Summary: International Marketing Strategy. | 9781408044070 | Isobel Doole, et al

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Read the summary and the most important questions on International marketing strategy. | 9781408044070 | Isobel Doole and Robin Lowe.

  • 1 Chapter 1 - International Marketing

    This is a preview. There are 6 more flashcards available for chapter 1
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  • Three sorts of economies of slEpts

    Developed, emerging, less developed economies
  • Stages of planning in IMK

    The unplanned stage
    Budgeting Stage
    Annual business planning
    Strategic planning stage
  • 2 Chapter 2 - World Trading Environment

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  • The two market entry barriers have different sorts, what are they?Name them and name the sorts

    Tariff barrier: Ad valorem, discriminatory, Specific
    Non-tariff barrier: Quantitative restrictions, Restrictive practices
  • Name the main types of trade associations (Trading Blocs)

    Free trade area
    Customs union
    Common market
    Economic union
    Political
  • 4 Chapter 4 - IMK research and opportunity analysis

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  • Name the 6 key stages of research process

    1. Defining the problem
    2. Developing the approach 
    3. Designing the research
    4. Carrying out the fieldwork
    5. Analysing the data
    6. Preparing report & presentation
  • 5 Chapter 5 - Niche marketing strategies for SME's

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  • Two challenges for SME's from less developed countries as a result of poor negotiation power

    Fairtrade  
    Infrastructure weakness
  • Nature of SME's IMK strategies

    - Exporting
    - International nichemarketing
    - Domestically delivered or developed niche services
    - Direct marketing
    - Participation in supply chain of a multinational
  • Two motivations to export

    Reactive strategies: Product has matured; end of PLC find new markets where product is in early PLC. 
    Proactive stratigies: Reduce risk, growth of profit
  • Four barriers for exporting

    • Shortage of working capital to finance esports
    • Not enough knowledge of overseas market
    • Inability to contact overseas customers/partners
    • Lack of managerial time, skill, and knowledge
  • 7 Chapter 7 - Market entry strategies

  • What are the entry strategies?

    Indirect exporting
    Direct exporting
    Foreign manufacturing
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