Marketing is a social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging value with others. Marketing involves building and managing profitable exchange relationships with customers. The role of marketing is to understand consumers‚ create value‚ and build strong customer relationships. All of these steps form the basis for the fourth step‚ building profitable customer relationships and create customer delight. In the final step‚
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PART TWO: THE BUSINESS INVIRONMENT 2.1 Political‚ Economic‚ Social and Technological analysis (PEST) ………………………………………………………….5 2.2 The effect of Culture and Sociology............................7 PART THREE: THE COMPANY MARKETING PLAN 3.1 Marketing (Country) selection and entry strategy……..8 3.2 Segmentation‚ targeting and positioning strategy……..8 3.3 Information and research strategy………………………...9 3.4 Production strategy……………………………………………9
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International Marketing Module no – Mkt 3130 International Marketing TITLE OF CASE STUDY- LUXOTTICA Word Count- 3176 Tutor name – DR. ALUN EPPS 2/19/2012 Table of contents Introduction Pg no- 3-4 Question 1
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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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when legal issues arise. Why can that approach backfire when the issue concerns global marketing? Answer: When dealing with global marketing‚ litigation and lawsuits between companies can backfire and have negative effects. There is no international law in a formal sense‚ and no agreed laws that can always be applied to international business relations and every country has its own law (Cueto 2010). International businesses in foreign countries are affected by the role of lawyer who might be very
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Total No. of Pages: 03 Time: 3 Hours Maximum Marks: 75 INTERNATIONAL MARKETING (Specialization: Marketing) SUBJECT CODE – INSTRUCTIONS: i) You have to attempt the questions as per the instructions for this paper. ii) Carefully note the marks for each question. iii)
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Concepts in international relations Conjuncture In decision making in international relations‚ the concept of International Conjuncture‚ together with freedom of action and equality are important elements. Decision makers must take into account the set of international conditions in taking initiatives that would create different types of responses. Systemic level concepts International relations is often viewed in terms of levels of analysis‚ the systemic level concepts are those broad concepts
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aravind.banakar@gmail.com ARAVIND 09901366442 – 09902787224 INTERNATIONAL MARKETING MANAGEMENT Case-1 : The use of the marketing mix in product launch Answer the following questions: 1. Describe what is meant by a business being ‘consumer led’. 2. What are the key parts of the marketing mix? Explain how each works with the others. 3. Explain why the balance of the marketing mix is as important as any single element. 4. Analyse the marketing mix for NIVEA VISAGE Young. What are its strongest points
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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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. International Marketing -- When a company identifies and fulfills need and wants of customers abroad through suitable products or services at profit for company‚ it is called International Marketing. 2. International Investment – When a company applies capital beyond home country for production and/or other functions to earn profit‚ it is called International Investment. 1. International Trade ( Foreign Trade )
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