...Global Business Today – The Hofstede Study Eniye Olorogun Marketing 505 Dr. Harris Global Business Today – The Hofstede Study The Azure Sky Tea is an American company located in the Rocky Mountains. The herbal tea company boasts of a market share of 9 percent, but has plans to increase its market share through expansion into new markets. The company has a low-key culture and therefore must find markets suitable for this culture. The Hofstede model can help the company find suitable countries having similar dimensions as the United States (The Hofstede Centre, n.d). This is important because the company has plans to maintain its culture in the new office. The Hofstede Model gives national cultural scores for dimensions such as power distance, individualism, uncertainty avoidance, and masculinity (The Hofstede Centre, n.d). High power distance implies acceptance of power differences between members of society. Low power distance implies intolerance to uneven distribution of power and therefore there is need for sharing of power among different people (The Hofstede Centre, n.d). The power distance scores of Great Britain and Australia are 35 and 36 respectively. These scores are closest to United States score of 40. With respect to individualism, Great Britain, Australia, and United States have scores of 89, 90, and 91 respectively (The Hofstede Centre, n.d). These close scores imply Azure Company can operate without much challenges in the two countries. Therefore...
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...Talk about enterprise competence marketing way and its influencing factors Abstract: the study found that ability including the ability to transfer of marketing and sales, the ability of communication and promotion, sharing and union of three typical way;And the choice of a variety of ways is the ability to attribute and the marketing characteristics, cultural distance, relationship quality and customer value and enterprise value variables such as the result of the interaction.This recognition in theory and reveals the ways of marketing ability and choice mechanism, the ability to expand and enrich the existing marketing theory, and provides the academic development ability next marketing scale structure shape and support;At the same time the ability to formulate marketing strategy for the enterprise marketing method to provide corresponding guidance and effective selection ability. Key words: ability of marketing;Marketing way;Selection mechanism One, the introduction Existing enterprise competence theory, especially the theory of marketing ability is difficult to explain the marketing communication activities between industry enterprises in the market.Because in industrial marketing, communication between the enterprises more and more focused on the supplier's resources and capabilities, rather than the current sales of the products.For example, in the capital products trade fair, exhibitors tend to introduce to the customer from the r&d department of technical personnel...
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...Instituto Tecnológico y de Estudios Superiores de Monterrey Campus Ciudad de México MARKET PROFILE Inteligencia de Mercados II Profa. Alexandra Solano Montserrat Cepeda Arce A01214694 Ximena Salazar Olmos A01124805 Diego Montoya Lozoya A01211464 Omar Eduardo Rodríguez Jilwan A01331655 Juan de Dios Bustamante Nikoniuk A01127162 17/Octubre/2013 Análisis cuantitativo 3 Mercado global 3 Estructura 3 Tendencias 7 Intercambio 9 Áreas del mercado 10 Participación de mercado 11 Mercado destino 12 Estructura 12 Intercambio 18 Áreas de mercado 21 Participación de mercado 25 Consumo aparente 27 Análisis cualitativo 32 Características del mercado 32 Estándares de mercado 32 Producto 33 Plaza (Canales) 35 Precio 37 Promoción Anual 37 Competidores 38 Referencias 39 Análisis cuantitativo Mercado global Fracción arancelaria 04.05.10 04.05 Mantequilla (manteca) y demás materias grasas de la leche; pastas lácteas para untar. 10.00.00 -Mantequilla (manteca) Se entiende por mantequilla (manteca), la mantequilla (manteca) natural, la mantequilla (manteca) del lactosuero o la mantequilla (manteca) «recombinada» (fresca, salada o rancia, incluso en recipientes herméticamente cerrados) que provengan exclusivamente de la leche, con un contenido de materias grasas de la leche que sea superior o igual al 80% pero inferior o igual al 95% en peso, de materias sólidas de la leche, inferior o igual al 2% en peso...
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...MobileCord Business Proposal Table of Contents Executive Summary 3 Company Description 5 Financials 13 Management 15 Investment Highlights 16 Executive Summary Company Description Overview MobileCord provides enterprises with a software platform for unified mobile delivery of email, voice mail and messaging. Our software enables the enterprise to deliver an employee’s most important communication channels on any Palm, Windows CE, or RIM devices. MobileCord’s value proposition is in the increased productivity of an enterprise’s employees and the increased manageability of multiple devices and the communication channels connected to these mobile devices. MobileCord’s software platform addresses the need of enterprise employees to be in continuous contact with their communication channels, even when they are away from their desks. MobileCord’s flagship product, MobileCord 1.0 provides users with a unified view of their email, voice mail and other messaging channels on their mobile or remote device. MobileCord’s offering is most well received by an IT department which needs to support multiple devices while having the same access to email, voice mail and instant message updates. For example, the Palm, Windows CE and RIM devices require different configurations and work differently with major email packages such as Microsoft Outlook and Lotus Notes. Before MobileCord, different devices and email packages...
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...40K Globe Report In January 2016, I was selected as part of a team to travel to Bangalore, India and work on a social impact project. These projects involved us living in the village of Maralakunte, just north and on the outskirts of Bangalore. The way these impact projects are designed is that each team is given a social aspect that their project revolves around. These aspects include education, employment, food, water, agriculture, energy etc. These projects that we are given also don’t just start and finish with our team. They are a continuous process that teams must handover to another team to continue. Because of this, a 5 stage impact process was designed. This details out the stages of a projects life and the role in the project in each of those stages. Depending on where the project is in its life determines what stage a team will begin their month from. The stages of the impact process are needs analysis, deep dive (solution sets), ideate, prototype and iterate, and finally roll out. Needs analysis involves the team running surveys in their village to determine the main issues in that village that need fixing. The project then moves onto deep dive where the team focuses on the issue that is most important and relevant and brainstorms possible solution sets for this issue. Ideate then involves building new and innovating business models using these solution sets. These models must be able to function as a viable business and also solve the identified need...
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...Company, 2002-2011), the company was founded in 1972 by Al Copeland in Arabi, Louisiana, just outside of New Orleans. The company grew relatively quickly with over 500 franchise restaurants in 1985 throughout the southern Unites States. The company relocated its headquarters to Atlanta, Georgia, around the time of the 1996 Olympics and opened its first international location in Toronto Canada. It expanded and formed America’s Favorite Chicken (AFC) enterprise. The market or industry in which AFC Enterprises operates can be considered the fast food service industry. AFC Enterprises, Inc. develops, operates, and franchises quick-service restaurants under the trade name Popeyes Chicken & Biscuits and Popeyes Louisiana Kitchen. According to Ho and Cho (1995), the fast food service industry operates on a just-in-time (JIT) theory, which indicates that the food product must be fresh and available just in time of the consumer order and most often have a drive through window for even speedier service. The Popeye’s marketing strategy has focused on this handmade concept in its “bonafied” hand battered products (Newman, 2008). Popeyes distinguishes itself with a unique "New Orleans" style menu that consists mainly of a variety of mild and spicy chicken products with some seafood and sandwich products, as well as regional products. Popeye’s is continuously ranked as one of the top preferred fried chicken restaurants. Popeyes serves food the world craves and is continuing...
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...Introduction This report is the internet marketing analysis for Church’s Chicken. For over 60 years the franchise has been known for making quality chicken at a reasonable price. Church’s Chicken, which became a billion dollar business back in 2006, expected to reach another billion-dollarindustry. With over 1,500 restaurants worldwide, Church’s Chickenhas grown significantly since its opening in 1952. Church’s Chicken originally intended to be a private owned business. However eventually became a national market in 1969. “Church’s Chicken started in 1952 by George W. Church Sr., a retired incubator salesman, started his own chicken stand across the street from the Alamo in San Antonio, Texas. (franching.com)” In1955, Church added Jalapeños and French Fries to the menu in it became an instant hit. A year later, Church died, however he already established four franchises. By 1962 the franchise had doubled to eight. By 1967, Church’s Chicken had established five more franchises throughout Texas and by 1969; it reached 100 franchises in seven states. At the end of 1974, there were 487 franchises in with the total revenue of $100 million. Five years later, the franchise started to expand internationally with franchises in Puerto Rico, Indonesia, Canada, and other countries. “Now the franchise has over 1700 franchises in 22 different countries with the revenue of $1.2 Billion (franching.com)” “In 2003, AFC made a bold decision by changing their slogan...
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...Haryana E-mail: vaishaliarora1@gmail.com *Author to contact in case of any query. Social entrepreneurship Entrepreneurship is a topic of interest to academics, business people, and governments around the world. The dynamism and vitality of entrepreneurship research is reflected in the flow of new ideas and themes in the entrepreneurship literature. For many, mainstream entrepreneurship is inextricably bound with the creation of new technology firms, however, this is only part of a wide and varied terrain. The focus of this paper is social entrepreneurship - those activities associated with the perception of opportunities to create social value and the creation of social purpose organisations to pursue them. Social enterprises adopt financially sustainable strategies to pursue social aims, and address a wide range of social problems, such as unemployment, inequalities in access to health and social care services, low quality housing, high incidences of crime, deprivation and social exclusion. This paper categorises the...
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...Selecting REDB Activities and Initiatives What is Community Economic Development? Community Economic Development is a community-informed, place-based, strategicallyfocused, collaborative approach to creating new enterprises, stabilizing existing enterprises, growing existing enterprises, attracting new enterprises and / or creating the conditions where these advances can occur. Why do we focus on initiatives and activities? There is a big difference between hoping for something and making it happen. We focus on initiatives and activities because they are the ONLY means of positively impacting the regional context in which we operate. Without execution, our planning amounts to little more than wishful thinking. Initiatives and activities that are strategically-focused, properly-prioritized, well-planned, and well-executed bring strategic plans to fruition. How do we ensure that we undertake the best initiatives and activities possible? It is a difficult challenge. One size does not fit all. What works for one region will not necessarily work for another. There are desired states called ‘outcomes’ that we are trying to achieve. We undertake activities and initiatives that will produce products or services called ‘outputs’ that will contribute to achieving our desired outcomes. We control the outputs we produce but not the outcomes we hope to influence. We use opportunity management processes to ensure that the initiatives and activities we undertake are those most...
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...franchises. The franchises not only follow strict corporate guidelines, but they are also restricted in the type of information systems they acquire. This obviously alleviates many of the collaboration issues with the franchises using the same system as the corporation. One way in which Coca-Cola was able to innovate its collaboration was to create a digital asset management system, in which Coca-Cola and its bottlers could actually make use of a pit of information containing demographics, historic performances, as well as previous marketing strategies, and lessons learned. They were able to make use of this information by creating an online Content Management System which allowed them to tag and catalog what information was available, so that it was discoverable and retrievable through a standardized platform. This online Content Management System allows the company and its many bottlers to be more efficient, which increases sales and marketing. 2. How is Coca-Cola using collaboration systems to...
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...Governments and Politics Term Paper April 30, 2015 Social Enterprises in China’s Modern Society Introduction The concept of social enterprises has been in existence and well adapted around the world for several decades. However, it was not until 2004 that social enterprise theory finally made its debut introduction in China’s society (FYSE 4). Over the following years, social entrepreneurship has gradually made its presence more apparent via direct contribution to the social-economic issues that the rapid-growing country has been facing. China’s phenomenal economic growth in such a short period of time has raised great concerns over sustainability and economic disparities. While the growth of social enterprises has helped addressing these concerns substantially as reported by many conducted studies, social enterprises remain as struggling entities in China due to complicated legal frameworks. The paper will deliberately discuss this social enterprise phenomenon on past successes, current challenges, and future potentials in its supporting role to an economically sustainable growth of China. Understanding the Social Enterprise Initiative Social enterprise is still considered a relatively new concept in the modern society despite being around for around three decades. The theory of social enterprise is most well recognized and embraced by the United Kingdom and other Western nations. A social enterprise is understood to be the meeting ground for philanthropic and commercial...
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...Company Given: Bharti Airtel Major Sector: Telecom Industry Analysis: Telecom The Indian Telecommunications network is the third largest in the world and the second largest among the emerging economies of Asia. Today, it is the fastest growing market in the world. The telecommunication sector continued to register significant success during the year and has emerged as one of the key sectors responsible for India’s resurgent India’s economic growth. The mobile services were commercially launched in August 1995 in India. Driven by wireless revolution, the Indian telecommunications industry is one of the fastest growing in the world. Government policies and regulatory framework implemented by Telecom Regulatory Authority of India (TRAI) have provided a conducive environment for service providers. This has made the sector more competitive, while enhancing the accessibility of telecommunication services at affordable tariffs to the consumers. According to TRAI's report 'Telecom Sector in India: A Decadal Profile', the tele-density has increased from 4.3 in March 2002 to 78.1 in February 2012, wherein the rural areas registered an increase from 1.2 in March 2002 to 38.5 in February 2012. Also, the share of telecommunication services (excluding postal and miscellaneous services), as per cent of the total gross domestic product (GDP), has increased from 0.96 in 2000-01 to 3.78 in 2009 -10. According to the same report, international comparisons (among 222 countries) show that India has...
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...MobileCord Business Proposal Table of Contents Executive Summary 3 Company Description 5 Financials 13 Management 15 Investment Highlights 16 Executive Summary Company Description Overview MobileCord provides enterprises with a software platform for unified mobile delivery of email, voice mail and messaging. Our software enables the enterprise to deliver an employee’s most important communication channels on any Palm, Windows CE, or RIM devices. MobileCord’s value proposition is in the increased productivity of an enterprise’s employees and the increased manageability of multiple devices and the communication channels connected to these mobile devices. MobileCord’s software platform addresses the need of enterprise employees to be in continuous contact with their communication channels, even when they are away from their desks. MobileCord’s flagship product, MobileCord 1.0 provides users with a unified view of their email, voice mail and other messaging channels on their mobile or remote device. MobileCord’s offering is most well received by an IT department which needs to support multiple devices while having the same access to email, voice mail and instant message updates. For example, the Palm, Windows CE and RIM devices require different configurations and work differently with major email packages such as Microsoft Outlook and Lotus Notes. Before MobileCord, different devices and email packages...
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...Market Research for Comparative Analysis of Airtel with other telecom operators Under the Guidance: Compiled by: Nidhi Malhotra Mr. Jagnoor Singh Roll No. 15103 Marketing Head, Airtel Chandigarh nidhi.malhotra@uiams-pu.com 9815049108 jagnoor.singh@in.airtel.com Company Profile: Bharti Airtel Bharti Airtel Limited was incorporated on July 7, 1995 forpromoting investments in telecommu nications services. Its subsidiaries operate telecom services across India. Bharti Airtel is India's leading private sector provider of telecommunications services based on a strong customer base consisting of 50million total customers, which constitute, 44.6 million mobile and 5.4 million fixed line customers, as of March 31, 2007 . Airtel comes to us from Bharti Airtel Limited - a part of the biggest private integrated telecom conglomerate, BhartiEnterprises. Bharti provides a range of telecom services, which include Cellular, Basic, Internet and recently introduced National Long Distance. Bharti also manufactures and exports telephone terminal and cordless phones. Apart from being the largest manufacturer of telephone instruments in India, it is also the first company to export its products to the USA. Bharti has also put its footsteps into Insurance and Retail segment in collaboration with Multi National giants. Bharti is the leading cellular service...
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...‘Co-creating social Enterprises’. From being a management consulting firm focusing specifically on strategic sourcing (what can you do yourself (Make), what can you outsource (Buy) and can you do in partnerships (Ally)), Kirkman shifts towards an orientation of helping clients become more social and inclusive. With this new vision and strategy Kirkman seeks to support its clients in realizing sustainable results. Results that simultaneous enhance societal value and profitability. Where does Kirkman Company come from In the past 10 years Kirkman Company developed to become market leader in the field of Strategic Sourcing. As an independent management consultancy firm Kirkman Company supports organizations to improve their results by finding the right balance between carrying out business operations themselves, outsourcing those operations or enabling more effective delivery through different types of partnerships (Make, Buy or Ally). Kirkman is a young and dynamic firm. Its 55 consultants are all bright, resourceful, a bit stubborn and against the odds. Important values are “leave you ego at the door, no guts no glory, and accelerating developments”. The company’s clients include businesses in the trade and industry sectors, governmental and not-for-profit institutions and financial services firms. Many sourcing issues relate to organizations as a whole, others concern specific business functions, such as HR, Operations, IT, Legal&Finance, Communication, Marketing&Sales, Procurement...
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