Global Marketing Management: Planning and Organization Section A: Global Marketing Management Global Marketing Management: An Old Debate and a New View: The approaches to global marketing have revolved over the decades. The following trends have been observed: ▪ 1970’s: “standardization vs. adaptation” ▪ 1980’s: “globalization vs. localization” ▪ 1990’s: “global integration vs. local responsiveness” ▪ 2000’s: mixture of global‚ localization The recent trend of mixture of
Premium Marketing
[pic] THE NETWORK ECONOMY The Network Economy The history of economics of the Industrial Revolution since its beginnings is based on growth. Growth of people meant more customers and growth of production‚ which lead to growth in profits. This so-called “old” or traditional economy was based on bulk production‚ demanding large quantity of resources and limited know-how. The traditional economy‚ according to Alfred Marshall was based on diminishing returns. According to him producers
Premium Supply and demand Economy Microeconomics
BRITISH BUSINESS STUDIES DEGREE PROGRAMMEB.A. (HONS) IN BUSINESS ADMINISTRATIONMKT 473: MARKETING COMMUNICATIONSFINAL EXAMINATION: REVISION | | Question 1“Green Marketing” appears to gain popularity among marketers today. To some marketers it helps them to develop a competitive advantage. The Directors of Cathay Pacific Airways seems to believe strongly in the advantages of “Green Marketing”.As the Regional Manager for Cathay Pacific Airways‚ you are asked to provide some inputs on what
Premium Marketing Cathay Pacific Business
Introduction It is crucial in the field of microbiology to study the morphology‚ biological activity‚ and the behavior of microbes thus the isolation of such microbes from the environment is necessary because it allows scientists to study them in close proximity. Microbial life forms are found everywhere. They are major players in biogeochemical cycling of elements and primary producers in numerous environments. There are also some microbes living inside higher forms of organisms that aid in digestion
Premium Microorganism Organism Bacteria
The weight is transferred to the supports at either end. Suspension Bridges are one of the longest types of bridges. Suspension Bridges can span distances from 2‚000 to 7‚000 feet far. Depending on how they are built. They are ideal for covering busy waterways. A Suspension bridge suspends the roadway from huge main cables‚ which extend from one end of the bridge to the other. There cables rest on top of high towers and have to be securely anchored into the bank at either end of the bridge. Cantilever
Premium Bridge Bridges
Marketing Management‚ 14e (Kotler/Keller) Chapter 2 Developing Marketing Strategies and Plans 1) The task of any business is to ________. A) create customer needs B) differentiate in terms of cost of production C) deliver customer value at a profit D) reduce competition E) communicate similar value as provided by competitors Answer: C Page Ref: 33 Objective: 1 Difficulty: Easy 2) What is the traditional view of marketing? A) Firms should just focus on production because if the
Premium Marketing
tandardization / customization Question 3‚ Week 3 * Summarize the standardization/customization debate in global marketing * Identify factors which promote standardization * Identify factors which promote customization * To what extent are consumers buying habits converging? * Illustrate your answer with examples of markets and brands based on your own research * Give full citation of sources in Harvard format ____________________________________________________________
Premium Marketing
Fast Fitness Marketing Audit of 2005 Table of content: I. Objectives of the Fast Fitness Marketing Audit II. Environment II/a. External Environment A. Macro-environment - Economic - Political/Legal - Social/Cultural - Technological B. Task Environment - Distribution systems - Support systems C. Market Environment - Markets - Target segments - Competitors - Five force analysis D. Publics Environment II/b. Internal Environment E. Marketing Strategy audit - Business mission/vision/goals
Premium Marketing
Absolut Vodka’s Absolute Global Marketing On a lovely morning of September 2009‚ with the fiftieth “beep”‚ Steven scanned the last bottle of the limited edition Absolut Vodka 2009 on the spirits Shelf of Selfridges London. The latest special-edition bottles of Absolut - packaged in a dramatic heavy-metal rock style‚ wrapped with golden studs and gray leather‚ rapidly become a spot light among the shelf‚ the whole spirit of Rock n’ Roll are simple illustrated by the new design‚ and just as its normal
Premium Vodka Distillation Absolut Vodka
Introduction to global marketing ‘The process of focusing the resources (people‚ money‚ and physical assets) and objectives of an organisation on global market opportunities and threats’ Keegan 1995 Marketing is now a universal discipline the new concept of marketing appeared 1960 - Marketing Myopia - Levitt now ‘strategic’ concept The Three Principles of Marketing Customer value and the value equation i.e. value greater than competitors Value equation is: VALUE = PERCEIVED
Premium International trade Marketing World Trade Organization