Global Marketing Strategy: Hammad Ashraf

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Global Marketing Strategy

Lecture 1
Hammad Ashraf
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Global Marketing Strategy


Marketing

Specialization Course. Master of Business Administration (3 years) Master of Business Administration (2 years) Master of Business Administration (1.5 years, 2 batches) Consultation Hours:
Wednesday; 11:00 a.m. 1:00 p.m.
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Introduction

Global marketplace:
McDonalds restaurants, Sony TVs, Nokia cell phones, Swatch watches, Caterpillar earthmoving equipment.

Globalization versus local markets:


Whirlpool and Electrolux facing competition from Haier Group in China.

Competition is changing the local markets. Emergence of global brands.

Introduction

Globalization; the sense of identity with a particular country is becoming blurred:


Which brands are Japanese, or American, or Korean or German? Does a Big Mac taste the same everywhere in the world? Your toll free call to technical support staff or airline customer service center is answered somewhere else. Era of e-business and e-commerce.
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Introduction
Following

World War II, the era of international trade started. Firms taking global marketing seriously for survival:
Losing domestic markets to competitors with lower cost, more experience and better products. Global marketing strategy focuses its resources on global market opportunities and threats.
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Objectives
To get a practical and theoretical overview of global marketing in todays market place. To enable students to develop a thorough understanding of global marketing theory and key concepts. To enable students to understand the international differences in consumer behavior.

Objectives
To understand the challenge of managing and delivering high quality service to customers in a cross-cultural context. To understand Global marketing strategies from a developed countries and developing nations perspective. To develop appreciation of strategies and plans for a mix of international and global economies.

Objectives
To

develop a knowledge and understanding of vocabulary associated with global marketing strategy in different types of economies, organizations and market situations. To create an awareness of processes, context and influences associated with global marketing strategies.
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Course Structure
Five

credit hours workload. Workshop based course. Lectures. Case Studies. Articles. Industry Project. Group Discussions & Exercises.
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Course Structure
Lecture:

Basics of global marketing theory(30 minutes).


Case

Study:

Application of global marketing strategy (60 to 75 minutes).


Article:

Issues and topics in Global marketing strategy (60 to 75 minutes).


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Assessment
Class

Tests Class Participation Research Project Final Examination

20% 30% 20% 30%

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Case Studies & Articles


To

show the practical application of concepts. Linking the other core areas of business with global marketing strategy. Collective wisdom of the class is much higher as compared to that of an individual.
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Class Tests
The

criteria mostly ignored by the students. Conducted randomly throughout the semester. Have major impact on the students grade. Can be multiple choice questions, case studies or structured questions.
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Class Participation
To

participate in intellectual discussions in the class (with a focus on case studies and articles). Criteria; attendance, participation in the class, level of motivation and positive behavior of the student. The case study and articles discussion will constitute major portion of the participation.
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Group Project
To

conduct research in the area of global marketing. To develop a global marketing strategy of a firm operating in Lahore. Project is to be presented in last week. Details to be provided in the lecture.
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Final Examination
Final

examination will be conducted in final week and will include all topics covered during the course. It will include questions from case studies and articles. Will be a combination of MCQs, structured questions and case studies.

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Grading System

A 85 100 % A80 84 % B+ 75 79 % B 70 74 % C+ 65 69 % C 60 64 % D+ 55 59 % D 50-54 % F Below 50 % Unofficial withdrawal Incomplete or Fail Official withdrawal W
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Getting Higher Grades


Weekly

group meetings to complete class assignments, case studies, articles and projects. Maintaining full attendance in class and actively and positively participate in class. Positive and healthy attitude on the campus. Weekly individual/group meetings with the Instructor regarding academic issues.
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Resources & Readings


Warren j. Keegan, & Mark C. Green, (2011), Global Marketing, FourthEdition. Articles provided in the lecture. Jeannet, J and Hennessey, H. (2000) Global Marketing Strategies. 5th revised edition. US, Houghton Mifflin.

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Resources & Readings


Chee,

H and Harris, R. (1997) Global Marketing Strategy. London, Pitman. Keegan, W. and Schlegelmilch, B. (2000) Global Marketing Management: A European Perspective. Prentice Hall.

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Contact Details

Although students are encouraged to discuss the academic issues with the Instructor in University, following contact details are provided in case required:
Mobile phone: 0333-5757857 E-mail: [email protected]

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The End.
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