Description
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- Cover
- Title Page
- Dedication
- About the Authors
- Preface
- Four Fundamental Issues Addressed in the Seventh Edition
- Our Pedagogical Orientation
- Global Orientation
- Interdisciplinary Perspective
- Proactive Orientation
- Cultural Sensitivity
- Research Orientation
- Practical Orientation
- Internet Implications
- Acknowledgments
- 1 GLOBALIZATION IMPERATIVE
- Why Global Marketing Is Imperative
- Globalization of Markets: Convergence and Divergence
- Evolution of Global Marketing
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- Appendix: Theories of International Trade and the Multinational Enterprise
- 2 ECONOMIC ENVIRONMENT
- Intertwined World Economy
- Country Competitiveness
- Emerging Economies
- Evolution of Cooperative Global Trade Agreements
- Information Technology and the Changing Nature of Competition
- Regional Economic Arrangements
- Multinational Corporations
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 3 FINANCIAL ENVIRONMENT
- Historical Role of the U.S. Dollar
- Development of Today’s International Monetary System
- Foreign Exchange and Foreign Exchange Rates
- Balance of Payments
- Economic and Financial Turmoil around the World
- Marketing in the Euro Area
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 4 GLOBAL CULTURAL ENVIRONMENT AND BUYING BEHAVIOR
- Meaning of Culture
- Elements of Culture
- Cross-Cultural Comparisons
- Adapting to Cultures
- Culture and the Marketing Mix
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 5 POLITICAL AND LEGAL ENVIRONMENT
- Political Environment—Individual Governments
- Political Environment—Social Pressures and Political Risk
- Terrorism and the World Economy
- International Agreements
- International Law and Local Legal Environment
- Issues Transcending National Boundaries
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 6 GLOBAL MARKETING RESEARCH
- Research Problem Formulation
- Secondary Global Marketing Research
- Primary Global Marketing Research
- Leveraging the Internet for Global Market Research Studies
- Market Size Assessment
- New Market Information Technologies
- Managing Global Marketing Research
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 7 GLOBAL SEGMENTATION AND POSITIONING
- Reasons for International Market Segmentation
- International Market Segmentation Approaches
- Segmentation Scenarios
- Bases for International Market Segmentation
- International Positioning Strategies
- Global, Foreign, and Local Consumer Culture Positioning
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- Appendix
- 8 GLOBAL MARKETING STRATEGIES
- Information Technology and Global Competition
- Global Strategy
- Global Marketing Strategy
- R&D, Operations, and Marketing Interfaces
- Regionalization of Global Marketing Strategy
- Competitive Analysis
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 9 GLOBAL MARKET ENTRY STRATEGIES
- Country Selection
- Scale of Entry
- Choosing the Mode of Entry
- Exporting
- Licensing
- Franchising
- Expanding Through Joint Ventures and Alliances
- Wholly Owned Subsidiaries
- Dynamics of Entry Strategies
- Timing of Entry
- Exit Strategies
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- Appendix A: Alternative Country Screening Procedure
- Appendix B: Mode of Entry Choice—Three Theoretical Perspectives
- 10 GLOBAL PRODUCT POLICY DECISIONS I: DEVELOPING NEW PRODUCTS FOR GLOBAL MARKETS
- Standardization versus Customization
- Multinational Diffusion
- Developing New Products in the Global Marketplace
- Truly Global Product Development
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- Appendix: Using Conjoint Analysis for Concept Testing in Global New Product Development
- 11 GLOBAL PRODUCT POLICY DECISIONS II: MARKETING PRODUCTS AND SERVICES
- Global Branding Strategies
- Management of Multinational Product Lines
- Product Piracy
- Country-of-Origin (COO) Effects
- Global Marketing of Services
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 12 GLOBAL PRICING
- Drivers of Foreign Market Pricing
- Managing Price Escalation
- Pricing in Inflationary Environments
- Global Pricing and Currency Fluctuations
- Transfer Pricing
- Global Pricing and Antidumping Regulation
- Price Coordination
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 13 GLOBAL COMMUNICATION STRATEGIES
- Global Advertising and Culture
- Setting the Global Advertising Budget
- Creative Strategy
- Global Media Decisions
- Advertising Regulations
- Choosing an Advertising Agency
- Other Communication Platforms
- Globally Integrated Marketing Communications (GIMC)
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 14 SALES MANAGEMENT
- Market Entry Options and Salesforce Strategy
- Cultural Considerations
- Impact of Culture on Sales Management and Personal Selling Process
- Cross-Cultural Negotiations
- Expatriates
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 15 GLOBAL LOGISTICS AND DISTRIBUTION
- Definition of Global Logistics
- Managing Physical Distribution
- Managing Sourcing Strategy
- Free Trade Zones
- International Distribution Channel
- International Retailing
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 16 EXPORT AND IMPORT MANAGEMENT
- Organizing for Exports
- Indirect Exporting
- Direct Exporting
- Mechanics of Exporting
- Role of the Government in Promoting Exports
- Managing Imports—The Other Side of the Coin
- Mechanics of Importing
- Gray Markets
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 17 PLANNING, ORGANIZATION, AND CONTROL OF GLOBAL MARKETING OPERATIONS
- Global Strategic Marketing Planning
- Key Criteria in Global Organizational Design
- Organizational Design Options
- Organizing for Global Brand Management
- Life Cycle of Organizational Structures
- Control of Global Marketing Efforts
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 18 MARKETING STRATEGIES FOR EMERGING MARKETS
- Emerging Markets
- Competing with the New Champions
- Targeting/Positioning Strategies in Emerging Markets—BOP or No BOP?
- Entry Strategies for Emerging Markets
- Product Policy
- Pricing Strategy
- The Distribution Challenge
- Communication Strategies for Emerging Markets
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 19 GLOBAL MARKETING AND THE INTERNET
- Barriers to Global Internet Marketing
- Global Internet Consumers
- Globally Integrated versus Locally Responsive Internet Marketing Strategies
- The Internet and Global Product Policy
- Global Pricing and the Web
- Global Distribution Strategies and the Internet
- The Role of the Internet for Global Communication Strategies
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- 20 SUSTAINABLE MARKETING IN THE GLOBAL MARKETPLACE
- Global Corporate Citizenship
- Major Areas of CSR
- The Case for Sustainability
- Challenges for Sustainability Strategies
- Sustainable Marketing and Global Consumers
- Developing and Implementing a Sustainable Strategy
- Global Stakeholder Engagement Programs
- Sustainable Marketing Mix Policy for the Global Marketplace
- Crisis Management and Consumer Boycotts
- Summary
- Key Terms
- Review Questions
- Discussion Questions
- Further Reading
- SUBJECT INDEX
- NAME INDEX
- COMPANY INDEX
- End User License Agreement
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