978-1259317224 Chapter 12 Part 2

subject Type Homework Help
subject Pages 8
subject Words 3388
subject Authors Donald Ball, Jeanne McNett, Michael Geringer, Michael Minor

Unlock document.

This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
page-pf1
International Business
Geringer, McNett, Minor, Ball
Instructor Guide to Module 12
9 Instructors Manual Module 12 | Geringer, McNett, Minor, Ball © 2016 by McGraw-Hill Education.
BACK TO MAIN PAGE
ENGAGEMENT & APPLICATION (FACE TO FACE & ONLINE & HYBRID)
BOXED TEXT DISCUSSION QUESTIONS WITH SUGGESTED ANSWERS
GLOBAL DEBATE: Clotaire Rapaille: Charlatan or Code Breaker Extraordinaire in
International Marketing Research?
This French market research guru and “code-breaker” operates from upstate New York and provides
businesses with psychological insight into various markets. These insights for a “code” that will help
markers better understand the market. Such archetypes capture essential, deep attitudes and values that
motivate or inform buying decisions. Rapaille claims 50 of the Fortune 100 firms as clients.
Online and Hybrid: Virtual teams work out responses to the following questions. Present to
class, either online or in face-to-face setting.
Face-to-Face: Students develop responses to the questions in class in teams/groups and report
to the class on their outcomes.
1. Is Rapaille’s code system a short-cut code to understanding the complexities in culture and a way
to make market research easier? Or is it a superficial hoax sold by a charlatan?
2. As a manager, would you hire Clotaire Rapaille or his company to assist you in assessing and
interpreting international market opportunities?
GET THAT JOB! FROM BACKPACK TO BRIEFCASE
Ronny Cheng-Ruggeberg: Risk It!
Ronny Cheng-Ruggeberg describes his early international experiences and his switch from engineering to
interntional business. His basic advice: risk international travel, risk learning, risk making mistakes.
Online and Hybrid: Virtual teams evaluate Cheng-Ruggeberg’s advice for their own career
development. Share conclusions with class, either online or in face-to-face setting.
Face-to-Face: Students evaluate their own career strategy in light of Cheng-Ruggerberg’s advice.
1. What does Cheng-Ruggeberg mean, “Risk it!”?
He means that by risking new situations and making mistakes, you learn and adapt to a new culture. The
key, in his mind, is to risk it. Seek adventure.
2. What did Cheng-Ruggeberg do to prepare for an international career and how might this work for you?
Students will have various answers to this question, depending on their readiness to take that first step (if
page-pf2
International Business
Geringer, McNett, Minor, Ball
Instructor Guide to Module 12
10 Instructors Manual Module 12 | Geringer, McNett, Minor, Ball © 2016 by McGraw-Hill Education.
BACK TO MAIN PAGE
indeed they are not already involved) into international experience. Cheng-Ruggeberg seems to have had
a head start on a global mindset and then studies abroad, traveled, and took a job in Australia on
graduating. That led to his present job in Ireland as channel marketing manager for a software company.
END OF MODULE EXERCISES
CRITICAL THINKING QUESTIONS
1. Select a country and a product that you believe your firm can market there. Make a list of the
sources of information you will use for each screening.
2. What is the logic for the order of the screenings? Can you suggest a time when the order might
change?
3. A firm’s export manager examines the UN’s International Trade Statistics Yearbook and finds
that the company’s competitors have begun to export. Is there a way the manager can learn to which
4. Do a country’s imports completely measure the market potential for a product? Why or why
not?
page-pf3
International Business
Geringer, McNett, Minor, Ball
Instructor Guide to Module 12
11 Instructors Manual Module 12 | Geringer, McNett, Minor, Ball © 2016 by McGraw-Hill Education.
BACK TO MAIN PAGE
eliminate a country from further consideration?
6. Trade missions are political junkets that get the taxpayer to fund a politician’s vacation. Do
you agree or disagree, and why?
7. What are some of the complications that researchers may face when they collect primary data
in a foreign market? Give examples.
8. Consider the market segment screening method. Take a lifestyle segmentsay, people who
like do-it-yourself home decorating. How would the segment screening method suggest that you go
9. You are a consultant to the developers of the latest Spiderman computer game, responsible
for telling the Gameloft CEO where the likely international markets are. What do you do?
10. Assume that your school wants to open a campus in a foreign country and that the dean has
asked you to prepare a list of possible countries. How would you go about fulfilling the dean’s
requirement?
page-pf4
International Business
Geringer, McNett, Minor, Ball
Instructor Guide to Module 12
12 Instructors Manual Module 12 | Geringer, McNett, Minor, Ball © 2016 by McGraw-Hill Education.
This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This
document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
BACK TO MAIN PAGE
MINICASE: Chiobani, Changing the Way We Eat
This minicase reviews how Hamidi Ulukaya, a Turkish immigrant to the U.S., introduced authentic Greek
yogurt into the U.S. market, buying a closed yogurt plant in upstate New York from Kraft. He began with
a SBA grant. Ulukaya prides himself in being close to his consumer and not doing market research, but
rather, relying on his instinct, informed by discussions with the consumer.
1. What obstacles does a foreign-born entrepreneur face in adapting a product to the U.S.
market?
2. Ask foreign students you know whether they can think of any products from home that aren’t
available in your market. How much adaptation would be needed to suit this product to the market
where you are?
page-pf5
International Business
Geringer, McNett, Minor, Ball
Instructor Guide to Module 12
13 Instructors Manual Module 12 | Geringer, McNett, Minor, Ball © 2016 by McGraw-Hill Education.
BACK TO MAIN PAGE
BONUS ACTIVITIES (additional resources not in the text)
This section provides you with support of your course above and beyond what’s found in the text. We
have developed these resources to support your course, to support your traditional, hybrid, online,
flipped class.
VIDEO SUGGESTIONS
McGraw Hill’s collection of international business videos is available on pinterest at
https://pinterest.com/mheibvideos . The Marketing board is rich and varied, updated monthly. It’s a
great resource. See /https://www.pinterest.com/pin/387591111656881815/ for some anticipated
patent issues as the U.S. normalizes relations with Cuba—“A Cuban Rum Brand.”
The U.S. International Trade Administrations “Export Experts: Gathering International Market
Intelligence” delves into research on the exports side at
https://www.youtube.com/watch?v=6niSh7cyB_A.
View Market Research Videos “The Purposes of International Research” at
https://www.youtube.com/watch?v=6niSh7cyB_A/ .
TEAM EXERCISES
These may be done individually or in groups or teams, either in or out of class, for later class presentation.
Some are also appropriate for hybrid and online courses.
1. Political stability. Research areas of the world that have lagged economically behind the rest of
the world. Choose one country and further research how policy instability has affected the country’s
economic growth rates.
Small teams are appropriate for this assignment. In a face-to-face class, the reports can be presented for
feedback from the class, or the reports can be circulated using a class website. In hybrid and online
classes, teams can share their write-ups and then respond to feedback, using video chat or other
interface technologies. (Time: 15 min per report and feedback when presented; time out of class for
hybrid and online classes; preparation time 2-4 hours)
2. Key terms exercise: Meaningful paragraph. Choose five key terms from the end of the chapter
and write a paragraph using them. Your use of the terms should demonstrate your comprehension of
each term. The paragraph should not merely be a listing of the terms and their meanings. Rather, it
should show a working knowledge of each term within an integrated meaningful paragraph.
3. Screening exercise. Assign small teams (up to 5 students) a product and 3 countries to screen as
part of a market assessment. The work is done outside of class and then reported back to class, either in
written form, to be shared on a collaboration site, or as short presentations. This assignment works
with modifications for all class delivery formats.
page-pf6
International Business
Geringer, McNett, Minor, Ball
Instructor Guide to Module 12
14 Instructors Manual Module 12 | Geringer, McNett, Minor, Ball © 2016 by McGraw-Hill Education.
BACK TO MAIN PAGE
SUPPLEMENTAL ACTIVITIES
CASE STUDIES
Case studies that focus on intercultural issues and their effects in business environments are available
through Ivey Publishing and Harvard Business School. Ivey’s catalog is available for browsing (www.
iveycases.com); the cases are downloadable for review, and pricing is in the U.S. $3.50 range. Harvard
Business Publishing (https://cb.hbsp.harvard.edu/cbmp/pages/home) requires an account and offers
downloadable review copies for educators. The case prices begin in the $6 range.
Cadim: the China and India Real Estate Market Entry Decisions” and Cadim: China and India Real
Estate Deals cases describe the need for assessment of investment opportunities by Canada’s largest
pension fund management firm. This is a two case series with spreadsheets available for support.
These are Ivey cases.
“Alpes S.A.: A Joint Venture Proposal,” (A) and (B) describes the proposal to invest in Mexico by Charles
River Labs, a small, family-owned animal health company. The CEO does not support the JV and it must
be funded by CRL. These are Ivey cases.
“Kentucky Fried Chicken in China” weighs the KFC investment decision and follows its progress. This 3-
case series is an Ivey case.
CONTROVERSIAL ISSUES
1. Marketing Gurus or Snake Oil Salesmen?
2. Current events for sources of culture controversy
page-pf7
International Business
Geringer, McNett, Minor, Ball
Instructor Guide to Module 12
15 Instructors Manual Module 12 | Geringer, McNett, Minor, Ball © 2016 by McGraw-Hill Education.
This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This
document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
BACK TO MAIN PAGE
TEACHING SUGGESTIONS
1. This module is very important to students understanding of the process of market assessment in
international business.
2. Focusing on the boxed material and the case study will help students achieve the objectives of the
module. Answers for both the boxed material and case studies are provided in this Instructor’s Manual.
3. The “Check Your Progress” section in the textbook will help in understanding chapter content, and
Connect offers a way to hold them accountable. These topics may be assigned as an outside class
assignment. One of the problems in giving textbook questions as outside assignments is that students
frequently do not do the assignments and wait for the instructor to give them the answers. Instructors
can avoid these problems in several ways: (1) collect assignments at random and assign a grade; (2)
occasionally give some of the same questions as a quiz, thus rewarding students who have done their
assignments; (3) have students hand in assignments and give credit for work submitted (or penalties for
work not submitted); and (4) call on students at random to present on specific questions (giving a small
number of points for correct answers or counting this as part of participation, while being unable to
deliver earns a 0 for the day).
4. Guest lecturers on international marketing are a way to underscore the importance of the
information in the market assessment module. Possible guests include
a market researcher who has conducted market entry assessments who can present some
interesting “battle stories” of marketing entry attempts
a manager with overseas experience would recount some interesting experiences in
implementing market entry
a retired State Department employee who worked overseas who could describe some of the
barriers foreign governments erect to protect their domestic production
someone who served in the Peace Corps might also have interesting observations
faculty colleagues from other countries.
page-pf8
International Business
Geringer, McNett, Minor, Ball
Instructor Guide to Module 12
16 Instructors Manual Module 12 | Geringer, McNett, Minor, Ball © 2016 by McGraw-Hill Education.
BACK TO MAIN PAGE
ASSESSEMENT OF LEARNING
Connect Content Matrix

Trusted by Thousands of
Students

Here are what students say about us.

Copyright ©2022 All rights reserved. | CoursePaper is not sponsored or endorsed by any college or university.