PES Institute of Technology – Bangalore South Campus Department of MBA Lesson Plan Semester – IV Subject Code: 12MBAMM418 Subject Title: INTERNATIONAL MARKETING MANAGEMENT Faculty Name: NAGABHUSHANA No of Hours / Week: 4 Mod No Se ssi on No . 1 1 1 2 1 3 1 4 1 5 Contents Table -1: Session Plan Pedagogic al Tools Presentati ons Framework of international marketing: Definition – scope and challenges Difference between international marketing and domestic marketing The dynamic environment of international trade – transition from domestic to international markets Orientation of management and companies Global e-marketing: The Death of Distance, communications, Targeting the individual Total no of Lectures: 56 IA Marks: 50 Marks Exam Hours: 3 Exam Marks: 100 Assignment s/ Additional Work Student Learning Evaluation Technique Cumulati ve Coverage PPT 2 PPT 3 PPT 5 PPT 7 PPT 9 1 6 1 7 2 8 2 9 2 10 2 11 2 12 2 13 2 14 2 15 customers, Relationship marketing, interactivity, Speed to market, living in an age of technical discontinuities New technologies change the rules of competition, components of the electronic value chain. Developing a global vision through marketing research: Breadth and scope of international marketing research Problems in availability and use of secondary data – problems in gathering primary data Multicultural research – a special problem Research on internet – a new opportunity – estimating market demand Problems in analyzing and interpreting research information – responsibility for conducting marketing research Communicating with decision makers. Identifying foreign markets – classification based on demand Classification based on the stage of development – other bases for division of world markets Social and Cultural Environment: Basic aspects of society and culture, Approaches to cultural factors, Impact of Social and Cultural Environment on Marketing Industrial and PPT PPT 10 Test on Assignment concepts s will be through given from scenario previous QP building/cas e study 12 14 PPT 15 PPT 17 PPT 19 PPT 21 PPT 22 PPT 24 PPT Assignment s will be given from previous QP Test on concepts through scenario 26 Consumer Products. 3 16 3 17 3 18 3 19 3 20 3 21 3 22 4 23 4 24 4 25 4 26 4 27 4 28 Global marketing management – planning and organization Global perspective – global gateways Global marketing management – an old debate and a new view Planning for global markets – alternative market entry strategies Organizing for global competition Products for consumers in global markets – product development – product adaptation Product standardization – marketing of services – green marketing and product development Products and services for consumers: Quality – products and culture Analyzing product components for adaptation– marketing consumer services globally Brands in international markets Products and services for businesses Demand in global business to business markets – quality and global standards Business services – trade shows' crucial part of business to business marketing Relationship markets in business to business context building/cas e study PPT 28 PPT 29 PPT 31 PPT 33 PPT 35 PPT 36 PPT Test on Assignment concepts s will be through given from scenario previous QP building/cas e study 38 PPT 40 PPT 42 PPT 43 PPT 45 PPT 47 PPT Assignment s will be Test on concepts 49 given from previous QP 5 29 5 5 5 30 31 32 5 33 5 34 5 35 5 36 6 37 6 38 6 39 6 40 Licensing, Strategic Alliances, FDI: Introduction, Licensing, Strategic Alliances, Manufacturing Subsidiaries Entry Modes and Marketing Control, Optimal Entry Strategies Global Distribution Introduction, Distribution as Competitive advantage, Rationalizing Local Channels, Wholesaling, Retailing, Global Logistics, Parallel Distribution, Global Channel Design International retailing International expansion of retailers – international retailing defined – retail format PPT 50 PPT PPT PPT 52 54 56 PPT 57 PPT 59 PPT 61 Test on Assignment concepts s will be through given from scenario previous QP building/cas e study Variations in different markets – general merchandise: retailing – issues in international retailing Pricing decisions: Global Pricing Framework, Pricing Basics, Marginal Cost Pricing and its importance, Transfer Pricing, Counter trade Systems Pricing, Pricing and Positioning, price quotation INCO terms – preparation of quotations through scenario building/cas e study 63 PPT 64 PPT 66 PPT 68 PPT 70 6 41 6 42 6 43 7 44 7 45 7 46 7 47 7 48 7 49 Promotion Decisions Promotions – international advertising – sales promotion in international markets International advertising – direct mailing – personal selling Exhibition – generic promotions in international marketing. Recent trends in India's foreign trade: Institutional infrastructure for exports promotions in India India's trade policy – exports assistance – exports documentation and procedures including Different stages of documentation Globalization in India, Opportunities, Constraints and Initiatives India - A Hub for Globalization, Globalization in India - Post Liberalization, India’s Strengths, Strategies for Sustainable Competitive Advantage, Potential for Made in India, Major Globalization Initiatives from Indian Companies, WTO Regulations and their implications for India Undesirable effects of globalization, Government Initiatives needed to foster globalization PPT 71 PPT 73 PPT Test on Assignment concepts s will be through given from scenario previous QP building/cas e study 76 PPT 79 PPT 82 PPT 85 PPT 87 PPT 90 PPT Assignment s will be given from previous QP Test on concepts through scenario 92 building/cas e study 8 50 The future of global marketing: Six major changes in global marketing PPT 8 51 The future of global marketing: Six major changes in global marketing PPT Case Study 52 Monitoring performance and evaluating deviations, challenges of strategy implementation PPT 95 Test on Assignment concepts s will be through given from scenario previous QP building/cas e study Case study solving 97 100 Evaluation Techniques Case study would be evaluated on the understanding of the student about the problem being discussed. Students would be expected to apply the theoretical concepts to solve the problem. Students are required to give multiple solutions to the problems and select a solution and justify as to reasons for chosen that as the best solution. Students would also be evaluated on their contribution to the discussions. A. Mod No Sl.No. 1, 2, 3, 4, 6 1 1, 2, 6, 7 2 Table – 2 References & Additional Readings Particulars Title: International Marketing Author: Cateora, Graham Publication: Tata McGraw Hill Edition: 12, 2005 Title: International Marketing Author: Varshney, Bhattacharya Publication: S Chand 1, 2, 8 3 5, 6 4 5 5 6 6 7 7 Edition: --Title: Global Marketing Management Author: Warren Keegan Publication: Pearson Education/PHI Edition: 7 Title: Global Marketing Author: Johny K. Johannson Publication: Tata McGraw Hill Edition: 4 Title: International Marketing Author: Dana – Nicoleta, Lascu Publication: Biztantra Edition: 2003 Title: International Marketing Author: Francis Cherunillam Publication: HPH Edition: 7, 2004 Title: Global Marketing Strategies Author: Jean-Pierre Jeannet Publication: Biztantra Edition: 6 Table – 6: (IA Pattern) Test Marks Presentations Assignments 60% 20% 20% For Internal Evaluation T1 marks and the best out of remaining two will be considered. 1st Test is mandatory. Question Bank Three Marks Questions 1. What is generic promotion? Give two examples 2. What is the difference between licensing and franchising? 3. What is the difference between international market and global market? 4. What do you understand by low context and high context cultures? Give example for each 5. Why is packaging important for international marketing? 6. What is cultural universal? 7. What is continuum approach to understand environmental sensitivity? 8. What are the trends in global marketing? 9. What do you mean by licensing? 10. What do you mean by FOB in international trade? 11. What are INCOTERMS? Give three examples 12. What is the difference between licensing and franchising? 13. What do you mean by the term "back translation"? 14. What is multiculture research? 15. Define the term parallel import. 16. What do you mean by BOP? 17. What is meant by sourcing in global marketing? Give two examples Seven marks questions 1. What is green marketing? What are its implications on product development in international market? 2. Explain the concept of franchising in international marketing with examples 3. What are the factors that favour product standerdization in international marketing? 4. What are the main considerations in applying product adaptation strategy in interntional marketing. 5. How can Maslow's Hierarchy of Needs theory help in designing the products for a market? 6. What are the advantages of international marketing? 7. What is a consortia? What are its uses? 8. What are the challenges of international promotion? 9. Explain the differences between domestic and international advertising. 10. Explain the differences between domestic and international marketing. 11. Explain any two of Counter Trade, transfer pricing and Costing pricing 12. What are the major challenges faced by the researcher while gathering primary data for international marketing research. 13. Briefly explain the planning process adopted in international marketing. 14. What are the major barriers for a company to enter global markets for consumer services? 15. Briefly explain the role of trade shows in business-to-business marketing. 16. Write a note on India - a hub for globalization 17. What are the major constaints for advertising in international marketing? 18. What are the environmental factors affecting intenational trade. 19. What are the problems in gathering primary data in global marketing research? 20. What are export houses and their different categories? 21. Describe the need for warehousing in international distribution. Ten marks questions 1. As a marketing executive, describe the guidelines to organize a trade show with examples. 2. What are the different market entry strategies adopted by international marketers. 3. Discuss the protectional and promotional aspects of packaging for international markets 4. What is the effect of social and cultural environment on selling industrial and consumer products? 5. Explain the different phases of going international? 6. Explain in detail any two models of entry followed in international marketing. 7. Marginal cost pricing is the frequently adopted strategy for entering international pricing. Put forth arguments for and against this issue. 8. Briefly explain the different international orientations of a company. 9. Explain the process of marketing research in international context. 10. What are the three major components of a product? Discuss their importance in product adoptation 11. What are the major documents required for exporting goods to foreign countries? 12. What are the pricing objectives normally considered bu global marketers? 13. Marginal cost pricing is the frequently adopted strategy in international pricing. Put forth arguments for and against this issue. 14. What are the criteria for classifying world markets?
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