BMAKT2201 BMAKT2201 • INTERNATIONAL MARKETING CHAPTER 1 – INTRODUCTION TO INTERNATIONAL MARKETING Noraizan Abdul Rashid Faculty of Business Management & Globalization Tel : 603 8317 8833 (Ext 8125) Email: noraizan@limkokwing.edu.my WHAT IS MARKETING? • Marketing Involves: – Focusing on the needs and wants of customers – Identifying the best method of satisfying those needs and wants – Orienting the company towards the process of providing that satisfaction – Meeting organisational objectives
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MKTG 680-01: International Marketing‚ Spring 2006 Exam I Review Questions • • NOTE: THESE QUESTIONS ARE ILLUSTRATIVE. IN ADDITION TO STUDYING THIS SET‚ YOU SHOULD ALSO CONSULT THE RELEVANT CHAPTERS OF YOUR TEXT AND YOUR LECTURES NOTES. REVIEW THIS SET AND FEEL FREE TO DISCUSS WITH ME‚ SHOULD YOU HAVE ANY QUESTIONS OR CONCERNS. Chapter 3 – The Global Trade Environment 1. a. b. c. d. e. Which of the following is the abbreviation for a proposed trade initiative between the U.S
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1. What are the basic goals of marketing? Are these goals relevant to global marketing? Marketing activities represent an organization’s efforts to satisfy customer wants and needs by offering products and services that create value. These goals are relevant in virtually every part of the world; however‚ when an organization pursues market opportunities outside of its home country (domestic) market‚ managers need an understanding of additional conceptual tools and guidelines. 2. Identify and
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Chapter 7&8 – International Market selection and Entry Approaches to market selection ← incremental entry vs simultaneous entries ◦ incremental → usually for small companies with fewer resources that wants to lower their risk preclude economies of scale. ◦ simultaneous → extensive resource thus‚ resulting in higher operating risk‚ may decide to leverage across asia pacific area‚ facilitate economies of scale. ← Concentrated approach vs diversified approach ◦ concentrated
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Case Study Mid Term: International Marketing Research at the Mayo Clinic Minashki Sinanan Summary The Mayo Clinic is a well-known health care provider that treats international and domestic‚ upper class society. An example of their consumer base is the President of the Republic of Equatorial Guinea‚ Teodoro Obiang Nguema Mbasogo‚ who was seen at the Rochester clinic in New York. Founded almost a Century ago by the “Mayo” family‚ these world renowned physicians travelled the world comparing
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the model of the international marketing task displayed in the text‚ which of the following reasons demonstrates the most important difference between the international marketer ’s task and that of the domestic marketer? (Points: 1) The international marketer must deal with at least two levels of uncontrollable uncertainty instead of one. The international marketer must rely on at least two levels of controllable certainty instead of one. The international marketer is never
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LONDON SCHOOL OF COMMERCE COLOMBO CAMPUS SRI LANKA MBA FOR EXECUTIVES MODULE ASSIGNMENT: MARKETING MANAGEMENT STUDENT NAME : YOHAN DE SILVA BORALESSA STUDENT REGISTRATION NO: 0053APAP1013 MODULE LECTURER: ANAND WALSER MODULE TUTOR: RUWINI ATHUKORALA DATE SUBMITTED: TOTAL WORD COUNT: Contents List of Figures List of Tables List of Abbreviations PP Premier Proposition PC Premier Customer RM Relationship Manager PCC Premier Contact
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INTERNATIONAL MARKETING International marketing is the export‚ franchising‚ joint venture or full direct entry of a marketing organization into another country. This can be achieved by exporting a company’s product into another location‚ entry through a joint venture with another firm in the target country‚ or foreign direct investment into the target country. The development of the marketing mix for that country is then required - international marketing. It can be as straightforward as using
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Midterm Revision Strategic International Marketing Chapter 1 Reason for ’International Marketing’ International marketing is defined as "the process of planning and undertaking transactions across national boundaries that involve..."EXCHANGE" WTO (World Trade Organization) is an international agency which encourages trade between member nations‚ administers global trade agreements and resolves disputes when they arise The predecessor of the World Trade Organization (WTO) was: General
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as a single business. 2. Marketing Management Philosophy Marketing management process undertakes the stages of strategy formulation‚ implementation and control. Therefore‚ it is imperative to first identify the adopted marketing management philosophy by the organization. Organisational purpose of Unilever clearly states that organisation’s focal attention is centered towards anticipation and satisfaction of customer needs and wants. Kotler (2000) mentions that marketing concept holds that the key
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