MKT7005 Strategic Global Marketing Individual Report, Cardiff Metropolitan University

Published: 07 Dec, 2024
Category Report Subject Marketing
University Cardiff Metropolitian University Module Title MKT7005 Strategic Global Marketing Individual Report

Task

This individual assignment builds upon your Group Research presentation (PRES 1).  A Chinese retail firm that produces and sells toys wanting to expand their sales abroad. Choose an appropriate market. In doing so, they have asked you to write a document which discusses the following:

  • A summary of the main Macro-environmental factors impacting in the target market (15%)
  • A critical evaluation of the main issues and concepts of the target country’s national culture that the company need to consider when entering the market (25%).
  • Your recommendations regarding the most appropriate market entry method(s) and why? (10%)
  • The most suitable competitive strategy that the company needs to follow, evaluating the opportunities and dangers that the company may face (20%)
  • Market offering to your identified target segment (20%)
  • Structure, coherence and presentation of work (10%)

Learning outcomes

  • Identify and critically evaluate the relevant operational techniques and strategies for the different modes of entry into foreign markets.
  • Critically assess the key identification and selection factors that affect organisations and their international marketing strategy.
  • Assess the significance of cultural issues on international marketing and to critically evaluate the appropriate strategies to gain maximum competitive advantage.
  • Evaluate the financial implications of different international marketing strategies and to be able to solve specific pricing and costing problems.
  • Critically assess innovative and effective marketing mix used to reinforce an organisation's position in an international market.  

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