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Competing in a Global Context (MARKETING (Brand (Intangible Assets…
Competing in a Global Context
Innovations
Sustainable Cities
Autonomy - Participation - Sharing - Transformation
Cities
Sharing Ideas / Knowledge / Innovation
Interests
Stakeholders
MARKETING
Brand
Equity
Reputation
Architecture
Logos
Packing + Labelling
5 Steps - Naming Process
Intangible Assets
Positioning
Values
Loyalty
Roles of Brands
Role of Brands
Identification - Trust - Reduce Risk - Satisfaction
Tribes
Experiences - Emotion
Linked Value
Homogeneous Consumer
Identity/Image
Regional Conditions
Platforms
Products: Global v Local
Ethics
Crane & Matten 2016
Consumer Protections
Lower Standards - Controls - Legal Differences
Consumer / Culture
Neg
Dissatisfaction - Exploitation - Limited Education - Health and Safety
Pos
Improves lives - Opportunities - ROI - Standards
Geographic Segregation
Job losses - Complicated Supply Chains - Poor Conditions
Social + Environmental Impacts
Customer Values
People First
Behavioral Standards
Ethical Solutions - Principals - Stakeholder Orientation - Decision Protocols
Modes of Entry
Indirect
Direct
Joint Ventures
Strategic Alliances
Global Partnerships
FDI
Globalisation v Customisation
Social and Cultural Trends
Adapted Offerings - Local Preferences
Segmentation
Customers: Premium - Middle - Low-end
FINANCIAL & ECONOMIC
Regulations
IFRS / IASB
Vision
Process
Standards
Frameworks
Meaning of Regulation (LAW)
Cultural Variables
Common Law
Reporting
Forex
Government Cont
Fixed
Floating
McBurger Index - Over / Under Valued
Currency
Global USD
Regional Euro
Single GBP
Impacts
Export pricing
Pricing / Sales
Import pricing
Influences
Market Supply / Demand
Accounting
Balance of Payments
Current /Capital / Financial
Transfer Pricing
Mispricing
Unity Taxation
PESTLE
GLOBALISATION
Considerations
Expansion Triggers
Domestic Market
Customer Drivers
Competitive Forces
Cost Factors
Balance Portfolio
Micro - Environment
STEEPLE
Trade
Trade Agreements
Global / Local
Tariffs - Duties
Macro - Environment
Organisation
Skills - Resources - Competitive Advantage -Products (Fixed / Adapted)
Advantages
Profits - Lower Prices - Inc Employment - Inc Orders - Convergence Cultures - Rationalisation
Disadvantages
Risk - Erosion of Culture - Regulation - Increase competition
Nations Trading
Absolute Comparative Advantage
Relative Comparative Advantage
Diamond Model
National Trading
Five Forces
CSR
Morality
Societal Pressure
Self Interest