Case Study 1 English for Business 1.

Slides:



Advertisements
Similar presentations
PRESENTATION VISUAL-STRAT BUSINESS GAME. Entering the Global Market A unique product manufactured in Europe... The Motorcycle!!
Advertisements

1.Determine pricing objectives 2.Study costs 3.Estimate consumer demand 4.Study the competitions prices 5.Decide on a pricing strategy 6.Set price.
LINGVA BUSINESS PROJECTS VALJEVO BRANDS: VARA Marketing Brief by BOJANA LAZAREVIC.
Analysis Of The Car Industry. PEST Analysis POLITICAL –Legislation Environment Company Cars Competition –Taxes and Duty –Subsidies.
The Strategy of International Business
How should a company handle channel conflict with its distributors? Should online sales be an independent unit in a click- and-mortar firm? Will P2P lending.
Disney 2007 SWOT. Copyright 2005 Prentice Hall Ch 3 -2 SWOT (2007) Strengths: 1.Strong brand recognition, recall, and equity 2.Good cash reserves ($3,670,000,000)
What is Marketing? All the activities involved in getting goods and services from the business that produces them to the consumers who wish to purchase.
DATA DISCLOSURES Chapter 5. CHAPTER 5 OBJECTIVES Understand why the overall economic and industry conditions matter to financial statement analysis. Understand.
Best Buy Co., Inc. Lynae Rambousek Shu Fang (Jenny) Abdullahi Ainab Gunbilegt Byambadorj.
What is an Economy? Free Enterprise System Standard 1 Objective 2.
Saks Fifth Avenue. com By: Marie Grove and Pei Zhang 1.
© 2012 South-Western, a part of Cengage Learning Strategy in the Global Environment Chapter 6 Essentials of Strategic Management, 3/e Charles W.L. Hill.
The Strategy of International Business
The Main Idea To sell. The Main Idea To sell The Basics of Marketing To market a product successfully,
Honda product growth Honda song.
The Four P’s and Two C’s of Marketing
Nike and Adidas.  Nike and Adidas have a good brand image in India.  known for quality and up to date technology in footwear.
Adidas VS Nike.
Product Life Cycle Sports and Entertainment Marketing.
PRODUCT LIFE CYCLE.  The Product Life Cycle (PLC)  The Product Life Cycle (PLC) is based upon the biological life cycle. For example, a seed is planted.
The Marketing Mix Most famous phrase in marketing Also known as the __________ The marketing mix elements are _____ _____, _______, and ________. _____,_______,________.
New Product Strategy Why do new products fail? Inability of the company to match up its offerings to the needs of the customers
Elena Horská, Slovak University of Agriculture in Nitra The Scope and Challenges of International Marketing.
VERTU phone Nokia – aiming at a particular segment of the market, phones range from £2,000 to £150,000. very high profit margin Hand built phones, adding.
Business Technology Mr. Bernstein DECA, pp 16-20: Determine What To Buy (…or What To Offer!) September 19, 2013.
2-1 Environmental Analysis  Managers must understand how the environment affects their organization  It is difficult to predict how certain events will.
Stock Market Game (Your Name Here). Name of Company Last Trade 52-Week Range What was the stock price 5 years ago? # of Employees Sector/Industry Analyst.
1 Essential Question: Identify the two types of highly competitive markets, describe the four conditions required for Perfect competition and explain why.
A Decade of Organisational Change
P RICE Topic 3.1. T HE MARKETING MIX : PRICE Market price – where demand meets supply Increases when demand increases Increases when supply falls Only.
Low sales High cost per customer Negative or low Create product awareness & trial Offer a basic product Usually is high; use cost-plus formula High distribution.
[ ] Telespazio ORB DECT Monitoring solutions in the Utilities Market Mr. Guglielmo Mazzacano Telespazio MCS Europe Solution Seminar January 29-31, 2001.
Template provided by MarketeersClub.com File Name MP_Competitive Summarys_0409 Competitive Summary – Competitors & Their Core Competency QualityServiceBenchmark.
PRODUCT Product is anything that satisfies human wants.
Marketing September 16, Notes - Marketing Mix Marketing Mix Activity.
MARKETING MIX. What is Marketing Mix? The marketing mix is the combination of marketing activities that an organisation engages in so as to best meet.
41. (p. 379) Mcdonald's core competencies are 
Perfect Competition. A Perfectly Competitive Market A perfectly competitive market is one in which economic forces operate unimpeded.
Marketing: Price L.O: I can explain different pricing methods that may be adopted by different businesses. Keywords: Price: the amount paid by the customer.
Developing Pricing Strategies 4 of 5. When should a company initiate a price change?
Price. The marketing mix Price is just one part of the marketing mix, which is also known as the 4Ps: Product Price Place Promotion.
Professional English In Use Marketing WEEK 3 SECTIONS 13 AND 16, PAGES 32-33, *ANSWERS ARE ALSO AT THE BACK OF THE BOOK.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network.
Intensive Strategies and Diversification Strategies Mei Duan Jennifer.
Chapter 30 product planning Section 30.1 Product Development
Product Life Cycle.
THE PRODUCT LIFE CYCLE.
Price.
Disney 2007 SWOT.
Business Plan Competition
UNIT-IV - PRODUCT PRICING Objectives of Pricing
RICHARD SANZ CEO of Food Asia Corporation. RICHARD SANZ CEO of Food Asia Corporation.
THE STRATEGY OF INTERNATIONAL BUSINESS
Environmental and Industry Analysis
Environmental and Industry Analysis
MARKETING MIX 1. PRODUCT PRODUCT LIFE CYCLE.
Factors Influencing Price
Competition Unit 1 Topic
Ch. 13 Marketing in Today’s World
4.05 Position venture/product to acquire desired business image.
The Market Value Map Target Market Market Offering Customers Product
Best Social Media Marketing Company
Market Structures: Different Types of Competition
Marketing Your Product/Service
Week 8 Competition and your customer survey
Factors Influencing Price
Price The main pricing strategies are Competitive pricing
Team Names: Coke: Pepsi:
Competitive Price Lines as of _______________________________
Presentation transcript:

Case Study 1 English for Business 1

Complete Entered Europe a year ago Company Brand Name Market Share Competitors Recent Developments Hudson Corporation Well-known, associated with high quality, traditional design and craftsmanship Declining in the USA because of increased competition from Asia. Asian competitors offer similar products at lower prices Entered Europe a year ago

Probable Problems The company doesn’t know the European market as well as the US one Its products may not match European tastes It may face new and different competitors It may experience distribution problems

Diana Ruth Tom Cornelius