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Nevada State Senatorial Race - Research Paper Example The challenge for the Nevada State Senate depended on a solitary seat. The challeng...

Thursday, January 2, 2020

Standardization Adaptation - 15058 Words

Halmstad University School of Business and Engineering Business and Marketing Standardizing or Adapting the Marketing Mix across Culture A case study: Agatha Thesis in Marketing, 15 ECTS credits Final seminar: 25.05.2010 Authors : Elise MEYER (890511) Ingrid BERNIER (901218) Supervisor: Jean-Charles LANGUILAIRE Examiner: Roger STRÃâ€"M Summary of thesis Title: Standardizing or adapting the marketing mix across culture Authors: Ingrid Bernier and Elise Meyer Supervisor: Jean-Charles Languilaire Level: Bachelor Thesis in Business Administration, Marketing Key words: Culture, international marketing, marketing strategies, standardization and adaptation Purpose: Compare two strategies, standardization and adaptation,†¦show more content†¦Adaptation of the marketing mix..........................................................................10 2.2.1 Standardization vs. Adaptation of products ...........................................................................................12 2.2.2 Standardization vs. Adaptation of pricing.................................................................................................12 2.2.3 Standardization vs. Adaptation of promotion.........................................................................................13 2.2.4 Standardization vs. Adaptation od distribution (place)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦14 2.3 Conclusions of the theoretical framework..................................................................................................15 3 Method............................................................................................................................................................................16 3.1 Research purpose...................................................................................................................................................16 3.2 Qualitative vs. quantitative approach..........................................................................................................16 3.3 ResearchShow MoreRelatedGlobal Marketing Strategy - Standardization vs. Adaptation Essay2170 Words   |  9 PagesINTRODUCTION The debate of standardization versus adaptation has lasted for the last 52 years.(The McGraw-Hill Companies, 2003) . To standardize or adapt when going or planning to go international is the most difficult and delicate decision to make for any company. This decision may affect all the operations of businesses of the company i.e. Human Resources, Marketing, Research development, Production and Finance. Every company has a different outlook towards foreign markets, this outlook isRead MoreStandardization And Adaptation Of International Marketing1832 Words   |  8 Pages 1.2 standardization vs adaptation Nowadays people always argue should we use the same standard for worldwide or using different strategies for different countries in the modern world. People who are using standardization strategy in international marketing. First of all, the development of the technology had made the world become a village, that means each country and their people are closer than ever before. (David A, 2013) Base on this opinion, the individual markets are not along isolated atRead MoreStandardization Versus Adaptation in International Marketing2213 Words   |  9 PagesStandardization versus Adaptation in International Marketing Introduction The most challenging decision that a company may face in internationalization is the degree of standardization or adaptation in its operations. The question of standardization or adaptation affects all avenues of a business’ operations, such as RD, finance, production, organizational structure, procurement, and the marketing mix. Whether a company chooses to standardize or adapt its operations depends on its attitudesRead MoreStandardization Versus Adaptation in International Marketing2205 Words   |  9 PagesStandardization versus Adaptation in International Marketing Introduction The most challenging decision that a company may face in internationalization is the degree of standardization or adaptation in its operations. The question of standardization or adaptation affects all avenues of a business’ operations, such as RD, finance, production, organizational structure, procurement, and the marketing mix. Whether a company chooses to standardize or adapt its operations depends on its attitudesRead MoreStarbucks Coffee: Standardization and Adaptation Strategy Essay1598 Words   |  7 PagesStarbucks Coffee: Standardization and Adaptation Strategy Introduction Starbucks’ Business Concept and History When academics Jerry Baldwin, Zev Siegel, and Gordon Bowker established Starbucks Coffee Company in 1971, their vision of Starbucks was that of a local business specialising in â€Å"selling fresh roasted whole beans in ...specialty stores.† (Darguste et al., 2006 p.655). Fearing commoditization of the brand, the founders were opposed to the idea of broadening the appeal of StarbucksRead MoreCritical Analysis of Standardization and Adaptation in International Marketing2462 Words   |  10 Pagesâ ¦  Introduction: In internationalization, the most challenging decision faced by the company to choose between standardization and adaptation in its operations, products or services. It has been one of the important and most popular research topics since 1960s to understand whether standardization is better or adaptation for marketing mix in international marketing. The increasing role of international expansion of business across the borders has also increased the focus of companies towards the internationalRead MoreBMWs Extent of Standardization and the Degree of Adaptation: An Evaluation2155 Words   |  9 Pagesï » ¿BMW 1.1 EVALUATE TION OF THE EXTENT OF STANDARDIZATION AND THE DEGREE OF ADAPATION OF BMW. BMW marketing veers towards standardization rather than towards adaptation although it has a combination of both. The aesthetics for instance on its websites and the rest of its marketing mix are similar on all its material reflecting standardization. The classic design accords with the image of the company and does not differentiate according to specific country. So, for instance, users switching fromRead MoreStarbucks Coffee: Standardization and Adaptation Strategy14327 Words   |  58 Pagesdisappointing. In other words, this product category poses a challenge as the objective is to launch Starbucks in the Netherlands and serious decreases in any of the product categories could seriously harm this ambitious goal. Needless to say, an adaptation within this snack product category should be made to fit Dutch quality standards, behaviour and culture. Donuts and muffins could easily stay in the product portfolio, but they should not be characterized as breakfast or lunch products. The y shouldRead MoreInternational Standardization And Adaptation Of Shiseido s Marketing Strategy1944 Words   |  8 PagesIntroduction The aim of this essay is explain how do internal (culture) and external (Climate and Ethnic) factors influence the standardisation and adaptation of Shiseido’s marketing strategy in Chinese and U.K market. The first part is literature review on the topic of international standardization and adaptation. The second part is the main body of the essay. Then last part will give companies some marketing recommendations according to the analysis of internal and external. 1. Literature ReviewRead MoreAdaptation vs. Standardization in International Marketing – the Country-of-Origin Effect9552 Words   |  39 PagesThrassou (Cyprus) Adaptation vs. standardization in international marketing – the country-of-origin effect Abstract The literature on international marketing presents a confrontation between two mainstream schools of thought regarding international marketing. The one supports the standardization approach and argues that multinational companies’ behavior should be uniform to minimize total costs and promote a global corporate image. The other argues for the need for adaptation to fit the unique

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