For this assessment you are to choose one side of an argument and then present facts to back up your chosen position.
A. Marketing of new products by global companies is beneficial to the culture of the individuals in the host country.
OR
B. Marketing of new products by global companies is detrimental to the culture of the individuals in the host country.
In order to complete this assessment:
1. Choose a global brand, introduce the brand, define what is a global brand, and then justify why the brand you have chosen is a global brand.
Below are just some of the many global companies you might consider investigation for this assessment.
Fast foods: KFC, McDonalds, Starbucks
Motor Vehicles: Toyota, Mercedes Benz, BMW
Women's cosmetics: Lancome, Shishedo, L'Oreal
Men's grooming: Gillette, Colgate, Polo by Ralph Lauren
Men's clothing: Hugo Boss, Armani, Calvin Klein
Women's clothing: Versace, Coco Chanel, Stella McCartney
Laundry Products: Proctor & Gamble, Lever & Kitchen, Unilever
Technology: Samsung, Apple, Microsoft, IBM, Google
Soft Drinks: Coca-Cola, Pepsi, Sprite, Red Bull
Fashion accessories: Louis Vuitton, Gucci, Cartier
For more ideas: Global Brands and Top 100 brands
2. Choose a host country, preferably one with which you are very familiar. Describe in detail the host country culture prior to the introduction of the product.
3. Critically examine the changes that the introduction of the global product has had on the host culture and the individuals within the host country.
4. Provide 4 specific examples of how the product has been marketed in the host country using examples from the internet and explain how this meets the needs of the target market.
5. To show that you have conducted sound research, you need to back up your arguments using 8 quality journals and reference them correctly both in-text and in the Reference List.