1 IKEA’S GLOBAL STRATEGY: FURNISHING THE WORLD 1） What are IKEA’s firm specific advantages? Country specific advantages? 2）.What are the cultural factors which make expansion abroad in retailing difficult? What has made it possible in IKEA’s case? 3） Describe how IKEA’S expansion has re-energized mature markets around the world and changed the competitive situation. 4） How does the TV advertising campaign initiated by IKEA overcome the entry barrier of high advertising expenditures? 5）Should
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Describe the strategies that have been suggested to reduce global warming. To what extent do you think they are successful? Global warming is the rise in the average temperature of Earth’s atmosphere and oceans since the late 19th century and its projected continuation. Since the early 20th century‚ Earth’s mean surface temperature has increased by about 0.8 °C. It is primarily caused by increasing concentrations of greenhouse gases like carbon dioxide and methane produced by human activities such
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A Look at the Global Marketing Strategies of McDonald’s and Starbucks Abstract This paper explores the global strategies of McDonald’s Corporation and Starbucks Corporation. An overview of the company histories is included along with the basic business philosophies. The focus of the paper is on the marketing strategies‚ both domestic and international‚ examining the marketing mix for each company. The four P’s of marketing are detailed with examples of how each company uses them to their advantage
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Clarisse Lanugan Rose Vi Crisostomo Jennica Tahinay Case Study- Global Marketing Strategies Introduction On paper‚ global marketing is undoubtedly a great concept. The idea of leveraging a marketing strategy across multiple markets seems to be nothing but beneficial. It saves effort and resources‚ and ensures a high degree of consistency between all in-market branding and activities. However‚ the question of whether global marketing works is a frequent conversation topic amongst marketers
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The current issue and full text archive of this journal is available at http://www.emerald-library.com Strategies in an era of global competition Deakin University‚ Geelong‚ Victoria‚ Australia Keywords Tariffs‚ Subcontracting‚ Case studies‚ Globalization Abstract The Australian government welcomed globalisation and led the way with tariff reductions‚ claiming that many local manufacturers were inefficient and inward looking as a result of over protection. This paper reports on a series of interviews
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Contents Introduction 3 McDonald’s Corporation 4 Business Strategy Implemented by McDonald 4 How did McDonald reach every corner of the world 7 Using the 7P’s of marketing mix‚ McDonald earned business success at every part of the globe; 7 Advantages of a franchise business and its impact on McDonald 10 Conclusion 12 References 13 Global Business Strategy of McDonald The McDonald ’s Corporation is the world ’s largest chain of hamburger fast food restaurants‚ serving around 68 million customers
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electronic gadget for the first time. There is absolutely no question that consumer technology sparks imagination like nothing else. The Consumer-Electronics industry is the world of entertainment‚ communication and office products. Currently‚ the global consumer electronics industry is dominated by the South Korean‚ Japanese and American companies. One of these South Korean companies is LG Electronics Inc. Originally being established in 1958‚ LG Group is the merger of two Korean companies‚ Lucky
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Ten Steps To A Global Human Resources Strategy By John A. Quelch and Helen Bloom Creating an effective global work force means knowing when to use "expats‚" when to hire "locals" and how to create that new class of employees -- the "glopats." The scarcity of qualified managers has become a major constraint on the speed with which multinational companies can expand their international sales. The growth of the knowledge-based society‚ along with the pressures of opening up emerging markets
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Chapter 9: Global Market Entry Strategies The need for a solid market entry decision is an integral part of a global market entry strategy. Entry decisions will heavily influence the firm’s other marketing-mix decisions. Global marketers have to make a multitude of decisions regarding the entry mode‚ which may include: (1) The target product/market (2) The goals of the target markets (3) The mode of entry (4) The time of entry (5) A marketing-mix plan (6) A control system to check the performance
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Case 1: McDonald’s global marketing strategy 1. Identify the key elements in McDonald’s global marketing strategy (GMS). In particular‚ how does McDonald’s approach the issue of standardization? McDonald’s has become the most famous and successful fast-food restaurants all over the world. The concept of fast food and American-style food (burgers‚ fries) has conquered the world. We can talk about standardization regarding Mcdo’s strategy: the marketing mix is basically the same. Products: Fast
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