Describesomeoftheglobalmarketingstrategiesavailabletocompanies
Giveexamplesofcompaniesthatusethedifferentstrategies
(1)Globalmarketingstrategies:1
globalmarketparticipationistheextenttowhichacompanyhasoperationsinmajorworldmarkets;2
standardizationversusadaptationistheextenttowhicheachmarketingmixelementcanbestandardizedoradaptedinvariouscountrymarkets;3
concentrationofmarketingactivitiesistheextenttowhichactivitiesrelatedtomarketingmixareperformedinoneorafewcountrylocations;4
coordinationofmarketingactivitiesistheextenttowhichactivitiesrelatedtomarketingmixareperformedinterdependentlyaroundtheglobe;5
integrationofcompetitivemovesistheextenttowhichafirm’scompetitivemarketingtacticsindifferentpartsofworldareinterdependent
Examples:1
Cokeisthebest-known,strongestbrand,astheCoca-ColaComp