MKT550 Global Marketing (8)
CSU Discipline Area: Marketing (MARKT)Marketing (MARKT)
Duration: One session
Abstract:
This subject introduces students to global marketing which extends organisations’ marketing activities outside their home country market. Global marketing may impact an organisation in numerous aspects of their buying and selling processes. In an increasingly global environment, marketers need to respond to both global and local marketing opportunities and challenges to achieve growth objectives. Key decisions for marketers include standardisation or adaptation in new markets, choice of concentrated markets or a wider geographical spread, market entry strategies and use of partnerships and strategic alliances. Critical knowledge and skills for global marketers include learning how to analyse and select appropriate new international markets, making decisions on adaptation or standardisation of marketing strategies and achieving synergy through collaborative networks and partnerships.
+ Subject Availability Modes and Locations
| Term 1 | |
|---|---|
| Internal | Economic and Finance Institute | Session 2 |
| Internal | CSU Study Centre Sydney |
| Distance | Bathurst |
Continuing students should consult the SAL for current offering details: MKT550
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Assumed Knowledge:
Enrolment restrictions:
Postgraduate students only
Objectives:
Upon successful completion of this subject, students should:
- be able to analyse the elements of the global marketplace;
- be able to critically evaluate global marketing opportunities;
- be able to interpret and assess the impact of marketplace variables on marketing practice in the global marketplace;
- be able to select markets and justify market entry options; and
- be able to create justifiable and effective marketing strategies.
Syllabus:
The subject will cover the following topics:
- Introduction and rationale for global marketing
- Avoiding the pitfalls of the international political and legal environment
- Appreciating the dynamics of the international economic and financial environment
- Catering for the social and cultural environment of global marketing
- Technology and contemporary environmental variables
- Researching for global market selection and entry
- Global marketing planning and competitive strategy
- Internationalisation, globalisation, relationships and networks
- The global marketing mix
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.