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Global Marketing MKT 4703
Global Marketing MKT 4703
Instructions
a) Why are the Balance of Trade and Balance of Payment important in global marketing?
Discuss.
b) “The future of open global markets lies with the controlled and equitable reduction of trade
barriers.” Do you agree with this statement? Why or why not? Discuss.
a) Why is the social and cultural environment important in global marketing? How does this
environment influence global marketer’s strategies? Discuss.
b) How important is the self-reference criterion to global marketers in analyzing culture? How
a global marketer can minimize the Self-Reference Criterion and Perception problem while
designing global marketing strategies? Discuss.
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Question No. 4 (4 + 10 = 14)
a) How important is branding and positioning for the tea industry in global marketing spectrum?
b) Discuss the segmentation of the global tea industry. With more tea products and varieties
being introduced, do you think the sales growth of the industry will be sustainable? Why or
why not? Discuss.
a) You have been asked by a supermarket chain to propose suitable packaging and labeling for
a range of snack food products such as chocolate chip cookies, ginger snaps, crackers, peanut
butter cookies, cereal bars, and granola bars. The packaged products are meant to be exported
to its various supermarkets on the international market. You are required to highlight the key
considerations on eco-packaging and labeling for the export market.
b) Consumer electronics company Lenovo topped a list of the most popular Chinese brands
among people outside China. What challenges do Chinese brands face in the global market?
a) What is the difference between a low-context culture and a high-context culture? Name a
country that is an example of each type and offer evidence for your answer.
b) What role do cultural and social factors play in building Dubai’s tourism appeal? How well
do you think Dubai has managed to bring the East and the West together?
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