Expansion strategy focused on acquiring other enterprises

Assignment Help Operation Management
Reference no: EM13749052

To extend its international presence, Martinetti International has formed an expansion strategy focused on acquiring other like enterprises outside the European region. Martinetti, a subsidiary of a publicly owned parent company, is based in Rome where it enjoys an established brand name and superb reputation. As part of Martinetti's globalization strategy, it has acquired Sand Coast Resort Group located in the heart of Chinatown, Singapore. Both hotel enterprises share common business values and excellent reputations, and offer high-end luxury accommodations for the local businessman and international traveler. The acquisition offers Martinetti ownership of the Sand Coast brand, trademarks, and contracts for the 9 Sand Coast hotel holdings. With this acquisition, Martinetti gains a footprint in Southeast Asia and expands its holdings 27 percent. Sand Coast has strong brand recognition in the region and has a portfolio that includes both hospitality services and travel agencies. Martinetti, a cross-culture organization, is comprised of approximately 65 percent Italian employees with the remaining representing 7 other countries and languages. San Coast also has a cross-cultural workforce with 88 percent being Singaporean of Chinese, Malay, and Indian ethnicity. Chinese is the official language.

As a member of the Martinetti management team, you have been selected to meet with the Sand Coast Resort leadership team to discuss Martinetti's approach to market the acquisition in both countries. Your task is to convince the Sand Coast team that Martinelli has a sound strategic communications plan. Please discuss the promotional goals and cultural factors you would discuss with Sand Coast and what aspects of the recommended promotional strategy you would address.

Reference no: EM13749052

Questions Cloud

Most important cornerstone to successful investing : Question 2: What is the most important cornerstone to successful investing? Question 3: On the day of Alibaba's IPO, September 19, 2014, the S&P 500 moved down 0.96 points, why?
Software change management tools : Provide at least two examples of software change management tools, and explain how they are used in change management scenarios. As a software engineer, describe how you would address the configuration management challenge of various terminologies be..
The essence of project management is risk management : Consider the following statement- The essence of project management is risk management. What does it mean in terms of completing a project successfully
How can dashboards help the average user : Compare and contrast the two companies(cognos and tableau) on the various features they offer. Answer the following questions within your paper: How can dashboards help the average user
Expansion strategy focused on acquiring other enterprises : To extend its international presence, Martinetti International has formed an expansion strategy focused on acquiring other like enterprises outside the European region. Martinetti, a subsidiary of a publicly owned parent company, is based in Rome ..
What are the basic concepts of circuit switching : 1.  What are the basic concepts of circuit switching? 2.  What ar the advantages and disadvantages of  circuit switching?
Case study-the banana tree travel agency : Case Study: The Banana Tree Travel Agency, The Banana Tree Travel Agency a small travel agency has been growing and they decided to expand their operation
Write a recursive program spaces : Write a recursive program spaces(s) that takes as input a string s and returns the number of blank spaces (that is, ' ') the string s contains. You may not use string functions such as count, replace, etc. (slicing is ok), and loops and global variab..
Describe the role of interpersonal communication : Describe the role of interpersonal communication both as a manager and as an employee. What specific techniques have you used to overcome barriers to communication? Be sure to specify your role in the communication.

Reviews

Write a Review

Operation Management Questions & Answers

  What is going to be your competitive advantage

What is going to be your competitive advantage? What is the benefit you are trying to provide to your customers. Why are the activities you listed so important to your business? What problems might occur if you do not effectively and efficiently carr..

  What are some management characteristics

Innovative products Pricing Brands have inherent problems: Product features converge over time Price wars destroy margins Branding is expensive.

  Illustrate what is return on investment from this program

Two-hour program involved distance learning also was broadcast from sears training facility to 50 salespersons at 10 store locations in United States. Illustrate what is return on investment from this program.

  Organize quality concerns using a cause-and-effect diagram

Identify potential quality concerns in the traditional areas of machinery, employees, measurements, and materials. Organize these quality concerns using a cause-and-effect diagram

  Think would be an effective new business model for dell

Describe what you think would be an effective new business model for Dell, explaining the roles played in it by operations and financial, strategic

  How effective are actions by project managers

How effective are actions by project managers(or individuals in other business leadership position) in accomplishing company objectives.

  Cyber-crime is a fast growing

Identify the three criteria that effective buffers must fulfill. What are some statements that are often used as buffers

  Computing the project npv

Summer Tyme, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $3.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be ..

  Explain about supply chain strategies

Cite industry examples for at least two of the six Supply Chain strategies introduced in class and a brief description is expected for each example.

  Write a marketing plan

Your cousin wants to start his own business, but he has decided not to write a marketing plan because he thinks that preparing such a document would take too long

  Compare the strategies used whenever assessing the content

compare the strategies used when assessing the content of strong and weak sales messages. when might you recommend that

  1apply linear programming to this problem a firm wants to

1.apply linear programming to this problem. a firm wants to determine how many units of each of two products products d

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