International Marketing Concepts and Strategies
1. The Development of Global Markets
1.1 Contributing Factors
Two major events/trends have contributed to the development of global markets and internationalization:
- Fall of the USSR: The dissolution of the Soviet Union opened up new markets and opportunities for international trade.
2. Obstacles to Success in International Marketing
A person’s self-reference criterion and ethnocentrism are the primary obstacles to success in international marketing. These biases can lead to misinterpretations of cultural
Read MoreProject Management: A Comprehensive Guide to Planning and Execution
Project Scheduling Activities
- Creating a work breakdown structure: Break down the project into
Project Management: A Comprehensive Guide to Planning and Execution
Project Scheduling Activities
- Creating a work breakdown structure: Break down the project into
New Product Development Process and Strategies
Introduction
The design of new products is crucial to the survival of most companies. In rapidly changing industries, the introduction of new products is a way of life. Product design is rarely the sole responsibility of operations; however, it is highly affected by the introduction of new products and vice versa. Operations is the “receiver” of new product introductions. Decisions about the product affect each area of operational decision-making. The product is the result of the development of corporate
Read MoreTheories of Accident Causation and Prevention in the Workplace
Theories of Accident Causation
Accident causation refers to the factors that are the primary reasons behind an accident. For occupational health and safety professionals, determining causation factors in any workplace injury or accident is key. Understanding what caused an unsafe situation to occur is important in implementing measures to help prevent a reoccurrence.
There are several major theories concerning accident causation:
- The Domino Theory (developed by H.W. Heinrich)
- Human Factors Theory
- Accident/
Mastering Sales Techniques: A Comprehensive Guide
Elements of Communication
Receiver (client) * Sender (seller) * Environment
The environment is often neglected by vendors who are the last point of contact with the customer. It is these vendors who have the opportunity to capture the customer’s attention and make the sale.
Approach of Conquest
Some companies and vendors base their bargaining strength on the weaknesses of the client. These firms (sellers) believe that their product/service is uniquely useful to the customer.
Bargaining Approach
In this
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