BB0024– Introduction to International Marketing - 4 Credits (Book ID: BO103) Q.1 Name and explain with suitable examples‚ three reasons why international marketing is more challenging than domestic marketing. Ans. International marketing is more challenging than domestic marketing because the scope is much wider - in essence‚ when a company or individual markets on an international scale‚ they are marketing to the entire world‚ rather than a specific country. Since the scope is global‚ the
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Amnesty International: ‘IT’S NOT HAPPENING HERE‚ BUT IT IS HAPPENING NOW.’ [pic] Concept 29 May‚ 2006‚ the streets of Switzerland’s cities were transformed into a theatre of war. Youngsters with guns‚ bloody war victims and black-hooded tortured prisoners took over the streets at local bus stops‚ shopping centres and train stations. The organisation behind this attack was not an extremist terrorist group‚ it was Amnesty International. The children soldiers and tortured civilians were
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Political Analysis Economic Analysis • Political stability • Risk of military invasion • Legal framework for contract enforcement • Intellectual property protection • Trade regulations & tariffs • Favored trading partners • Anti-trust laws • Pricing regulations • Taxation - tax rates and incentives • Wage legislation - minimum wage and overtime • Work week • Mandatory employee benefits • Industrial safety regulations • Product labeling requirements • Type
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SECTION 1: PEST Analysis Royal Dutch Shell plc also known as Shell is an Anglo-Dutch multinational oil and gas company. It’s headquarter is located in The Hague‚ Netherland while its registered office is located in London‚ United Kingdom. Shell is the world’s second largest revenue company and it operates in over 90 countries and has 44‚000 service stations worldwide. PEST analysis‚ “Political‚ Economic‚ Social and Technological analysis” is the external macro-environment in which a firm operates
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International Marketing Notes – After Midterm Notes Chapter 11 – The International Marketing Mix: Products and Services International demand and competitive advantage Global demand: the special case of industrial markets Derived demand – demand dependent on another source International demand and product quality Quality defined Quality – market-perceived quality and performance. Both are important concepts but consumer perception of a quality product often has more to do with the market perceived
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PEST ANALYSIS Political- Hong Kong is politically stable‚ there would rarely be any political factors that will interrupt and slow down the company’s growth. Hong Kong doesn’t have goods and services tax so this allows McDonalds to have lower expenses and they can maximize their profit. The international operations of Mcdonald’s are highly influenced by the individual state policies enforced by each government. Economic- The economic collapse has caused Hong Kong to enter the recession stage in
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is that people working at home‚ with technological advances and more businesses try to find more flexible working practices. For this reasons the demand for home office furniture has increased. Therefore‚ this research is trying to give some of marketing strategies of home office furniture business for IKEA Company in order to increase their market share in home office furniture market. The primary research investigated which factors are important when consumer purchase home office furniture‚ and
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Pest Analysis On Nokia - December 2nd‚ 2010 Nokia Corporation (Finnish pronunciation: [nki]) (OMX:NOK1V‚ NYSE: NOK‚ FWB: NOA3) is a Finnish multinationalcommunications corporation that is headquartered in Keilaniemi‚Espoo‚ a city neighbouring Finland’s capital Helsinki.[3] Nokia isengaged in the manufacturing of mobile devices and in convergingInternet and communications industries‚ with over 123‚000 employeesin 120 countries‚ sales in more than 150 countries and global annualrevenue of EUR 41
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Chapter 15 International Marketing Channels True / False Questions 1. The distribution process includes promotion of goods and services by sellers and resellers. True False 2. The behavior of channel members in the distribution process is the result of the interactions between the cultural environment and the marketing process. True False 3. In an import-oriented distribution structure‚ supply often exceeds demand. True False 4. Traditional channels
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approach to overseas markets‚ it attempts to organize its international marketing activities on a country to country basis. Each country is treated as a separate entity and individual strategies are worked out accordingly. * Local assembly or production facilities and marketing organizations are created for serving market needs in each country. Polycentric orientation could be most suitable for firms seriously committed to international marketing and have its resources for investing abroad for fuller
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