Summary International Marketing Chapter 1 What to learn from chapter 1: * The internationalization of business and marketing * The globalization debate and the various meanings of “globalization” * The scope of the international marketing task * The importance of the self-reference criterion (SRC) * The progression to becoming a global marketer * The increasing importance of global awareness and the strategic orientation of firms * The distinction among various terms
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Blue Ocean Strategy Blue Ocean Strategy is a business strategy book that promotes a systematic approach "for making the competition irrelevant." The authors‚ W.Chan Kim and Renee Mauborgne‚ are professors of Strategy and Management at INSEAD ( is an international graduate business school and research institution with campuses in France and in Singapore). A core idea is to create a leap in value for both the company and its buyers by breaking the differentiation/low cost trade-off and to align product
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The External Factor Political‚ Governmental & Legal Forces Government spending and taxation policies Hong Kong is a free port of less tax and low tax rate. The tax must to pay for enterprise only pay the profit tax every year. The normal rate of Profits Tax is 16.5% for corporations and 15% for unincorporated businesses. More companies have been attracted to invest in Hong Kong. Hong Kong does not impose value-added tax (VAT)‚ goods and services tax (GST) or sales tax. The price of products
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Internal and External Factors University of Phoenix May 15‚ 2013 MGT/230 The four functions of management consist of planning‚ organizing‚ leading‚ and controlling. They can have a positive effect on the internal and external environment. An external environment is things‚ which are important factors outside the organizations boundaries. For example‚ if a recession hit the company‚ it would be something out of the hands of the company. It would be very inevitable because of the
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markets According to Kotler‚“ Market segmentation is the subdividing of a market into distinct and increasingly homogeneous subgroups of customers‚ where any subgroup can conceivably be selected as a target market to be met with a distinct marketing mix” ( Chee‚ D.‚ 2012). Companies realize that they can’t attract all buyers in the market. Buyers are too large in number‚ needs to buy their products too varied. So instead of spreading the capacity to cater to all the needs in the market‚ businesses
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Table of Content Page 1.0 Executive Summary 2 2.0 Introduction - Current UK pension market trend 3 3.0 Background – AVIVA 3.1 current AVIVA situations 4 3.2 future prospects AVIVA 4 4.0 Industry analysis 4.1 SWOT analysis 5 4.2 PEST analysis 6-7 5.0 Product analysis 5.1 Types of Pension Personal Schemes 8 5.2 Key issue faced by AVIVA’s PPS 9 5.3 Competitor AVIVA 10 5.4 Target market 11 6.0 Objectives setting of
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of the Current Marketing Strategy (including ad) for chosen Product/Brand. * Is the current marketing strategy (4Ps) and 3Cs well described and analyzed? * Are the current weaknesses identified compelling? | 6 | 3 | Breadth and Depth of Analysis of the Proposed Marketing Strategy for chosen Product/Brand. * Is the proposed marketing strategy feasible (i.e.‚ benefits outweigh costs‚ no legal impediments‚ customer backlash‚ potential limitations)? * Is the proposed marketing strategy effective
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communication process for viral marketing? Is different from conventional marketing? How so? A) The process of viral marketing includes interactions through blogs‚ social media focus groups‚ character interactions‚ strategic informational drops. It’s basically rapid multiplication‚ just like it happens in the case of viruses is what is sought in the case of viral marketing. Thus the message cuts across thousands and perhaps‚ hundreds of thousands in comparison to conventional marketing where it is the brick
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r------------------------------------------------- DATE | 17th April 2013 | TO | Marketing & Sales Department | FROM | Claudio Marseglia‚ Marketing & Sales Manager | SUBJECT | Weekly Information Update | ------------------------------------------------- General Information & Tasks We delivered our draft annual report (in the following text mentioned as “AR”) for ThinkTwice. I am pleased with the result of the team effort. Still‚ I want some points changed. Mrs. Casino
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IDISCUSSION QUESTIONS Chapter 1: 1. To what extent is a global approach to international marketing appropriate to firms in the Asia-Pacific? Global approaches are not always relevant to firms in the Asia-Pacific apart from alerting them to the nature of the international competitive environment in which they are likely to operate. A global approach is not an operating strategy for Indigenous small and medium scale exporters (SMEs) and is only partially appropriate for local subsidiaries of
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