Globlization and Marketing

Globalization of marketing is an interesting phenomenon the world has been going through this process of change towards increasing economic, financial, social, cultural, political, market, and environmental interdependence among nations. Globalization brings about a borderless world. Globalization drives people to change their ways of living, change their ways of conducting business. Global market is one of the most attractive developments for all centuries.
Its impact on economic transactions, processes, institutions, and players is dramatic and wide ranging. It establishes behaviour and requires different mindsets. Globalization of markets involves the growing interdependency among multinational nature of sourcing, manufacturing, trading, and investment activities; increasing frequency of cross-border transactions and financing; and heightened intensity of competition among a larger number of players.
Development of new technologies and the new products also contributes to the globalization of markets. Globalization of markets is best reflected in the “internationalization” of Business transactions. Five dimension of the globalization of markets. First is the nature of manufacturing and sourcing activities, business activity flows freely to places best equipped to perform it most economically and efficiently. This is especially apparent in the case of the service industry.

Second competition for customers and markets has intensified significantly as a result of globalization. Whereas only a handful of multinational companies dominated international trade a couple of decades ago, today companies from all parts of the world are participating in worldwide business. Companies from practically every nation are racing for positions in various industries. Third the much of international business activity was in the form of export-import and foreign direct investment.
Today, transactions are varied and more complex: contract manufacturing, franchise operations, countertrade, turnkey construction, technology transfers, international strategic alliances, and more. Fourth technology spreads freely and rapidly between markets and players. Technological leadership does not provide advantage for very long. Companies must capitalize on their discoveries quickly, before others match them. Fifth taking financing activity has become worldwide as well. Businesses finance their growth and expansion through international capital markets.
As uch, they are able to take advantage of varying interest rates and currency markets by tapping a wide variety of funding sources. Globalization and marketing cooperation Among the various types of cooperative arrangements mentioned, co-marketing alliances are the focus of this dissertation since they are considered a specific type of strategic alliances whose scope is limited to marketing activities. They involve the coordination of one or more aspects of marketing ranging from research and development to production which is central to most types of strategic alliances.
Coordinating marketing activities to achieve superior marketing performance in terms of sales, market share and profitability is the fundamental task of most interfere cooperation. Moreover, co-marketing alliances are quite common in many industries in which huge investments attain. As a result, there has been an increasing trend towards more marketing cooperation among competitors in this global marketing. The most fundamental lesson from the globalization of markets is that the education and skills of the work force and managers will end up being the dominant competitive.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Use the discount code "30OFFNOW" today and get a 30% offOrder Now