Maricopa Community Colleges  IBS102   19946-19975 
Official Course Description: MCCCD Approval: 04/26/94
IBS102 19946-19975 LEC 2 Credit(s) 2 Period(s)
International Marketing
Presents the problems of marketing in the international marketplace and how marketers approach and solve them. Focuses on concepts and principles by teaching the theory and practice of international marketing through the use of practical examples and actual case studies of international, both United States and foreign, marketing organizations. Studies include: international marketing position of the United States, market entry strategies, analysis of foreign markets, culture and marketing, product design, pricing, distribution, promotion and sales. Prerequisites: None.
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MCCCD Official Course Competencies:
 
IBS102   19946-19975 International Marketing
1. Understand basic marketing essential. (I)
2. Understand the significance and benefits of international marketing to the United States. (I)
3. Evaluate international marketing positions of the United States. (I)
4. Identify elements in foreign marketing environments. (I)
5. Develop the ability to analyze foreign markets through secondary research. (II)
6. Understand and evaluate the importance of cultural, political, legal and economic factors (environmental factors) in marketing. (II)
7. Understand and identify marketing mix options for specific world markets including: -selecting the most advantageous channel of distribution. -identifying correct product/service mix and pricing policies. -designing and implementing promotional strategies. (III)
8. Develop strategic marketing plans for a product. (IV)
9. Understand how to organize and administer global marketing activities. (IV)
10. Evaluate options for establishing and financing export sales. (IV)
11. Understand the effect of government intervention and planning on development of international markets. (V)
12. Analyze the differences in development outcomes between market and nonmarket economies. (V)
13. Discuss and evaluate the effect of tariffs, quotas, subsidies, and stateowned corporations on growth of world trade. (V)
14. Understand the effect that growth of global markets have on California businesses. (V)
15. Discuss and evaluate the effect that global competition has had on at least three different countries. (VI)
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MCCCD Official Course Outline:
 
IBS102   19946-19975 International Marketing
    I. International Marketing
        A. Marketing overview
        B. Market analysis
        C. Brand names/generic names
      II. Marketing Research and Analyzing Opportunities
          A. Sources of product information
          B. Research target markets
          C. Cultural considerations
          D. Political and legal environment
          E. Economic considerations
          F. Secondary marketing research
        III. Managing the International Marketing Mix
            A. Product
            B. Research and development strategy
            C. Price
            D. Channels of distribution
            E. Advertising
          IV. Managing Marketing Operations
              A. Locating agents and suppliers
              B. Freight forwarders
              C. Letter of credit
              D. Customs
              E. Joint ventures, licensing and strategic alliances
            V. Role of Government
                A. Nonmarket economics
                B. Government services
                C. Single European market and beyond
              VI. Globalization of Marketing
                  A. Thinking globally, acting locally
                  B. Single marketing and market-specific strategies
                  C. Opportunities for small to medium-sized firms
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