MKT 571 Week 4 Team Assignment - Classic Airline Channel and Pricing Strategy

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  • Select a second country as the international market for your product. Your home country was selected in Week Two.
  • Develop channel and pricing strategies for your product launch, and include both your domestic and international markets.
  • Write a 1,400- to 1,750-word paper completing the following:

 

  • o   Justify your choice of international market. The justification should employ specific data from research conducted. 

    • What is the sustainability of the market?
    • What are the factors that influence your selected market?

      • o   Trends
      • o   Size of market
      • o   Growth rate
      • o   Profitability

  • o   Select an appropriate channel strategy for both your domestic and international markets, and justify your selection.
  • o   Include pricing strategies for entering both the domestic and international markets.
  • o   Evaluate the implications of changing environmental factors on organizational choices for your selected country and international market. You must address the following factors:

    • Government, political, or governing bodies

      • o   Who are the major legal entities?
      • o   How might they influence organizational choices?
      • o   What are the risk factors?

      • Economic

        • o   What is the role of interest rates, exchange rates, and monetary or fiscal policies?
        • o   How might the organization use these factors to avoid to risk?

      • Innovation and technology

        • o   What are the key innovations and technologies available to the organization?
        • o   How might changing technologies be used to the organization’s advantage?

      • Social and demographic

        • o   How might cultural diversity be used to add value to the organization?
        • o   What skills might organizations need to implement the strategy?
        • o   What are the costs involved in acquiring those skills?

    • Format your paper consistent with APA guidelines.
    • 11 years ago
    MKT 571 Week 4 Team Assignment - Classic Airline Channel and Pricing Strategy
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