Global Marketing in Firm Dr. Ananda Sabil Hussein Dr. Ananda Sabil Hussein International Program – 4th Floor E building [email protected] @misterhussein 081234768883 http://Sabilfeb.lecture.ub.ac.id Globalization vs Internationalization Globalization – reflects the trend of firms buying, developing producing and selling products and services in most countries and region of the world Internationalization – doing business in many countries of the worl but often limited to a certain region Developing global marketing plan LSEs vs SMEs strategy = StrategicRealized Formation intended + unintended strategy Learn from Lego Stay or Go ERPG framework Ethnocentric Regiocentric Polycentric Geocentric GLOCAL Global + Local = GLOCAL Global Integration and Market McDonald’s Glocal strategy Responsiveness Forces for Global Integration Removal of trade barriers Global account customers Relationship Management Standardized wordwide technology Worldwide market Global village Forces for market responsiveness Cultural differences Regionalism Deglobalization : McDonadization and Coca-Colonization International Competitive Advantage Pocoyo – upstream and downstream cooperation Information Business and Virtual Value Chain The use of information in creating value Managing risks Reducing cost Offering products and services Inventing new products Q&A
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