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World-Class Companies in Developing Countries,”<br />

Harvard Business Review, October 2006, pp. 60–69.<br />

21. C. K. Prahalad, The Fortune at the Bottom of the<br />

Pyramid: Eradicating Poverty through Profits (Upper<br />

Saddle River, NJ: Wharton School Publishing, 2005);<br />

Niraj Dawar and Amitava Chattopadhyay, “Rethinking<br />

<strong>Marketing</strong> Programs for Emerging Markets,” Long<br />

Range Planning 35 (October 2002).<br />

22. Bart J. Bronnenberg, Jean-Pierre Dubé, and Sanjay<br />

Dhar, “Consumer Packaged Goods in the United<br />

States: National Brands, Local Branding,” Journal of<br />

<strong>Marketing</strong> Research 44 (February 2007), pp. 4–13; Bart<br />

J. Bronnenberg, Jean-Pierre Dubé, and Sanjay Dhar,<br />

“National Brands, Local Branding: Conclusions and<br />

Future Research Opportunities,” Journal of <strong>Marketing</strong><br />

Research 44 (February 2007), pp. 26–28; Bart J.<br />

Bronnenberg, Sanjay K. Dhar, and Jean-Pierre Dubé,<br />

“Brand History, Geography, and the Persistence of<br />

CPG Brand Shares,” Journal of Political Economy<br />

117 (February 2009), pp. 87–115.<br />

23. David Michael and Arindam Bhattacharya, “The BCG<br />

50 Local Dynamos: How Dynamic RDE-Based<br />

Companies Are Mastering Their Home Markets—and<br />

What MNCs Need to Learn from Them,” Boston<br />

Consulting Group, BCG Report, March 2008; “The<br />

Stay-at-Home Giants,” Economist, March 15, 2008,<br />

p. 78; “In Emerging Markets ‘Local Dynamos’ Are<br />

Challenging Big Multinationals,” Manufacturing &<br />

Technology News, April 17, 2008.<br />

24. Manjeet Kripalani, “Finally, Coke Gets It Right,”<br />

BusinessWeek, February 10, 2003, p. 47; Manjeet<br />

Kripalani, “Battling for Pennies in India’s Villages,”<br />

BusinessWeek, June 10, 2002, p. 22.<br />

25. Carlos Niezen and Julio Rodriguez, “Distribution<br />

Lessons from Mom and Pop,” Harvard Business<br />

Review, April 2008; “Sweet Surrender: Can Kraft’s<br />

Cadbury Acquisition Help It Tap the Indian Market?”<br />

Knowledge@Wharton, February 25, 2010.<br />

26. Clayton M. Christensen, Stephen Wunker, and Hari Nair,<br />

“Innovation vs. Poverty,” Forbes, October 13, 2008.<br />

27. Ellen Byron, “P&G’s Global Target: Shelves of Tiny<br />

Stores,” Wall Street Journal, July 16, 2007; “Not So<br />

Fizzy,” Economist, February 23, 2002, pp. 66–67;<br />

Rajeev Batra, Venkatram Ramaswamy, Dana L. Alden,<br />

Jan-Benedict E. M. Steenkamp, and S. Ramachander,<br />

“Effects of Brand Local and Nonlocal Origin on<br />

Consumer Attitudes in Developing Countries,” Journal<br />

of Consumer Psychology 9 (2000), pp. 83–95.<br />

28. Bruce Einhorn, “Grudge Match in China,”<br />

BusinessWeek, April 2, 2007, pp. 42–43; Russell<br />

Flannery, “Watch Your Back,” Forbes, April 23, 2007,<br />

pp. 104–5; Steve Hamm and Dexter Roberts, “China’s<br />

First Global Capitalist,” BusinessWeek, December 11,<br />

2006, pp. 52–57; “The Fast and the Furious,”<br />

Economist, November 25, 2006, pp. 63–64.<br />

29. Jenny Mero, “John Deere’s Farm Team,” Fortune, April<br />

14, 2008, pp. 119–24.<br />

30. Peter J. Williamson and Ming Zeng, “Value for Money<br />

Strategies for Recessionary Times,” Harvard Business<br />

Review, March 2009, pp. 66–74; Vikram Skula,<br />

“Business Basics at the Base of the Pyramid,” Harvard<br />

Business Review, June 2008, pp. 53–57.<br />

31. Johny K. Johansson, “Global <strong>Marketing</strong>: Research on<br />

Foreign Entry, Local <strong>Marketing</strong>, Global <strong>Management</strong>,”<br />

Bart Weitz and Robin Wensley, eds., Handbook of<br />

<strong>Marketing</strong> (London: Sage, 2002), pp. 457–83.<br />

32. Jennifer Cirillo, “Western Europe Is Buzzing,” Beverage<br />

World, June 2010, pp. 22–24.<br />

33. Bernard Condon, “Babble Rouser,” Forbes, August 11,<br />

2008, pp. 72–77.<br />

34. Bechtel, www.bechtel.com/overview.html; Jack Ewing,<br />

“Bechtel Drives a Highway through the Heart of<br />

Transylvania,” BusinessWeek, January 7, 2008.<br />

35. For an academic review, see Leonidas C. Leonidou,<br />

Constantine S. Katsikeas, and Nigel F. Piercy,<br />

“Identifying Managerial Influences on Exporting: Past<br />

Research and Future Directions,” Journal of International<br />

<strong>Marketing</strong> 6 (Summer 1998), pp. 74–102.<br />

36. Karen Cho, “KFC China’s Recipe for Success,” Forbes<br />

India, October 28, 2009; “Brands annual report 2009,”<br />

Yum! www.yum.com/annualreport/pdf/<br />

2009AnnualReport. pdf; Michael Arndt and Dexter<br />

Roberts, “A Finger-Lickin’ Good Time in China,”<br />

BusinessWeek, October 30, 2006, p. 50; “Cola down<br />

Mexico Way,” Economist, October 11, 2003, pp. 69–70.<br />

37. Claudia H. Deutsch, “The Venturesome Giant,” New<br />

York Times, October 5, 2007.<br />

38. Vikram Mahidhar, Craig Giffi, and Ajit Kambil with Ryan<br />

Alvanos, “Rethinking Emerging Market Strategies,”<br />

Deloitte Review, Issue 4, 2009.<br />

39. “Burgers and Fries a la Francaise,” Economist, April<br />

17, 2004, pp. 60–61; Johny K. Johansson, “Global<br />

<strong>Marketing</strong>: Research on Foreign Entry, Local<br />

<strong>Marketing</strong>, Global <strong>Management</strong>,” Bart Weitz and<br />

Robin Wensley, eds., Handbook of <strong>Marketing</strong><br />

(London: Sage, 2002), pp. 457–83; Shao<strong>min</strong>g Zou<br />

and S. Tamer Cavusgil, “The GMS: A Broad<br />

Conceptualization of Global <strong>Marketing</strong> Strategy and<br />

Its Effect on Firm Performance,” Journal of <strong>Marketing</strong><br />

66 (October 2002), pp. 40–56; “What Makes a<br />

Company Great?” Fortune, October 26, 1998, pp.<br />

218–26; Bernard Wysocki Jr., “The Global Mall: In<br />

Developing Nations, Many Youths Splurge, Mainly on<br />

U.S. Goods,” Wall Street Journal, June 26,1997;<br />

David M. Szymanski, Sundar G. Bharadwaj, and P.<br />

Rajan Varadarajan, “Standardization versus<br />

Adaptation of International <strong>Marketing</strong> Strategy: An<br />

Empirical Investigation,” Journal of <strong>Marketing</strong> 57<br />

(October 1993), pp.1–17; Theodore Levitt, “The<br />

Globalization of Markets,” Harvard Business Review,<br />

May–June 1983, pp. 92–102.<br />

40. Gail Edmondson, “Skoda Means Quality. Really,”<br />

BusinessWeek, October 1, 2007, p. 46. Some of the<br />

more popular jokes from the past: “How do you double<br />

the value of a Škoda? Fill up the gas tank.” “What do<br />

you call a Skoda with a sunroof? A dumpster.” and<br />

“Why do you need a rear-window defroster on a<br />

Skoda? To keep your hands warm when pushing it.”<br />

E64<br />

Endnotes

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