Discuss global local and glocal strategies

Assignment Help Business Management
Reference no: EM131367440 , Length: word count : 2000

Global Marketing and Communication

Instructions on Assessment:

The assessment is in two parts:

  1. Group seminar presentations
  2. The assignment

Seminar activities

Work in small groups within their seminar and make two assessed presentations on their chosen global brand. Further information on the seminar activities is detailed separately.

Final assignment 

Your Marketing Director has been invited to make a presentation to a group of domestic consumer marketers. The conference, ‘Going global, acting local - communicating global brands to global markets' aims to encourage home businesses to take their brands abroad.

The audience will include marketing consultants, company marketing personnel and researchers. She has asked you to carry out some research for her and present her with a report on this topic area, from which she will put together her presentation. This should be clear and concise and identify the main points that she should make. The report should be based on one chosen brand only.

You will need to help her by looking at academic research.

The report should outline your responses to the following issues:

1. Discuss global, local and glocal strategies towards two of the following areas:

  • Product
  • Price
  • Distribution
  • Promotion

 

Use marketing theory when discussing globalization, localization and glocalization within the context of international marketing. Use range of examples to enhance your discussion and academic sources to discuss marketing terminology.

2. Select and discuss the target market (or primary target market if there are more than one target customer) for your chosen global brand. Identify whether the brand is targeted to a global market or whether the target consumer differs from country to country. Use as many appropriate segmentation variables as you can to support your answer. Use relevant marketing theory and terminology to underpin your discussion.

Write in APA format.

Length : 2000 words.

Reference no: EM131367440

Questions Cloud

Explaining the possible workplace hierarchy : Jim Ellis, vice president of a North Carolina knitwear manufacturer, was sent by his company to observe firsthand how operations were proceeding in their Korean plant and to help institute some new managerial procedures. Could you help Jim better und..
How would a great network design contribute to students : Consider introducing the overall objective of the network design. Look into UMUC's Strategic Plan, how would the network design help the stakeholders, the leadership of the university, the students, and the instructors achieve their goals? How w..
Preformed a song titled won t get fooled again : The band "The Who" preformed a song titled "Won't Get Fooled Again" that has the sentence "Meet the new boss same as the old boss" in it. How/why might the classical approaches to management support this idea?
World of organizational communication : Before we dive into the world of Organizational Communication, let's discuss your thoughts on the role and need of organizing. To be specific, where and what do you communicate and to whom? And how does it foster organization? Can you think of a m..
Discuss global local and glocal strategies : Global Marketing and Communication- Discuss global, local and glocal strategies towards two of the Product , Price , Distribution  and  Promotion areas:
Describe a policy initiative you might introduce : Describe a policy initiative you might introduce to further that position. Finally, describe the policies that already exist in your state and explain how your initiative might alter these existing policies
What changes will occur in the admittance matrix : What characteristics does the electrical power network equation have? And what requirements are there for its solution algorithm?
Identify how the author of source defines time management : Find an online article that discusses time management. Identify how the author of the source defines time management. Bring in a definition of the term time management from an article rather than a glossary or dictionary.
Identify how the author of source defines time management : Find an online article that discusses time management. Identify how the author of the source defines time management. Bring in a definition of the term time management from an article rather than a glossary or dictionary.

Reviews

Write a Review

Business Management Questions & Answers

  Potential buyers of a product

What is the set of actual and potential buyers of a product?

  Executive leadership of the real estate group

Prepare a training summary to be presented to the executive leadership of the Real Estate Group in a closed door meeting. Identify key performance objectives.

  Major competitive advantages

Major competitive advantages

  Strategy formulation and strategy implementation

Aids at a workplace: Would it be wrong of Carla to ask Tom Walters about his health? Explain why or explain why not? Defend your answer to appeal to moral principle.

  Calculate mad, mapd and mse

Compare the five forecasts by using MAD, MAPD and MSE and indicate which seems to be more accurate.

  Discuss the underlying issue in the evaluation of a business

Identify and discuss the three underlying issues in the evaluation of a business. Define the term due diligence. How is it applied to the acquisition of an existing venture? Explain how the price/earnings ratio method of valuation works. Give an ex..

  Describe the new types of marketing communications

In a 500 to 1000 word narrative, describe the new types of marketing communications available on the web, describe their advantages or disadvantages, and outline their changing effectiveness and cost.  Have firms communicated with you online as..

  What was the outcome of this change situation

Resistance to change is more likely to succeed if the forces resisting the change are stronger than the forces driving the need for change. Describe some of the specific tactics that resisters could employ to thwart change efforts.

  Supervisors in the library branches are male although

The Fairview County Public Library has 516 employees including 163 librarians. A study of the library staff discloses that 3 out of 30 supervisors in the library branches are male although men make up 25% of the branch librarians

  The government has supported ford industry

Examine how Ford company operates. In the last few years, several industries were hurt in the economic downturn such as the auto industry as well as banking. In this assignment, you will focus on the relationship between the goverment and the m..

  Will you market your product or services locally

As you work on the Internet component of your marketing plan, you must decide how to set geographic pricing policies.

  Do you need to work for companies which make such charges

Do you believe which every customer pays hidden or unanticipated charges for the things which they buy? High rate of interest on unpaid balances; Yearly membership fees; Service charges; Are such charges ethical? Do you need to work for companies ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd