International Marketing: International Marketing environment, Scope of International Marketing, Need and Importance of International Marketing, Difference between Domestic marketing & International Marketing, Challenges in International Marketing.
Foreign Market Entry Strategies: Determinants of market selection, Entry modes (in brief) – Licensing / Franchising, Exporting, Contract Manufacturing, Turnkey Contracts, Joint Venture, Mergers & Acquisitions.
International Product Planning: Selection, Product planning, Product Mix, Product Adaptation Vs Standardization, International Product Life Cycle.
International Pricing Decision: Pricing Objectives, Pricing Methods, Factors influencing pricing, Export Price Quotations and INCO terms.
Distribution Strategy: Meaning, Role and Importance, International channel system – Direct and Indirect, Types of Export distribution channels and their functions, Factors affecting Channel choice.
Case studies related to entire topics are to be taught.