Annotated Bibliography on Strategic Marketing Management
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Added on 2023/02/01
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This annotated bibliography provides insights into various aspects of strategic marketing management, including international marketing strategies, company-wide strategic conversations, recognition of firm internationalization, and marketing strategies at the bottom of the pyramid.
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Running Head: STRATEGIC MARKETING MANAGEMENT Topic- Annotated Bibliography Student name University name Author notes
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2STRATEGIC MARKETING MANAGEMENT KeysDetails CitationKumar, M. T., & Shivashanthi, S. (2013). Dynamics of international marketing strategies.International Journal of Management, IT and Engineering,3(3), 172. Summaryand significance The article is based onvarious aspects of strategic international marketing and their timely insights from business executives on new market trends and tactics in internationalization.Here the significance of marketing capabilities is illustrated and reconstruction modes are also provided to support an enhanced and positive market performance. Various strategies of entry modes and global market alliances are also mentioned. The article provided a deep insight into the topic of discussion and help in evaluation of the best recommended strategy for P&G in regard to its global strategy. KeysDetails CitationLafley, A. G., & Martin, R. (2013). Instituting a company-wide strategic conversation at Procter & Gamble.Strategy & Leadership,41(4), 4-9. Summaryand significance Here the paper tries to explain the new strategic decisions of Procter and Gamble in regard to its global market strategy for internationalization. Its business structure and culture are explained organizational communication is supported to decide upon the best entry strategy for global diversification. Organizational goals, objectives, strategies and other structural framework are evaluated and strategic development is supported implicitly.
3STRATEGIC MARKETING MANAGEMENT The paper supports the area of discussion by providing deeper insight into the organizational structure and culture in P&G. KeysDetails Luo, X., & Zheng, Q. (2018). How firm internationalization is recognized by outsiders: The response of financial analysts.Journal of Business Research,90, 87-106. Summaryand significance The article provides new directions to the researchers by providing insight into how strategic values are recognized and accessed by other analysts and outside third parties. External responses of strategic internationalization are interpretedandrecommendationsarealsoprovided.Roleofindustry uncertainty and increased competition are evaluated and this help in better financial evaluation of a firm’s market position. This article provides insights into the various financial aspects of P&G and help in carrying out the financial ratio analysis and provides deeper insights in developing trends of market performances. KeysDetails Payaud, M. A. (2014). Marketing strategies at the bottom of the pyramid: Examples from Nestle, Danone, and Procter & Gamble.Global Business and Organizational Excellence,33(2), 51-63. Summaryand significance Here diverse marketing strategies are considered with emphasis on lower costs. The Bottom of the Pyramid approach is mentioned which is one of the
4STRATEGIC MARKETING MANAGEMENT core success strategic moves of P&G and other multinational corporations. Community support is emphasised for having inclusive market growth and the article efficiently distinguishes among international strategies and BOP strategies. Mainly P&G’s Egypt operations are discussed in the paper and ultimate results was based on how to improve ongoing marketing practices of a globally recognized firm. The paper help in effective evaluation of the best global strategic moves by P&G and also help in understanding the reason of immense success of the FMCGgiantfordecades.Thearticlessupportbetterevaluationof internationalization strategies of Procter and Gamble.