Description
Efnisyfirlit
- Cover Page
- Title Page
- Copyright Page
- List of illustrations
- Preface
- Part 1Overview of world business
- 1 Nature of international marketing: challenges and opportunities
- Marketing strategy: the sound of “glocal” entertainment
- Process of international marketing
- International dimensions of marketing
- Domestic marketing vs. international marketing
- The applicability of marketing
- Multinational corporations (MNCs)
- Characteristics of MNCs
- The process of internationalization
- Benefits of international marketing
- Conclusion
- Case 1.1 Medical vacation: the globalization of health care
- 2 Trade theories and economic cooperation
- Marketing strategy: Botswana—the world’s fastest growing economy
- Basis for international trade
- Exchange ratios, trade, and gain
- Factor endowment theory
- The competitive advantage of nations
- The validity of trade theories
- Limitations of trade theories and suggested refinements
- Economic cooperation
- Conclusion
- Case 2.1 The United States of America vs. the United States of Europe
- 3 Trade distortions and marketing barriers
- Marketing strategy: the best things in life are (not) free
- Protection of local industries
- Marketing barriers: tariffs
- Marketing barriers: nontariff barriers
- Private barriers
- World Trade Organization (WTO)
- Generalized System of Preferences (GSP)
- Some remarks on protectionism
- Conclusion
- Part 2 World market environment
- 4 Political environment
- Marketing strategy: the Indian Bengals of information services
- Multiplicity of political environments
- Types of government: political systems
- Types of government: economic systems
- Political risks
- Privatization
- Indicators of political instability
- Analysis of political risk or country risk
- Management of political risk
- Measures to minimize political risk
- Political insurance
- Conclusion
- Case 4.1 Toyota: how to win friends and influence people
- 5 Legal environment
- Marketing strategy: the long arm of the law
- Multiplicity of legal environments
- Legal systems
- Jurisdiction and extraterritoriality
- Legal form of organization
- Branch vs. subsidiary
- Litigation vs. arbitration
- Bribery
- Intellectual property
- Counterfeiting
- Conclusion
- Case 5.1 Bribery: a matter of national perspective
- 6 Culture
- Marketing strategy: fish story
- Culture and its characteristics
- Influence of culture on consumption
- Influence of culture on thinking processes
- Influence of culture on communication processes
- Cultural universals
- Cultural similarities: an illusion
- Communication through verbal language
- Communication through nonverbal language
- Subculture
- Conclusion
- Case 6.1 Cultural considerations in international marketing: a classroom simulation
- Case 6.2 When in Rome do as the Romans do: useful tips for those who do business in Russia
- Case 6.3 Language of color
- 7 Consumer behavior in the international context: psychological and social dimensions
- Marketing strategy: the samurai and luxury cars
- Perspectives on consumer behavior
- Motivation
- Learning
- Personality
- Psychographics
- Perception
- Attitude
- Social class
- Group
- Family
- Opinion leadership
- Diffusion process of innovation
- Conclusion
- Case 7.1 Tropical drink for the U.S. market
- Part 3 Planning for international marketing
- 8 Marketing research and information systems
- Marketing strategy: phones as companions
- Nature of marketing research
- Marketing information sources
- Secondary research
- Primary research
- Sampling
- Basic methods of data collection
- Measurement
- Marketing information system
- Conclusion
- Case 8.1 Mapping Japanese tourism behavior
- 9 Foreign market entry strategies
- Marketing strategy: Raging Bull
- Foreign direct investment (FDI)
- Exporting
- Licensing
- Management contract
- Joint venture
- Manufacturing
- Assembly operations
- Turnkey operations
- Acquisition
- Strategic alliances
- Analysis of entry strategies
- Free trade zones (FTZs)
- Conclusion
- Case 9.1 Taylor Candy Company and the Caribbean market
- Part 4 International marketing decisions
- 10 Product strategies: basic decisions and product planning
- Marketing strategy: East is East and West is West
- What is a product?
- New product development
- Market segmentation
- Product adoption
- Theory of international product life cycle
- Product standardization vs. product adaptation
- A move toward world product: international or national product?
- Marketing of services
- Conclusion
- Case 10.1 McDonaldization
- 11 Product strategies: branding and packaging decisions
- Marketing strategy: global brands and mega brands
- Branding decisions
- Branding levels and alternatives
- Brand consolidation
- Brand origin and selection
- Brand characteristics
- Brand protection
- Packaging: functions and criteria
- Mandatory package modification
- Optional package modification
- Conclusion
- Case 11.1 Planet Ralph: the global marketing strategy of Polo Ralph Lauren
- 12 Channels of distribution
- Marketing strategy: blood diamonds and De Beers (Part 1)
- Direct and indirect selling channels
- Types of intermediaries: direct channel
- Types of intermediaries: indirect channel
- Channel development
- Channel adaptation
- Channel decisions
- Determinants of channel types
- Distribution in Japan
- Selection of channel members
- Representation agreement and termination
- Black market
- Gray market
- Distribution of services
- Conclusion
- Case 12.1 Managing channel conflict in the global IT industry
- Case 12.2 Schwarzkopf, Inc. distribution network
- 13 Physical distribution and documentation
- Marketing strategy: booming economies and headaches
- Modes of transportation
- Cargo or transportation insurance
- Packing
- Containers
- Freight forwarder and customs broker
- Contract logistics
- Documentation
- Conclusion
- Case 13.1 Who can best introduce the “City Adventurer” into Saudi Arabia?
- 14 Promotion strategies: personal selling, publicity, and sales promotion
- Marketing strategy: book worms
- Promotion and communication
- Promotion mix
- Personal selling
- Publicity
- Sales promotion
- Overseas product exhibitions
- Conclusion
- Case 14.1 Selling in the EU
- Case 14.2 A new system installment of Sanki Denki (Thailand)
- 15 Promotion strategies: advertising
- Marketing strategy: soft and not-so-soft drinks
- The role of advertising
- Patterns of advertising expenditures
- Advertising and regulations
- Advertising media
- Standardized international advertising
- Global advertising: true geocentricity
- Conclusion
- Case 15.1 International advertising: standardized, localized, or global?
- 16 Pricing strategies: basic decisions
- Marketing illustration: the price is right
- The role of price
- Price standardization
- Pricing decisions
- Alternative pricing strategies
- Dumping
- Price distortion
- Price fixing
- Inflation
- Transfer pricing
- Conclusion
- Case 16.1 Blood diamonds (Part II)
- 17 Pricing strategies: countertrade and terms of sale/payment
- Marketing strategy: noncash trade
- Countertrade
- Price quotation
- Terms of sale
- Methods of financing and means of payment
- Conclusion
- Case 17.1 Countertrade: counterproductive?
- Part 5 Financial decisions
- 18 Financial Strategies: financing and currencies
- Marketing strategy: the Big Mac Index
- Trade finance
- Nonfinancial institutions
- Financial institutions
- Government agencies
- International financial institutions/development banks
- International Monetary Fund (IMF)
- Money
- Foreign exchange
- Foreign exchange market
- Foreign exchange rate
- Exchange rate systems
- Official classification of exchange rate regimes
- Evaluation of floating rates
- Financial implications and strategies
- Conclusion
- Case 18.1 Ups and downs: a foreign exchange simulation game