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This comprehensive approach serves as an essential textbook for students and professionals seeking to master the complexities of marketing in a globalized world. Moving beyond the fundamentals of domestic marketing, this book provides a deep dive into the unique challenges and opportunities of a global marketplace. It systematically explores how uncontrollable environmental factors—from culture and politics to economics and technology—fundamentally reshape marketing strategy.
The book is structured to guide readers through every stage of international expansion, from initial market research and choosing an entry strategy to developing a global marketing mix. Key themes include the critical decisions of product standardization versus adaptation, the intricacies of international pricing and logistics, and the nuances of cross-cultural communication. The final chapters address modern topics such as the impact of e-commerce, digital marketing, and artificial intelligence, as well as the paramount importance of ethics and corporate social responsibility in a global context.
With detailed examples, a comparison of key strategies, and engaging discussion questions, this guide is an invaluable resource for anyone looking to build a successful career in international business.