The economic turbulence in developed economies like the United States, Germany and Japan is driving multinational firms to explore emerging market economies like Brazil, Russia, India and China. According to the 2018 International Monetary Fund (IMF) economic growth statistics1, the economic growth in United States, Germany and Japan, was less than 3% while emerging economies like India, China and Vietnam …
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ISBInsight: Why do firms from developed markets form international marketing alliances with firms in emerging markets?
A major reason firms from developed markets are increasingly interested in expanding to emerging markets is that they represent about 40% of the global economy and about 65% of the world’s population. Emerging markets have rapid economic development and liberalised economic policies, which favour the …
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https://www.youtube.com/watch?v=vi4LUvjgWHI
S Arunachalam: What do you think are going to be the five big trends in marketing academia and marketing practice?
Rob Palmatier: It is hard to nail down just five specific trends. I think there are a number of trends. When it comes to marketing academia versus marketing practice, in my own case, in nearly all of my personal research, I …
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The Transforming Pharma Landscape
In the past century, scientific breakthroughs and economic development enabled pharmaceutical firms to seize the opportunity of providing medical treatment for a range of ailments varying from microbial infections to genetic disorders. Aside from research and development (R&D)-focused pharmaceutical firms, even generic companies benefited from the ever-increasing demand for affordable medicines. Until the last decade, with scope …
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According to a recent United Nations report, India has the world’s largest youth population with 28% of its population within the range of 10 to 24 years of age. Highlighting the fact that young people are innovators, creators, builders and leaders of the future, the UN pointed out that India’s young people present a tremendous opportunity to transform the country’s …
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Based on the research of S. Arunachalam and Sridhar N. Ramaswami
In the face of increased competition and reduced product differentiation, companies are striving to gain unwavering loyalty from customers. In fact, nowadays, companies are willing to do all they can to maintain an undividedly loyal customer base. Companies use customer behaviour and customer attitudes to gauge customer loyalty. Loyal customers …
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