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International Marketing
Czinkota urges those he consults for as well as the readers to cultivate awareness about themselves and about their assumptions. Czinkota communicates the reward and the utility of considering ideas outside the realm of established assumptions. A basic assumption that Czinkota asks us to consider is the international marketing industry has not changed or is not changing as rapidly as other industries. His first main argument of the article is that the international marketing industry has made many shifts during the 21st century. He also presents the connections between domestic economic activity and international marketing. Increased awareness is helpful and relevant in any industry. Professionals of any industry should be aware of their assumptions and seek ways to strategize outside of them. His point about the connection between economics and marketing is very interesting. His statement is intuitive and simple, yet innovative. Any economic activity has affects that ripple across many industries including marketing. Marketing relates to retail and when there is minimal or negative economic activity slows material consumption, making marketing moot.
Czinkota continues by providing evidence of how there is a great...
This statement proves true in American life. People from around the world are invited to come to America or legally reside in the country, but in exchange, they must greatly conform to American values and culture to be even minimally accepted. Americans come from many places and have many cultures, but they are all American. In America, the national language is English, despite the dramatic increase of Spanish and Chinese speaking people in the states. In the professional realm, many professionals from other countries are multilingual. They will have a mastery of their native language, at least a business level mastery in English, and often, non-American business professionals will also have knowledge of a third language, as many other countries around the world have multiple national languages.
The lag in linguistic diversity and language acquisition put American professionals at a severe disadvantage in the 21st century global economy. Americans have to realize that there are more non-English speaking people in the world than English speakers. There needs to be greater effort as a country and a culture to become more…
References:
Czinkota, M.R. (2011) Why International Marketing? Five Core Benefits Explain Rationale. Marketing Management, 14 -- 15, Retrieved from http://michaelczinkota.com/wp-content/uploads/2011/07/MM-Summer-2011_MICHAEL-R.-CZINKOTA.pdf. 2012 March 25.
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International Marketing of the Winter Olympics Properly planned and executed, hosts of the Winter Olympic Games stand to gain a great deal in terms of investments in infrastructure, the multiplier effect of travel and tourism, and the enhanced prestige on the global stage that goes hand in hand with hosting these international games. Improperly administered, though, hosts and corporate sponsors of the Winter Olympic Games are faced with some staggering economic
International Marketing In many ways, domestic marketing and international marketing are similar. They are based on the same fundamental principles of using price, product, place and promotion to craft appeals to customers that will enhance sales. There are certain facets of international marketing, however, that are slightly different. Marketers need to be aware of what these similarities and differences are. In terms of similarities, the fundamental things that a company must pay
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