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1、Section1:Q1:1a.Albahaschosentofocusexclusivelyonthepremiumspiritsmarketratherthanprovidinglesssuperibrs.Albafocusonthreebenefitsofpremiumspiritsfirstlyiseasiertobuildbridentity.Secondlygainmeprofits.Thirdlyishelpfultoach
2、ievegoals.Onlyfocusonpremiumpeoplehavethepotentialtocreateabridentityawareness.Albasproductsarepremiumproducts.Albaallowsbuyerstohavecognitivedifferentiatedproductsasasymboltoreflecttheirsocialclasssocialstatuswhichhelps
3、productpositioning.Getmeprofit.Albasproductsarehighprofitmarginsfluxurygoods.Thepricetheyselliscertainlymuchhigherthanitscost.ThisprovesthatAlbasearningsarehuge.Albafocusedontheexcellenceofthebrspiritistheeffectivenessim
4、plementationoftheobjectives.Itmakesstafftrainingmeconcentratedsothatthegoalcanberealizedmeclearly.Employeesareonlyconcernedabouttheircontributiongivefullplaytotheirskillsenthusiasmfthewk.Albafocusontwodisadvantagesofprem
5、iumspiritsaresufferhighrisksdismisssomeopptunities.Albatopremiumproductswithhighrisktoenterthemarket.Albaonlyacommodityratherthanadifferentkindofgoodsagainstthespreadofrisk.IfapolicyaimedatapremiumAlbawilltakeallthenegat
6、iveeffectsitwillnotgetanyprofit.InthiscaseinRussiaTurkeytherearerestrictionsontheadvertisingofhighendliqu.ThispolicywillreduceAlbaspersonalbrawarenessaswellasthedeclineinAlbasprofits.AnotherisAlbaveryprofessionalpremiums
7、piritsmaylosetheopptunity.Somecustomersaremewillingtobuydinaryspiritspremiumspiritisasmallnumberofpeopleschoice.Albawassofocuseddidnotconsiderthepeopleofallwalksoflife.Albamaysacrificesomeopptunitiesinthisrespect.1b.Anal
8、yzepotentialconflictsthatAlbamayencounterwhencodinatinggrowthwithitscpatesocialresponsibilitycommitments.Thefirstpointistheconflictofthesenseofsocialresponsibilitybusiness.Marketingpromotionwaybysocialresponsibilityconst
9、raints.NottounderagenotconducivetoimprovingtheadaptabilitycompetitivenessoftheinternationalmarketThirdcannotgetthedirectexperienceoftransnationalmarketingfourthitisdifficulttoestablishtheirownreputationintheinternational
10、market.InthecaseAlba’scebusinessisinitsexptmarketstherefefinancialresultsaregreatlyimpactedbyprevailingcurrencyrates.Albamanagesexchangerateriskthroughhedging.(Hedginginvolvesthereductionofriskthatrisesfromfuturemovement
11、sinanexchangerate.Managementgenerallyhedgesfadversemovementsonlyfexamplehighercostsreducedincome).2b.Albautilizesseveral’routetomarket’strategiestodistributeitsproductsincludingdirectroutesjointventures.Analysethepotenti
12、albenefitsdrawbacksofsuchstrategies.Albaentersthemarketusingdirectexptjointventurestrategydistributionproducts.Theadvantageofdirectexpttotheenterpriseisthatitcangraspthetrendoffeignmarketmequicklysoastoimprovetheproducts
13、improvetheadaptabilitycompetitivenessoftheproductstotheinternationalmarket.Thedisadvantageofthedirectexpttotheenterpriseisthatitincreasestheburdenofcapitalturnoverincreasestherisk.InthecaseintheUSAthelargestpremiumspirit
14、smarketinthewldAlbanowcontrolsitssalesmarketingdirectly.IthasalsobroadeneditscoveragewithintheUnitedSatesopeningregionalofficesinChicagoangeCountryMiami.SouthEastAsiaoffersexcellentprospectsfgrowthasaresultofincreasingdl
15、eclassconsumersfastgrowingeconomies.Advantagesofjointventuretolearnadapttothelocalobjectiveenvironmentbetterunderstingofthehostcountryseconomicpoliticalsocialculturalotherconditionshelpinveststomaketherightdecisions.Join
16、tventuredisadvantageduetodifferencesbetweenthetwosidesofthebusinessobjectivesideas.Intermsofmarketintentionssalesintentionsmaydifferinthelengthoftheinterestsofdifferentinvestsmaybedifficulttounify.InthecaseSouthEastAsia’
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