TNC - global marketing Flashcards

1
Q

what is marketing?

A

the process of promoting products and services

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

why is marketing becoming more global?

A

products are being sold world wide rather than just where they are produced

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

how does the global supply chain link global marketing?

A

due to the fact products are manufactered in different places to where they are sold it is linking countries

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

what is the aim of TNCs?

A

to create one single market for their product by creating a fully globalised world

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

what does one single market help TNCs create?

A

brand awarness

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

what do countries have to take into account in terms of adaptation?

A

they have to be aware that different countries have differences in cultural attitudes therefore have to adapt products upon these

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

what is an example of a company that has adapted to culture?

A

McDonalds
McSpicy Paneer Burger inm spain
no pork in places such as Qatar

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

what is the advantage to having one marketing campaign?

A

it makes it cheaper and creates economies of scale

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

in 2015 what happened to coca cola?

A

it was rated by interbrand one of the most successful companies in the world

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

what has coca cola done that is significant?

A

created on product which apart from minor tweaks is the same world wide

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

what have coca cola kept the same since the creation of the company?

A

logo

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

where is coca cola HQ?

A

atlanta

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

how many countries do coca cola have operations in?

A

200

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

how many employees do coca cola have?

A

over 100,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

what % of people worldwide calm identify the coca cola logo?

A

94

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

how many people around the world drink coke a day?

A

1.9 billion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

in 2016 what did coca cola do?

A

launched the one brand strategy with the taste the feeling campaign

18
Q

what is the one brand strategy?

A

coca cola no longer recognised the four different variants of the drink as seperate brands and treated them as one product

19
Q

what did coca cola do as part of the one brand strategy?

A
  • launched 10 commercials
  • 100 campaign images
  • commercials had story telling
  • new visual identity
20
Q

who have walmart adapted to a culture?

A

in 1996 they went into china

use 85% locally produced supplies due to government restrictions `

21
Q

what does a company view the world as?

A

a single market

22
Q

having one marketing campaign what does this generate?

A

it generates an economy of scale for the organisation

lowering costs

23
Q

how many many countries is coke not sold in?

A

2

cuba and korea

24
Q

in 1900 how many bottlers did they have and then in 1920?

25
what were they the official drink of?
NASCAR racing | 2014 sochi winter olympics
26
what were coca cola accused of in 2010?
there was a law suit for their bottling station in guatemalia for rape murder and torture
27
what was shut down in 2016?
their bottling plant in india due to the fact that it was found that the quantity and quality of water for villagers and farmers had reduced $16 million
28
how much did they invest into russia and in what?
£1.5 billion | infrastructure, training and plants
29
what is wrong with TNCs in terms of power?
they have a lot of economical power and can influence government policies if they are not happy about current economic standing in the country they ar investing into
30
what % of the worlds recognise the coca cola logo?
94
31
how much do they spend on advertisement?
more money than apple and microsoft combined do
32
when was the share a coke campaign started ?
2014
33
what is the share a coke campaign an example of?
effectively applying a localised positioning strategy to a global market e.g. it started in australia
34
how does the one brand campaign aid lower calorie drinks?
they have been losing market sales over 9 years due to the new trend of low carbonates therefore it was thought that a closer association between the variants would increase sales
35
what do most of coca colas campaigns centre around?
the theme of happiness taste the feeling share a coke
36
in 2009 where was there a research and development unit set up?
in shanghai
37
where do 70% of their sales come from?
outside north america
38
how many different products do they have?
400
39
in 1960 what did they acquire?
minute maid
40
what do they do in africa?
they have community schemes | get people into jobs etc