Determine the revenues earned from overseas markets, Financial Management

Assignment Help:

a) This refers a business, such as Palmolive-Colgate being able to sell the same product using the same marketing approach all over the world. It is used by firms with global brands that often have a major share of their revenues earned from overseas markets.

b) There are several possible answers here; reasoning/justification is needed to award both marks. For example, Colgate toothpaste might be described as a fast-moving-consumer good or as being a consumer product.

c) This question requires a two-sided argument. For many products, the brand name is crucial to its sales. ‘Colgate' (and other globally recognized brand names) will help the company to sell its products due to brand awareness, loyalty and recognition. Globalization has meant that international branding is increasingly important as a business strategy. On the other hand, the brand name must be carefully considered and chosen in the context of overseas markets for some examples of multinationals that went the wrong way about international branding.

Evaluation of the extent to which branding is significant is needed for top marks. For example, the brand itself will not usually be sufficient to secure success in overseas markets; other marketing considerations are needed such as the distribution channels and product's price. Non-marketing aspects might also need to be considered, such as economic, political, legal, ethical and social issues.


Related Discussions:- Determine the revenues earned from overseas markets

Csae lets.., how would you judge the potential

how would you judge the potential

Determine firm sales revenue, a) Gross profit shows the difference between ...

a) Gross profit shows the difference between a firm's sales revenues and its direct cost of sales (COGS). Net profit, however, is calculated after deducting overheads (expenses) fr

Explain what is comprehensive income, Q. Explain what is Comprehensive Inco...

Q. Explain what is Comprehensive Income? Comprehensive Income - Change in EQUITY of a business enterprise during a period from transactions and other circumstances and events f

Quantitative or mixed-methods study, Application: Critiquing a Qualitative,...

Application: Critiquing a Qualitative, Quantitative, or Mixed-Methods Study Over the last several weeks you have explored many qualitative, quantitative, and mixed-methods rese

Explain capital investment project appraisal, Question: (a) The future ...

Question: (a) The future value (F) of a sum invested now can be calculated using the formula: F = P(1 + r) n Required: (i) Describe each of the other constituents in the

Divisional performance evaluation, In modern strategic management accountin...

In modern strategic management accounting it is important to use appropriate performance measurements and control concepts, underpinned by theories and models applied in a variety

Application of concept of tvm, Q. Application of concept of TVM Sometim...

Q. Application of concept of TVM Sometime the financial manager has to deal with the varying situation of the decision making where the concept of TVM needs to be applied in th

Ranking conflict net present value & internal rate of return, Explain how t...

Explain how to resolve a "ranking conflict" between the net present value and the internal rate of return.  Why should the conflict be resolved as you explained? Whenever there

Investment objectives, Investment Objectives: Any investment should alw...

Investment Objectives: Any investment should always start with identifying its objective. Thus, the first step in the pension fund investment management system is defining the

Tokyo stock exchange, Tokyo Stock Exchange In the 1870s, a securities s...

Tokyo Stock Exchange In the 1870s, a securities system was introduced in Japan and public bond negotiations began. This resulted in a demand for public trading institution, whi

Write Your Message!

Captcha
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