Sepatu Compass is a local shoes brand that really got hyped for the last few months....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Sepatu Compass is a local shoes brand that really got hyped for the last few months. Every shoes released are always sold out in a short period of time. Sepatu Compass considered as one of the most wanted shoes in Indonesia. In a parallel universe, they successfully produced their shoes with more massive volume. And with a long & thorough consideration, Sepatu Compass decides to go global. So, step 1 of the "steps in the decision process to enter global market" already been decided. Now, you, as their marketer, have to do these following steps: 1. Choose which market(s) to enter. After choosing the market, explain your reasons. 2. What is the best level of commitment? 3. How you develop the marketing mix strategies in the foreign market (standardize or localize)? And why? Sepatu Compass is a local shoes brand that really got hyped for the last few months. Every shoes released are always sold out in a short period of time. Sepatu Compass considered as one of the most wanted shoes in Indonesia. In a parallel universe, they successfully produced their shoes with more massive volume. And with a long & thorough consideration, Sepatu Compass decides to go global. So, step 1 of the "steps in the decision process to enter global market" already been decided. Now, you, as their marketer, have to do these following steps: 1. Choose which market(s) to enter. After choosing the market, explain your reasons. 2. What is the best level of commitment? 3. How you develop the marketing mix strategies in the foreign market (standardize or localize)? And why?
Expert Answer:
Answer rating: 100% (QA)
The image contains a scenario about Sepatu Compass a fictional local shoe brand from Indonesia that has seen a lot of success and is now considering going global The scenario poses three questions rel... View the full answer
Related Book For
Posted Date:
Students also viewed these programming questions
-
What type of business is S. G. Cowen? How is this firm different from the other financial firms? How systems and operations of financial firms are different from other types of businesses - say...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Neutrons can be used in diffraction experiments to probe the lattice structure of crystalline solids. Since the neutron's wavelength needs to be on the order of the spacing between atoms in the...
-
Show that the lines with equations 2x - 3y = 1 and 3x + 2y = 4 are perpendicular.
-
Consider an economy similar to that in the preceding question in which investment is also $200, government purchases are also $500, net exports are also $30, and the price level is also fixed. But...
-
The Air Force Thunderbirds aerial demonstration team is performing at an air show located on Earth's magnetic equator. In what directions can the airplanes fly so that there is no charge separation...
-
Suppose that Sams Cat Hotel in Problem 7 uses a P system instead of a Q system. The average daily demand is 15 bags (90/6), and the standard deviation of daily demand is 6,124 bags (15/6). a. What P...
-
1 What is HRM? Explain the Functions of HRM? 2 What is HRP? Explain the process of HRP? 3 4 5 6 7 What is Recruitment? Explain the factors affecting Recruitment. What are the different Sources of...
-
The Scampini Supplies Company recently purchased a new delivery truck. The new truck cost $22,500, and it is expected to generate net after-tax operating cash flows, including depreciation, of $6,250...
-
Assume the following sales data for a company: Current year $737,956 Preceding year 534,227 What is the percentage increase in sales from the preceding year to the current year? a. 27.61% b. 138.14%...
-
What idea, concept or issue stood out in Medicare and Medicaid If you are aspire to be a health services manager, how might you use Medicare and Medicaid in your work?
-
Solve the following optimization problems. (a) min z = f(x) = x+3x-4 subject to x = R. (b) min = f(x) = xe subject to x = R.
-
Harvard Business Publishing Project Management Simulation: Scope, Resources, and Schedule Simulation Scenarios A, B,C, D, E, F & G Student experience personal and group? what was your impression?...
-
Describe the purpose, procedures strengths and limitations of electronic or computer based training methods.
-
Summarize a specific company's situation that involved business continuity and disaster recovery planning. Explain the impact the situation had on the organization
-
Find the surface area of that part of the plane 3x + 2y +z = 7 that lies inside the elliptic cylinder = 1 100 Surface Area = 2pi(sqrt(6)-4/3)
-
Write a paper detailing a geographic information system (GIS) of your own design that would utilize data in an original manner.
-
Name and describe some of the criteria that labour relations boards might use in determining whether successor-ship has occurred.
-
Choose a labour organization or federation, such as a labour council or provincial or centralized labour federation, in your region of the country. Describe how that organization is structured,...
-
Hamill College was founded in the 1920s. It is a postsecondary institution which offers undergraduate and graduate degrees, academic upgrading programs, and diploma and certifi cate career...
-
The most appropriate response to Nkomos Question 1 would be that the present value of future residual earnings is expected to be: A. zero. B. positive. C. negative. Mangoba Nkomo, CFA, a senior...
-
The most appropriate response to Nkomos Question 2 would be that the firms return on equity (ROE ) is: A. equal to the firms cost of equity. B. lower than the firms cost of equity. C. higher than the...
-
Based upon the information in Exhibit 2, the intrinsic value per share of the equity of Jackson Breweries is closest to: A. R97.67. B. R130.22. C. R186.03. Mangoba Nkomo, CFA, a senior equity analyst...
Study smarter with the SolutionInn App