Emirates Country Notebook & Four Seasons Marketing Plan Steve Callis Carlos-David Islas-Labastida Renee Werner April 25‚ 2006 Georgia State University Table of Contents Topic Part One: United Arab Emirates Country Notebook I. Introduction II. Geography III. Economic Environment IV. Cultural Environment V. Business Customs and Practices VI. Political Environment VII. Legal Environment VIII. Marketing Research IX. Other Statistics X. Competitive Environment Part Two: Four Seasons Marketing Plan I. Target
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Four Seasons Goes to Paris: 53 Properties‚ 24 Countries‚ 1 Philosophy Four Seasons is the world’s leading operator of luxury hotels and resorts. They are well known not only in the U.S. but they are a huge international hit. They have been successful over the last thirty years because of their strengths of diversity and originality. Four Seasons does not want to be a globalization of markets like McDonald’s‚ where everyone is the same. They are not a “cookie-cutter company.” This is a great
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EXHIBIT 1 Porter’s 5 Forces: Computer Industry Threat of New Entrants: Medium With the standardization of most of the computer components‚ it becomes easy for customers to change their laptops. This leads to a moderate customer switching cost. The availability of direct-to-customer service and retailers‚ it becomes easy for customers to find their desired product as well as for companies to provide their products in less time and with reduced cost. If any new player wants to enter into the market
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A Porter’s five forces analysis can complement other techniques‚ like a SWOT analysis. A SWOT analysis focuses on the company‚ while a Porter’s five forces analysis looks at the external factors impacting on a company. * Porter’s five forces are listed in the left margin. Degree of Rivalry is emboldened because it is the central force‚ which involves all the other forces. Classical economics predicts that rivalry between companies should drive profits to zero. This is part of the threat
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“Four Seasons Goes To Paris” This case study presents a clear example of the two simultaneous challenges of entering the global market with a well established brand and culture. The first challenge‚ and one that might seem obvious‚ is that of understanding the culture with which you hope to create a successful partnership of sorts‚ and the second challenge is that of understanding the traits‚ characteristics‚ strengths and weaknesses of your own brand or corporate culture‚ and how you may need
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Analyze Industry Structure In the analysis of the structure of the industry‚ competitive forces in industry analysis can be developed such as: 1. Threat of new entrants. In every industry there are problems for companies to face such as the entry of new competitor in the same industry. This is because it can lessen the market share of the company. These new companies use different approaches to attract the customers like they might offer cheap rates as compared to the well reputed brands for the
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changes that he has witnessed within agriculture in terms of farming methods and who is involved in the process of selling the crops produced by farmers. Four Seasons In Five Senses‚ also by Masumoto‚ is written six years before Wisdom Of The Last Farmer‚ and also depicts what traditional American farming resembled‚ though‚ there is an emphasis on the five senses. In the past‚ farming led farmers obliged to pick crops‚ such as peaches‚ when they were just about ripe since those crops would likely be in
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5 Forces Model 1. Threat of New Entrants.( LOW) a. The average person can’t come along and start up a bank‚ but there are services‚ such as internet bill payment‚ on which entrepreneurs can capitalize. Banks are fearful of being squeezed out of the payments business‚ because it is a good source of fee-based revenue. b. Another trend that poses a threat is companies offering other financial services. What would it take for an insurance company to start offering mortgage and loan services? Not
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The Five Forces Model (developed by Dr. Michael Porter of Harvard University) serves as a framework for examining competition that transcends industries‚ particular technologies‚ or management approaches. The underlying fundamentals of competition go beyond the specific ways individual companies go about competing (i.e. StrengthsWeaknesses-Opportunities-Threats (SWOT) analysis; the 4P’s of marketing: product‚ price‚ place‚ promotion). The underpinning of this framework is the
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Assignment 1 Describe Porter’s Five–Force model and how it is helpful when developing one’s international strategy. Do you see any limitation to Porter’s modeling techniques? Michael Porter ’s Five-Force model‚ as described and illustrated in “Porter’s Five Forces: A Model for Industry Analysis (Article from QuickMBA.com)”‚ goes beyond the traditional industry competitive analysis that would just compare Rivals‚ both current and potential‚ to include Suppliers and Buyers and also Product or Service
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