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M.N. Elahee. . . Chapter Learning Objectives. 1. The Distinction between Domestic and Global Marketing. 2. The scope of the Global marketing task. 3. US and the World - The increasing importance of global awareness. 4. The progression of becoming a global marketer. 5. Major Concerns of International Marketers.
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1. M.N. Elahee IB 311: International Marketing Fall 2007
Chapter 1:
The Concept of Global Marketing
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9. M.N. Elahee Top US Players in Intl. Arena ExxonMobil
IBM
General Electric
Boeing
Dell
Microsoft
Citigroup
Goldman & Sachs
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12. M.N. Elahee 1. Tolerant of Cultural Differences, and
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14. M.N. Elahee Domestic Marketing
Extension
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17. M.N. Elahee Marketing Managers Concerns Developing new products
Developing relationships with customers, suppliers, and distributors.
Meeting the challenges posed by global competitors
Growing price competition
Grater regional integration and government regulations
Developing a marketing culture
18. M.N. Elahee Major Exports % of total
Capital goods 45.8
Industrial supplies 30.5
Consumer goods 14.3
Automotive Vehicles
And Parts & Supplies 11.8
19. M.N. Elahee Major Imports % of total
Industrial supplies 36.5
Consumer goods 26.1
Capital Goods 25
Automotive Vehicles
and Parts & Supplies 15.4
20. M.N. Elahee US Trade Balance The US trade balance has been worsening over the years. In 2006, the merchandise trade deficit for the US was over $829 billion dollars.
21. M.N. Elahee Major Markets for the US Canada
Mexico
Japan
China
UK
22. M.N. Elahee Leading Suppliers Canada
China
Mexico
Japan
Germany
23. M.N. Elahee Any Question ???