Cultural and political forces influence international marketing activity. Discuss the impact of these forces and illustrate your answers with examples. Cultural Language. Will language be a barrier to communication for you? Does your host nation speak your national language? What is the meaning of your brand name in your host country’s language? Customs: what customs do you have to be aware of within the country? This is important. You need to make sure you do not offend while communicating
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attributes such as firms characteristics‚ type of product‚ pricing of product‚ the amount of research conducted‚ promotions and the channels of distribution. Uncontrollable elements effecting Starbucks are competitive structures‚ domestic and international‚ varying levels of technology and cultural differences. Starbucks encountered revised incomes with the economic downturns of recent and it quickly realized that its gourmet product was among the first to be cut out of tightening budgets. The
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International Marketing and Advertising The idea that I have for this week’s assignment in regards to international advertising is to compare and/or contrast NIVEA‚ the skincare products from Germany. However‚ the comparison will be of NIVEA USA and NIVEA Indonesia. The sources that I take are from the following websites: http://www.niveausa.com/ http://www.en.nivea.co.id/ http://www.youtube.com/watch?v=yHgQV1oDPOQ http://www.youtube.com/watch?v=x4aTZhouHxo http://www.youtube.com/watch
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cause frustration‚ miscommunication‚ and‚ ultimately‚ failed business opportunities if these differences are not understood and responded to properly. What international marketers can do to minimize the differences and to prevent failed business opportunities is the ability to adapt. Adaptation is a key concept in international marketing and willingness to adapt is a crucial attitude. Affirmative acceptance is also required as it makes adaptation easier because empathy for another’s point of
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International marketing Case 2-7 Q1) How should McDonalds respond when ads promoting healthy lifestyles featuring Ronald McDonald are equated with Joe camel and cigarette ads? Should McDonalds eliminate Ronald McDonald in its ads? A1) in my opinion‚ changing the character Ronald or eliminating it is not the answer‚ the answer is for McDonalds to emphasis that cigarettes are always harmful‚ in contrast McDs menu has a variety of healthy options‚ so the comparison is wrong because it is
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important questions the marketing manager must answer to design a winning marketing strategy. How does the manager go about answering these questions Chapter 1 Review Notes 1. Define marketing and discuss how it is more than just “telling and selling.” Marketing is managing profitable customer relationships. The twofold goal of marketing is to attract new customers by promising superior value and to keep and grow current customers by delivering satisfaction. Hence‚ marketing is defined as the process
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September until 4 September. We started to depart at 6.00 A.M. and arrive 10.00 A.M. First place we had visit was a Ministry Of International Trade Malaysia had known as MITI. At MITI we were given a talk about what is MITI? What MITI do? Before this I don’t know anything about MITI after I go there I get more knowledge. MITI is as organization want to help entrepreneur to international their product. MITI has made many programs to achieve their target to help entrepreneur for example MATRADE. After MITI
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Chapter 4 HW: pg 125 #8 & #18 8. “Members of a society borrow from other cultures to solve problems that they face in common.” What does this mean? What is the significance to marketing? Because different cultures experience different events and hold different values‚ they provide a unique perspective towards a variety of problems. They may view a problem differently and provide insight that would be new to those from other cultures. An example would be “kaizen”. It is a Japanese word that essentially
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Innovative Marketing‚ Volume 3‚ Issue 4‚ 2007 Demetris Vrontis (Cyprus)‚ Alkis Thrassou (Cyprus) Adaptation vs. standardization in international marketing – the country-of-origin effect Abstract The literature on international marketing presents a confrontation between two mainstream schools of thought regarding international marketing. The one supports the standardization approach and argues that multinational companies’ behavior should be uniform to minimize total costs and promote a global
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Thesis Topic: How can globalization influence the Standardization of International Marketing Strategies? Introduction One of the most intriguing discourses in the field of contemporary marketing management is the standardization of international marketing strategies. The intent of this paper is to examine the standardization of marketing elements within a multinational marketing strategy. A majority view among international marketers is that each national is unique and thus each must be treated
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