plagiarism is more tempting with the wealth of information
available on line. When in doubt, cite it!
Late Assignments/Testing: You are expected to be in class at the
scheduled exam and assignment times. Assignments will not be accepted later
than one week after their due date, and will receive one letter grade penalty,
unless negotiated in advance. You must notify the instructor 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 consid¬ered eligible for inclusion
on class exams. On occasion, class attendance will be taken during
the course of the class such information may be used
in the grading process.
Your team has been assigned to investigate one specific South American market for consumer laundry products. Each team will focus on a specific market: Argentina, Brazil, Chile, Colombia, Peru, and Venezuela. Your analysis must cover the points below in 4-5 pages. Please make a copy of your matrix to hand out to the entire class.
1. Introduction of your market
2. Marketing Research:
a. Use of Global Edge Market Potential Index: explain your country’s
ranking on the index. Feel free to use the secondary sources used in developing
the index in your discussion.
http://globaledge.msu.edu/ibrd/marketpot.asp
b. Information from the World Factbook.
http://www.odci.gov/cia/publications/factbook/index.html
c. Information on trade laws, tariff barriers, etc.
http://www.ita.doc.gov/td/tic/
d. You are free to include any other sources, such as Executive Planet, Marketline.
e. Produce a table like that below
| Country Information | Findings | Ranking 1 to 10 (high) |
| Market Potential Index | Index = ? | |
| World Factbook | ||
| Water | ||
| Electricity throughout country | ||
| Affordability | ||
| Trade Information Site | ||
| Free Trade Zones, Areas for Assembly | ||
| Documentation | ||
| Markings and labeling | ||
| Tariffs | ||
| Member of multinational group | ||
| Prohibited imports, regulated products | ||
| Globalization Drivers | ||
| Final Score | ||
3. Summary and recommendations. What are strengths and weaknesses of
this market? What additional information should the company obtain
before making a decision?
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 cul¬tures, 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.
First, select an ethnic group other than your own that you would like to study. Go to a shopping area that specializes in the native foods of that group. There are shops throughout South Jersey which also specialize in certain ethnic products, such as Indian, Polish, etc. Please see me if you need suggestions and/or directions provided by other students. Then follow the steps below in writing up your report. We will have an “unfamiliar products” night in class in which you will be required to speak about your experience to the class for 5-10 minutes. Please bring the product and describe it during your remarks (do not go to any unnecessary expense!). DO NOT USE POWERPOINT.
Introduction: Describe the ethnic group that you are studying, name and address of store, etc.
Body of the Report:
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. Or, use the web to find out.
Web sites like the following can help:
http://www.ethnicgrocer.com/
http://www.asiafood.org/
5. After finding out what the product is, consider whether or not the
product would be marketable in the United States. Place yourself
in the role of the product manager who is searching for products to import
to the United States. 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. Please provide a photo of the product and its labeling in an Appendix.
NOTE: This is a good assignment to invite your family or friends to participate in your search.
We will read several cases in this class. The first case will be for
class discussion. The remaining cases are “discussion cases” that will
be prepared and presented by one of our class groups, with the audience
members handing in short individuals writeups. 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 leading the class in analyzing
the case. You lead the discussion; you teach the case.
NOTE: For each assigned case, every student is responsible
to go to the Marketline online index and become familiar with the company
under discussion.
As Discussion Leaders, you are responsible for the following:
1. 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.
2. 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.
The presentation and the report must contain:
a.) Central Problem: Define clearly and concisely the basic problem
in the situation.
b.) Analysis of Situation: What tools and concepts from this
course can help us in analyzing the case? SWOT analysis for this company
related to the problem of interest.
c.) Secondary Data: Identify, justify, and use five sources of
information which 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.
d.) Identify Alternative Strategies: Based on the analysis in
b., identify possible alternative strategies to cope with the problem defined
in a. Involve the class in evaluating the pros and cons.
e.) Course of Action: Get the class involved in a discussion
of recommended courses of action.
3. 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.
What’s Due:
The Presenting group: Each group should prepare a 4-5 (approximately)
word processed over¬view of the day's case, covering the points listed
above. Tell me how you 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.
The audience members: Prepare your own individual 1-2 page (approximately) word processed over¬view of the day's case, covering the points listed above.
You have 45 minutes to complete the Discussion. If you go overtime, the class will have to stay late. It is your responsibility to keep discussion on track.
Name _______________________________________ Global Marketing Strategy Fall 2005
In order to assign Term Case Groups, I need some input from you! Please look over your schedules and the cases, and hand this in during the first class.
1. Discussion Groups: Please indicate your top three preferences for your case, where 1 is best, 2 is second best, and 3 is third best.
_____ Oct 6th :
The Gap
_____ Oct. 20th:
Danone bottled water
_____ Nov. 3rd:
Motorola: China Experience
_____ Nov. 17th:
Honda in Europe
_____ Dec. 1st:
Sanex in Europe (liquid soap)
_____ Dec. 8th:
Wal Mart Operations in Brazil
3. Suggested group members (3-4 total) – 2 group assignments,
Market Opportunity and Case
4. Best way to reach you: Tel:
_________________________________
Email: _________________________________
Email2 : _________________________________
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?? ________________