Answered You can buy a ready-made answer or pick a professional tutor to order an original one.

QUESTION

Prepare an international marketing strategy for the future three years of the brand; product and brand of your choice. The final strategic plan will include the following:Select one new country market

Prepare an international marketing strategy for the future three years of the brand; product and brand of your choice. The final strategic plan will include the following:

  1. Select one new country market for future market development.
  2. Select one existing country for further market penetration.
  3. Select one existing country for future divestment (exit).
  4. Your selection criteria (Review Chapters 6, 12).
  5. Must include and explain three (3) multi-attribute evaluation tables that include twice the number of countries as candidates) (Review Chapter 11).
  6. Assess cultural proximity and political, legal, and regulatory risks (Review chapters 4, 5).
  7. For the new country to enter, choose the most appropriate market-entry strategy. Explain your reasoning (Review chapters 7, 8).
  8. Choose the most appropriate of the four global product-planning strategic alternatives. Explain your choice (Review chapter 9).
  9. Based on the above and your brand’s environmental sensitivity, propose the degree of standardization for each of the following global strategy elements, explaining any specific local adaptations: Include graphical elements when necessary to convey information, such as tables, graphs, and charts.
    1. Positioning (Ch. 9)
    2. Brand Name (Ch. 9)
    3. Packaging/Product Design and Features (Ch. 9)
    4. Advertising Strategy (Ch. 10).
  10. This writing assignment should be completed in the standard APA format and a minimum of 6 pages, not including cover sheet, abstract, table of contents, reference list, and appendices. Upload the assignment to the proper assignment folder.
Show more
Geffmurimi
Geffmurimi
  • @
  • 1030 orders completed
ANSWER

Tutor has posted answer for $35.00. See answer's preview

$35.00

********** International ********* StrategyNameInstitutionTable ** **************** 3Starbucks: ************* ********* ******** 4Introduction 4Attributes ****** ********* ********* ********** ***** *** ********** ***** ************* ******** ******* ******* ******** ********* Alternatives ******* ******** ******** ************ ******************* ** ************ top ********* ** *** **** even though it *** the ****** for ********* ****** ** ****** ******** ****** ** Iceland ***** *** * ********** **** ********** that *** * ******* ** ********* ****** ********* ****** look to **** its ******** ** ****** which ** a **** ********** **** **** ******** *** ******* should ******* leave Japan which *** * ********* ****** **** declining economic ****** ****** ***** ********** the ******* ** *** business For the case ** Starbucks *** *********** ******** **** ** ******** ** ** diversifies *** ***** ******* ****** ******** ******* ****** planning ********** will ***** ** ******* *********** **** * new *********** It *** ******* an ********** of *** ********** **** **** ** **** to ****** *** ******* for *** ******* ****** Besides utilization of *** ****** ******** ******** due ** ************* *********** **** **** room ** ****** ********** *** ******** ** case ** ******** **************** ************* ********* ***************************** is ***** *** *** signature premium ****** *** has a ******** ** **** of *** ********* ********* in the ***** ******* ***** a ********* *** ** ********* *** *** the ******* ** *** ** *** ******* **** ********** ** *** ***** Starbucks ****** ******** ****** ** ******* ** ******* *** **** ****** ********* should **** ****** its ********** ** ****** ***** *** a ***** ****** **** is ****** dominated ** the like ** *** Horton ****** ** a ***** ******* **** very **** ****** *** ********** ******** *** company ****** however **** *** of ***** ***** shows ********* ****** ** ****** ***** ***** ******** ****** *** that implies **** the ******* **** have a ***** **** ******* and *********** *** ******* ******** ** *** ****** futureAttributes TablesMarket *** ****** *********************** **** ********** Rate RankTotalJapan617Czech ******************************************************** ****** **** rank ** *** ***** ***** *** country with *** ******* population *** ********** ** **** *** ******* **** *** highest population ******** *** highest ****** opportunity *** *** ******* *** growth rate ** *** ***** hand ***** the potential *** *** ******* ** **** ** terms ** ******* ** the ******* grows *** economy **** people **** have a ****** ********** ****** ** ***** ** the ******* ** *** ***** companies ****** *** *** ******* ****** **** *** ****** opportunity *** ********* (World Population ****** ***** ***** *** the highest ****** **** *** a slow ****** **** ****** it has ** ******* score ** *** ***** ******* ******* *** *** ****** ***** ** the ***** ****** *** ** *** ***** ********** **** ** in hundreds of thousandsSafety *** ********** ************************************************** ******************************************************** reputation ******* ***** ** the *** ****** *** ********* **** *** country is ****** ** ******* * ****** ******** environment Reputation ranks **** at ******** policies that ******* *** ************** ** businesses ********* **** * bad ********** have * low ***** ** *** ******* ***** ***** **** a high ranking **** a **** ***** The ****** rank **** ***** look * *** ********* that provide * ****** business environment Safe countries *** ********** ** ********* ********** in * ******* *********** ****** looks ** *** ******** ******** I **** of ****** *** ******* the ******** *** ***** ****** ** ******** includes political security ***** businesses are safe from ******* ********* ******** ********* to the ********** ***** ***** *** ****** **** highest ** ***** ** ****** and ********** ******** ******* *** the least score in ****** *** security ******** ** *** ******** *** ********** **************************** RankingsTotalJapan224Czech ******************************************************** *** rankings **** *** ***** ****** *** ****** ** *** ******* *** GDP *** market penetration ******** ***** *** ******** richness of *** ***** ******** *** **** will help ********* ********* *** **** ** ******* **** ** **** country Countries **** **** *** have citizens **** can afford *** ******* coffee ***** at the ******* Prosperity ******** ******* *** **** *** *** richness ** the ******* ********* ***** ********** ** ********* ****** *** ****** ********** ****** ******** *** ******* **** **** **** the optimal *********** for *** ******* ***** it touches on *** ****** ** **** ** *** ****** The ***** ***** **** ******* ** *** ** the *** ********* ** terms of *** and prosperity ******** ** ****** *** ************* *************** *** *** ******** proximity ***** to *** ******* population People from a ********* ******* will **** different ********* *********** ** ********* ***** *** ****** in Japan **** high cultural ********* that *** ** ******** ********* The company ** *************** ******** but ** still largely ********** by the ******** culture ***** *** * ********** *** tea and * lesser ****** *** ****** ******* *** a ****** ********* ******* owes ** *** ***** populationPolitical ***** and ********** ******** ***** ********* have **** ****** ********* ***** *** ********** ***** ********** economy ** *** ********** ** ********* changes *** *** ***** *********** encourages ******** ****** ********* will however face regulatory ***** ** *** country ***** ** protect its ***** Tim Horton ***** ******* ******* competition ******* has * stable political ****** *** ********* ***** *********** ******* **** ****** ***** consider regulations **** ***** the ***** ** Starbucks to ******* *** ***** ****** ***** *** * *** ** political *** ***** environments **** are dissimilar to those ** ******* ********* Their regulations **** mainly ****** ** *** ******** ************* **** ******* ********* *** ***** ****** ** ******** different **** **** ** western ********************* *********** ***** into * *** ****** *** * ***** ****** ** the ******* ** an organization For the **** ** ********* **** ***** to ********* ******* it **** ****** *** ********* approaches ** *** ** *** ** ****** ** overall ************ *** ******** **** in *** new ****** ** vital ** ensure **** ******** *** ****** are realized ********* **** **** ** ******** to have an ********** *** ******* **** **** ******* that the ******** ******* ****** *** *********** ** *** business ****** entry ********** must ******* ********* ********* **** ** ******** ** ******* market ******** *************** ***** **** 2018) Assessing the current market ********* ** well ** *** ****** ** the ****** by *** ************ will ****** * ******* entry **** the ******* countryAn extensive market ******** ***** make the right ****** ** *** ******* Several marketing entry ********** **** as *** *********** *********** direct ****** ********* ** well ** ********* *** *** **** ** ********* franchise ***** ***** be the best ******** ** enter **** ******* *** ********* ******** ** ******* **** ******* the creation of ********** ***** the ********* ******* encompasses a restaurant ***** will be *** ******* ** ******* up *********** Most successful ********* ***** *** ****** ***** a ********* **** a ********* into the market ** ******** such as ******* it **** open **** room *** establishment and growth ***** ********* ****** *********** in the ************* ** **** ** ***** *** Starbucks ** ******* **** ******** ** *** *** ****** ******* ***** *** ******* ** the ***** will be under *** franchisor *** **** create **** for ************* ******* *** ****** *** ************* ******** *************** ***** Paul 2018) Therefore **** * ****** ***** it **** ** ******** ** ***** the *** ****** with a ********* ** ** ****** ********************* Product ******** ********* AlternativesThe global product ******** ********* ************ **** focus on product improvement *** ********* into * *** market *** *** case ** ********* * ***** ******** **** **** ** established ******* ************* **** ****** *** ***** ** *** ******* will ** *********** ************* ** the ******* **** *** ****** ****** place **** of *** ****** ******** ********** **** *********** a ******* ** *** market is *** ********** market regulations ** **** ** *** ********* mechanisms Some of *** areas ** *** global ******** ******* **** ***** ** *** adaptation ********* ********* *** ******* considerations *** ********* alternatives **** focus on ********* *** ******* ****** ************* ** **** ** ******** ********** ** the ****** ***** ****** ****** ******* planning *** extension ** ********** Expansion occurs when the ******* ** ********* into the ****** ***** ******* *** changes **** can ****** ********** Global product ******** through *** strategic ********* ******** **** ****** **** ******** become known in *** global ***** (Lasserre 2017) **** ************* **** to **** ***** ******** to ** available ** *** global ****** ******* ****** *** ***** ********* or *********** strategiesProduct ********** ** ******* ********* alternative that ** ****** used ** ensure **** the product ******* ****** *********** For *** **** ** Starbucks ********** and *********** ********** ********** will ensure that *** ******* ** ********* ** the ***** ***** ********** ** ******** ******** ********* Alteration ** *** ******* can be *** as **** ** the ******** process ** ****** **** **** **** *** ******** global ********* ********* in which ********* ** ******** ** * ******* promotional ******** *** ** ******** ** ensure **** **** fit *** ********* of Iceland *** ********* ******** can ******* *** *********** ******* ** ****** that popular products become recognized ** *** ****** ****** ******* ************* *** also ** **** as part ** *** global ******** ******* When considerations **** the ******** ********** *** made ** ******* **** ** ********** *** type ** ******* that *** ** introduced into *** ****** ********* 2017) ** may ******* ******** of *** ****** ** *** different ********* ** ***** to ****** **** *** prices *** conducive to *** clientsGlobal ******** elementsIceland is * *********** ****** **** ** environmentally sensitive The product ** ***** **** ****** **** ** ***** *** ********* ******** ******** *** ** ************* *********** *** ****** ** *************** will **** ** *** different ******** ******** Some ** *** elements **** ****** *** ****** market *** *** ******** *** social ******** political *** ********** measures ******** trends ** well as ********** *** ******** *** ****** ***** influence ****** ********* ********** Customer *********** **** reflect the ********* and ******* types (Gong ***** ******* *** ********* and ********** issues ** the ********* can be based on *** ***** ******** ** ensuring that *** product ***** the ****** ********* irrespective of *** ******* competitorsThe other ****** ******** that ********** *** ****** ** competition ** ******* will be *** economic ********** ** *** **** *** prevailing ******** conditions ********* the ********* *********** The ******** **** Starbucks **** ***** should **** **** ***** ** ****** ** the ****** *********** ****** any ******** ****** It ***** well **** assessing *** *********** ** *** ******** ** the ********* customers ** well as *** ****** ******* ** *** consumers ***** ***** *** ****** ********* *********** can **** assess the ************* technology ** ****** **** ** remains *********** ** ********* ** the ************* innovations that *** utilized ** competitorsReferencesGong * ****** ****** ********** strategy **************** P ****** ****** ********* ********** ********* International ****** *********************** * ***** **** * ****** * *** ********** ***** *** ************* franchising International Journal ** *********** ********** ** ************ ********** ****** ****** World ****** ********* **** ********* ***** ************************************************************************

Click here to download attached files: Starbucks.docx
or Buy custom answer
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question