MARKETING IN GLOBAL ENVIRONMENT
- Course
- MRKN551 - MARKETING IN GLOBAL ENVIRONMENT
- Department
- Marketing Management - English - Master
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 8
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- Assoc. Prof. Dr. Ahmad ALJARAH
- Prerequisite
- -
Course Description
The aim of this course is to familiarize students with global competitive business environment and enhance their knowledge and skills required to successfully operate in a dynamic global market place. The course builds upon the primary concepts of marketing and will enable the students to practice applying those concepts to a global environment. The course also focuses on environmental concepts like cultural, demographic, economic, political, and legal factors as they affect a firm’s global success. The main topics include operational and transactional aspects of global marketing strategies on a corporate level. After successfully completing the course, the students will have a better knowledge about the myriad of activities required to compete outside the “home” country.
MARKETING IN GLOBAL ENVIRONMENT
Evaluation Tools (Active Term)
| Item | Type | Weight (%) |
|---|---|---|
| Final Exaqm | Final | 40 |
| Midterm Exam | Midterm | 40 |
| Presentation | Presentation | 20 |
| Total | 100 | |
Course outcomes
No course outcomes have been defined yet.
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Introduction to Global Marketing |
| Week 2 | Global Information Systems and Market Research |
| Week 3 | Segmentation, Targeting, and Positioning |
| Week 4 | Importing, Exporting, and Sourcing & Case discussion |
| Week 5 | Global Market Entry Strategies |
| Week 6 | Midterm Week |
| Week 7 | Global Marketing Mix Decisions (Product) |
| Week 8 | Global Marketing Mix Decision (Pricing) |
| Week 9 | Global Marketing Mix Decisions (Distribution) & Case discussion |
| Week 10 | Global Marketing Mix Decisions (Communication) |
| Week 11 | Global Marketing and Digital Revolution |
| Week 12 | Strategic Elements of Competitive Advantage |
| Week 13 | Leadership, Organization, and Corporate Social Responsibility |
| Week 14 | Revision |
| Week 15 | Final Exam |
Reference Books & Course Materials
- 01 Green, M. C. & Keegan, W. J. (2020). Global Marketing . Pearson. 20th ed.
- 02 Cases
- 03 Articles from journals
Learning Outcomes
- L01 Design international marketing strategies and competitive market entry approaches based on global integration forces, expansion methods, and ethical considerations, to build sustainable advantage. SOLO 5
- L01 Design segmentation, targeting, and positioning strategies together with integrated marketing communications that balance standardization, adaptation, and digital technologies for global companies. SOLO 5
- L01 Evaluate international market entry, sourcing, and global marketing mix strategies to support global business operations. SOLO 4
- L02 Analyze the global marketing environment to formulate effective product and branding decisions for diverse global markets. SOLO 4
Program Outcomes
- P01 1. Develops and deepens his / her knowledge in the field of tourism and hotel management based on his / her undergraduate qualifications.
- P02 2. Have knowledge about management and organization issues in the field of Tourism and Hotel Management.
- P03 3. Has knowledge about production management and marketing in Tourism and Hotel Management.
- P04 4. Tourism and Hotel Management, accounting and finance issues.
- P05 5. Evaluate the concepts, ideas, data, and information in the sectoral and academic fields and solve the problems.
- P06 6. Understands the interaction between disciplines related to tourism.
- P07 7. Evaluate the sectoral conjuncture and make predictions about the future, determine strategic goals and targets, plan and implement them.
- P08 8. Can prepare projects for the sector; take an active role in the programming, evaluation and execution phases.
- P09 9. Have cognitive abilities such as attention, memory, judgment and evaluation, reasoning, problem-solving and decision making, understanding, and language production.
- P10 10. Learn how to learn by learning from their mistakes by making solutions to the problems they face and adopt the principle of lifelong learning.
- P11 11. Analyze the business, its competitors, the sector and the sectoral competitiveness through various graphs, matrices and tables.
- P12 12. Knows at least one foreign language which is valid in the field of tourism management.
- P13 13. Has sufficient knowledge about the sector and business issues such as occupational safety, worker health, social security, quality and sustainability.
- P14 14. Has knowledge about his / her field and can transfer his / her knowledge, predictions, and thoughts orally and in writing.
- P15 15. Can apply all stages of tourism industry-related businesses from investment decision to operate.
- P16 16. Strategic, tactical and operational aspects of business management; comprehend local, national, international and global dimensions.
Po-Lo Matrix
| LO | P01 | P02 | P03 | P04 | P05 | P06 | P07 | P08 | P09 | P10 | P11 | P12 | P13 | P14 | P15 | P16 | Average |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L02 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |