International Marketing - Master / Doctorate in Business

Subjects of the Module “International Marketing and strategies of internationalisation”

Between [] number of ECTS

1. International Marketing [1]
2. Market Research [2]
3. International Product / Service Policy [2]
4. International Pricing Policy [1]
5. International Promotion Policy [4]
6. International Distribution [4]
7. International Segmentation, Brand, and Positioning [3]
8. Export Department [1]
9. Intellectual Property Rights (TRIPS) [2]
   1. World Intellectual Property Organisation (WIPO)
10. Intercultural Management [2]
11. e-Business [2]
12. strategies of internationalisation for the exporting companies [2]
13. Foreign direct investment (FDI) [2]
14. No to Corruption in International Business [4]
    1. Transparency International
    2. Corporate Social Responsibility
    3. United Nations Global Compact
    4. OECD Anti-corruption Measures
    5. Anti-corruption Clause (International Chamber of Commerce)
    6. African Union Convention on Preventing and Combating Corruption
    7. Other institutions related to the fight against international corruption
15. Introduction to the Global Ethics (PDF), the two fundamental principles:
    1. Harmony of Religions
    2. Ahimsa (Non-Violence)

(PDF)

Download the Syllabus of the international marketing Related Subjects (PDF)

Strategies of Internationalisation

Anyone who wishes to do international business should be primarily a strategist, capable of designing global strategies tailored to each target market. In this module, we will analyse the main concepts of the strategies of internationalisation for the exporting companies as well as several success stories of different companies.

Anyone involved in the global business (export, subsidiaries, or displaced workers) negotiates with people from different cultures and languages. With the knowledge of the culture of other countries, it is possible to avoid the intercultural conflicts.

The study of the Intercultural Management will allow us to know to manage this important aspect of the international business.

The final step in an strategy of internationalisation is usually the implantation abroad (subsidiaries sales, production sites, or joint ventures).

The Foreign direct investment (FDI) reflects the objective of obtaining a lasting interest by a resident entity in one economy (direct investor) in an entity resident in another country different from the investor (direct investment enterprise).

The organisation and functions of the Export Department and the role of the Conference on Trade and Development and Investment (UNCTAD) will also be considered.

Finally, the principles of a Global Ethics for international business will also be analysed.

1. Harmony of Religions
2. Ahimsa (Non-Violence)

The company wishing to invest abroad will find in this module all the information necessary for a safe investment in another market.

The objectives of the module “International Marketing and strategies of internationalisation” are:

1. To learn about the key concepts of the international marketing
   1. The student will analyse the purpose of the international marketing, explore the concepts of price and value to the customer, examine the marketing mix in the context of the export marketing and discuss the key elements of an export marketing plan
2. To understand the key tools and concepts of the international market research and how best to apply them.
   1. A PEST analysis is an analysis of the external macro-environment that affects all the firms
3. To learn the international product policy key areas, the importance of a product adaptation to the local requirements when entering new export markets and analyse the product characteristics that typically need to be modified for the different markets
4. To understand the importance of an appropriate International Pricing Strategy when entering new export markets
   1. To examine the pricing options available to the exporter and outline the criteria to be used when establishing a pricing strategy.
   2. The criteria defined in pricing under the Incoterms® 2020
5. To learn the importance of an appropriate International Promotion Strategy when entering new export markets, examine the promotion options available to the exporter, outline the key points to note when designing a company brochure and analyse the available tools when implementing a promotion campaign
   1. To understand the influence of a country's brand on its export performance
   2. To understand the fundamentals of the international fairs, the appropriate preparation and attendance and its related follow-up activity
   3. To understand how to plan and prepare a business trip to a prospective export market and the follow-up, which will then be required
6. To learn the importance of planning an appropriate International Distribution Strategy when entering new export markets, examine the distribution options available to the exporter, outline the criteria to be used when selecting a distribution option and analyse the strategies that can be implemented for the consumer and/or industrial products
   1. To know the channel options, that may be used when entering a new export market.
   2. We are going to examine the direct and indirect export channels available to the exporter, analyse the functions of the importers and representatives, discuss the use of a company personnel and sales or production subsidiaries as well as explore franchising, licensing and other channels of international distribution
   3. To examine the process of evaluating, recruiting and managing the international sales representatives and the mechanism involved in selling into the department stores and hypermarkets
7. To understand the importance of the international segmentation in the global marketing and the strategies of internationalisation
   1. To know the targeting strategies: concentrated, differentiated, product specialisation, market specialisation, full market coverage
8. To know the main brand strategies: global, regional or local
   1. To understand the process of brand value creation in the global markets
9. To know the strategies of positioning a brand in the international markets
10. To understand the concepts of e-business and digital business models that a company can deploy, as well as the importance of the strategy, marketing and technology in an e-business project
11. To analyse the goals of an export department and how to benchmark them
12. To offer a global vision on the Foreign direct investment (FDI)
13. To learn the different strategies to establish a company abroad
14. To examine how the diversity of the cultures can influence the outcome of an International Marketing Plan
15. To understand the key concepts related to the Trade-Related Aspects of Intellectual Property Rights
16. To learn about the tools that a company can implement to fight against corruption
17. To understand the pillars of a Model of Global Ethics for the international business

This module includes the Market Access Tool: