Global Market Strategies and Analysis

Revision sheet excerpt

Course Outline

  1. PESTEL macro-environment analysis
  2. STP segmentation targeting positioning
  3. Ansoff matrix growth strategies
  4. International market entry modes
  5. Trade barriers and dumping
  6. Purchasing power parity and living standards
  7. Brand equity and marketing communications
  8. Standardization vs adaptation and pattern advertising
  9. Incoterms and international trade responsibilities

1. PESTEL macro-environment analysis

Key Concepts & Definitions

  • PESTEL analysis : A tool used to assess the macro-environment of a country or market by breaking it into six external categories.
  • Political factors : Political factors are government-related influences on business such as policies, stability, and trade rules.
  • Economic factors : Economic factors describe a country’s economic conditions that affect demand, costs, and consumer purchasing power.
  • Social factors : Social factors cover society and consumer behavior such as demographics, culture, and lifestyle patterns.
  • Technological factors : Technological factors reflect innovation and adoption levels such as R&D, digitalization, automation, and internet access.

Essential Points

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Quiz preview

1. Which set of six external categories is used in a PESTEL analysis of a country or market?

2. What does PESTEL analysis primarily focus on when assessing a country's macro-environment?

3. Which factor would most likely be classified as a political factor in PESTEL analysis?

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Flashcards preview

PESTEL analysis — categories?

Political, Economic, Social, Technological, Environmental, Legal.

PESTEL analysis

Assesses macro-environment using six categories.

STP — key steps?

Segmentation, Targeting, Positioning.

Political factors

Government influences like policies and stability.

Economic factors

Country’s economic conditions affecting demand.

STP process

Segmentation, targeting, positioning framework.

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The revision sheet covers the essential concepts of Global Market Strategies and Analysis. It is organized by topic to facilitate learning and memorization, with key definitions, explanations and summaries.

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The quiz contains 10 multiple-choice questions with detailed corrections and explanations for each answer. Ideal for testing your knowledge and identifying gaps.

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