How does global economic competition impact the decisions related to the strategy a firm uses to compete? Why do most economists oppose trade restrictions? Explain© BrainMass Inc. brainmass.com October 25, 2018, 4:18 am ad1c9bdddf
How does global economic competition impact the decisions related to the strategy a firm uses to compete?
Global economic competition impacts the decisions related to the strategy a firm uses to compete. The reason is that as trade barriers fall international competition increases. For instance, if foreign competitors are competing on price, this environment affects the decisions related to strategy. The firm has to base its decision on the basis of market reality. For instance, if there is a jeweler in the US and is ...
Global economic competition is discussed very comprehensively in this explanation..
What challenges does a company face when developing new products in the global economy?
As a participant in the AIBC, you will have an opportunity to become a published writer at the end of the conference. AIU hosts a marketing publication, "The Marketing Scene," which provides a platform for professionals and consumers to discuss new ways of marketing, the effectiveness of advertising trends, specific ad campaigns and the impact this information has on our society." It provides a good starting point for this assignment. Some of the stories talk about the marketing of new products or the revitalization of existing ones.
Marketers must learn to do solid research in support of upcoming projects. The Unit 1 IP is a research paper and should address the following:
1. What challenges does a company face when developing new products in the global economy? Describe selected challenges using examples of at least 3 product/service launches. Resources MUST include articles from the library's full-text databases.
2. After having discussed the challenges of new product launches, how has technology assisted in the effort? Report on at least 3 situations in which technology supports the marketing effort. Resources MUST include articles from the library's full-text databases.
3. Legal and ethical implications loom large in today's business environment. Describe selected challenges using examples of at least 3 legal/ethical faux pas in marketing that hit the media. The Marketing Scene devotes a section to Controversy in Ads, which may give you some ideas for your research. Resources MUST include articles from the library's full-text databases.
The assignment requires the use of ARTICLES from the library's full-text databases. Articles are found in periodicals. These are not to be confused with eBooks or Reference Books. The most popular databases in marketing are: ABI Inform Global, Academic Search Premier, and Business Source Premier.
Your report MUST include a reference list. All research should be cited in the body of the paper. In-text citations and corresponding references should be included in your paper. For more information on APA, please visit the APA Lab. The paper should be written in third person; this means words like "I", "we", and "you" are not appropriate. The use of direct quotes is discouraged, but may be used sparingly in appropriate situations.
Your assignment should contain a cover page, an abstract page and a reference page in addition to the body. The body of the paper should be 5-6 pages in length - starting with a brief one paragraph introduction and ending with a short conclusion. The entire submission will be 8-9 pages in length.View Full Posting Details