Executive SummaryThe macro-environment consists of larger societal forces that affect entire micro-environment. The six forces making up the company’s macro-environment include demographic‚ economic‚ natural‚ technological‚ political/legal‚ and social-cultural forces. Companies must constantly watch and adapt to the marketing environment in order to seek opportunities and ward off threats. “The marketing environment comprises all the actors and forces influencing the company’s ability to transact
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Executive Summary Marry-brown is a locally owned and running fast food chain that will be located as a global franchise through the innovative attitude to the Marry-brown’s image‚ reputation and aspect of presentation. Marry-brown will deliver a mixture of outstanding food at value pricing‚ with exciting ambience. Marry-brown is the response to collective demand for snack-type fast food meals‚ to be consumed although walking around inside a shopping mall and window shopping. In today’s
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Paper 1 EXTERAL ANALYSIS Macroenvironmental Analysis: • Economic: Globalization of the pharmaceutical industry is an exciting opportunity to have research and development done at cheaper prices in other countries. However‚ this could be a double edged sword for companies because it is easy for other countries‚ such as India‚ to produce generic versions of the drug in bulk. • Technological: Profitability is determined mainly by the ability to discover new drugs. Technology is at the forefront
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Toyota Prius: green or geek machine? There are many reasons why people want a revolutionary car. Some enthusiasts enthuse about scientific and technological advances and want the latest gizmos. Others rebel against fuel price increases‚ even though fuel is cheaper than it has been for decades. Finally‚ people are ‘concerned about the environment’. Hoping that all the above was true and looking to grab a technological advantage over other car manufacturers; in 2000 Toyota introduced Prius‚ their
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Assessment 2-3 Pages Using Porter’s Five Forces‚ describe the forces influencing the industry in the United States and the implications for your marketing plan. See lecture notes and hand out. Macro environment 2-3 Pages Describe macroenvironmental issues including demographic‚ economic‚ socio-cultural‚ natural‚ technological‚ and political/legal as well as other external issues that affect the marketing of your car. Among the obvious external factor includes the price of oil‚ environmental
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School/Portfolio: | The Business School | Course Code/ID: | BUMKT 3705 | Course Title: | International Marketing | Teaching Location: | Partners | Program(s): | Various | Author: | Adam Baker | Level: | Advanced | Semester: | Summer Semester‚ 2012-2013 | Prerequisite(s): | BUMKT 1501 | Corequisite(s): | Nil | Exclusion(s): | Nil | Credit Points/Progress Units: | 15 | ASCED Code: | 080505 | Adopted Reference Style APA 1 COURSE ORGANISATION: 1.1 Handbook/s
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Hall‚ Englewood Cliffs‚ NJ. Drucker‚ P.F. (1995). Managing in a Time of Great Change. Butterworth Heinemann‚ Oxford. Fahey‚ L. and Narayanan‚ V.K. (1986). Macroenvironmental Analysis for Strategic Management Gertner‚ R. (2000). Scenario analysis: telling a good story. In Mastering Strategy. Ginter‚ P. and Duncan‚ J. (1990). Macroenvironmental analysis for strategic management Gladwell‚ M. (2000). The Tipping Point: How Little Things Can Make a Big Difference Grove‚ A.S. (1996) Only the Paranoid Survive
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Chapter 1—The Global Marketing Imperative TRUE/FALSE 1. International marketing is much more than the science and art of business; it includes economics‚ anthropology‚ cultural studies‚ geography‚ history‚ languages‚ jurisprudence‚ statistics‚ demographics‚ and many other fields. ANS: T PTS: 1 DIF: Moderate REF: p. 4 NAT: AACSB Analytic | CB&E Model International perspective | R&D Knowledge of general business functions 2. The major foundation of the international marketing process
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1.0 Introduction AirAsia (AA) is a renowned low cost carrier that offers short and long haul flights based in Malaysia. AA has expanded rapidly since 2001 and has been awarded as the World’s Best Low-Cost Airline in 2008‚ 2009‚ and 2010. One of the reasons for their success is by their strategy formulation‚ implementation‚ and control over the macroenvironment‚ discussed in this report‚ in terms of political‚ economic‚ social‚ technological‚ and natural forces‚ by turning risks into opportunities
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Executive Summary Kentucky Fried Chicken (KFC) Malaysia is a major Quick Service Restaurant (QSR) operator in Malaysia and has been established for just over 20 years now. It serves mainly chicken related items‚ but offers side dishes to its consumers as well. Lately‚ more and more Malaysians have been opting for a healthier eating diet as a large number of them have become more health conscious. This has opened the door for KFC’s main competitors‚ such as McDonald’s‚ to come out with a new range
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