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2008 - Marketing Educators' Association

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As shown in Table 1, the means of the two items<br />

related to the real business situation and personal<br />

satisfaction are 4.53 and 4.25, respectively. Similar<br />

results can be seen in other research (Forman, 2006;<br />

Li, Greenberg, & Nicholls 2007), and the results<br />

confirm that real world experience and personal<br />

satisfaction in career preparation benefit from<br />

experiential learning.<br />

CONCLUSIONS AND IMPLICATIONS<br />

The business proposal assignment offers a valuable<br />

alternative to the traditional case study for<br />

International <strong>Marketing</strong> courses. Findings reveal that<br />

students seem to learn more through this experiential<br />

project than from a traditional case study, which of<br />

course has great benefits to students too. Also, the<br />

results of this study provide empirical support for the<br />

inclusion of practical multicultural experiences in the<br />

context of the International <strong>Marketing</strong> classroom.<br />

The study produced five main findings:<br />

(1) Analyzing the research and developing an<br />

international business proposal are very different<br />

than just reading about it. Preparing the research<br />

paper to be accepted by both the real business<br />

partner overseas and the professor is a double<br />

responsibility for students. Students suggested<br />

that they get a feel for the reality of international<br />

business. Interestingly, the students tended to<br />

feel much more comfortable preparing a business<br />

proposal for a local market rather than for a<br />

general international partner. Narrowing the<br />

challenge to a certain sub-region allowed the<br />

students to focus on a particular area allowing for<br />

a greater sense of accomplishment.<br />

(2) A major benefit of this new technique is that the<br />

project can complement career interests.<br />

Students said that they had great motivation to<br />

have real international experience. They<br />

preferred to have the business proposal project<br />

with the real foreign partner’s response in their<br />

personal profile, rather than a traditional case<br />

study. Also, the project allowed students the<br />

opportunity to work with an international business<br />

partner without an expensive study abroad<br />

experience.<br />

(3) The experiential assignment helped students to<br />

understand cultural differences between the U.S.<br />

and an area of Russia. The project provided<br />

students with an understanding of the breadth<br />

and depth of the cultural responsibilities that a<br />

marketer needs today to be successful in<br />

international business relationships. For example,<br />

students discovered that the Russian economic<br />

environment is not stable; each sub-region of<br />

Russia is unique and differs both economically<br />

and socially.<br />

118<br />

(4) The students indicated that this project made<br />

the course more interesting and did not seem<br />

silly.<br />

(5) This is a challenging, rewarding assignment<br />

for both the educator and student. In<br />

establishing and maintaining an open<br />

dialogue with the students and the foreign<br />

partners, the educator can face two<br />

challenges: (1) they need to carefully<br />

organize, coordinate and to create the rules<br />

between the students and foreign partner;<br />

and (2) they must provide a supportive<br />

environment with liberal outside assistance<br />

so as to personalize interactions with each<br />

student (Mohr, 2007). In addition to having a<br />

clear understanding of the project, the<br />

educator must introduce the project to the<br />

students at the beginning of the term, get the<br />

students to focus on particular products, give<br />

examples, introduce the Russian market, and<br />

prepare the appropriate library resources for<br />

the students. The Russian business partners<br />

enjoyed working with the U.S. marketing<br />

students. One of the other challenges for the<br />

educator is to maintain their relationships and<br />

develop new contacts. In other words,<br />

preparation is the key to the success of the<br />

project. The main challenge for the students<br />

was to understand the differences of the<br />

foreign market and culture. The survey did<br />

indicate that the new project was not as<br />

enjoyable as compared to a traditional case<br />

study. It may have been somewhat less<br />

enjoyable because it was much more<br />

challenging and time consuming than a<br />

traditional case analysis. Sometimes the<br />

most challenging project is also the most<br />

memorable. Students’ most memorable<br />

course experiences are often those where<br />

they were challenged in a significant yet<br />

meaningful way and where they<br />

accomplished a lot through their own hard<br />

work and determina-tion, even more than<br />

they originally realized they were capable of<br />

accomplishing (Mohr, 2007).<br />

REFERENCES<br />

AACSB (<strong>Association</strong> to Advance Collegiate<br />

Schools of Business). (2007). Eligibility<br />

procedures and accreditation standards for<br />

business accreditation. Adopted April 2003,<br />

revised January 31, 2007. Retrieved February<br />

<strong>2008</strong> from http://www.aacsb.edu/accreditation/<br />

standards.asp.<br />

Burton, D. (2005). New course development in<br />

multicultural marketing. Journal of <strong>Marketing</strong><br />

Education 27, 151-162.

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