Outsourcing, alliances, mergers Research Paper Example | Topics and Well Written Essays - 5000 words

Outsourcing, alliances, mergers - Research Paper Example This follows into the older model of competitive advantage for organizations; mergers and acquisitions. The paper concludes by evaluating the economics of each mode and understanding its need for businesses in the international arena. The confusion around globalization makes it harder to concretely define the term itself. In many cases, it is the prominent catchphrase for describing the process of international economic integration’ (Scholte, 2005, 16). In the context of the argument presented in this paper, globalization is viewed as an amalgamation of liberalization, universalization and westernization. Hence, it could be defined as the process of removing restrictions on movements between countries, creating a synthesis of cultures and spreading experiences to people in all corners of the world (Scholte, 2005). The birth of trade can be traced back to the time of the barter system – entities trading goods with one another, each valuing the other’s item equivalent to their own by a certain numerical degree, i.e. 1 is to 1, or 1 is to 10. With time, as trade expanded to larger volumes, the basic concept of valuation remained embedded in certain form. Inter-industry trade, where one country tends to export one good and import a wholly different type of good, is dominantly explained by comparative advantage. Prior to this concept, Adam Smith in 1766 proposed the theory of absolute advantage for international trade, where a country exports products that are produced cheaply compared to trading partners, and imports products produced more expensively. Hence, each country would hold absolute advantage in a product over the other. David Ricardo in 1817 brought about a different insight claiming international trade depends on opportunity costs (prices of one good expressed in terms of amount of other good needed to forego in order to purchase it) (Tayeb, 2000). Like other classical political economists, Ricardo’s

A marketing analysis of Procter & Gamble Research Paper

A marketing analysis of Procter & Gamble - Research Paper Example .. 6. Brand Management at P&G†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 7. Competition†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 8. Current Market Share†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 9. Individual Product Branding†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 10. Extending the Product Life Cycle of Existing Products†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 11. Summary/Conclusions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 12. Recommendations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 13. Personal Learning through the Study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Works Cited Appendices A marketing analysis of Procter & Gamble 1. Purpose/Objective of Study The purpose of the research study is to examine the marketing prowess and strategies of the multi-national company Procter & Gamble (P&G), a business reporting $10.75 billion in net income in 2012. How Procter & Gamble is able to accomplish such significant revenues is likely attributable to not only the relevancy and sustainability of its products, but to its marketing prowess to gain consumer attention in multiple international and domestic markets. Th e objective of the study is to determine what aspects linked to marketing theory and practices contribute successfully to P&G’s capabilities to sustain its business longevity. 2. Executive Overview Research has identified that P&G is considerably competent in understanding how to market its products successfully to consumer segments with profit potential. Through a blend of psychographic segmentation and lifestyle-centric targeting and using quality-centric positioning tactics, the business is able to create a successful brand management strategy. Research has indicated that Procter & Gamble not only understands consumer behavior, but is able to translate this important knowledge successfully in its diverse portfolio of brands. Based on the findings, it is recommended that Procter & Gamble conduct further market research to gain a new perspective on the social condition for the contemporary buyer segments. 3. History and background of P&G Headquartered in Cincinnati, Ohio, Pr octer & Gamble was founded in 1837 by William Procter and James Gamble, a candle-making expert and soap producer in early America. By the time of the Civil War, P&G sales had topped $1 million. In today’s economy, adjusting for inflation between 1865 and 2012, this would be equivalent to $14.8 million (Friedman 1). During the Civil War, P&G was contracted to supply the Northern Army with much-needed candles and soap supplies, which provided P&G with much more visibility across the country. By 1911, Procter & Gamble could no longer sustain the high national demand for its products produced in Ohio, requiring development of new manufacturing and logistics centers across the country. Shortly thereafter, the business began producing Crisco which was a revolutionary food shortening product made from vegetable oil rather than the traditional method of using fats extracted from slaughtered animals. While P&G still continued to focus on household soap products, Procter & Gamble diver sified into foods production that drove much of its strategic focus through the 1970s. Procter & Gamble also began sponsoring radio programs with the advent of the consumer radio network, which coined the phrase