Assume that you are the communications manager for a company that is seeking to begin a communications effort targeting buyers in a foreign market. Which of the steps in the international communications process will probably present you with the greatest challenge? Explain.
1. The step with greatest challenge is "Encoding". It is essential for the organisation to know about the fine aspects of culture of the country and to design the communication by putting the right thoughts into it, in right manner and with right symbolic representations, so as to be perceived in favourable way by the receiver.
This step is the most challeging because the organisation, before encoding, needs to know the people's lives, their cultural heritage, their aspirations in life, the way they interact among themselves, the local customs, norms of acceptable and unacceptable behaviour, family and society, and how they influence an individual's life, and the place of the proposed product / service, and the difference it can make to their lives.
By knowing these fine aspects, a marketing communicator would be able to think from the perspective of the recipient, and be able to design what would appeal the target audience in the most effective manner and fulfil the objectives of communication.
Assume that you are the communications manager for a company that is seeking to begin a...
Netscrape Communications does not currently pay a dividend. You expect the company to begin paying a dividend of $3.40 per share in 10 years, and you expect dividends to grow perpetually at 4.4 percent per year thereafter. If the discount rate is 11 percent, how much is the stock currently worth?
Netscrape Communications does not currently pay a dividend. You expect the company to begin paying a dividend of $2.20 per share in 8 years, and you expect dividends to grow perpetually at 3.2 percent per year thereafter. If the discount rate is 14 percent, how much is the stock currently worth? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price
Intro to Marketing Integrated Marketing Communications Background: Imagine you are a brand manager developing a communications mix for your brand. Frequently, marketing communications considerations include things like: 1. Which advertising/promotional vehicles to spend your budget on? 2. At what point in their decision making process do you want to reach the consumer? 3. What is your key demographic and what is the best way to reach that market segment? 4. Do you want to purchase mass reach vehicles or targeted...
You are a manager for a solar panel company and you have to choose one of your sellers for a promotion to a managerial position. Your company's board is suggesting that the employee with the highest average monthly sales in the upcoming 3 months should be promoted. What of the following is a valid concern in connection to this choice of promotion scheme? This promotion scheme is based on a quality standard which depends on current business/market conditions (i.e. uncontrollable...
Netscrape Communications does not currently pay a dividend. You expect the company to begin paying a dividend of $3.00 per share in 12 years, and you expect dividends to grow perpetually at 4 percent per year thereafter. If the discount rate is 12 percent, how much is the stock currently worth? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Which information security certifications appeal to you? From either the perspective of a manager seeking a new hire or an employee seeking career advancement, compose a detailed post to explain your choice(s). Share your interests and goals. Some additional research may be required. Consider using Internet resources to find salary information, firsthand information from certification blogs, and other real-world advice.
2. You are the marketing manager of a company that makes men’s suits. Many companies produce similar products and they are selling wholesale for $180 to $250 per unit. In the process of surveying the market for men’s suits, you came to know that many consumers are willing to pay much more for suits with designer label and you have been exploring the possibility of adding designer suits into the production line of the company. You submitted a proposal for...
Imagine that you are the head of a profitable Silicon Valley software company seeking to expand into the Chinese market by acquiring an existing Chinese firm. Your company culture is highly decentralised and unbureaucratic. Performance incentives include extra vacation time. You anticipate that transmitting your company culture to your Chinese subsidiary will be difficult. What strategies might you use to make the process less painful and costly?
You are the pension fund manager for a consulting company. Your workers will begin to retire 10 years from now. You estimate that you will need $1.2 million exactly 10 years from now to fund the first year payments. Due to inflation and growth in the number of retirees, your annual obligations will grow by 5% per year, and will continue forever. Your financial advisors tell you that you can plan on earning 8.0% per year on invested funds. (a)...
In both cases, assume that you are running a foreign company. (1) What is the disadvantage of using macro-economic factors to screen market for portfolio component selection? (2) If ASEAN 10 countries could be treated as a cluster, how would you do cluster analysis for country selection? (3) how does political risk affect operation of an international company?