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 ____________________________________________________________ _____________________ Standardization: Achieving
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National Culture in Sony As mentioned earlier‚ Sony is a Japanese company with its operations all around the world. The company started its operations in 1946‚ taking this into account we can easily assume that Sony has a strong connection with its national values and incorporates a culture that is derived from these values. We will now use the five dimensions developed by Hofstede in order to assess its national culture. Power Distance The power distance value of Japan as calculated by Hofstede
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The Revolution Against Standardization To a student‚ the end of the school year can be one of the most stressful parts of the school year. When they hear this‚ a lot of confused parents like to ask “why?” The answer is pretty simple. At the end of the school year‚ students have to take giant exams called standardized tests. These tests are hyped up for the duration of the school year which makes some students nervous on test day. This will affect the student’s performance‚ therefore decreasing
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Strategy and Leadership (LB 5215)Course : Master of Business Administration(SP 51-‘12) Case Study Report on Sony Corporation TABLE OF CONTENTS I. EXECUTIVE SUMMARY 3 II. INTRODUCTION 4 Objectives 4 Relationship between Mission & Vision Statement and Performance of Sony 4 Report Usability 6 Methodology 6 III. COMPANY PROFILE 6 Ownership 6 Overview and History 8 Product-Market Strategy 10 Products 10 Market Segmentation 11 IV. ANALYSIS ON THE COMPETITIVE
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Sony Corporation | | Native name | ソニー株式会社 | Type | Public | Traded as | TYO: 6758 NYSE: SNE | Industry | Conglomerate | Founded | 7 May 1946[1] | Founder(s) | Masaru Ibuka Akio Morita | Headquarters | Minato‚ Tokyo‚ Japan | Area served | Worldwide | Key people | Sir Howard Stringer (Chairman of the Board) Kazuo Hirai (President & CEO) | Products | Consumer electronics Semiconductors Video games Media/Entertainment Computer hardware Telecom equipment | Services
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Samuel Lopes | Março 2011 Caso – Shoot the dog: bye-bye AIBO Q: A que segmentos se dirigem o AIBO‚ o Pleo e outros robots animais? Quem lhe parece que serão os compradores? R: Na minha perspectiva‚ no caso do Aibo os segmentos são: famílias (com médio-‐alto poder financeiro) com filhos
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1.7 million students sit down to take a test that will be essential when determining their acceptance into college annually. In 1926‚ the Scholastic Aptitude Test was introduced with the purpose of measuring aptitude or innate mental ability rather than the mastery of subjects learned. The test was developed from from an army IQ test‚ invented by a man who’s purpose of this test was to exclude minorities and immigrants. The Scholastic Aptitude Test (SAT) is neither fair nor does it actually measure
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friendly. CO emission tax is another factor of getting a new car‚ however not all countries have it. * Economic factors The product will be sold worldwide. However‚ not all countries are on the same development level. Since the VW Golf and Sony XPlod product is quite expensive‚ only a relatively small amount of people will be able to afford it. The product’s target group are middle and upper middle class people which means that this car will not be popular in the third world countries or
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Lane Kellar- Marketing Management 12th edition. • www.economictimes.co.in • www.hindubusinessonline.com OBJECTIVE: The study was conducted to evaluate “brand image of Marlboro” and to define various branding concepts and its importance in marketing strategy.
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planning and more use of strategies should be pursued. Sony could start with the implementation of a new mission statement‚ with profit and benefits of the company tied more closely to everyday operations. Internally‚ the four forces‚ the management‚ the designers‚ the production and the marketing should achieve better communication and cooperation. Alliance and cooperation between competitors should also be actively sort after in order to create standards in new fields. Sony should aim at being the
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