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International Marketing

Type of study Follow-up Master
Language of instruction English
Code 116-0517/03
Abbreviation IM
Course title International Marketing
Credits 5
Coordinating department Department of Marketing and Business
Course coordinator Ing. Markéta Zajarošová, Ph.D.

Subject syllabus

1. The principles of international marketing and its specifics, definitions, motives of internationalization, stages of international business development.
2. The process of selecting a foreign market, the analytical level of decision making, evaluating market opportunities, screening process, market conditions and their evaluation, competitiveness, analysis of purchasing behavior, identifying similarities and differences.
3. International marketing environment, dimensions of international environment, main subjects of international relations, transnational corporations.
4. Economic environment and its main aspects, principles of economic environment, economic system and structure, criteria for analysis, determinants of economic environment.
5. Legal and political environment, legal aspects of entry, legal systems, legal environment analysis, political risk, political sovereignty, political system, government stability, domestication, expression, political risk and development analysis.
6. International cultural environment, cultural elements, influence of culture on consumer preferences, religion, language, symbols, culture measurement, examples of cultural customs of individual countries, social groups, lifestyle, Warner stratification.
7. Strategy of entering in the international market, strategic level of decision making, types of international strategies, examples from practice, forms of entry to international markets, classification of these forms, degree of risk and examples from practice.
8. Market research in international marketing, importance, evaluation study, research methodology, research holders, ethics of marketing research, application of research results, specifics and problems in research implementation.
9. International product strategy, analytical dimension of decision making, types of strategy and their choice, sources of innovation, new product introduction, brand management, global products.
10. Price in international marketing, indicators of price development, internal environment of the company, factors of sensitivity, management dimension, goals of pricing policy, determination of demand, decision-making dimensions and choice of pricing strategy.
11. International distribution channels, structure of international distribution channel, selection factors, types of participants, distribution strategies, development trends and examples from practice, logistic decision making and its content.
12. International communication process, restrictions in international environment, barriers, international communication mix and its elements, new trends in communication, online communication, strategy creation.
13. International marketing in services, international trade, services, global media, transport, accommodation and professional services, the problem of customization and globalization in services.
14. Managing level of decision making in international marketing, organizational structure formation, external and internal factors, organization, marketing plan and control.

Literature

CZINKOTA, Michael R. and Ilkka A. RONKAINEN. International Marketing. 10th ed. Boston: Cengage Learning, 2013. 720 p. ISBN 978-1-133-62751-7.
GILLESPIE, Kate and H. David HENNESSEY. Global Marketing. 4th ed. New York: Routledge, 2016. 559 p. ISBN 978-0-7656-4295.
KEEGAN, Warren J. and Mark C. GREEN. Global Marketing. 9th ed. New York: Pearson Education Limited, 2016. 624 p. ISBN 978-0134129945 .

Advised literature

HILL, Charles W. L. and G. Tomas M. HULT. International Business: Competing in the Global Marketplace. 11th ed. New York: McGraw-Hill Education, 2016. 704 p. ISBN 978-1259578113 .
O'GUINN, Thomas et al. Advertising and Integrated Brand Promotion. 7th ed. Stamford: Cengage Learning, 2014. 432 p. ISBN 978-1285187815 .
USUNIER, Jean-Claude and Julie Anne LEE. Marketing Across Cultures. 6th ed. Harlow: Pearson Education Limited, 2013. 496 p. ISBN 978-0273757733 .