raragererl Facu|ly ol 6us|ress ard LaW lrlroduclory ooo| Seresler 1 2012 Pub||shed by un|vers|ty of $outhern 0ueens|and TooWoomba 0ueens|and 4350 Austra||a |llp://WWW.usq.edu.au ur|vers|ly ol Soul|err 0ueers|ard, 2012.1. Copyr|g|led raler|a|s reproduced |ere|r are used urder l|e prov|s|ors ol l|e Ccpyright Act 1908 as arerded, or as a resu|l ol app||cal|or lo l|e copyr|g|l oWrer. |o parl ol l||s puo||cal|or ray oe reproduced, slored |r a relr|eva| sysler or lrarsr|lled |r ary lorr or oy ary rears e|eclror|c, rec|ar|ca|, p|olocopy|rg, record|rg or ol|erW|se W|l|oul pr|or perr|ss|or. Produced oy l|e Learr|rg Resources 0eve|oprerl ard Supporl Cerlre us|rg l|e lCE Puo||s||rg Sysler. Tao|e ol corlerls Page Essent|a| |nformat|on 1 |ntroduct|on 2 we|core 2 Course persorre| 2 Course overv|eW 4 Course resources 4 Facu|ty of us|ness and LaW gu|de||nes 9 $tudy schedu|e 11 Assessment 13 Assessrerl dela||s 13 0r||re acl|v|ly 13 Reporls 13 Suor|ss|or dela||s 14 Exar|ral|or 14 Assessrerl gu|de||res 14 Reporl 1 10 Reporl 2 21
MKT8002 nternational marketing and management 1 Esserl|a| |rlorral|or The topics in the Iollowing list provide important information that will assist you with your study. You can access a handout containing the inIormation on your StudyDesk through the Essential inIormation (study materials)` link http://usqstudydesk.usq.edu.au/Iile.php/1/siteIiles/DeC/essentialinIo/essentialhandout.pdI ~. You will need your UConnect username and password to access the Iile. Please make sure you read this inIormation careIully beIore commencing your study. Getting started Course speciIication Support UConnect Assignment submission Grading levels Course evaluation Residential schools Library ReIerencing APA ReIerencing Harvard AGPS Optional purchase oI study materials USQ policies and procedures University of Southern Queensland 2 MKT8002 nternational marketing lrlroducl|or we|core Welcome to the course MKT8002 International marketing. This course is designed to provide you with Iurther understanding oI marketing Irom an international perspective. The introductory material explains the objectives and the content oI the course. Description oI each report is incorporated so that you know what should be done and when is the deadline Ior each report. You have to remember that the study modules are not a textbook. First, they are intended to help students better identiIy and understand key concepts and ideas about international marketing. To achieve this, a conceptual Iramework and its key elements are presented Ior each module. Second, study modules attempt to complement the textbook, not to expound it. To use the study modules in an eIIective way, you are requested: to Iollow the instructions given in the materials to put yourselI in the position oI an international marketer. |ole Please listen to the introductory presentation Ior this course. Course persorre| Course lear |eader - Er|c |g Welcome to the School oI Management and Marketing. I have had experience at teaching marketing and management courses at both undergraduate and postgraduate levels. Prior to joining academia, I have worked in a variety oI Iields in many roles that include business consultant, marketing manager, business planner with companies in Asia and in Australia. I have a Bachelor oI Business Degree majoring in Marketing and a MBA with concentration in e-Commerce and International Business. My doctorate degree was in the area oI marketing. My key research interests are in the areas oI B2B marketing, international business and marketing, agribusiness, and tourism marketing. University of Southern Queensland MKT8002 nternational marketing and management 3 I hope you will Iind this course both interesting and rewarding. Good luck with your studies. Course roderalor - Ve||ssa Jo|rsor Vorgar Welcome to University and to the Faculty oI Business. I have taught marketing to undergraduate, MBA, Executive MBA and PhD students in Australia, Malaysia, South America, North America, China and Taipei. I began my teaching career in Australia and then moved to the USA where I lived and worked Ior six and a halI years. I have worked as a consultant Ior on-line curriculum development at several major universities both in Australia and the USA, and my predominant teaching interests have been Global Marketing, eCommerce, Marketing Strategy and Consumer Behaviour. I completed my PhD in the area oI sports marketing and consumer behaviour and have a continued interest in both these areas, though I also enjoy working in the areas oI experiential consumption, eMarketing and eCommerce. Marketing is a Iascinating subject both Irom a business and a social perspective. I would encourage you to take a marketing class or consider a marketing major as the skills you will develop will make you a valuable asset to the global business community. I wish you the very best oI luck with your studies at USQ and please do not hesitate to contact me iI I can be oI assistance to you. University of Southern Queensland 4 MKT8002 nternational marketing Course overv|eW Course resources Sludy raler|a|s This introductory material provides a general overview oI the course, administrative inIormation and details oI the course assessment. The study modules are the major learning resource and provide a guide to the text and other associated resources. II you wish to order an optional print copy oI the study modules (study book) please contact the http://bookshop.usq.edu.au~ or phone: 07 4631 2742. Please note that these materials will be printed on demand and that may cause short delays in providing the package. University of Southern Queensland MKT8002 nternational marketing and management 5 Texlooo|s Kotabe, M & Helsen, K 2010, Global marketing management, 5th edn, John Wiley & Sons, New Jersey. Summers, J & Smith, B 2010, Communication skills handbook, 3rd edn, John Wiley & Sons, Milton, Queensland. 0l|er recorrerded relererce raler|a|s Cateora, PR, Gilly, MC & Graham, JL 2011, International marketing, 15th edn, McGraw-Hill Irwin, New York. Gillespie, K & Hennessey, HD 2011, Global marketing, 3rd edn, Cengage Learning, Mason, Ohio. Hollensen, S 2011, Global marketing: a decision-oriented approach, 2nd edn, Prentice Hall, Harlow, England. Keegan, WJ & Green, MC 2011, Global marketing, 11th edn, Pearson, Upper Saddle River, New Jersey. Lee, K & Carter, S 2009, Global marketing management, 2nd edn, OxIord University Press, New York. Re|aled lrlerrel resources Preserlal|or Please view the USQ Library Searching the Internet eIIectively presentation Ior this course. In relation to Internet resources, students should have access to the Iollowing library resources: 1. Databases such as: EBSCOhost MegaFILE Premier in particular, Academic Search Premier, Business Source Premier EMERALD PREMIER FACTIVA Ior media publications. 2. Internet resources selected by Faculty librarians. (NB Access to these resources is via UConnect but is provided to you without aIIecting your download quota.) University of Southern Queensland 6 MKT8002 nternational marketing lrlerrel s|les AUSTRALIAN DEPARTMENT OF FOREIGN AFFAIRS & TRADE http://www.dIat.gov.au~ This website contains vital country inIormation statistics, and market inIormation, it is also linked to the AUSTRADE site. Very highly recommended. AUSTRADE http://www.austrade.gov.au~ The Australian Trade Commission (AUSTRADE); Australia`s oIIicial export instrumentality provides inIormation speciIically Ior students on this site which is highly recommended. It oI course provides inIormation Ior all exporters, but prior to the development oI this site, students sometimes had diIIiculty in obtaining inIormation Irom AUSTRADE. EFIC http://www.eIic.gov.au~ The Export Finance and Insurance Corporation site provides up to date inIormation on country risk and trade insurance and Iinancing Ior Australian exporters. Again, highly recommended. TRADEPORT http://www.tradeport.org/~ Tradeport is described as the place to go iI you are interested in international trade, and it surely is. Go to market research` within Tradeport and you will Iind lots oI things about international business and travel. II you then click on the County Library` picture, you will Iind a vast amount oI inIormation about any country. It has everything the US Government has about the country at your Iinger tips, including the Iabulous Background Notes` and Economic Trends and Outlook`. In brieI, this is an incredible but true and free resource for international marketers. COUNTRY RISK ANALYSIS http://www.duke.edu/~charvey/Countryrisk/couindex.htm~ This is the best country risk site you could possibly imagine. Go to Expected Returns and Volatility Ior 135 Markets: Background` and then ask Ior the Iirst graph to get a graph oI political risk and other Iorms oI risk, Ior each country. However, it is a little hard to understand and may not be up-to-date. It has a long paper explaining country risk which is a good tutorial about how it is calculated, iI you ask Ior Text`. A little beauty in some respects but hard to get on top of for a busy visitor. CULTURE HoIstede 2009, http://geert-hoIstede.com/~ University of Southern Queensland MKT8002 nternational marketing and management 7 WORLD FACTBOOK https://www.cia.gov/library/publications/the-world-Iactbook/~ This is the site oI the United States` Central Intelligence Agency (CIA)! It has some thing like a Iairly good encyclopaedia entry Ior each country with statistics about the population, the economy, transport, etc. For example, it gives the number oI phones and television sets, and the number oI miles oI railway. It is reasonably good Ior a detailed glimpse oI a country, but other sites will have to be used to give the context oI the statistics, that is, to flesh out the bald facts which the CIA provides. So do not make this your Iirst port oI call. THE US GOVERNMENT COMMERCE STATISITICS PEOPLE http://www.usa.gov/Topics/ReIerence-ShelI/Data.shtml~ This site is a must Ior anyone in business who can aIIord the $US40 per quarter it costs. STAT-USA/Internet, a service oI the US Department oI Commerce, is the site Ior the US business, economic and trade community, providing authoritative inIormation Irom the Federal government. You can get all the statistics and inIormation you could need Ior virtually any country in the world. For example, it gives international trade statistics Ior any industry. At the site, click on Globus & NTDB` (aIter you have registered and sent in your credit card number, oI course). The NTDB (National Trade Data Bank) provides access to Country Commercial Guides, Market Research reports, Best Market reports. The NTDB also provides US import and export statistics, as well as over 75 other various reports and programs. It`s International Trade library is a gold mine comprehensive collection oI over 40 000 documents related to international trade, including country analysis brieIs. All are Iull text searchable, as well as key word searchable by country or product. A must for businesses, especially those trading with the United States. THE WORLD BANK GROUP http://www.worldbank.org~ This has a good, succinct introduction Ior each country in its Countries and regions` section that links together the statistics into a coherent whole. Jourra|s Business Review Weeklv European Journal of Marketing Fortune Harvard Business Review Industrial Marketing Management International Marketing Review Journal of Business and Industrial Marketing Journal of Global Marketing Journal of International Marketing Journal of Marketing Journal of Marketing Research Journal of Strategic Marketing University of Southern Queensland 8 MKT8002 nternational marketing L|orary Preserlal|or Please view the USQ Library catalogue and database presentations Ior this course. Supplementary material to assist in your study oI this course is available through the USQ Library. The Library contact details are: OII-Campus Library Service Phone: 1800 063632 (Iree call to students in Australia outside the 07 Toowoomba zone) 07 4631 2589 (students in the Toowoomba zone or overseas) Fax: 07 4631 2920 Email: oIIcampusq.edu.au or at the web site: http://www.usq.edu.au/library/inIoIor/oIIcamp/deIault.htm~ Course slruclure The course and its assessment have been designed to: examine and strategically apply the key concepts and principles oI international marketing to real-world practices critically evaluate the global marketing environments and their impact on businesses, to develop clearly justiIied global marketing strategies critically analyse, evaluate and strategically apply gathered inIormation to persuasively support a strategic international marketing plan enhance student skills in report preparation. University of Southern Queensland MKT8002 nternational marketing and management 9 Course |cors Below is a list oI icons used in this course and a description oI what they mean: There is a presentation Ior you to see that introduces you to the content covered in the Iollowing module or section. This will usually be accompanied by the heading Presentation`. Click on the adjacent hyperlinked text to go directly to this presentation. There is a reading activity that is essential Ior your understanding oI the course material. II this involves a selected reading click on the adjacent hyperlinked text. There is an audio explanation to help you understand the concept you have just read about or explain a diagram. Click on the play button Ior this audio explanation. There is an interactive exercise that relates to the adjacent or activity that will help you understand the inIormation. Click on the play button to view this interactive exercise or Iollow the adjacent instructions. This means stop and review the material you have been studying. Facu|ly ol 6us|ress ard LaW gu|de||res Students should read USQ Regulations pertaining to Assessment and Academic Misconduct Ior Iurther inIormation and to avoid actions which might contravene University Regulations. These regulations can be Iound at http://www.usq.edu.au/currentstudents~. Students should also read the Faculty oI Business and Law Guide to Policies and Procedures which can be Iound at http://www.usq.edu.au/business-law/student/policies~.
University of Southern Queensland 10 MKT8002 nternational marketing
University of Southern Queensland MKT8002 nternational marketing and management 11 Sludy sc|edu|e Week Module Activity/Reading Assessment 1 27 Feb - 2 Mar Module 1 Introduction to globalisation and global marketing Text: chapter 1 2 5-9 March Module 2 Global economic and Iinancial environment SR 2.1 3 12-16 March Module 3 Global cultural environment and buying behaviour Text: chapter 4 4 19-23 March Module 4 Global political and legal environment Text: chapter 5 Online activity Due: 23 March 2012 Reminder: End of week 4 is the last date to drop S1 courses without academic or financial penalty. 5 26-30 March Module 5 Global marketing research Text: chapter 6 6 2-6 April BREAK 7 9-13 April BREAK 8 16-20 April Module 6 Global segmentation and positioning Text: chapter 7 Reminder: End of week 8 is the last date to drop S1 courses without academic penalty. 9 23-27 April Module 7 Global marketing strategies Text: chapter 8 Report 1 Due: 23 April 2012 10 30 Apr - 4 May Module 8 Global market entry strategies Text: chapter 9 11 7-11 May Module 9 Global product and branding decisions Text: chapters 10 & 11 12 14-18 May Module 10 Global pricing decisions SR 10.1 13 21-25 May Module 11 Global communication decisions Text: chapter 13 14 28 May - 1 1une Module 12 Global logistics and distribution decisions Text: chapter 15 15 4-8 1une Module 13 Sales, export and import management Text: chapters 14 & 16 Report 2 Due: 12 June 2012 16-17 11-25 1une NO EXAMINATION
University of Southern Queensland 12 MKT8002 nternational marketing
University of Southern Queensland MKT8002 nternational marketing and management 13 Assessrerl Assessrerl dela||s Description Marks out of Wtg() Due date ONLINE ACTIVITY 5 5.00 23 March 2012 (See note 1) REPORT 1 100 35.00 23/04/12 REPORT 2 100 60.00 12/06/12 NOTES 1. Students are required to complete the Online Activity by the due date. The Online Activity will be available Irom the UConnect Study Desk. Students will not be permitted to attempt the Online Activity aIter the due date. 0r||re acl|v|ly There will be one Online Activity, which is worth 5 oI the overall assessment. The Online Activity will be available to students during the Iollowing period. 27 February 2012, 8:00am (AEST) to the 23 March 2012, 23:59pm (AEST). Students may wish to complete the Online Activity at a time (during the time period available) that is suitable to them. However, students are reminded that they WILL NOT be permitted to attempt the Online Activity aIter the due date (i.e. 23 March 2012, 23.59pm AEST). The Online Activity requires students to complete a selI-diagnostic test on teamwork. The Online Activity provides students with some basic understanding oI teamwork and the diIIerent roles that one can take on. Reporls There are two reports: report 1 is worth 35 and report 2 is worth 60 oI the overall assessment respectively. These two reports are inter-related and when completed will Iorm the strategic international marketing plan. The reports are to be completed in a group which will be assigned to students. Detailed inIormation on the reports will be provided at the subsequent section. IMPORTANT NOTE: It is essential that students read through and understand the requirements for reports 1 and 2 prior to working on them. University of Southern Queensland 14 MKT8002 nternational marketing Suor|ss|or dela||s Electronic assignment submission For this course you are required to submit your reports electronically via EASE. Reports can be electronically submitted via links provided on the Study Desk Ior your course. Be sure to label your report Iiles careIully and please note that you can submit each report once only. You will receive a conIirmation message when your report has been submitted. |ole II you are unable to submit your reports electronically please contact your course team leader to make alternative arrangements. Exar|ral|or There is no end-oI-semester examination Ior this course. Assessrerl gu|de||res Slraleg|es lo avo|d ur|rlerl|ora| p|ag|ar|sr All Australian universities take a strong stance in relation to academic dishonesty. Plagiarism`, allowing the reader oI your assignment to assume that other people's work is your own, is arguably the most common instance oI academic dishonesty. This impression can be unintentional, so it is advisable to careIully review your work prior to submission. CareIully read the plagiarism inIormation Ior students which can be accessed at http://www.usq.edu.au/plagiarism/deIault.htm~ to identiIy strategies that you can use to ensure that you do not unintentionally leave the impression in your readers` mind that material you have incorporated Irom elsewhere is your own work. Relererc|rg ol|er Wor|s |r your reporl Preserlal|or Please view the USQ Library Harvard AGPS reIerencing presentation Ior this course. University of Southern Queensland MKT8002 nternational marketing and management 15 ReIerencing other works in your written work, citations or in-text reIerences are used to inIorm the reader oI the source oI your inIormation. The Faculty oI Business and Law preIers the Harvard AGPS reIerencing style Ior acknowledging the publications that you have used in your written work. lrleracl|ve relererc|rg exerc|ses Good quality writing requires you to give details oI the sources you have used in Iormulating your ideas and displays these in a clear and consistent Iormat. We provide Ior you on this CD a series oI interactive exercises designed to help you in completing your assignment work more successIully. We do this by providing you an opportunity to practice the new Harvard AGPS reIerencing style. There are 13 diIIerent exercises covering the Iollowing publication types: Book 1 author, 2 authors Editor chapter in an edited book edition journal 2 authors, 4 authors newspaper conIerence paper government publication electronic web site electronic online discussion electronic journal article. Each exercise uses the drag and drop` principle, where you can move text boxes across the screen to complete the reIerence. This will give you practice recognising the correct Iormat and laying out, accurate punctuation and reIerence structure. Harvard reIerencing exercises II you need Iurther inIormation about reIerencing please reIer to the USQ Library web site Ior reIerencing guides in the Harvard AGPS style http://usqstudydesk.usq.edu.au/course/view.php?id6383 ~. University of Southern Queensland 16 MKT8002 nternational marketing Reporl 1 Description Marks out of Wtg() Due date Objectives assessed Graduate skill Level assessed REPORT 1 100.00 35.00 23/04/12 1, 2, 3, 4, 5 G1, G2, G4, G5, G10, G11 Level 3 - Advanced IMPORTANT NOTE: All students are to complete this report in a group assigned to them. Top|c - Slraleg|c |rlerral|ora| rar|el|rg p|ar (Parl A) There are two tasks to be completed in Report 1. It is important that students Iollow the Iormat and guidelines as outlined below. Task 1 - Strategic international marketing plan Length: No more than 3000 words (appendices extra). This is the Iirst oI a two part strategic international marketing plan Ior a product or service to be launched in a Ioreign country market. Students are required to choose a product or service, and the new Ioreign country market it will be launched in. Students are required to complete the work in an assigned group. The objective is to provide students with the opportunity to apply the key concepts oI international marketing to a real world marketing challenge. This Iirst part oI the strategic international marketing plan emphasizes the need to understand the global environments as an essential Iirst step in preparing a strategic international marketing plan. Task 2 - Teamwork process Length: No more than 1000 words The purpose oI this task is to provide students with the opportunity to Iurther develop their teamwork skills. This task requires students to clearly outline a plan Ior their team to successIully complete the strategic international marketing plan (i.e. reports 1 and 2). Forral ard gu|de||res The report should be structured according to the Iollowing Iormat and also in accordance with the presentation guidelines (pp. 1113) as outlined in the Communication skills handbook (2010). University of Southern Queensland MKT8002 nternational marketing and management 17 Slraleg|c |rlerral|ora| rar|el|rg p|ar Letter of transmittal Title page Table of contents Introduction this section should clearly state the purpose, limitations and scope oI the report. Background this section should introduce the product or service to be marketed in the Ioreign country market you have selected and provide relevant inIormation about its background. The Iollowing issues should be addressed. Introduce the company that will launch the product or service. Description oI the product or service including its Ieatures and beneIits. Rationale Ior selecting this product or service. Background on the selected Ioreign country market. Rationales/reasons Ior introducing the product or service into the selected Ioreign country market (e.g. growing trend in the selected Ioreign market). Environmental analysis this section is to analyse the external environment (i.e. economic and Iinancial, cultural, political and legal) oI the selected Ioreign country market and should address the Iollowing: Analyse the relevant Iactors in the economic and Iinancial environment and discuss the outcomes and their potential marketing implications Ior your company or product/service. Analyse the relevant Iactors in the cultural environment and discuss the outcomes and their potential marketing implications Ior your company or product/service. Analyse the relevant Iactors in the political and legal environment and discuss the outcomes and their potential marketing implications Ior your company or product/service. Conclusions this section should essentially summarise the main points and Iindings oI the report. List of references this section should include all reIerence materials used in the report. Harvard AGPS reIerencing style should be used in the report. TearWor| process This task DOES NOT have to be presented in a report Iormat, but instead using tables (a template will be available via the course homepage) to present the required inIormation. Role and task this section should clearly deIine the agreed role oI each team member and the tasks to be perIormed. The Iollowing issues should be addressed. DeIine all the tasks to be perIormed. Allocate the tasks to each team member. DeIine the role oI each team member. University of Southern Queensland 18 MKT8002 nternational marketing Communication this section should clearly outline the communication protocol and the meeting strategies Ior the team. The Iollowing issues should be addressed. Establish a clear communication protocol between team members. For example how and what communication channels are used. Outline team meeting strategies, including the Irequency oI meetings, the Iocus oI each meeting and so on. Planning this section should provide a detailed plan Ior accomplishing the strategic international marketing plan. The Iollowing issues should be addressed. Provide a detailed plan, including the time schedule Ior completing the reports. Discuss the key issues/risks that may interIere with the completion oI the reports, and provide strategies to address them, including appropriate justiIications. wor|group a||ocal|or lor l|e slraleg|c |rlerral|ora| rar|el|rg p|ar (reporls 1 ard 2) The allocation oI the workgroup Ior the strategic international marketing plan is expected to be completed by the 12 March 2012 (8:00am, AEST). Students are required to login to the course homepage to view their assigned workgroup and group members as Iollow. Login to the course homepage. Then click on 'Report - Workgroup Allocation under the 'Assessment section. Contact your group members immediately to begin your report. IMPORTANT NOTE: It is very important that students who have added/dropped this course aIter the workgroups have been Iinalised (i.e. 12 March 2012), to contact the course examiner immediately to notiIy their circumstance so that appropriate actions can be taken to make changes to the workgroups (iI necessary). It remains the responsibility oI the students to inIorm the course examiner oI their enrolment status. Also, iI you are aware oI any oI your group members dropping out oI the course, please contact the course examiner immediately. Link to the Harvard reIerencing exercises to help you review this reIerencing style. Review the presentations relating to the using the Library resources: Searching the Library catalogue, using the Library databases and searching the Internet. University of Southern Queensland MKT8002 nternational marketing and management 19 Var||rg cr|ler|a lor reporl 1 University of Southern Queensland 20 MKT8002 nternational marketing University of Southern Queensland MKT8002 nternational marketing and management 21 Reporl 2 Description Marks out of Wtg() Due date Objectives assessed Graduate skill Level assessed REPORT 2 100.00 60.00 12/06/12 1, 2, 3, 4, 5 G1, G2, G4, G5, G10, G11 Level 3 - Advanced Top|c - Slraleg|c |rlerral|ora| rar|el|rg p|ar (Parl 6) There are two tasks to be completed in Report 2. It is important that students Iollow the Iormat and guidelines as outlined below. Task 1 - Strategic international marketing plan (Part B) Length: No more than 4000 words excluding the content in Report 1 which is to be integrated into Report 2. Please reIer to the Format and guidelines` section below Ior more detailed inIormation. IMPORTANT NOTE: All students are to complete this task in the same group as assigned in their Report 1. This is the second part oI the strategic international marketing plan to be developed by students which extends Report 1 Task 1. With the background inIormation and the understanding oI the environment in Report 1, the emphasis oI this second part oI the strategic international marketing plan is on the target market and competitive analyses, and the development oI appropriate market entry strategy as well as the international marketing mix strategies Ior the product or service that will be launched in the selected Ioreign country market (identiIied in Report 1). Task 2 - Self and team reflection Length: No more than 600 words IMPORTANT NOTE: All students are to complete and submit this task individually. The purpose oI this task is to provide students with the opportunity to selI reIlect on the teamwork activities that they have been involved in during the process oI preparing the strategic international marketing plan (i.e. reports 1 and 2). This task requires students to reIlect on the teamwork activities/processes Irom both their individual and team perspectives. In addition, students are also required to complete a peer assessment Ior each oI their team members. It should be noted that the Iinalised marks may be adjusted as a result oI the peer assessment outcome and will be strictly at the discretion oI the course examiner. Forral ard gu|de||res The report should be structured according to the Iollowing Iormat and also in accordance with the presentation guidelines (pp. 1113) as outlined in the Communication skills handbook (2010). University of Southern Queensland 22 MKT8002 nternational marketing Slraleg|c |rlerral|ora| rar|el|rg p|ar Letter of transmittal Title page Executive summary this section should state the major purpose, the method oI analysis, the Iindings and recommendations oI the entire report (including those presented in Report 1). It should not be more than 1 page in length. Table of contents Introduction this section should clearly state the purpose, limitations and scope oI the report. Background include this section from vour Report 1 with minimal changes. This particular section WILL NOT be assessed but rather to provide the reader with the necessarv background information. Environmental analysis include this section from vour Report 1 with minimal changes. This particular section WILL NOT be assessed but rather to provide the reader with the necessarv information. Target market and competitive analysis this section should identiIy ONE target market segment (within the selected foreign countrv market in vour Report 1) and provide adequate justiIications Ior its selection, and analyse the competitive situation Iacing the company in the selected target market segment. The Iollowing issues should be addressed. IdentiIy the target market segment and provide appropriate justiIications to its selection. Your selected target market segment can be based on a combination of. demographic (e.g. gender, income, education), geographic (e.g. region, citv si:e, climate), psvchographic (e.g. lifestvles, personalitv attributes) or behavioural (e.g. price sensitivitv, end use, occasion, benefit expectations) variables. Analyse the target market segment conditions (e.g. demand and potential, consumer/business buying habits). Describe and analyse the key competitors (preIerably 2 most signiIicant ones). Compare and contrast the product or service with the key competitors` product or service (e.g. Ieatures, packaging, pricing, promotion and advertising methods). Target market entry strategy this section is to identiIy the appropriate market entry strategy Ior the target market. Adequate justiIications to the market entry strategy are essential. Recommendations this section should provide recommendations on appropriate international marketing mix strategies (i.e. the 4Ps strategies) Ior the selected target market. JustiIications on the recommendations are required. The Iollowing issues should be addressed. Discuss the international product strategy (e.g. product standardisation, product adaptation, product branding) and provide appropriate justiIications Ior your recommendation. Discuss the international pricing strategy (e.g. market skimming, market pricing, penetration pricing) and provide appropriate justiIications Ior your recommendation. University of Southern Queensland MKT8002 nternational marketing and management 23 Discuss the international promotional/communication strategy (e.g. advertising, sales promotions, direct marketing) and provide appropriate justiIications Ior your recommendation. Discuss the international logistics and distribution strategy (e.g. distribution system, channel and relationships, integrated, independent logistics, transportation, warehousing) and provide appropriate justiIications Ior your recommendation. Conclusions this section should essentially summarise the main points and Iindings in the entire report, including the recommendations. List of references this section should include all reIerence materials used in the report. Harvard AGPS reIerencing style should be used in the report. Se|l ard lear rel|ecl|or This task DOES NOT have to be presented in a report Iormat, but instead using tables (a template will be available via the course homepage) to present the required inIormation. Self reflection this section should clearly provide a selI reIlection on the teamwork activities/processes that the student has been involved in during the process oI preparing the strategic international marketing plan. The Iollowing issues should be addressed. A thorough selI reIlection on your own perIormance based on the key dimensions (i.e. cooperation, leadership, motivation, coaching, inIluencing and delegating). Analyse your own perIormance and explain how the experience has aIIected your selI-understanding and on others. Explain how you might improve your perIormance. Reflection on team this section should provide your reIlection on the team perIormance during the process oI preparing the strategic international marketing plan. The Iollowing issues should be addressed. A thorough reIlection on the team's perIormance as a whole on the basis oI the key dimensions (i.e. communication protocols, meeting schedules, time management, role deIinition, task allocation and sharing). Analyse the team's perIormance and explain how the experience has aIIected your understanding oI teamwork. Explain how the team might improve its perIormance. Peer assessrerl Students must complete a peer assessment Ior EACH oI the team members, and this can be done via the course homepage as Iollow. Login to the course homepage. Then click on 'Report 2 - Peer Assessment under the 'Assessment section. University of Southern Queensland 24 MKT8002 nternational marketing Var||rg cr|ler|a lor reporl 2 University of Southern Queensland MKT8002 nternational marketing and management 25 University of Southern Queensland 26 MKT8002 nternational marketing University of Southern Queensland