Business and Economics

8 Essential Questions that Global Marketing Managers Must Ask

8 Essential Questions that Global Marketing Managers Must Ask

The Power of International Advertising International advertising plays a critical role in creating brand recognition for many companies, both big and small. Emerging brands like Airbnb, Uber, Spotify, and Zoom have successfully utilized global marketing strategies to gain international recognition and success. Although advertising isn’t solely responsible for the success…

Political and Regulatory Problems in Global Marketing and Advertising

Political and Regulatory Problems in Global Marketing and Advertising

Political and regulatory environmental factors influence all aspects of a firm’s advertising and promotional decisions.  Regulations may be based on cultural, religious, national, health and consumer protection considerations that shield against harm and deceit.  The degree to which countries regulate advertising fluctuates over time and administrations. International Regulations of Advertising…

In-House vs. Outsource Language Translation Services

In-House vs. Outsource Language Translation Services

Deciding on whether your business will rely on outsourced language translation services, in-house multilingual employees or a dedicated translation team is an important decision for a business. Both outsourced translation agencies and in-house translators have distinct advantages and disadvantages. Many factors must be evaluated to decide which of these options is best suited for your business.

Communication Skills You Need For Global Business Success

Communication Skills You Need For Global Business Success

The days of global strategy forethought are long past.  Today having a global strategy is a business mandate.   It requires identifying and responding to business opportunities and weaknesses while also being intentionally alert to threats and your own strengths in both foreign and domestic markets.  Additionally it implies the use…

Management Skills Needed In Our Global Economy

Management Skills Needed In Our Global Economy

Meeting persons from different cultures can be stressful and confusing.  Because we usually are not familiar with their responses, choices, and verbal and non-verbal cues—which typically are different from our own—we, as well as others unfamiliar with their cultures, struggle to interpret their meanings and intentions.  The atmosphere in casual…

Expanding Marketing Reach Internationally

Expanding Marketing Reach Internationally

For companies entering overseas markets, communicating in different languages to different cultures can be challenging.  When expanding marketing reach internationally, marketers must consider demographic, geographic, linguistic, technological, economic, political and legal differences that can influence communication and marketing strategies.  Among these various factors, cultural, linguistic and legal differences often create…