MT330 International Marketing Unit 6

Slides:



Advertisements
Similar presentations
LEARNING OBJECTIVES At the end of this chapter, the reader should be able to: Explain the three basic decisions before entering a foreign market Explain.
Advertisements

1 © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Copyright STRATEGIES FOR COMPETING IN GLOBALIZING MARKETS CHAPTER 6.
GLOBAL MARKETING AND WORLD TRADE. Trends that have affected world trade 1.The decline of economic protectionism 2.Increase in economic integration and.
9-1© 2006 by Nelson, a division of Thomson Canada Limited. International Strategy Chapter Nine.
Global Marketing Management: Planning and Organization
International Business 9e
New York | London | Munich | Sydney | Tokyo Cost-Effective International Patenting Strategies: Expand Your Global Opportunity Presented by Jeff Sweetman.
MT220 – UNIT 9.  1) Lower costs, and  2) Add value for the customer? WHERE? Let’s take it step by step…
Doing Business Globally Chapter Two. Global Village A boundary less world A boundary less world Goods and services are marketed all over the world Goods.
Chapter 14 Global Production, Outsourcing and Logistics 1.
MT330 International Marketing Unit 6 All the World is a Stage.
All Rights Reserved to Kardan University 2014 Kardan University Kardan.edu.af.
Developing Global Marketing Strategies 3 Chapter 20 Matakuliah: J0474 International Marketing Tahun: 2009.
Global Marketing Management: Planning & Organization Chapter 11.
MT330 International Marketing Unit 7 All the World is a Stage.
MT 219 Marketing Unit Nine The Global Marketplace Social Responsibility and Ethics Note: This seminar will be recorded by the instructor.
The 1970s: Adaptation versus Standardization
GBM 380 CART Teaching Effectively\gbm380cartdotcom FOR MORE CLASSES VISIT
MGT 325 Entire Course FOR MORE CLASSES VISIT MGT 325 Week 1 DQ 1 Strategic Advantage MGT 325 Week 1 DQ 2 Public Activity MGT 325.
BUS 644 MART Peer Educator/ bus644mart.com FOR MORE CLASSES VISIT
GBM 489 TUTOR The power of possibility/gbm489tutordotcom.
FOR MORE CLASSES VISIT  GBM 380 Week 1 Globalization Paper  GBM 380 Week 1 DQs  GBM 380 Week 2 Business Organizations Paper  GBM.
Chapter2 COMPETING WITH INFORMATION TECHNOLOGY. Goal: Introduces fundamental concepts of competitive advantage through information technology and illustrates.
MGT 448 Entire Course FOR MORE CLASSES VISIT MGT 448 Week 1 Discussion Question 1 MGT 448 Week 1 Discussion Question 2 MGT 448 week.
BUS 401 OUTLET Teaching Effectively/ bus401outlet.com FOR MORE CLASSES VISIT
MGT 448 ASSIST Education Expert/mgt448assist.com FOR MORE CLASSES VISIT
MGT 448 Slingshot Academy / Tutorialrank.com
STRATEGIC THINKING AND PLANNING FOR BUSINESS
International Business 9e
MGT 448 ASSIST Motivating Students to Learn/mgt448assist.com
International Business 9e
Business Ethics
Business Ethics
Business Ethics
Business Ethics
Business Ethics
Business Ethics
Business Ethics
Business Ethics
Business Ethics
BUS 644 Competitive Success/snaptutorial.com
GBM 380 Competitive Success-- snaptutorial.com
MGT 325 Competitive Success/snaptutorial.com
GBM 489 Competitive Success/snaptutorial.com
BUS 401 Possible Is Everything/snaptutorial.com
HRM 554 Competitive Success/snaptutorial.com
ENTR 550 Innovative Education--snaptutorial.com
ISCOM 473 Education for Service-- snaptutorial.com.
GBM 380 Education for Service-- snaptutorial.com
MGT 325 Education for Service-- snaptutorial.com.
MGT 448 ASSIST Lessons in Excellence- -mgt448assist.com.
BUS 401(NEW) Education for Service--tutorialrank.com.
MKT 562 Teaching Effectively-- snaptutorial.com
MKT 562 Education on your terms/snaptutorial.com.
BUS 644 Education for Service/snaptutorial.com
GBM 489 Education for Service/snaptutorial.com
HRM 554 Education for Service/snaptutorial.com
MGT 325 Education for Service/tutorialrank.com
MGT 448 Education for Service/tutorialrank.com
MKT 562 Education for Service-- snaptutorial.com
GBM 380 Teaching Effectively-- snaptutorial.com
ISCOM 473 Teaching Effectively-- snaptutorial.com.
MGT 325 Teaching Effectively-- snaptutorial.com
ENTR 550 Education for Service-- tutorialrank.com
BUS 644 Teaching Effectively-- snaptutorial.com
GBM 380 Inspiring Innovation-- snaptutorial.com
MGT 448 Education for Service-- tutorialrank.com
GBM 489 Teaching Effectively-- snaptutorial.com
Global Strategies and the MNC
Global Production, Outsourcing, and Logistics
Presentation transcript:

MT330 International Marketing Unit 6 All the World is a Stage

MT330 – International Marketing Unit 6 Global Market Entry and Ethics READINGS Read the following chapters in your text:   •  Chapter 11: Global Marketing Management: Planning and Organization

MT330 – International Marketing Unit 6 KEY CONCEPTS New manufacturing techniques and the Internet have allowed products to be localized and have decreased the trend towards mass customization. Companies that market globally often fare better in economic downturns precisely because they are diversified. Selecting an appropriate market entry and partner greatly helps decrease the risk in penetrating new international markets.

MT330 – International Marketing Unit 6 DISCUSSION QUESTIONS Given the different ways that the text and video give to enter a foreign market, what might be the best way for Otsuka Pharmaceutical Company to enter the US market? Think about the way that similar beverages are marketed in the US and its culture. Why did you select this method of market entry into the US? Why did you reject the other ways that companies enter foreign markets?

MT330 – International Marketing Unit 6 ASSIGNMENT Ultrasound Machines, India, China, and a Skewed Sex Ratio In this assignment, you will be following several steps to complete your final work.   Download the document above for the assignment's instruction.   Further instructions can be found on the next page.   Make sure to use the concepts you have learned from the text and that you have answered the questions thoroughly.

MT330 – International Marketing Unit 6 1.  Read Case 4-7, Making Socially Responsible and Ethical Marketing Decisions: Selling Tobacco to Third World Countries” on page 675 in your textbook. 2. Read Case 2-8, “Ultrasound Machines, India, China, a Skewed Sex Ratio,” on page 636 of your text. 3.  Visit the East-West Center and read the article. Microeconomics: the part of economic analysis that studies individual decision making undertaken by individuals (or households) and by firms. Microeconomics: the part of economic analysis that studies the behavior of the economy as a whole. It deals with economy-wide phenomena such as changes in unemployment, the general price level, and national income.

MT330 – International Marketing Unit 6 Based on the readings, what you have learned in the text readings up to this point, and the model that was presented in Case 4-7, answer the questions regarding the marketing of ultrasound machines in India, China and Korea Remember to write the assignment in narrative form Microeconomics: the part of economic analysis that studies individual decision making undertaken by individuals (or households) and by firms. Microeconomics: the part of economic analysis that studies the behavior of the economy as a whole. It deals with economy-wide phenomena such as changes in unemployment, the general price level, and national income.

MT330 – International Marketing Unit 6 UNIT OUTCOMES Explain the differences between global and international marketing management. Outline the tradeoffs involved with the different international market-entry strategies. Relate the increasing importance of international strategic alliances. Compare the business ethics in foreign markets. Microeconomics: the part of economic analysis that studies individual decision making undertaken by individuals (or households) and by firms. Microeconomics: the part of economic analysis that studies the behavior of the economy as a whole. It deals with economy-wide phenomena such as changes in unemployment, the general price level, and national income.

Thank You! Comments and Questions?