Global Market Strategies and Analysis

Estratto della scheda di revisione

📋 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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Anteprima del quiz

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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Anteprima delle flashcard

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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