with Competitors’ Products 7 V. Strengths‚ Weaknesses. Opportunities and Threats analysis 8 5.1 Strengths Analysis 8 5.2 Weaknesses Analysis 9 5.3 Opportunities Analysis 10 5.4 Threats Analysis 10 VI. Target market 11 VII. Marketing objectives 11 VIII. Marketing strategy 13 8.1 Product Strategy 13 8.1.1 Product Variety 13 8.1.2 Brand Name 14 8.1.3 Packaging 14 8.2 Pricing Strategy 14 8.2.1 Setting the Price 14 8.2.2 Adapting the Price 15 8.3 Distribution Strategy 16 8.3.1 Intermediaries
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1.0 Executive Summary The main objectives of this marketing plan is to evaluate the possibilities for May Soap to enter into the new market- Philippine. There are three possible market entry strategies‚ which are indirect exporting‚ direct exporting and joint venture. Direct exporting is more favourable as it provides greater control and this is important for expanding the business in future. Most-Likely‚ for Lam Soon to enter into a new market like Philippine‚ may incur loss of around RM 25‚000
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ABSTRACT This paper looks at the motive behind strategic planning. The various strategic planning models are illustrated in a concise but well elaborated manner. As a means of analysis and evaluation the strategic planning model is criticised constructively. Alternative approaches to strategic planning are discussed to the extent of assessing if only one approach is suitable and applicable in all situations or there is need for a specific approach for a specific situation or a
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http://www.slideshare.net/gahuja/international-marketing-11102521 Question examples Using relevant international marketing concepts‚ critically analyse the claim that a ‘glocalised’ marketing approach is the key to success for international companies（eg. KFC）. Definition 2 or 3 advantage Evidences：Against global standardization‚ some international company use standardization failed (evidence‚ some people said disadvantages=>name and year) like global is not good =>glocal is better From the perspective
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Steps in the Human Resource Planning Process Designing the Management System • A crosscutting issue in human resource planning is to ensure that a proper system is in place to handle the process. The overall aim of this system is to manage human resources in line with organizational goals. The system is in charge of human resource plans‚ policies‚ procedures and best practices. For example‚ the system should track emerging human resource management trends‚ such as outsourcing certain non-core
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ABDT3214 International Marketing Week 2 Tutorial 1: Introduction to Global Marketing SECTION A: Coursework Briefing SECTION B: Discussion Questions 1. What are the basic goals of marketing? Are these goals relevant to global marketing? Marketing activities represent an organization’s efforts to satisfy customer wants and needs by offering products and services that create value. These goals are relevant in virtually every part of the world; however‚ when an organization pursues market opportunities
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"Decision making is the cognitive process leading to the selection of a course of action among alternatives." Usually the decision making process is implemented resulting from an identified problem that needs to be addressed and remedied. Each decision making process produces a final choice‚ which is called a decision. Planning is an integral part of the process. Without an organized plan‚ a final decision will be very difficult to achieve. Planning and decision making are very similar‚ yet
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International Islamic Marketing and its Impact on Conventional Marketing There are varying business ethics adopted by some society. These have been transitioned for generations with a belief on their effectiveness in ensuring a cordial relationship between a buyer and a seller. Ethics among the Islam strictly adheres to the religion’s teachings. They have been found to guide on all areas regarding businesses. This includes conventional marketing. Any business would wish to market their products
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International Marketing: Exam 2 Notes Chapter 6: The Political Environment * Sovereignty of Nations * Sovereign state is independent & free from external control * Enjoys a full legal equality with other states * Governs own territory * Selects its own political‚ economic‚ and social systems * Has power to enter into agreements with other nations * Sovereignty refers to powers exercised by a state in relation to other countries and the
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Vanasthalipuram Hyderabad India Local Phone: 040-27764429 12/1/2012 Jay Castle As a marketing product manager for Capital Fitness I was assigned the responsibility of increasing the sales of our products and our personal training services. As a company we have decided to expand by going international; focusing on the booming population of fitness professionals in India. Jay Castle As a marketing product manager for Capital Fitness I was assigned the responsibility of increasing the sales
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