Global Management Research Paper Text

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Global marketing management first involves the same elements as any type of marketing management and then must take into account the different requirements of the global marketplace, the different opportunities, and the pitfalls that must be avoided in this developing arena. Deciding what works and what does not and seeing to it that the company follows what works is the job of the marketing manager. The process of marketing therefore now involves finding the right message for many different places and taking care not to try to tell a product with the wrong message in a part of the world where that might be offensive. Marketers have to consider the core values of the consumer, and in america, these values are ascertained by various means by marketers.

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American marketers tend to have a good idea of the values held by american consumers, but when thinking globally, they have to account for different values in other parts of the world. What sells well in america may not sell well in europe and may have even less traction in the middle east or africa. Are now considered crude and overly general, and they may also not be applicable in some places. However, among them a sense of personal freedom, quality, value for money spent, individualism, originality, and personal success.

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Individuality is not a core value at all in many parts of the world, and personal success also may not be given as high a consideration. These values are often expressed in the marketing strategies undertaken to reach the consumer and sell products and services, though often the values are implied rather than overtly stated. For instance, the marketer entering the american market with a clothing line will associate the clothing with images reflecting these values people who are expressing themselves, doing so freely, and achieving much while wearing this clothing.

Commercials would show young people working and playing in these clothes, implying that anyone wearing the same clothes would thus be successful and free as well. Selling the clothing line in other parts of the world might emphasize fitting into the social scene more than standing out. Marketing developed from an early focus on the product to a new focus on the customer, and this was addressed by the idea of the marketing mix, or the four ps of marketing, namely product, place, price and promotion. Market segmentation was next introduced, followed by many other approaches: marketing discipline therefore, is heavily influenced by economics, psychology, philosophy, management and other social sciences kermally 13.

The science of marketing has replaced the more intuitive approach of the past, placing more emphasis on research and on the psychology. More and more of the world's people, from the richest to the poorest, are now participating in the world's wealth through global trade. Bonded together by satellite communications and global companies, consumers in every corner of the world are demanding an ever expanding variety of goods. Rao 29 living standards have been rising for some time around the world, and this has led to an increasingly competitive marketplace: this heightened competition has forced companies from all over the world to find new ways to build and maintain their competitive strength. Global operations management in this research paper will be addressing a number of concerns that will be taken places as the host foreign country undergoes expansion. Detailing what cultural difficulties and multiplicity concerns are generally stumbled upon by the mnc and worldwide companies. Will be researching diversity and how this is a significant issue in the worldwide arena.

Detailing various political and economic concerns that will be encountered while world wide growth. The business of ppq parts has concluded that for the business to develop worldwide over the next few years, its supervisors should be suitably educated in multiculturalism and multiplicity management. The company’s decision makers must be conscious of any opinionated and financial matters that will take place during the development. The research paper will give you insight into some of the worries for the upper management. We publish superb quality journals incorporating innovative research papers/articles submitted by genuine researchers maintaining following features: superior benchmarks for journal assessment self innovated editorial and production standards rigorous amp fast peer review raar with exclusive 50+ aspects multi colored print journal along with online journal.

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