Answer 1: Exchanging of information has expressivelyimproved over the period of time since Information Technology has grown fasterthan ever before. This has led organization to hire cheap workforce in other countrieswhich most of the time come out cheaper as compare to the ones in local places. The movement of outsourcing ofprofessional services is a latest phenomenon as compared to production whereincountries like India and China had been desired locations for companies sincelate 1890s. Formerly, developed countries were in a position to benefit themost advantage of offshoring, however, with the current trend of offshoringskilled offerings, the growing international locations are also in a role toearn greater sales.
However, the transfer of white collar jobs is seen as athreat with the aid of the employees in the developed countries. People of developed nations consideroutsourcing as evil; however, researchers assume it useful for the developednations. The companies outsource their operations a good way to limit theexpenditure, cost reducing and that ultimately results in high benefit inprofit margin as the fixed cost becomes variable cost and the very last endresult come to be profit. This income can be invested in other corporations andalong with perception of doing should likely create more jobs in sales in localplaces. The trend of offshoring can beperceived in different dimensions: one; corporations’ point of view and theother from the workforces’ point of view. Organizations are saving costs andmaximizing profits, with the intention to them it doesn’t rely what socialimpact it is creating in society it is operating. The gain, in terms of theearnings, is ultimately coming to business enterprise’s parent country andconsequently contributing to the economic system.
If we take a look at thissituation from the perspective of employees and workforce, it’s not probable anexcellent scenario as it without delay affects their jobs.In conclusion, the movement of informationacross borders cannot be stopped or put to end as this is a vital transactionof resources among countries. Additionally, it could be managed or regulated inright direction. But, so as to restrict data from shifting freely throughoutborders countries need to make and apply rules on data transfer under the actof data localization or data safety.
Answer 2: Nothing fails like successThe success of any commercialenterprise relies upon on its business strategy. Marketing strategies are madekeeping in thoughts all the elements like clients, competition, product typeand so forth. The same approach of a company won’t fit nicely for uniquemarketing condition hence it’s miles important to make strategies based totallyat the changing situations keeping in thoughts other parameters. Motorola in its early years ofnonstop innovation, the corporation could make lots of consumer electronics,together with domestic radios and TVs. However, Motorola’s bread and butterbecame technology and devices sold to other organizations, especially the onescharged with public protection and defense. Moreover, Motorola was the pioneerin handling mobile telephones and accordingly enjoyed a fortune for being themain telecommunication business enterprise a while. Its downfall started outwhile Nokia entered the market and Apple produce smart phones at the same timeas Motorola was counting on its older version of phone. Motorola, essentially,struggled with project management.
They failed to focus on one component andended up shutting down all his operations in mobile marketplace. Motorolacouldn’t cope up with the adaptability phase of innovation and technology. Theyengaged their selves in different upgradations at the same time and wereextremely unsuccessful even as giving something new to the market. In my pointof view, Motorola should focus on variation of new technologies and making itsbrand more fashionable in an effort to live to tell the tale in the industry.GAP is known for successful clothingbrand and its quality of product makes it more like competitive in nature. However,the brand failed to adapt the advancements in technology and coming up with newfashion and clothing. People these days have frequent use of internet and that openup more varietie of options and therefore, they end up choosing something elsethen their previous brand.
Such a variety of options led customers tocompromise on brand loyalty. Simply due to everybody wants something trendy,unique and new, people become bored of classic and monotonous styles orcolorations of gap. It needs to adapt its fashion in step with the trendsprevailing within the marketplace; they need to lessen the shelf stock provideonline purchasing services and come up with new layout retaining on small linecontaining classics as nicely.On the other hand, Starbucks is onits way to adapt the changing environment of the coffee business. The founderof Starbucks wanted to provide a place where people would come for coffee and sharespace around in whatever way just like he felt on his trip in Italy. in recenttimes, the life-style of consumers have changed plenty and in my point of view,Starbucks should accept it and come up with an approach to keep up with thealternate.
Starbucks has experimented with making coffee extra accessible byselling roasted coffee beans at departmental shops, offers cold coffee placedon stores shelves. This indicated that management has at the least responded tosome the adjustments. but if required, it should not hesitate to re-evaluateits whole enterprise version.Answer 3: Most of the parts of world havetheir own laws and regulation for advertising and marketing of products and therefore,multinational firms are supposed to abide by them.
Particularly in UAE, femalefrontal is forbidden to show without a headcover. This could be a reason forhinderance when companies such as P and Unilever would want to advertise theirhair products. To tackle this issue, 3D technology could be of a greater use whileworking on a such advertisement.
One can use leftover of hair or extensions ofreal hair and putting them to a digital model just to portray the message of advertisement.Also, endorsement from different celebrities and beauticians would make adifference just to make the message more stand out in the cowed. There are severalways to tackle such a situation, depends upon how creative is the team force. Answer 4:The results of survey stand outclear as majority of Pakistan’s child population wants to be more intelligentand aspires to travel around the world. The survey targeted urban child populationwho aspires to be intelligent and already maintain a relatively better lifestyle.As for as market opportunities for western companies are concerned, they cantarget these children or their parents in colleges, department stores and socialclubs.
Western companies could openacademic institutes that reflect western model of education system with thetime table of making kids more intelligent and focusing on advertising thepossibilities of going abroad as exchange students in the parent branch. In Pakistan, especially in urbanareas, educational business in anyway is worthwhile. everyone tries to findinstitutes that follow models of overseas education. Western institute canwithout difficulty penetrate the local marketplace.
There’s also a huge chanceof attracting kids who aspire to go in the space and have such hobbies.consequently, it’s likely high scope for western corporations to open amusementand space parks just to fascinate and entertain young mind in practical manner.commencing of such parks might attract many other just to get on a virtualdrive in the space. due to the fact there might be no competitor in this typeof business, western corporations would truly have advantage over others.
Answer 5:The trade development Authority ofPakistan (TDAP) organizes a biggest trade fair in an effort to appeal toforeign clients to buy Pakistani products. The EXPO is organized in majorcities of Pakistan in which TDAP provides platform for the consumers anddealers to have interaction with every different. As an advertising and marketinghead, I would like to collect the statistics concerning the previous deals inEXPOs. Those numbers can be used to offer a level of comfort to theorganizations that by being part of the EXPO will generate a few activities fortheir business as well. Also, I’d engage my team to conduct seminars andworkshops about the expo in every major metropolis of Pakistan in which thebusinesses will be guided about the significance of presenting their items atthe EXPO. Worldwide retail chains and shops will be invited to visit the expo.
As mu team gets accomplished withgathering information concerning protentional customers and dealers, then allof the businesses ought to be contacted. Members from the previous expos andorganizations who’ve promising export product or offerings however have notparticipated earlier than. For brand new businesses, the advertising crewshould share the benefits of participating by sharing the cost of deal struck,the list of the protentional customers, the exchange incentives supplied by wayof the government and the future possibilities of the organization. It willlikely be most effective if one on one meeting is set with the potentialbusinesses where advertising and marketing crew can meet their businessdevelopment supervisor or some senior executive who’s a position to make dealsor take decisions. Ultimately, follow ups may be taken in an effort to ensurethe presence of businesses to attend the EXPO. Answer 6:A regional trading bloc is acollection of nations within a geographical area that defend themselves fromimports from non-members.
Buying and selling blocs are a form of financialintegration, and increasingly shape the pattern of global trade. To tradeamongst countries, the formation of regional trade block is much like firststep to open up ways for exchange amongst nations on worldwide basis.particularly for developing nations, these first steps are vital in order tohave international exposure and who are still suffering for their internationalimage in trade. For one of these state, it’s extremely essential to tradewithin their barriers at the start. Once there are on the street ofdevelopment, excelling in any other their core fields, thereafter, they have toalternate their consciousness toward the worldwide change. Developed countries such as USA,China and Russia have seen to be taking part in the advantages of each nearbyand international trade. Due to their strength they may be most of the timedominant in both the trades. They have got authorities to impose theirconditions and regulations in the reginal blocks in addition to in theworldwide trade.
As far as Pakistan is involved, weare more inclined towards regional block building as we are also in the listingof developing countries. Our agreement with China is one in all the mostimportant example of local trade settlement, China is building this regiongreater powerful for its own advantages, but Pakistan is also getting somethingout of it. Answer 7:As far as innovation is concerned,I don’t support the argument of reducing the patent lives because even thoughwith the higher patent lives it’s tough for the humans to come up with themoney for the life-saving drug, but if the incentive to innovate reduces, therewill eventually be no innovation. Patenting of stay saving drugs such as AIDS,HIV and cancer or other drugs give the companies right to preserve theirintellectual property. Patenting promotes the equity and compensatory justiceconcerns.
The ones who have placed a lot attempt and cash in the developingsomething new ought to earn from it now onwards and second concern is thedefend the brand-new innovation and domestic and worldwide welfare. However,it’s no longer beneficial for the patients who can’t have enough money suchexpensive tablets. The developing nations do not have the assets and skills incomparison to developed international locations so they fail to make suchinnovations.
The developing nations are forcedto buy expensive capsules as they do no longer have any cheaper opportunity.The reduction of patent lives of innovative tablets can be helpful for theunderdeveloped countries however the developed countries that deem theirtablets as goldminers will not be glad about it. removal of patent rights wouldlead different people to copy their formulation and produce cheaper options tohelp the poor. Folks who are compelled to buy highly-priced drugs due tomonopoly will shift to lessen priced drugs. If this bill receives surpassed,within the brief run, health care value will be reduced and more humans may beable to find the money for capsules and save their lives. However, in the end,when new ailment is identified and there may be no innovation to makeexistence-saving pills for illnesses and lots of humans could fall sufferer todeaths. Answer 8:A) It was ahuge mistake to go into Indian marketplace with standardized marketplace.
Onemust analyze or have particular expertise about going worldwide or the marketone is coming into. Adaptability is the important thing for going global.Adaptability doesn’t imply to have handiest employees but the product as well.
In this type of case, it was assumed that Asian people have similar taste andso the corporation added the product in India based totally of the effects ofchinese and different Asian markets. but, purchaser behavior and their desirerange from country to country because of different ethnic backgrounds. B) Thisdoesn’t appear like a hassle with product, rather, it became a positioningproblem. due to the fact, cereals should now not had been brought as analternative to standard breakfast however need to be positioned as a furtherlight meal choice that may be consumed together with the traditional meals. Onecan also debate upon goal marketplace, it need to now not only target workingpeople, however it has to be children and youngsters as well. due to the fact nowadays,people are very health aware and like to have mild food rather than traditionalcomplete food C) whenwe’re coming into new markets, we must have information about:market andthe product demand we are selling.
determinethe target market or segment for the product.Thedevelopment of the product need to now not prevent at the initial segment, asan alternative the product improvement ought to maintain, and the product must beadapted to modifications in the external surroundings. If the product is notconstantly advanced, ten there is a risk that it’s going to quickly getreplaced by means of a few different alternatives.