This chapter discusses global marketing strategies and concepts. It covers the impact of information technology and global competition on firms. Global strategies require understanding global industries, competitive advantages, and interdependencies between countries and competitors. Developing effective global marketing strategies involves balancing standardization across countries with adapting to local needs. Firms must also coordinate their research and development, operations, and marketing on a global scale. The chapter concludes with discussing regional approaches to global strategies and using tools like SWOT analysis to develop competitive strategies.
Lenovo Case Study - The raise to the global #1 PC manufacturerOliver Gottschalk
- History of Lenovo and overview of the global PC market
- Lenovo's acquisition of IBM: Match made in heaven
- Lenovo's further M&A's and globalization strategy
Lenovo Case Study - The raise to the global #1 PC manufacturerOliver Gottschalk
- History of Lenovo and overview of the global PC market
- Lenovo's acquisition of IBM: Match made in heaven
- Lenovo's further M&A's and globalization strategy
Analysis of Apple iPhone's Indian market entryAbraham Cherian
A paper examining possible strategies for Apple iPhone's market entry into India. Though written in April 2017, most factors considered here are still relevant and Apple appears to be following the path described. This paper was written by Abraham Cherian, NItesh Gupta, Fannie K Weaver, and Elisa Wilkins.
Group Project
Hollywood Motion Picture Cluster Analysis
Prepared for Microeconomics of Competititiveness class (Licensed by Harvard Business School) at Warsaw School of Economics (SGH)
Apple Study: 8 easy steps to beat Microsoft (and Google)Ouriel Ohayon
a comprehensive study on Apple considering strengths and weaknesses against other major contenders in the industry space
The same battle happens in Fintech against banks and crypto players like Binance and ZenGo
This PowerPoint examines the corporate structure of Target in a strategic manor. See how it compares to its competitors and why it is one of the leading retailers in today's society.
Nestlé the infant formular controversyEric Nhan Le
Most of the charges against infant formulas focus on the issue of discouraged breast feeding among Third World mothers and have led to misuse of the products, thus contributing to infant malnutrition and death....
Analysis of Apple iPhone's Indian market entryAbraham Cherian
A paper examining possible strategies for Apple iPhone's market entry into India. Though written in April 2017, most factors considered here are still relevant and Apple appears to be following the path described. This paper was written by Abraham Cherian, NItesh Gupta, Fannie K Weaver, and Elisa Wilkins.
Group Project
Hollywood Motion Picture Cluster Analysis
Prepared for Microeconomics of Competititiveness class (Licensed by Harvard Business School) at Warsaw School of Economics (SGH)
Apple Study: 8 easy steps to beat Microsoft (and Google)Ouriel Ohayon
a comprehensive study on Apple considering strengths and weaknesses against other major contenders in the industry space
The same battle happens in Fintech against banks and crypto players like Binance and ZenGo
This PowerPoint examines the corporate structure of Target in a strategic manor. See how it compares to its competitors and why it is one of the leading retailers in today's society.
Nestlé the infant formular controversyEric Nhan Le
Most of the charges against infant formulas focus on the issue of discouraged breast feeding among Third World mothers and have led to misuse of the products, thus contributing to infant malnutrition and death....
Eastman Kodak Company
Haley Duell
5/12/2016
BUS/475
Eastman Kodak Company
The consumer electronic field is a great and also equally competitive business area. Different companies usually design different techniques to and outsmart their fellow business counterparts. They do this via developing various business promotional methods and marketing designs. Companies normally review their marketing strategies from time to time in order to ensure that they make maximum profits in their businesses, the do this due to changing internal and external factors of their business enterprises that they view as factors that slow their advancement. Most of the marketing departments have the likelihood of considering their consumers wants, they have a tendency to make or design products that are very much appealing and motivating to their customers. They do this to ensure customer satisfaction and ultimately they do this to ensure that their company makes maximum profit. Most of the marketing departments try to understand consumer feedback concerning their products therefore they have set up forums to ensure that they get the consumer feedback in order to think of even more interesting strategies that will ensure the companies maximum profit and sustainability in the market. To increase its competitiveness in the industry, the company should produce a new middle range smart phone in the market,
1.1 Brief Description of the company
Eastman Kodak is part of one of the growing largest multi-billion dollar corporations in the world. In 2007 it exceeded the $100bn mark in annual sales for the first time in its history. This makes it one of the world's top three companies in the electronics industry where only two other companies, Siemens and Hewlett-Packard, have posted larger revenues. The name Eastman Kodak literally means grow Group’s dominance in two further sectors: Eastman Kodak Heavy Industries and Eastman Kodak Engineering and Construction. If you are talking innovation in Eastman Kodak walks the walk and is now the established leader in consumer electronics, providing a range of leading-edge premium products and, in their own words, ‘leading the digital convergence revolution’. In so doing Eastman Kodak has made a remarkable transformation from copy-cat manufacturer to become Asia's most valuable technology company.
1.2 Organizational Structure
As of 2013, Eastman Kodak Electronics has established 15 regional headquarters, 54 global sales offices, 38 global production facilities and 34 global R&D centers.
Eastman Kodak consists of three main divisions: Consumer Electronics, IT & Mobile Communications and Device
Solution
s. Each division consists of several subsidiary divisions.
1.3The product being offered
To increase its competitiveness in the market, the company should introduce a new mid-range smart phone, Blast, targeting the middle class consumers and the teenage population in third countries who are the largest consumers of mobile ...
The notion that the Bottom of the Pyramid (BOP) consumers is a segment that is not important for the long-term viability of most of the businesses is no more classified as ‘accepted wisdom’. There is a shift in thinking of MNCs which now are considering BOP consumers as a potential source of revenues as well as drivers of innovation. Targeting the subsistence marketplaces poses various challenges for MNCs, but has favourable outcomes for BOP participants, economy and business organizations. This paper identifies the challenges of launching products targeting BOP markets in India and discusses the implications for consumers, national economy, and companies targeting BOP consumers.
EACH GROUP TO PRESENT BMW CASE IS REQUIRED TO PREPARE THEIR PR.docxsagarlesley
EACH GROUP TO PRESENT BMW CASE IS REQUIRED TO PREPARE THEIR PRESENTATIONS AS IN BELOW FORMAT:
1. GENERAL SUMMARY OF WHAT’S HAPPENING IN THE CASE
2. YOUR ANSWERS FOR THE BELOW QUESTIONS:
a. Assuming that most modern cars share very similar characteristics; what drive customers to purchase their next car? Considering that, how
can BMW’s “Dream It. Build It. Drive It.” program benefit from such a car-buying decision of customers?
b. Does BMW’s “Dream It. Build It. Drive It.” program have a sustainable advantage in long term? Would you use BMW’s “Dream It. Build It.
Drive It.” program for X5, and X1?
Learning Goals
1. To assess factors that create international business opportunities
2. To identify potential global business opportunities for various foreign markets
Purpose
Some organizations attempt to expand their international operations by seeking foreign markets appropriate for existing products and services. Other enterprises assess foreign business environments in an attempt to meet needs in those markets.
In this first section, you will conduct a preliminary assessment of geographic, economic, social-cultural, and political-legal factors that create global business opportunities in foreign markets. Also, you should consider how technology could create new foreign business opportunities by expanding possibilities for production, marketing, and distribution of goods and services.
Background
Global Business Opportunities
Potential foreign business opportunities may be viewed in two major categories:
A. Various country factors create international business opportunities. These include:
· • Natural resources, agricultural products, or geographic factors (climate or terrain)
· • Level of economic development and infrastructure
· Cultural characteristics, social activities, or demographic trends
· Changing political situations or legal factors
· Technology that may enhance production or distribution of an item
B. Existing companies attempting to expand into new markets around the world—Think about several possible global business opportunities that would be the basis for new or expanding international business operations. These business opportunities may be consumer goods or services; or organizational goods and services, sold to businesses, government agencies, nonprofit organizations, schools, hospitals, hotels, or other organizations.
Examples of global business opportunities include: processing of fresh fruit in Chile for distribution around the world; sale of water filtration systems in developing economies; sale of food products adapted to the tastes of different cultures; development of cellular telephone systems in countries with a weak communication infrastructure; and expansion of fast-food restaurants into countries with expanding economies.
Resources
Web links:
· Global Edge CyberSite
· Business Around the World Atlas (Works best with Firefox.)
· CIA World Fact Book
Conduct Research
Collect data a ...
In 2005, General Motors (GM) – the world's largest automotive manufacturer is now stepping to the point, where strategic thinking, planning and breakthrough are necessary. Three consecutive years of global market share declines, high pressure from world-class competitors, health care and retirement burdens, and rapid changes in consumer profile are the reason of that. How GM should minimize such threats and in the same time capture potential opportunities with its strengths is very interesting issue in term of strategic management and policy.
This presentation was composed to fulfill the requirement of my masters degree subject. The analysis and solution in this presentation were originated from a business case blended with my knowledge, research and idea. Even though, they may not 100% correct, or not reflect the current situation and solutions of GM, I still hope that this presentation would help those who is interested the situations occurred in 2005
5 marketing strategy and marketing performance does strategy affect performa...INFOGAIN PUBLICATION
This article surveys marketing management literature to find out the positive impact that a good market and marketing can have on marketing performance at the marketplace. The marketplace in this contest can be either a country or even a continent since the companies are multinational and also have diversified holdings which help them to spread their tentacles to every nook and cranny of the globe. Locally based companies are not left out since they all use marketing strategies to do their marketing. Companies or multinationals of U.S. and U.K. parentage will be used a lot. Does the literature attest to the positive impact of very good marketing strategies on a company’s marketing performance? This is going to be investigated to come out with the justify opinion. Coming out with a very good marketing strategy to pilot or direct a company’s marketing assault is not very easy. It is plainly herculean. Implementation, monitoring, controlling and evaluating marketing strategies are equally herculean. Top marketing management do not have it easy with formulating, managing, and evaluating marketing strategies. Marketing performance measurement is tackled in this piece. It is essential to point out that marketing is not the pressure of only those in marketing (pan–marketing). It is very general managerial with all corporate functional players all actively involved.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Introduction to AI for Nonprofits with Tapp Network
Ch08 Kotabe
1. Global Marketing Management, 5e Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 1 Chapter 8 Global Marketing Strategies
2. Chapter Overview 1. Information Technology and Global Competition 2. Global Strategy 3. Global Marketing Strategy 4. R&D, Operations, Marketing Interfaces 5. Regionalization of Global Marketing Strategy 6. Competitive Analysis Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 2
3. Introduction On a political map, country borders are clear as ever. But on a competitive map, financial, trading, and industrial activities across national boundaries have rendered those political borders increasingly irrelevant. Not only firms that compete internationally but also those whose primary market is considered domestic will be affected by competition from around the world. Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 3
4. Information Technology and Global Competition Today, we are observing the emergence of a gross information product, and it dwarfs the gross domestic product. Electronic Commerce (e-Commerce) e-Company Faster Product Diffusion Global Citizenship Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 4
5. 2. Global Strategy Global strategy consists of five conceptualizations: 1. Global industry 2. Competitive industry 3. Competitive advantage 4. Hypercompetition 5. Interdependency Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 5
6. 2. Global Strategy Global Industry: Those industries where a firm’s competitive position in one country is affected by its position in other countries. The first question that faces managers is the extent of globalization of their industry. Every industry has global or potentially global aspects. Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 6
7. 2. Global Strategy Industry Globalization Forces(Exhibit 8-1): Four forces interact to determine the potential of industry globalization. 1. Market forces 2. Cost forces 3. Government forces 4. Competition forces Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 7
8. Exhibit 8-1: Industry Globalization Drivers Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 8
9. 2. Global Strategy Market Forces 1. Per capita income convergence 2. Rich consumers in emerging markets 3. Revolution in communication technology 4. Organizations behaving as global customers 5. Growth of global and regional channels 6. Establishment of world brands 7. Spread of global and regional media Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 9
10. 2. Global Strategy Cost Forces 1. Global economies of scale and scope 2. Steep experience curve 3. Global sourcing efficiencies 4. Favorable logistics 5. Difference in country costs 6. High product development costs 7. Fast-changing technology 8. Shorter product life cycles Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 10
11. 2. Global Strategy Government Forces 1. Favorable trade policies 2. Compatible technical standards 3. World Trading Regulations 4. High growth/low labor cost developing countries 5. Deregulation/privatization of industries Competitive Forces 1. High exports and imports 2. Competitors from different continents and countries 3. Interdependent countries 4. Globalized competitors Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 11
12. 2. Global Strategy Competitive Structure Cost leadership Product differentiation Niche strategy Nature of Competitive Industry Structure (Exhibit 8-2): »Industry competitors »Potential entrants »Bargaining power of suppliers »Bargaining power of buyers »Threats of substitute products or services Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 12
13. Exhibit 8-2: Nature of Competitive Industry Structure Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 13
14. 2. Global Strategy Gaining Competitive Advantage Creative destruction First-mover advantage versus first-mover disadvantage Competitor-focused approach Customer-focused approach Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 14
15. 2. Global Strategy Interdependency: Interdependency of modern companies Example: Global computer industry Governments also play a larger role, affecting parts of the firm’s strategy. Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 15
16. 3. Global Marketing Strategy Benefits of Global Marketing: Cost Reduction Improved Products and Program Effectiveness Enhanced Customer Preference Increased Competitive Advantage Limits to Global Marketing: Standardization vs. adaptation issues Globalization vs. localization Global integration vs. local responsiveness Scale vs. sensitivity Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 16
17. Chapter 8 Copyright (c) 2007 John Wiley & Sons, Inc. 17 3. Global Marketing Strategy Not every element need be standardized to the same degree (Exhibit 8-3) Degree of product standardization varies widely based on many factors (Exhibit 8-4)
18. Exhibit 8-3: Variation in Content and Coverage of Global Marketing Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 18
19. Exhibit 8-4: Degree of Standardizability of Products in World Markets Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 19
20. 4. R&D, Operations and Marketing Interfaces R&D/Operations Interface Operations/Marketing Interface Core Components Standardization Product Design Families Universal Products with all Features Universal Product with Different Positioning Marketing/R&D Interface Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 20
21. Exhibit 8-5: Interfaces among R&D, Manufacturing, and Marketing Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 21
22. 5. Regionalization of Global Marketing Strategy Regional strategies are the cross-subsidization of market share battles in pursuit of regional production, branding, and distribution advantages. Issues in regionalization of global marketing strategy: Cross-Subsidization of Markets Identification of Weak Market Segments Use of “Lead Market” Concept Marketing Strategies for Emerging Markets Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 22
23. 6. Competitive Analysis SWOT (Strengths, Weaknesses, Opportunities, and Threats) Analysis(See Exhibit 8-6.) A SWOT analysis divides the information into two main categories: internal and external factors. Based on SWOT analysis, marketing executives can construct alternative strategies. The aim of any SWOT analysis should be to isolate the key issues that will be important to the future of the firm and that will be addressed by subsequent marketing strategy. Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 23
24. Exhibit 8-6: SWOT Analysis Chapter 8 Copyright (c) 2009 John Wiley & Sons, Inc. 24