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... ing that the real essence of economic development lies in raising the standard of living of consumers generally rather than in maximizing gains to any one particular group. Consider the classic situation: an area characterized by a subsistence, village-type agriculture, with the several villages con ...
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... organisation and time management skills. Through practice you should become proficient at organising meetings – setting agendas, controlling meetings and writing minutes. The assessment for this subject contains a considerable amount of large and small group work, which reflects what you will experi ...
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... adaptation (or other derivatives), and the need to have transnational technology and communication. 7. How are regional and global strategies different? What are some advantages and disadvantages of a regional strategy? The primary difference between regional and global strategies is the degree of p ...
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... PCs. In addition, AOL plans to introduce a pay-per-download service late this year; and Amazon and MSN are also exploring this possibility. Part of the allure of Apple's iTunes is the flexible arrangements CEO Steve Jobs negotiated with the record labels, which enable users to move their 99-cent son ...
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... different currencies and so costs and margins are not stable over long periods of time. Such an exposure could mean that Nike may be manufacturing and/or selling at a loss. This is an issue that faces all global brands. The market for sports shoes and garments is very competitive. The model develope ...
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... objectives of a marketing campaign through a well-coordinated use of different promotional methods that are intended to reinforce each other.” At that time, the 4As recognized the importance of various mediums including advertising, public relations, sales promotion and direct marketing for deliveri ...
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... of promotional activities is a complex and time-consuming process. It allows evaluating the timeliness and quality of the advertising campaign, no matter what goal it is pursued: the market launch of a new product, attract customers to additional consumption of already known product, acquisition of ...
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... other than those that put the consumer face to face with a service/product contacts aimed at triggering a rapid response from the target consumers. In services, direct marketing, relationship has grown as an institution - the client is a direct and beneficial for both parties. Banks using direct mar ...
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... market share or promote its products in a new region, it will probably have to spend more than it would to maintain its position in an existing market. Again, you'll need to create a system for keeping your employees informed. You might consider adding an element to your company newsletter that feat ...
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Scope, Concepts, and Drivers of International Marketing

... headquarters • Marketing strategies are specific to each country • Result: No economies of scale, duplicated functions, higher final product costs ...
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Target market



A target market is a group of customers a business has decided to aim its marketing efforts and ultimately its merchandise towards. A well-defined target market is the first element of a marketing strategy. Product, price, promotion, and place are the four elements of a marketing mix strategy that determine the success of a product or service in the marketplace.
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