MBA521: Transnational Marketing
Credit Hours:
3
|
Estimated Hours Per Week:
15
|
Overview
This course focuses on the three most vital decision areas facing the international marketer: foreign entry, local marketing abroad, and global strategy coordination. Actual business cases are used to illustrate real-world transnational marketing problems and how companies have solved them. Students will investigate a wide range of related topics including:
- Foreign entry modes
- Local versus global marketing
- Standardization of products and services
- Global promotion and e-commerce
The course project is a Country Feasibility Study: Determining Feasibility and Marketing Strategy for a Product or Service in a Foreign Market. Students will develop a formal recommendation to a company as to whether further plans to enter a specific foreign market should be pursued, an appropriate market entry strategy, and a plan for entering the market.
Course Learning Objectives
Upon successful completion of this course, students will be able to:
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Analyze the attractiveness of a foreign market in terms of demand potential, competitive advantage, and entry barriers.
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Identify the best entry mode and the organizational resources required for entry.
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Recognize and be sensitive to cultural differences.
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Assess the benefits and drawbacks of standardizing products or services across countries
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Develop and implement transnational strategies in pricing, distribution, and promotion.
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Evaluate the impact of the Internet on present and future transnational marketing strategies.
Required Texts
MBA521 texts are available from the JIU/Follett Bookstore
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