Description
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- Cover
- About the Authors
- Preface
- Acknowledgments
- 1 Globalization Imperative
- Why Global Marketing Is Imperative
- The Fluid Nature of Global Competition
- 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
- SUMMARY
- KEY TERMS
- 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 Positioning46
- 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: COUNTRY SCREENING—CONVERTING RAW DATA INTO A 10‐POINT SCALE
- APPENDIX B: A LTERNATIVE COUNTRY SCREENING PROCEDURE
- APPENDIX C: 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 A: USING CONJOINT ANALYSIS FOR CONCEPT TESTING IN GLOBAL NEW PRODUCT DEVELOPMENT
- APPENDIX B: INCREMENTAL BREAK‐EVEN ANALYSIS FOR STANDARDIZATION VERSUS ADAPTATION DECISIONS
- 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, Currency Fluctuations, and Tariffs
- 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 Exports25
- 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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