Haier What is technological change? Technological change (TC) is a term that is used to describe the overall process of invention‚ innovation and diffusion of technology or processes.[1][2] The term is synonymous with technological development‚ technological achievement‚ and technological progress. In essence TC is the invention of a technology (or a process)‚ the continuous process of improving a technology (in which it often becomes cheaper) and its diffusion throughout industry or society. In
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Haier globalization strategy Encouraged by government to create international brands has built a reputation at home for quality‚ innovation‚ and customer service Haier tries to replicate its domestic success overseas‚ it faces enormous challenges—everything from learning the preferences of new customers to managing its growing foreign operations In the United States‚ it has established a beachhead by selling niche products under the Haier brand name through The Home Depot‚ Sears‚ and Wal-Mart
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Choosing Brand Names Introduction How should brand names be chosen? Is the name important? Marketing theory suggests that there are three main types of brand name: (1) Family brand names: A family brand name is used for all products. By building customer trust and loyalty to the family brand name‚ all products that use the brand can benefit. Good examples include brands in the food industry‚ including Kellogg’s‚ Heinz and Del Monte. Of course‚ the use of a family brand can also create problems if
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Mercier du Paty de Clam Laetitia (10902550x) Analyze the advantages and disadvantages of using a global brand name INTRODUCTION Nowadays the global market is quite attractive for high competition environment. In order to be visible in global market‚ brands can be used to play an important role. From marketing point of view‚ brands are the means that consumers use to distinguish products and services based on essential and non-essential attributes and they are a source of business’s differential
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The Power of Brand Names Brand names have become a dominant factor in consumer marketing of a myriad of products‚ ranging from potato chips to refrigerators to tennis shoes. In looking at the historical development of brand names‚ Coca-Cola® was one of the first nationally recognized brands to come along. The Coca-Cola Company printed its first consumer calendar in 1891. Another early national brand name was Gillette® razor blades. King Gillette invented the first disposable razor blade in 1903
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Brand name creation process We read the chapter 16 from the New Products Management -book. We interested in the topic “What is a good brand name?” and so we wanted to find an article that would tell more about brand naming. We read the article “Observations: Creating Effective Brand Names: A Study of the Naming Process” by Chiranjeev Kohli and Douglas W. Labahn from Journal of Advertising Research (January-February 1997‚ p. 65-75. The article focused on the brand name development process. The
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5. Conclusion 3 Appendix A: OEC Evaluation Worksheet 4 Appendix B: Possible Gender Issues 5 References 6 1. Introduction to Zhang Rui Min Zhang Rui Min (Zhang) is the Chief Executive Officer (CEO) of Haier Group. Under his leadership‚ revenues at Haier had surpassed $12 billion with over 30‚000 employees and he is recognized as one of the “50 most respected business leaders in the world.” 2.1. Personality Traits Despite having abbreviated education‚ Zhang has a voracious
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Case Report 1. Haier in India: building presence in mass market beyond China 1. Why did Haier enter India? What did it plan to achieve in this new market? Haier entered the global markets and started an internationalization strategy in the 1990s. Starting from European countries including Italy‚ the United Kingdom‚ and France‚ it stretched over even to the Asian market and opened its first manufacturing facility in Indonesia. Although the first entrance into the Asian market was in 1996‚ it
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Summer 2012 Tom Fashho Shanghai Tang: The First Global Chinese Luxury Brand Table of Content Pg3: What is a luxury brand? How is it different from a regular‚ mass-market brand? How does one build a luxury brand? Pg4 & 5: How would you characterize Shanghai Tang’s brand image and sources of brand equity? Pg5 & 6: What are the strengths and weaknesses of the brand’s existing Personality and image
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transforms languages but also transplants cultural information. Thus‚ brand name translation as other translation is a form of cross-cultural communication and is influenced by various cultural factors. This paper tries to explore the methods of English-Chinese brand name translation in light of the features of Chinese consumer psychology. Key words: brand names; Chinese consumer psychology; translation; methodsIntroductionNowadays‚ brand plays a more important role in the economic life in China and it
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