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International Marketing

Study Course Description

Course Description Statuss:Approved
Course Description Version:10.00
Study Course Accepted:02.02.2024 12:29:26
Study Course Information
Course Code:SBUEK_163LQF level:Level 6
Credit Points:2.00ECTS:3.00
Branch of Science:Management; Business ManagementTarget Audience:Business Management; Marketing and Advertising
Study Course Supervisor
Course Supervisor:Kristīne Blumfelde-Rutka
Study Course Implementer
Structural Unit:Faculty of Social Sciences
The Head of Structural Unit:
Contacts:Dzirciema street 16, Rīga, szfatrsu[pnkts]lv
Study Course Planning
Full-Time - Semester No.1
Lectures (count)7Lecture Length (academic hours)2Total Contact Hours of Lectures14
Classes (count)5Class Length (academic hours)2Total Contact Hours of Classes10
Total Contact Hours24
Part-Time - Semester No.1
Lectures (count)3Lecture Length (academic hours)2Total Contact Hours of Lectures6
Classes (count)3Class Length (academic hours)2Total Contact Hours of Classes6
Total Contact Hours12
Study course description
Preliminary Knowledge:
Knowledge of microeconomics, macroeconomics, business organisation and management, corporate strategy and policy making.
Objective:
The aim of the study course is to provide students with knowledge of the concept of international marketing as a set of activities and processes in today’s international business environment. To explore the role of international marketing in the context of consumers, clients, partners and the public. The course analyses the factors of starting international business, researches product adaptation to different markets, taking into account intercultural differences and developing marketing strategies in international markets and digital marketing approaches.
Topic Layout (Full-Time)
No.TopicType of ImplementationNumberVenue
1Introductory information on the organization of the study course. Concept of marketing, basic elements I. Historical development of the concept of marketing. Introduction to International Marketing.Lectures1.00auditorium
2Motivation of organisations to enter international markets. Different perspectives/approaches to international marketing. Why is international business and entering the international market necessary?Lectures1.00auditorium
3Latest scientific research on international marketing and factors that influence it.Classes1.00auditorium
4International marketing research, analysis, information system. Marketing plan.Lectures1.00auditorium
5International adaptation of goods and services. Market environment. Counterfeit products.Lectures1.00auditorium
6Packaging, environmentally friendly packaging and its role in international marketing and marketing activities.Classes1.00auditorium
7Analysis of the external environmental factors of international marketing.Classes1.00auditorium
8International marketing, external environmental factors influencing it: nature and economy. What effect do external environmental factors have on the volume of consumption and its changes?Lectures1.00auditorium
9External environmental factors of international marketing: policy/ legislation/ cultural environment.Lectures1.00auditorium
10The ABCs of Digital Marketing: Basic Elements of Digital Marketing; Use of digital marketing tools in the context of international marketing; Types of advertising in the digital marketing funnel.Classes1.00auditorium
11The Marketing Funnel: The Customer Journey; How to implement a successful digital marketing campaign?Classes1.00auditorium
12International product management and merchandising, intercultural differences.Lectures1.00auditorium
Topic Layout (Part-Time)
No.TopicType of ImplementationNumberVenue
1Introductory information on the organization of the study course. Concept of marketing, basic elements I. Historical development of the concept of marketing. Introduction to International Marketing.Lectures1.00auditorium
2Motivation of organisations to enter international markets. Different perspectives/approaches to international marketing. Why is international business and entering the international market necessary?Lectures1.00auditorium
3Latest scientific research on international marketing and factors that influence it.Classes1.00auditorium
6Packaging, environmentally friendly packaging and its role in international marketing and marketing activities.Classes1.00auditorium
8International marketing, external environmental factors influencing it: nature and economy. What effect do external environmental factors have on the volume of consumption and its changes?Lectures1.00auditorium
11The Marketing Funnel: The Customer Journey; How to implement a successful digital marketing campaign?Classes1.00auditorium
Assessment
Unaided Work:
Completion of mandatory and additional literature studies, regular tests (summaries/essays, seminar papers), preparation for classes, seminars, final examination, etc. types of work according to the description and content of the study course. In order to evaluate the quality of the study course as a whole, the student must fill out the study course evaluation questionnaire on the Student Portal.
Assessment Criteria:
The final grade is formed from the average grade of summaries, seminar papers, independent work and the exam.
Final Examination (Full-Time):Exam (Written)
Final Examination (Part-Time):Exam (Written)
Learning Outcomes
Knowledge:1. Able to describe the development of the concept of international marketing and to evaluate its significance in business. 2. Able to evaluate the significance of intercultural differences in international marketing and their impact on the company’s operations in the international environment.
Skills:1. Able to analyse latest marketing trends and integrate them into the company’s marketing activities. 2. Able to analyse the factors contributing to international marketing and business. 3. Able to analyse international adaptation of goods and services.
Competencies:1. Able to organise international marketing research. 2. Able to evaluate the external environmental factors of international marketing and their impact on business. 3. Able to evaluate factors influencing the starting of international business.
Bibliography
No.Reference
Required Reading
1Praude, Valērijs. Mārketings: teorija un prakse. 3., pārstr. un papild. izd. Rīga: Burtene, 2011. 2 sēj.
2Entrepreneurship in International Marketing. Xu, Hui; Shi, Linda Hui; and more. Emerald Publishing Limited, 2015.
3The Handbook of International Advertising Research: Handbook of International Advertising Research. Cheng, Hong, John Wiley & Sons. Incorporated, 2014.
4Czinkota M. R., Ronkainen I. A. International Marketing. 10th Edition. Australia: South-Western Cengage Learning, 2013.
5The Strategic Storyteller: Content Marketing in the Age of the Educated Consumer. Jutkowitz, Alexander; Jutkowitz, Alexander. John Wiley & Sons, Incorporated, 2017.
6Schmid, Stefan. Internationalization of business: cases on strategy formulation and implementation. Cham, Switzerland, 2018.
Additional Reading
1Bormane, S. 2019. Integrētā mārketinga komunikācija Latvijas pārtikas mazumtirdzniecības veikalu ķēžu uzņēmumos ilgtspējīgas attīstības kontekstā. Promocijas darbs, Latvijas Universitāte, Rīga
2A study on the role of advertising and sales promotions in creating brand equity and brand loyalty. A. A. Tajzadeh-Namin. Mohsen Norouzi. Indian Journal of Health and Wellbeing. 2014.
3Marketing capability and export performance: The moderating effect of export performance. A. Al-Aali. J-S. Lim. T. Khan. M. Khurshid. 2013.
4The Value of Marketing Crowdsourced New Products as Such: Evidence from Two Randomized Field Experiments. Nishikawa, Hidehiko; Schreier, Martin; Fuchs, Christoph; Ogawa, Susumu. Journal of Marketing Research, August 2017, Vol.54(4), pp.525-53
5International Journal of Advance Research. Explanation Of Brand Positioning And Its Application Challenges In Global Cross – Cultural Context Literature Based Review. Vol. 5, Issue 6, June 2017.
Other Information Sources
1Journal of the Academy of Marketing Science.
2https://www.ama.org/ American Marketing Association