Tuesday, June 18, 2019

Major Theoretical Logic in Global Marketing Essay

Major Theoretical Logic in Global Marketing - Essay ExampleThere is a major gap in our understanding of the types of internal organizational resources that are conducive to implementing a globular marketing strategy and that can lead to sustainable competitive advantages in the global market. A major issue that demands to be investigated is what organizational processes that successful global competitors adapt to influence its exotic subsidiaries so that they can achieve global marketing standardization, coordination, and integration (Samiee and Kendall, 1992). Potential organizational processes may range from suggestion, inducement, request, to the direction (Bartlett and Ghoshal 1992). It should be interesting to know which process is more than effective and, perhaps more importantly, under what conditions a particular process may be effective for implementing a global marketing strategy. Researchers need to the right way conceptualize various organization processes, define t heir relationships to global marketing strategy implementation, and design empirical studies to test such relationships. Another major issue involves the organizational structures that are conducive to global marketing strategy implementation (Appelbaum et al, 1998). While centralization vs. decentralization and product division vs. geographical division has received rough discussion in the literature, other dimensions of organizational structure have not been investigated adequately. For example, how a firms decision to enter into international joint ventures (or whatever other modes of foreign market entry) affects its ability to implement a global marketing strategy, and how various knowledge management systems relate to a firms ability to implement a global marketing strategy are among important issues to be researched (Bellamy and Graham, 1987). Still another major issue in global marketing is the type of organizational cultures that press forward global marketing strategy i mplementation (Beyers and Lindahl, 1999). Perhaps the strength of the organization culture is an important variable, or the content of the organization culture is more relevant. Researchers need to develop sound classification schemes for organization cultures and link them to a firms ability to implement a global marketing strategy. Empirical research in this scope is particularly scarce. In addition to the aforementioned issues that relate to a firms internal organizational resources, research is also needed to identify various industry globalisation drivers and the specific mechanisms through which a global marketing strategy can lead to competitive advantages for a firm. With quality research in these areas, a neck theory of global marketing strategy can be expected in the future. Culture is an important factor in the understanding organization because for any organization to operate effectively it must to some extent have a general set of beliefs and assumptions.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.