Understanding Emerging Markets Research Paper Articles Selected 1. Finding Your Strategy in the New Landscape Atsmon‚ Y.‚ Kertesz‚ A.‚ & Vittal‚ I. (2011). Is your emerging-market strategy local enough?. Mckinsey Quarterly‚ (2)‚ 50-61. 2. Let Emerging Customers Be Your Teachers D ’Andrea‚ G.‚ Marcotte‚ D.‚ & Morrison‚ G. (2010). Let Emerging Market Customers Be Your Teachers. Harvard Business Review‚ 88(12)‚ 115-120. 3. Have You Restructured for Global Business? Atsmon
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After a successful launch of the LG Watch Phone in Europe‚ LG Electronics Canada‚ Inc. is preparing to introduce The Watch Phone to Canada. As an assistant marketing manager I will aid in the development and execution of a niche marketing plan that blends with LG’s 51 years of brand equity while increasing market share in consumer electronics. No other watch phone currently exists in the Canadian market. The market is saturated with mobile phones and portable electronic devices that have 3G capability
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PROJECT REPORT ON MARKET ANALYSIS OF LG CONSUMER DURABLES & DEALER DEVELOPMENT For LG Electronic Pune Limited Submitted By Pankaj kumar srivastava 1 Acknowledgement It is indeed of great moment to pleasure to express my senses of per found gratitude & indebtness to all the people who have been instrumental in making my tanning a rich experience. I got the opportunity to do a challenging project in LG ELECTRONIC PUNE (INDIA) The project is the important part of our study and gives us a
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A P R I L 2 0 11 s t r a t e g y p r a c t i c e Is your emerging-market strategy local enough? The diversity and dynamism of China‚ India‚ and Brazil defy any one-size-fits-all approach. But by targeting city clusters within them‚ companies can seize growth opportunities. Yuval Atsmon‚ Ari Kertesz‚ and Ireena Vittal 2 Is your emerging-market strategy local enough? Yuval Atsmon‚ Ari Kertesz‚ and Ireena Vittal The diversity and dynamism of China‚ India‚ and Brazil defy
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LG: From Underdog to Icon LG Electronics started its journey when the two low scale Korean electronics companies Lucky and Goldstar joined forces in 1990 and became LG (Lucky Goldstar). Since then the transformation from ultra-cheap Lucky Goldstar to the LG brand that it is today has been nothing short of a remarkable journey. In 1995‚ Lucky Goldstar purchased the last remaining American-based TV manufacturer‚ Zenith Electronics. That acquisition provided the impetus for the plan to upgrade the
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looking to expand its operations to foreign markets they have an overall goal to create revenue and increase profit. Entering new markets can be an excellent opportunity for companies to utilize core competencies and increase value to the company. This paper will define global strategy and research the best strategies to use when expanding operations to international markets. Recommendations and conclusions will also be defined for when entering a foreign market‚ thus expanding operations. Because of
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venture strategy that most people think of first‚ but it also involves the most innovation‚ creativity and time. Parallel Competition: Do what others are doing; only‚ do it better. License: Thoroughly research the licensing‚ purchase price‚ and obligations including royalties. Geographic Transfer: Look for successful businesses in other cities or countries and bring the product or service to your own region before someone expands. Develop a network for supplier: figure out the strategies for
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Coca-Cola Case Study The Global Strategy Coca-Cola Case Study The Global Strategy Group B Group B Executive Summary Coca-Cola is currently at the leadership position in the beverage industry and it has been successful through its strong brand image‚ exceptional outsourcing strategies and efficient supply chain management. However‚ there are still some issues that Coca-Cola needs to solve. This report is segmented into three main parts. The first part discusses market position‚ market share
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Emerging Markets is used to describe a country in the process of rapid growth and industrialisation Opportunities- Strong Economic Growth /Rising consumer incomes and growing ‘middle-classes’/Opportunities for joint ventures with local businesses Threats- Culture/varying customer needs/Difficult to protect ideas from competition due to inadequate laws/Infrastructure could be poor‚ making distribution and marketing difficult The US soft drinks giant announced a 6% rise in operating revenue to $11
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the company’s strategy with regard to business development in emerging markets? Does this strategy make sense? From the NESTLE : GLOBAL STRATEGY case‚ it can be seen that Nestle generally operates worldwide with the strategy of customization rather than globalization. It moves into consumer markets by using Niche market strategy to become the market leader in each of the niches. It mainly focuses on European markets‚ which make up 70 percent of its sales. As mentioned‚ these markets are in the mature
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