Credit Points: 15
Prerequisite: BK210 Market Research
Workload: 36 contact hours
Campus: Melbourne, Sydney
Aims & Objectives
This is a third-year Core Unit in the Bachelor of Business, major in Marketing. The aim of this unit is to develop students’ analytical ability to make marketing decisions and to provide students with knowledge of the tools and practices used in formulating and controlling marketing programs abroad. In addition provides students with an understanding of marketing in a global environment and to develop their skills in formulating marketing strategies that can be used in a global setting.
The unit topics include:
- The world trading environment
- Cultural and social impact on international marketing
- International marketing research and opportunity analysis
- International niche marketing strategies for small and medium sized enterprises
- Global strategies
- Marketing mix in the international market context
- Application of technology in international marketing
At the completion of this unit students should be able to:
- Examine the elements of international marketing, why it is so important to business and how it is different from domestic marketing.
- Review the influence of different international market characteristics on the behaviour of consumers
- Assess a social, political, legal and an economic analysis of a selected country and develop a preliminary international marketing plan.
- Develop effective international marketing strategies and policies.
- Evaluate how international marketing principles can be used as a conceptual framework to help managers understand and solve marketing problems.
Tutorial/Workshop: 1 hour
Learning Outcomes Assessed
|Contribution in class||a-e*||10%|
|Draft international marketing plan peer feedback (Group)||a-c*||5%|
|Final international marketing plan (Group)||a-e*||25%|
|Marketing plan presentation (Group)||a-e*||10%|
|Final Exam (3 hours)||a-e*||50%|
*refer to learning outcomes above.
Doole, I., Lowe, R., Kenyon, A. (2016), International Marketing Strategy – Analysis, Development and Implementation (7th edition), Australia: Cengage Learning.
- Czinkota, M., Ronkainen I., Brady, C., Beal, T., Stegemann, N. (2014), International Marketing (3rd edition), Cengage Learning Australia
- Fletcher, T., Crowford, H. (2013), International Marketing: An Asia-Pacific Perspective (6th edition), Pearson Australia
- Kotabe, M., Marshall, A., Ang S., Griffiths, K., Roberts R. (2013), International Marketing (4th edition), Wiley Publications
MIT is committed to ensure the course is current, practical and relevant so that graduates are “work ready” and equipped for life-long learning. In order to accomplish this, the MIT Graduate Attributes identify the required knowledge, skills and attributes that prepare students for the industry.
The level to which Graduate Attributes covered in this unit are as follows:
|Ability to communicate||Independent and Lifelong Learning||Ethics||Analytical and Problem Solving||Cultural and Global Awareness||Team work||Specialist knowledge of a field of study|
|The standard is covered by theory and practice, and addressed by assessed activities in which the students always play an active role, e.g. workshops, lab submissions, assignments, demonstrations, tests, examinations|
|The standard is covered by theory or practice, and addressed by assessed activities in which the students mostly play an active role, e.g. discussions, reading, intepreting documents, tests, examinations|
|The standard is discussed in theory or practice; it is addressed by assessed activities in which the students may play an active role, e.g. lectures and discussions, reading, interpretation, workshops, presentations|
|The standard is presented as a side issue in theory or practice; it is not specifically assessed, but it is addressed by activities such as lectures or tutorials|
|The standard is not considered, there is no theory or practice or activities associated with this standard|