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ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD
(Department of Business Administration)
Commonwealth of Learning Executive MBA/MPA Programme
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENTS BORROWED OR STOLEN FROM OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU PLAGIARISM POLICY”.
Instructions:
(a) All written assignment must be well organized, presented in an easy-to-read format, and neat. If your handwriting is not legible, type or compose the written assignment. Moreover, pay particularly close attention to grammar, spelling punctuation and understandability. Communication is extremely important in this course.
(b) Documentation is likewise very important. Un-supported statements or opinions are worth less to the reader who desires to verify your finding. Complete and specific documentation is mandatory. Also, your references should be to primary sources, except in rare unusual situation.
(c) Quoting should be kept to an absolute minimum.
Course: International Marketing (5588) Semester: Autumn 2010
Level: Executive MBA/MPA Total Marks: 100
ASSIGNMENT No. 1
Q. 1 Explain the factors which have led to the growth of internationalism and globalization since World War II. (20)
Q. 2 International marketing is the multinational process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives. How international marketing is different from domestic and global marketing? Explain with the help of examples. (20)
Q. 3 (a) Distinguish among exporting, contractual agreements, and joint ventures in terms of risk and control?
(b) Discuss the significance of strategic alliances? Under what conditions strategic alliances give best results? (20
Q. 4 As you know, countries use different techniques to restrict imports. How (a) product standards, (b) packaging, labeling, (c) product testing, and (d) product specifications, are used to limit imports in a country? (20)
Q. 5 Market segmentation is the process of dividing markets comprising the heterogeneous needs of many consumers into smaller parts or segments comprising the homogeneous needs of smaller groups of consumers. But segmenting international market is a cumbersome process. What are the bases for segmenting international market? Explain with the help of examples. (20)
ASSIGNMENT No. 2
(Total Marks: 100)
Instructions:
1. This assignment is a research-oriented activity. You are required to develop a term paper and submit to the tutor for evaluation prior to the final examination. The last date of this assignment will be notified separately by our directorate of regional services and the same will be communicated to you directly as well as through approved study centers assigned to you.
2. You will have to participate in the activity fully, actively and practically to be eligible to sit in the final examination of the course.
3. For the preparation of this assignment, you should first thoroughly review the conceptual framework of the topic and develop a scholarly material of the same giving references, quotations, and extracts of various scholars and experts. Then visit any business/commercial organization and study the relevant practical aspects there. Combining the theoretical and practical aspects, develop a comprehensive paper consisting of at least 20 to 25 typed pages to be submitted to your tutor.
(a) Introduction of the topic
(b) Important sub-topics
(c) Practical study of the organization with respect to the topic
(d) Review of theoretical and practical situations merits, de-merits deficiencies or strengths of the organization with respect to the topic under study.
(e) Conclusions and recommendations
(f) Annex, if any
4. Prepare a copy of this assignment and submit to your tutor for your evaluation.
5. You should prepare the transparencies, charts, or any other illustrative material for effective presentation.
6. If you fail to present this assignment in the class, then you will not be able to sit in the final examination conducted by AIOU.
7. A number of topics given below are the general aspects of the course and you are required to select one of the topics according to the last digit of your roll number. For example, if the roll number is N-9337241, you will select topic number 1, and if the roll number is O-3427185 then you will select topic number 5 (the last digit).
0. Pricing issues in International Marketing
1. Cultural Environment of Global Market
2. Researching Scope of Global Market
3. The scope and challenges of International Marketing
4. Multinationals Market Regions and Product Development
5. Consumer Products and China
6. Marketing Economic Development in industrialized countries
7. Global Marketing Strategies and planning
8. Regulations and Restrictions of Exporting/Importing
9. Global Advertising and Promotion Efforts
INTERNATIONAL MARKETING
Course Outline (5588)
1. Introduction to Global Marketing
Overview of Basic Marketing
Introduction to Global Marketing
The importance of Global Marketing
Management Orientations
Forces Affecting global Integration and Global Marketing
2. The Global economic Environment
An Overview of the Word Economy
Economic Systems
Stages of Marketing Development
Balance of Payments
Trade Patterns
3. The Global Trade Environment: regional Market Characteristics and Preferential Trade Agreements
The Word Trade Organization and GATT
Preferential Trade Agreements
North America, Latin America: SICA, Andean Community, Mercosur, Asia-Pacific, Western, Central, and Eastern Europe, The Middle East
4. Social and Cultural Environment
Basic Aspects of Society and Culture
High- and Low- Context Cultures
Hofstede’s Cultural Typology
The Self-Reference Criterion and perception
Diffusion Theory
Marketing Implications of Social and Cultural Environment
Training in Cross Cultural Competency
5. The Political, Legal, and Regulatory Environments of Global Marketing
The Political Environment
International Law
Sidestepping Legal Problems: Important Business Issues
Conflict Resolution, Dispute Settlement, and Litigation
The Regulatory Environment
6. Global Information Systems and Marketing Research
Information Technology for Global Marketing
Information Subject Agenda
Formal Market Research
Current Issues in Global Marketing Research
The Marketing Information System as a Strategic Asset
An Integral Approach to Information Collection
7. Going Global: Segmentation, Targeting, and Positioning
Global Marketing Segmentation
Global Targeting
Selecting a Target Market Strategy
Product Positioning
8. Sourcing Strategies: Exporting and Importing
Organizational Export Activities
National Policies Governing Exports and Imports
Tariff Systems
Key Export UNITicipants
Organizing for Exporting in the Manufacturer’s Country
Organizing for Exporting in the Market Country
Export Financing and Methods of Payment and Sourcing
9. Global Market Entry Strategies: Licensing, Investment, and Strategic Alliances
Licensing
Global Strategic UNITnerships
International UNITnerships in Developing Countries
Cooperative Strategies in Japan
Cooperative Strategies in South Korea
Cooperative Strategies in United States: Targeting the Digital Future
Market Expansion Strategies
10. Strategic Elements of Competitive Advantage
Industry Analysis: Forces Influencing Competition
Competitive Advantage
Global Competition and National Competitive Advantage
Current Issues in Competitive Advantage
11. Product and Brand Decisions
Basic Product Concepts
Global Brand Development
Product Saturation Levels in Global Markets
Attitudes toward Foreign Products
Extend, Adapt, Create: Strategic Alternatives in Global Marketing
New Products in Global Marketing
The International Product Trade Cycle Model
12. Pricing Decisions
An overview of pricing concept
Global Pricing Objectives and Strategies
Environmental Influences on Pricing Decisions
Global Pricing: Three Policy Alternatives
Gray Market Goods
Dumping, Transfer Pricing and Countertrade
13. Global Marketing Channels and Physical Distribution
Channel Objectives and Constraints
Selection and Care of Distributors and Agents
Distribution Channels: Terminology and Structure
Global Retailing
Innovation in International Retailing
Channel Strategy for New Market Entry
Physical Distribution and Logistics Management
14. Global Marketing Communications Decisions : (Advertising and Public Relations)
Global Advertising
Advertising Agencies: Organizations and Brands
Creating Global Advertising
Global Media Decisions
Public Relations and Publicity
15. Global Marketing Communications Decisions : (Sales Promotion, Personal Selling)
Special Forms of Marketing Communication, New Media
Sales Promotion
Personal Selling
Special Forms of Marketing Communication: Direct Marketing, Event Sponsorship, and Product Placement
New Media
16. Leading, Organizing and Controlling the Global Marketing Effort
Introduction to leading and organizing in the global environment
Global Marketing Management Control
The Global Marketing Control
The Global Marketing Audit
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