Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 19, Problem 19.18CC
Summary Introduction
Case summary:
Company is the product from Country F which deals with all kinds of cosmetics all over the world. The main success of the company is that it reads and learns all the cultures of the marketing countries. It uses the concept of universalization. After understanding the culture and preference it standardizes their products according to the preference of the consumers.
Characters in the case:
- Company L
To discuss: The degree Company L adapts its offerings in every global market in the scale of 1 to 5.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Present the important differences between international marketing plan (export marketing) and local or domestic marketing plan? Explain your answer?
maximum 12 lines please minimum 10 lines
course: export of services
You are launching the Pakistani street food cafe. Identify the marketing mix (four p’s) -
The brands meaning and positioning is derived from the seven Ps. Contrast the seven Ps which
position KFC South Africa relative to their major competitors. Use the following heading:
Place/Location/Distribution channels.
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.Similar questions
- can u answer it as soon as possible, thanks Koon’s is a leading instant noodle producer in Malaysia. In recent years, the company has experienced a rapid growth from international sales. Its products are now producing in Malaysia, Poland and North America and selling in 20 countries across Asia, Europe and North America. The success comes from its product localization, where it varies its instant noodle in ingredients, favours and packaging for buyers in different countries. Currently, Koon’s would explore theuntapped market in South Africa. (b) Identify and explain any THREE foreign market entry strategies that Koon’s could adopt to enter the South Africa market. Illustrate each strategy with an example from Koon’s case.arrow_forwardWith a Venn diagram, showcase the difference between international marketing and domestic marketing.arrow_forwardExplain Home Depot’s mission and its international business environments with relevant examples or informationarrow_forward
- Compare and contrast standardized, concentrated, and differentiated globalmarketing. Illustrate each strategy with an example from a global company.arrow_forwardDigital marketing is an umbrella term that describes any form of marketing that exists online. By using digital channels enterprises can connect with their current and prospective customers more effectively, attract and convert more high-quality leads and observe a greater return on their investments. What do you think the best digital marketing strategy for a B2C company in your country?arrow_forwardNow that you know what a "marketing mix" is, let's try putting it into practice. Think of a business in the tourism industry that you would want in the future. Create a "Marketing Mix" using the key elements of marketing.arrow_forward
- Several airlines, such as Air Asia, are pursuing a strategy to become a “retailer” of travel/tourism services, selling more than airline products. What is the rationale behind this move, and what are the pros and cons?arrow_forwardApple is also known as a master marketer. How has it managed the balance between localizing and globalizing its marketing mix: product, price, place, and promotion?arrow_forwardWhich of the five strategies for adapting products and promotion for global markets does Monster employ?arrow_forward
- Name and describe the advantages and disadvantages of the different types of joint venturing when entering a foreign market.arrow_forwardWho are the direct and indirect competitors of Bo's coffee in the Philippines?arrow_forwardDiscuss the significance of a buyer’s persona when selecting a target market. Imagine your company has just promoted you to Senior Marketing Manager of Global Sales Initiatives. In addition, based on your experience and knowledge with building Global Partnership, you and your team have been given the task to expand a new brand of organic tea to China by the middle of January 2024. Discuss two of the most critical elements you strong believe will require extensive evaluation and assessment in order for the product to be a success in China. Please make sure to use relevant digital/social media marketing/marketing concepts for support and justification.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles Of MarketingMarketingISBN:9780134492513Author:Kotler, Philip, Armstrong, Gary (gary M.)Publisher:Pearson Higher Education,MarketingMarketingISBN:9781259924040Author:Roger A. Kerin, Steven W. HartleyPublisher:McGraw-Hill EducationFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Marketing: An Introduction (13th Edition)MarketingISBN:9780134149530Author:Gary Armstrong, Philip KotlerPublisher:PEARSONContemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning