the advantages / disadvantages of standardized international marketing Advantages Standardization is the process by which a company makes it methods‚ especially its production processes‚ uniform/identical throughout its organization. Whereas for adaptation‚ a company would change their methods such as the price‚ promotion‚ packaging and/or the product itself in order to fit the needs and preferences of the market or a particular country. Adaptation occurs when any element of the marketing strategy
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Throughout the past 50 years‚ marketing has changed substantially with the development of science and technology. Since start of the age of information technology from as early as the 1960s‚ traditional marketing has been evolving into to a new form of marketing‚ E-marketing. E-marketing is the use of information technology in the processes of creating‚ communicating‚ and delivering value to customers‚ and for managing customer relationships in ways that benefit the organization and its stakeholders
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1.(a) analysis the advantages and disadvantages to Barr’s of its product mix. (10’) A.G. Barr is a traditional company mainly operated soft drinks. Product mix of A.G. Barr can be categories into two parts: one is Barr’s Own Brands and one is Barr’s Franchise Brands. Advantages of Barr’s Product Mix: Through the case study‚ A.G.Barr Company has suffered fierce competition and finally becomes a historied company. It has sophisticated distribution channel which can help company save the cost and
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4.2 External Factors External factors are a number of influencing factors which are not controlled by the company but will impact pricing decisions. It includes of legal‚ consumer trends‚ technological‚ and competitors. Our company focuses on technological and competitor as external factors that influencing price setting on matcha collagen biscuits. 4.2.1 Competitor Competition factors can look into three areas which are monopoly competition‚ perfect competition and oligopoly competition. Monopolistic
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internal and external factors. Describe two factors and explain their effects on people’s health. This assignment will be looking at how a person’s health is affected by both internal and external factors. Health can be affected by several different causes and may vary for each person due to the influence and nature of these factors. However‚ this assignment will be looking specifically into the biological aspect discussing topics such as obesity and genetics as the internal factor and exploring
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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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Question 1 1.1 (1) The cost varience report is a listing of allowable expenses compared with the actual expenses incurred. (2) The actual unit cost is the cost of producing a single products or unit measure of output or service. The budget unit cost is a plan or forecast‚ of a single unit measure of output or service. The conclusion is that the cost of goods and services is more expensive. (3) The cost variable report can assist you to select the right cost by giving you the list of all
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Title: AP Degree in Marketing Management 21 September 2012 Viral Marketing These years‚ the competitions among companies become more and more furious. In order to survive and develop‚ most companies try to make use of any strategy or tactic that can help them to enlarge their market share and build a strong brand. The traditional Medias such as television‚ newspaper‚ radio and printed Ads were over used in the last decade. Using these traditional ways to promote a product or service can no longer
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This essay is an attempt to describe the advantages and disadvantages of using an external and internal evaluator in an evaluation. The author will propose an internal evaluator for a functional literacy program. The structure of the essay will start by defining programme evaluation and the background of evaluation‚ and then give advantages and disadvantages of using external or internal evaluator in an evaluation. This essay will then propose one evaluator for a functional literacy program and
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Advantages of Total Quality Management (TQM) Improves Reputation - TQM programs have the advantage of improving corporate as well as product reputations in the marketplace‚ because errors and defective products are discovered much more rapidly than under a non-TQM system‚ and often before they are ever sent to market or found in the hands of the public. Higher Employee Morale - Compared to employees who are motivated‚ disengaged workers are less efficient‚ miss more workdays and cost organizations
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