Marketing 2637-EMBA-EN-MAR
Marketing is a core managerial function that every organization must perform, regardless of its size, industry, or geographic location. Although the intensity and sophistication of marketing activities vary across sectors and countries, a minimum level of marketing effort is always essential. To build a solid foundation in this field, we will examine the key theories, challenges, and practices of marketing in both domestic and international contexts.
The overarching aim of this course is to equip you with the knowledge and practical skills required to independently develop a comprehensive international marketing plan. Throughout the course, you will be introduced to analytical tools, strategic frameworks, and real-world applications that will enable you to achieve the following goals.
Course coordinators
Type of course
Mode
Learning outcomes
• Understand the marketing process and its core components.
• Recognize how marketing practices evolve in response to global environmental changes.
• Analyze industries, competitors, and customer segments across different markets.
• Examine internal company dynamics, including Product Life Cycle, Portfolio Analysis, Conjoint Analysis, and related tools.
• Apply analytical frameworks to formulate strategic marketing decisions, including positioning, product strategy, branding, and pricing in international markets.
• Understand the concept of brand equity and the methods used to measure and manage it globally.
• Identify ethical issues in Marketing and Marketing Communications, and evaluate the challenges they pose for businesses operating in diverse cultural and regulatory environments.
Upon completion of the course, the student will achieve the following learning outcomes:
1. Scope of knowledge:
● Understands the fundamental concepts, principles, and frameworks of marketing in both domestic and international contexts.
● uses the terms correctly when describing marketing processes, strategies and analytical tools relevant to global markets.
● knows the stages and types of international market entry, segmentation, targeting, positioning and strategic planning.
● knows the ways organizations adapt marketing strategies to cultural, economic, technological and regulatory differences across countries.
● knows the advantages and disadvantages of various international marketing strategies, including standardization vs. adaptation, global branding and pricing approaches.
● knows the strengths and weaknesses of different analytical tools used in international marketing (e.g., PESTEL, SWOT, Porter’s Five Forces, PLC, portfolio analyses, conjoint analysis).
2. Scope of skills - the student is able to:
● make an assessment of international market attractiveness, competitive intensity and customer needs across diverse environments.
● select, apply and verify appropriate methods and tools for analyzing industries, competitors, customers and internal company capabilities in a global context.
● perform an analysis of business needs in the field in the field of international marketing strategy, market entry and global brand management.
● analyze macro and microenvironmental factors.
● select, apply and verify the effects of strategic marketing decisions, including positioning, product adaptation, branding, pricing and communication strategies for international markets.
3. Attitude range - the student understands: (examples to be completed)
● meaning/importance of responsible, ethical and culturally sensitive marketing practices in international environments.
● the importance of cooperation and cross functional collaboration when developing and implementing international marketing strategies.
● meaning of cultural intelligence, global mindset, and ethical responsibility in shaping marketing decisions
● the importance of impact that marketing activities have on consumers, societies, and global business environments, including sustainability and ethical communication.
Assessment criteria
In-class exercises Individual 6 ex. * 10 points = 60 points During Classes
Project Group 40 points Submission after 3 weeks from the end of the classes
Bibliography
• “Analysis for Marketing Planning”, by Donald R. Lehmann and Russell S Winer;
• Additional materials will be uploaded on the Moodle.
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Term 2025:
•“Analysis for Marketing Planning”, by Donald R. Lehmann and Russell S Winer; |