MM04 International Marketing Assignment – I Assignment Code: 2013MM04B1 Last Date of Submission: 15th October 2013 Maximum Marks: 100 Attempt all the questions. All the questions are compulsory and carry equal marks. Section-A 1. Distinguish between the ethnocentric and polycentric approach to international Marketing? Under what circumstances is the polycentric strategy a preferred approach for International Marketers?
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fundamental facts in marketing is that every product has a target audience. Rarely are there products that cross all age‚ gender‚ social background‚ ethnic group‚ etc.‚ in their appeal. Although not impossible‚ if there ever were such products‚ they are extremely few and far between. Why is it important to understand that each product has a specific target audience? Because‚ without identifying the target audience‚ one is unable to utilize the marketing mix to build a successful marketing strategy. According
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Introduction to Marketing Management Marketing management is a process of planning and executing the conception‚ promotion‚ pricing and distribution of ideas‚ goods‚ and services to create exchanges that satisfy individual and organizational goals. Marketing management is a process which involves analysis‚ planning and implementation. It also involves the control of goods‚ services and ideas. The goal of marketing management is to provide satisfaction for parties involved. Marketing management’s
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Market Mix Paper The purpose of this paper is to describe the elements of the marketing mix which is product‚ place‚ price and promotion. In addition‚ selecting the organization whom I work for which is DirecTv and describe how each one of the four elements of the marketing mix impacts the development of DirecTv’s marketing strategy and tactics. This paper will also be describing how each element is implemented. The concept or term of “marketing mix” became popular after Neil H. Borden published
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Campaign Critique Introduction Coca Cola‚ the world’s greatest and most successful brand for soft drinks was introduced in the year 1886. Coca Cola has had a lot of memorable images/advertisements which are seen as an icon for Coca Cola. One of these images is the image of the polar bear. Coca Cola’s advertisements/print advertisements have featured polar bears from as far back as 1922 and have had a lot of memorable moments‚ such as in the year 1993‚ where an advert was released of the polar
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Case #4 Fizz Factor 1) The Coca-Cola Company in my opinion has all the resources listed in the chapter. They have been such a successful organization over the years that they posses; financial‚ physical‚ human‚ intangible‚ and structural-cultural resources. It is because of their Global nature that I believe that they have these resources‚ and these are needed to for organizations to have capabilities and core competencies. Understanding that because Coca-Cola is such a global brand it means that
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Evaluate and determine the marketing mix Submission details Candidate’s Name Phone No. Assessor’s Name Phone No. Assessment Site Assessment Date/s Time/s This Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective The candidate must demonstrate the ability‚ knowledge and skills
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major events in the life of the Coca-Cola Company that have an impact on the company today‚ these include: 1886: Coca-Cola‚ the beverage‚ was first produced by John Pemberton. It was sold at fountains at a Jacobs’s pharmacy‚ a local pharmacy in Atlanta‚ for 5 cents a glass. Frank Robinson named the drink Coca-Cola and wrote it in his own unique script‚ to this day Coca-Cola is written in the exact same way. They used to sell an average of 9 glasses of Coca-Cola a day. 1891: John Pemberton
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Auditoria de Mercadeo: Coca Cola Un proceso fuerte de mercadeo es esencial para el éxito de cualquier organización. Según la asociación de mercadeo americana‚ el mercadeo se considera una "función organizacional y un sistema de procesos para crear‚ comunicar‚ y entregar valor a los clientes y para las relaciones de manejo del cliente de manera que beneficien a la organización y a sus accionistas" (Kerin‚ Hartley‚ Berkowitz‚ & Rudelius‚ 2006‚ p.12). Es decir‚ el mercadeo es el que le lleva valor y
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Internal analysis of the Coca Cola Company internal Environment Using Resource Based View analysis By: (Name) Presented to: (Instructor’s Name‚ Course) (Institution’s Name) (Date) All Rights Reserved PremiumWritingService.com Executive Summary Coca-cola Company is leading manufacturer‚ distributor‚ and marketer of non alcoholic drinks in the United States of America and all over the world. It is a multinational Giant company that has market presence in almost all countries of the
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