05 Apr Develop critical and analytical thinking necessary to overcome challenges and issues of marketing in the changing global environm
ning Outcomes:
- Develop critical and analytical thinking necessary to overcome challenges and issues of marketing in the changing global environment. (LO-3)
- Use effective and collaborative interpersonal skills to carry out scientific analysis of consumers’ needs and wants to formulate a marketing Plan. (LO-3)
Critical Thinking
- Choose a firm that currently manufactures and sells its products or services only in the KSA. Choose and defend a global entry strategy for the firm based on the discussion made in Chapter-8. (3 Marks) (Minimum 250 words)
- Put yourself in the position of an entrepreneur who is developing a new product to introduce into the market (a new backpack). Briefly describe the product and each component of its value proposition. (3 Marks) (Minimum 250 words)
- Suppose Domino’s wants to open a new restaurant. What are some secondary sources of information that might be used to conduct research on potential new locations? Describe how these sources might be used. Describe a method Domino’s could use to gather primary research on prospective locations. Do you think Domino’s should conduct the primary or secondary source research first? Why? (4 Marks) (Minimum 300 words)
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