Discuss the three models and how they differ

Assignment Help Marketing Management
Reference no: EM13838793

In some countries, consumer attitudes toward foreign products reflect their desire to protect the company's competitiveness in the home market. Even governmental entities tend to protect the company's competitiveness in the home market. To counter this protectionism, some organizations operate their foreign subsidiaries as independent units with minimum interference from headquarters and allow their foreign subsidiaries to take more responsibility, such as adapting designs and manufacturing product to meet local needs. Conversely, other organizations operate their entire international operations as a single, global-market segment and market the same product worldwide maximizing economies of scale both in production and research and development (R&D). Discuss the three primary models of international marketing that address the marketing mix:

  • ethnocentric
  • geocentric
  • polycentric

Your discussion should include the following:

  • Discuss the three models and how they differ.
  • Describe whether a company markets a product or service influences the choice of one model over another.
  • Discuss how cultural differences may affect the choice of model.

Reference no: EM13838793

Questions Cloud

Develop a promotional campaign for a new digital camera : You are a member of an advertising team assembled to develop a promotional campaign for a new digital camera. Develop three headlines for this campaign, each based on one of the levels in Maslow's need hierarchy that can be used to segment the market..
Identify relevant controllable and uncontrollable elements : Identify the relevant controllable and uncontrollable elements that the company has dealt with in entering a global market. Using resources from the Library's full-text databases, discuss the major sources of risk facing the company within its inte..
Describe advantages and disadvantages of quasi-experiments : Describe the advantages and disadvantages of quasi-experiments? What is the fundamental weakness of a quasi-experimental design? Why is it a weakness? Does its weakness always matter?
Ford has decided to pursue employee buyouts : Ford has decided to pursue employee buyouts and attrition in an attempt to shrink its workforce to match its productivity demands. Why do you think Ford is using these two tactics? Do you think these are the best options for Ford to achieve its goals..
Discuss the three models and how they differ : Discuss the three models and how they differ. Describe whether a company markets a product or service influences the choice of one model over another
What is the concentration of the stock naoh solution : A student weighs out 0.675g of KHP (molar mass = 204 g/mol) and titrates to the equivalence point with 36.78 mL of a stock NaOH solution. What is the concentration of the stock NaOH solution? KHP is an acid with one acidic proton.
Expression for speed of sound in any gas : With the reference to the expression for speed of sound in any gas, show why pressure is not important in determining the speed of sound; by using the value for the gas constant R and the molecular mass of dry air, derive an expression for the spe..
Use the bcg matrix to analyze mozilla : Use the BCG Matrix to analyze Mozilla as its strategy relates to that of its competitors.
Evaluate the potential impact of the expanded facility : Evaluate the potential impact of the expanded facility in patient satisfaction and developing new marketing share. Assess possible methods to build rapport within Sunny Beach and surrounding communities

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

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