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Culture and International Marketing Strategies, 2004. An exploration of the role of culture in the formulation of international marketing strategies. 2,881 words (approx. 11.5 pages), 24 sources, MLA, $ 85.95 »
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Abstract This paper examines how, as increasing numbers of businesses look to expand and develop their consumer and market base through the internationalisation of their operations, managers are recognising the importance of effective international marketing to counter the increased levels of uncertainty and complexity. It focuses specifically on the role of culture in the formulation of international marketing strategies, using a number of examples to highlight the points raised. Firstly, international marketing strategies are considered in more detail, followed by an exploration of the concept of culture and its influence on international marketing strategies.
Outline
Introduction
What are International Marketing Strategies?
Understanding Culture
The Role of Culture in International Marketing Strategy Formulation
Hofstede?s Five Dimensions
Hall and Hall?s High-Low Context
Direct Influence on Marketing Mix
Product
Price
Place
Promotion
Importance of Ethics
Critiquing the Role of Culture
Conclusions
References
Appendix 1
From the Paper "Since value judgements vary between and within cultures, perceptions of what constitutes acceptable behaviour also differ: for example a gift in one country may be considered a bribe in another (Cateora and Ghauri, 2000; Doole and Lowe, 2001). Kotabe and Helsen (2004 p.171) highlight the significance of this for international marketers who ?must understand and respect cultural subtleties, whilst finding the limits of ethical behaviour?; since a company?s ethical stance may affect its ability to do business in some countries. For example, Motorola?s lengthy ?Code of Business Conduct?, sets out standards for accepted behaviour throughout the organisation (see www.motorola.com). They recognise the ?ethical legitimacy? of gift-giving in Japan, but decline to ?participate in the practice? (Hamilton and Knouse, 2001 p.87). This allows the company to show respect for Japanese culture, whilst maintaining its own corporate values. Similarly, consideration should be given to product usage and production processes, which may not be appropriate in certain cultures or environments."
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Culture, Learning and Market, 2002. This paper is a personal essay that discusses the obligation to transmit our heritage of culture and learning to the next generation which cannot be met by the market alone. 3,025 words (approx. 12.1 pages), 0 sources, $ 88.95 »
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Abstract This paper states that learning and culture are two complementary entities in the process of human development. The paper concludes that an ethical stand-alone market system would naturally evolve when all the market players understand that in the long run it makes good economic sense to encourage this real value of humankind.
Table of Contents
Introduction - Towards Human Emergence
Social Environment - The Distilled Wisdom of Our Heritage of Culture and Learning
Culture and Learning- The Essence of Being Human
Transmission of Culture and Learning to Our Next Generation
The Mechanism of Transmission
The Case against Market
The Case for the Market
Is the Assertion Justified ?
Market and Ethics- An Evolutionary Process
Conclusion
From the Paper "Human societies consist of organized groups of individuals of all ages having a set of behavioral rules that are transmitted from one generation to another. This process of transmission can be divided into two broad categories- direct or indirect. When the values and accumulated knowledge of the society are transmitted through some kind of formal training, it is called ?learning?. While the process of learning aims at transmission of knowledge and values in the formal way, the outcome of this process depends on many things that are never taught - things that we absorb from our social environment. This intangible phenomenon that is an integral and parallel part of learning is ?culture?."
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Culture in Brand Building in the Chinese Market, 2008. A brief insight regarding the influence of culture on brand building in the Chinese market. 2,198 words (approx. 8.8 pages), 23 sources, APA, $ 68.95 »
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Abstract The paper discusses the Chinese market which is rapidly changing in light of the increasingly global market place. The paper states that the economic boom in China's urban areas is creating a new consumer culture where the consumer has more disposable income, which has affected consumer preferences within the Chinese marketplace. The paper states that the result is that a sophisticated Chinese consumer is emerging and foreign companies need to market to their sophisticated needs, while at the same time marketing to the general population's needs. The paper states that the most effective way for a company to build a strong brand name in the rapidly emerging Chinese market is to adapt itself to the rapidly changing Chinese culture. The paper concludes that despite the numerous challenges that the Chinese market presents, a company can be successful if it spends the time and resources necessary to gain an in-depth understanding of the local culture and the Chinese consumer's attitudes and thus becomes prepared to cope with the many unexpected intricacies of the Chinese marketplace.
Outline:
Introduction
Understanding Cultural Issues
Collective Society
Brand Perception
Language
Aesthetic Sense
Conclusion
From the Paper "The Chinese people carry with them a strong aesthetic sense, based on their perceptions of nature. To the Chinese consumer, in general, images of the natural form are highly attractive. For example, mountains and animals are often used in association with brand names in order to create attractive brand imagery and visual displays. On the other hand, abstract symbols are not favored as they are inconsistent with the Chinese cultural preference for natural aesthetics. Further more, the marketer needs to understand that the Chinese people enjoy complicated forms and shapes and certain colors. For example, the color red is seen as being the most cheerful color and thus can be successfully used to attract people's attention. Another example is the Chinese preference for peaceful imagery, largely a result of the influence of such religions as Confucianism, Buddhism and Taoism. When a company is designing a strategy for marketing their brand in the Chinese marketplace, all of these aesthetic considerations must be made. Therefore, it is important to use specific colors and imagery in order to strengthen the brand's market presence and thus increase overall company profits."
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Youth Culture v. Youth Market, 2005. An analysis of the youth culture versus the youth market in the music and clothing industries. 2,025 words (approx. 8.1 pages), 2 sources, $ 80.95 »
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Abstract This paper discusses the youth market and the youth culture as a separate entity within the overall demographic of the U.S. The paper pays particular attention to the integration of the music and clothing industry and who these industries have become associated in the minds of the youth as being consistent with their culture and self expression.
From the Paper " Youth Culture v. Youth Market The concept of youth culture as a separate entity within the broader demographic of the U.S. population is tenuous at best because it shifts constantly from one point to another. At times various groups co-opt what they perceive to be youth culture for their own unique and idiosyncratic purposes: "Through magazines, music, sit-com style videos, cartoons, and other media, Focus strives to construct an alternative Christian youth culture that mirrors secular culture's style and consumption habits" (Hendershot, 1995, para.5). Just as likely is the current trend in Hip-Hop to turn its primary audience; a grand collage of youth from across the various demographics making up the U.S. population, into one conceptual body comprising a unique youth culture all its own (Taylor & Taylor, 2004)."
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Global Marketing Plan for Cross-cultural Films, 2008. A marketing plan proposed by CPAI Group, a company that produces movies and markets them internationally. 3,360 words (approx. 13.4 pages), 3 sources, MLA, $ 95.95 »
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Abstract This paper is a marketing plan that describes the objectives, target customers, and marketing strategy of CPAI Group, a company located on the West Coast of the United States, which focuses on making movies that are both educational and entertaining, with a wholesome, cross-cultural appeal. The paper adds that CPAI Group has been putting out movies that are rich in plot and character, but without much of the gratuitous violence and sex that has come to characterize movies made in America and other Western nations. The company also sees a certain sense of global convergence in consumption. The paper proposes that movies can be packaged in such a way that will appeal to people from vastly different backgrounds, including people from developing countries and cultures other than that of the United States. The main target country examined is Malaysia. Finally, the paper outlines the company's proposed marketing strategy, including issues such as pricing, seeking investors, promotion, and distribution.
Outline:
Company Character
Environmental Analysis
Marketing Strategy
From the Paper "CPAI is an ambitious company but it does not have the deep pockets of such Hollywood staples as MGM or Columbia Pictures. This explains why the company relies to some extent on simple settings. The company is getting more and more backers from companies and individuals who recognize the value in what the company is achieving. Thus, even though at the moment the company operates with a budget that is continually under strain, this is likely to change in the near future, thus allowing the company to express itself even more and to tackle a wider range of subjects and also to deal with storylines that are truly global in nature."
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America's Global Market Share in Mass Culture, 2002. Looks process in which U.S. goods, ideas, and information have become part of the cultures of all industrialized nations and many third world nations. 1,400 words (approx. 5.6 pages), 5 sources, $ 53.95 »
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Abstract This essay answers the question: how does America figure in the creation and propagation of 'mass culture'? It uses works by notable cultural theorists and media scholars, and explains the intertwining cultural and economic systems that allow US goods, ideas, and information to become a part of the cultures of all industrialized, and many 'third world' nations.
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Product Marketing and Marketing Research, 2005. Cites an article that discusses the relationship between marketing research and marketing strategy. 690 words (approx. 2.8 pages), 2 sources, APA, $ 23.95 »
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Abstract This essay cites an article that discusses the relationship between marketing research and marketing strategy and tactics. It describes the purpose of the marketing research and assessing the importance of this research in relation to the organization's marketing strategy and tactics.
From the Paper "According to an essay published by the U S Small Business Administration online entitled Marketing Basics to be successful senior management must know its markets its competitors strengths and weaknesses ..."
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Marketing and Market Penetration, 2007. This paper looks at the issue of market penetration and discusses marketing strategy. 1,636 words (approx. 6.5 pages), 15 sources, APA, $ 53.95 »
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Abstract In this article, the writer notes that market penetration is both a growth strategy and a pricing strategy. Before seeking to implement a market penetration strategy a company must perform accurate market research to determine whether or not penetration pricing will optimize growth. Marketing managers must first rule out other strategies such as product development, market development and diversification. The writer discusses that market penetration falls under a cost leadership strategy in that it focuses on providing existing customs with existing products at a lower price than competitors. The writer also notes that some critical contingencies that must be considered prior to implementation are operating capital, engineering capabilities as well as manufacturing and distribution costs. The writer then points out that it is simply not feasible for a company to offer penetration pricing when production costs do not warrant it.
Outline:
Introduction
Market Penetration as a Growth and Pricing Strategy
Market Penetration and the Marketing Plan
Market Penetration in a Global Economy
From the Paper "In a global economy market penetration goes far beyond selecting a growth strategy with an underlying pricing model. As the bricks and mortar companies of yesterday are transformed into electronic commerce entities there are other factors that must be considered for successful market penetration. Penetration of a foreign market requires extensive knowledge of that market. While technology is forging more efficient paths for market penetration, companies cannot afford to recklessly enter markets without performing their due diligence. The results of rushing to a market unprepared cannot only be disastrous for the company but for the industry and even the entire country where the company is domiciled.
"When executed properly a market penetration strategy can gain and sustain competitive advantage for a firm. A firm that meets the conditions necessary to implement penetration pricing can exploit its strategic advantages and help achieve its overall goals."
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Marketing in Poland, 2003. Discusses culture, environment, and marketing strategy for Ford cars in Poland. 8,050 words (approx. 32.2 pages), 35 sources, APA, $ 135.95 »
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Abstract This paper discusses culture, environment, and marketing strategy for Ford Motor Company cars in Poland. It examines Polish history and recent events in Poland, and presents a cultural and economic profile upon which to base a marketing strategy. The paper considers Poland a viable market for Ford.
From the Paper "This report focuses on Poland a country which has experienced significant economic reforms and privatization in the wake of political changes taking place after Poland has enjoyed rapid growth in ..."
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Contemporary Marketing Problems and Capability-Based Marketing, 2002. Examines the need for contemporary marketing policies to change to those based on capabilities, due to globalization. 2,316 words (approx. 9.3 pages), 13 sources, MLA, $ 71.95 »
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Abstract The nature of marketing has changed in the wake of globalization. The marketing organization that both survives and thrives in this evolving environment will be the one that hones its capabilities, builds upon these capabilities and applies these capabilities in the satisfaction of customers. This research examines contemporary marketing problems within the context of capability-based marketing. Essentially, capability-based marketing holds that a firm should concentrate on its most problem-causing customers and attempt to satisfy them. The paper shows that through learning to deal with such problem customers, the capability-based marketing approach holds that marketing companies will develop expertise that will enhance their capabilities to serve all customers.
From the Paper "The concept of mass production is based on assumptions of stability in both product and process change. Within the framework of such assumptions, both "product specifications and demand are relatively stable and predictable" (Boynton, Victor, & Pine, 1993, p. 43). Such stability facilitates the standardization of products, the centralization of decision-making, the routinization of work and rewards, the development and enforcement of standardized rules and procedures, and the allocation of work on a dedicated basis to specialized tasks. Such conditions, thus, lead naturally to the development of the mechanistic organization (Davidson & Davis, 1990)."
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Marketing Management and Online Marketing, 2008. An analysis of the strategies of offline and online marketing procedures in today's business world. 2,093 words (approx. 8.4 pages), 12 sources, MLA, $ 65.95 »
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Abstract This paper discusses two major modifications that the business sector has been marked by, both resulting from different approaches to corporate resources and the outside environment. It specifically analyzes offline and online marketing procedures. The paper discusses the strategies that each marketing procedure must implement and their importance in today's world.
Table of Contents:
Abstract
Marketing Management
Online Marketing
Congruence of Online and Offline Marketing
From the Paper "A specific particularity of online and offline marketing strategies is their one-way dependency. In this order of ideas, the online marketing is dependent and cannot be implemented without offline marketing. On the other hand however, offline marketing can easily be implemented without the support of online marketing. This is generally due to the traditional and largely established characteristics of offline marketing. To better explain, offline marketing revolves around market studies of numerous elements and sits at the basis of the decision making process. The traditional collection and processing of information requires no assistance from the internet. The online marketing is on the other hand directly linked to the offline marketing as it basically does the same things, only via the internet. For instance, it advertises products and services based on the same principles as offline marketing; but does this online. Then, it promotes and sells the product and also offers customer service, just like traditional marketing; but it again does this online."
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Stock Market And The Bond Market, 2002. Compares and contrasts both markets in the U.S. from the investor's perspective. 1,350 words (approx. 5.4 pages), 6 sources, $ 47.95 »
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Abstract Compares and contrasts both markets in the U.S. from the investor perspective. Advantages and disadvantages of each class of securities. Dow Jones Industrial Average as a measurement. Volatility of the markets, and risks for the investor. How the two investment vehicles differ. Three factors that determine price of a bond. Four Exhibits.
From the Paper "COMPARING AND CONTRASTING THE STOCK MARKET AND THE BOND MARKET IN THE UNITED STATES
This research compares and contrasts the stock market and the bond market in the United States from the perspective of the investor. The assessment discusses advantages and disadvantages of each class of securities.
There are several barometers used to describe stock market activity in the United States. The most widely known of these barometers is the Dow Jones Industrial Average of 30 stocks. There are other Dow Jones index averages, utilities and transportation as examples, and there are other indexes, such as such as the Standard and Poors 500, the Wilshire 5000, the NASDAQ, and others. The Dow Jones Industrial Average is easily the most recognizable stock market measure to most people."
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Marketing Products in the European Markets, 2006. A discussion regarding the marketing of products in Europe. 2,925 words (approx. 11.7 pages), 5 sources, $ 115.95 »
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Abstract This paper addresses the characteristics and requirements for marketing products in the European markets. Because there are many local differences in Europe, a single unitary approach is difficult to fashion. The paper further discusses how by gathering data and applying it globally with emerging patterns of target publics, global themes can be developed and applied in marketing campaigns.
From the Paper "In the competitive economic environment evident in European markets, the importance of marketing cannot be overemphasized. Just as in the United States, the developed markets and sophisticated consumers in the countries of Europe necessitate effective marketing strategies for products to be successful. A mediocre product can gain market prominence with a strong marketing campaign; however, even the best product can languish if effective marketing strategies are not used to make consumers aware of the product and convince them to consider its purchase. This paper will consider the environment and policies that drive the development of product marketing in European markets."
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International Marketing, 2004. This paper discusses the challenges that are faced by international marketing managers and the need for cultural sensitivity. 1,356 words (approx. 5.4 pages), 5 sources, MLA, $ 47.95 »
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Abstract This paper examines the challenges that are faced by international marketing managers and the need for cultural sensitivity. The paper explains about targeting specific markets, a marketing mix and globalization.
From the Paper "International Marketing Challenges. The international marketing function will face a number of new and dynamic challenges in the 21st century One of the defining qualities of a 21st century international marketing manager is that he or she must be sensitive to cultural differences in each market the company they represents sells into in order to be successful. An effective marketing manager will understand different tastes and lifestyles as well as different cultural norms and will incorporate all of this information into the marketing program."
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