All rights reserved. Chapter 6 Licensing‚ Strategic Alliances‚ FDI Outline The non-exporting modes of entry The Licensing Options‚ including Franchising Strategic Alliances‚ including Joint Ventures. FDI and Wholly Owned Subsidiaries Marketing Strategy and Optimal Entry Mode Foreign Expansion and Cultural Distance Waterfall and Sprinkler Strategies Takeaways 6-3 Non-exporting modes of entry Three main non-exporting modes of entry Licensing (including franchising) Strategic Alliances
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1.Samsung’s Background Samsung started its business back in 1938‚ as an agricultural product producer. In 1969‚ Samsung became a low cost black and white TV manufacturer‚ known as Samsung Electronics Company (SEC). To support for its growing business‚ Samsung acquired a semiconductor business‚ and was set for a future in electronics business. During this period‚ Samsung focused on R&D‚ and supply chain to improve the quality of its products. In 1997‚ during the Asian financial crisis‚ SEC had
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I Software industry overview of global marketing channels 1. Overview of the software industry The software industry is the most important and one of the most rapidly growing segment of the information and communication technology (ICT) industries. According to DataMonitor‚ the size of the worldwide software industry in 2008 was US$ 303.8 billion‚ an increase of 6.5% compared to 2007. The United States is estimated to have approximately 50% of the global software market ’s value. U.S. software
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Samsung Electronics Company‚ created in 1969‚ was first considered as a low-cost third-tier commodity brand with a little product differentiation. By exploring marketing strategies‚ market research and analysis‚ Samsung has easily change into a major player in the electronic products and home appliances market. The company has climbed up the rank in the past decade and was in 2003 at the 25th position of the world’s most valuable brand. The goal is now to reach the top 10 by 2005. For that‚ the brand
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patent holder. Parallel Imports: When a product manufactured legally overseas is imported by another country without the consent of the patent holder. Bolar exception: This allows manufacturers of generic drugs to use a patented invention to obtain marketing approval—e.g. from public health authorities—without the permission of the patent owner and before the patent expires. Introduction The introduction of patents in the pharmaceutical industry has resulted in a wide controversy and divisions between
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Skagen Designs: becoming an international player in designed watches Towards the end of 2006 Charlotte and Henrik Jorst can look back at 15 hectic but successful years. Their company was founded in an apartment in New York‚ from where its first marketing efforts took place. The two entrepreneurs started selling relatively expensive watches bearing a logo that American companies might use as company presents. During the Gulf Crisis however it was very difficult to sell watches in that price range
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Introduction Global marketing refers to marketing activities coordinated and integrated across multiple country markets. The concept of this involves the creation of a single or standardized strategy for a product‚ service or a company (Johansson‚ 2006). Those markets are not only defined within country boarders‚ but are also defined by buyer preferences that are similar across countries. Recently‚ going global becomes a trend. As Crespy (1986) indicated‚ firms should turn themselves into global corporations
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attention has been focused on the debate over global versus localized marketing strategies for firms competing in international markets. In this assignment‚ we are going to analyze the debate over global versus localized marketing from a cross-cultural consumer behavior perspective. We also discuss the type of products or services for which a global marketing and advertising strategy whether is it appropriate or not. We will analyze the logic of the global marketing strategies from a consumer behavior perspective
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sovereignty. – Part A & Part B NON STATE ACTOR 1) NSA play a very important role in the global affair today. Discuss the significance of NSA in the international affairs. 2) Explain the meaning of NSA. Discuss the advantages & disadvantages of NSA in the international arena. GLOBALIZATION 1) Discuss the positive and negative effects of globalization a developing country. CHAPTER 2: GLOBAL CONFLICT USSR 1) Discuss the internal & external factors which caused the collapse of
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GLOBAL marketing class CULTURAL SENSITIVITY IN GLOBAL MARKETING: AUSTRALIA–MALAYSIA RELATIONS Australian companies have been exporting‚ forming joint ventures and setting up wholly owned overseas operations since the middle of the last century. In the 1880s Colonial Sugar Refinery Limited (CSR) invested in the Fijian sugar industry and Burns Philp and Co Ltd established stevedoring‚ shipping‚ retailing and copra production throughout the South Pacific. Early this century‚ Australian mining
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