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THE BIG PICTURE
STRATEGY: MARKETING is an action plan, identify potential opportunities for growth and
potential threats.
The factors that the company must consider during the development of a strategic plan are:
• Current sales.
• Economic forecasts.
• Competitors.
• Human and financial resources.
• Fashion and trends.
• Technology.
• Product development.
NIKE’S GODDESS
Nike was considered for a long time a masculine company. But John Hoke and the vice
president Mindy Grossman things changed: the first Nike Goddess store, thinking that its real
power was to change minds inside the company.
• How to sell to women: Nike Goddess store had a comforting woman environment.
• How to design for women: they had to redesign the shoes and clothes to fit women’s
necessities.
• How to talk to woman: they shouldn’t talk to women through gender, and they had to
redefine a re-energise their complete brand around a market that was taking off.
GENERAL CONTENT: the development of a strategy to increase sales to women costumers
Nike wants to develop new styles and colours for women and this is changing mind inside the
company.
THE MESSAGE: the organization of good strategy can permit the full potential of a company
make great economic benefits.
BREAKING INTO A NEW MARKET
In 90s Mario Moretti Polegato created a special membrane that could be used in shoes to
prevent perspiration. He set up his company with few employees. Now it’s a very important
company.
S.W.O.T.: SWOT analysis is a structured planning method used to evaluate the strength,
weaknesses, opportunities and threats involved in a project or in a business.
S: STRENGTH: characteristic of a business,
W: WEEKNESS: disadvantageous position compares to others.
O: OPPORTUNITIES: external choices to improve performances.
T: THREATS: external elements that could cause problems.
UNIT 4 – PAY
PHOTO: the figure represents a company manager, even if what you see is a fat cat whit a
cigar in its mouth. The “cat” is represented fat because his size is equal to the big pay, he gets.
BECAUSE I’M WORTH IT
CEOs and top senior executives are something identified to as “fat cat” because the giant pay
packages and rewards, they are offered.
“GOLDEN PARACHUTRE” or very severance deal.
They salaries are negotiated by remuneration committees and voted by shareholders.
GENERAL CONTENT: bosses are overpaid, regardless of the way in which they work.
THE MESSAGE: bosses paid themselves more or less whatever they like.
A CONTROVERSIAL COURT CASE
Cantor Fitzgerald appeared back in the news in Britain because one of his staff has taken him
to court for breach of contract. Mr. Honkulak claimed that his boss Lee Amaitis threatened to
sack him, and it caused him so much stress that he started to drink and take medication.
Honkulak finally left the company and asked for £1million compensation. The judge awarded
Mr. Honkulak £1million saying that there are limits beyond which no employer should go.
UNIT 5 – DEVELOPMENT
PHOTO: the photo shows a forest clearing.
PROSPERITY OR PRESERVATION?
Loans from international organizations permit governments to exploit their natural resources
and to invest in construction projects and industrial facilities.
Environmentalists oppose development which produces pollution and endangers the health of
local people.
GAS FOR PERY VS GREEN IMPERIALISM
Natural gas project from Amazon Jungle which should turn Peru from an importer to an
exporter. Camisea has a huge gas reserve. The environmentalist claim that the project
threatens tribes of amazon, rare species and the rainforest, the export terminals would
endanger the marine reserve at Paracas. But Camisea’s defenders project will bring huge
benefits.
DBI: Inter-American Development Bank.
UNIT 6 – MARKETING
PHOTO: in the picture we can see a yacht which symbolizes the social status of people who
possess it.
SEDUCING THE MASSES
The marketing mis included the four Ps:
• PRODUCT: the features of the good sold.
• PLACE: where the product is sold.
• PRICE: appropriate market price.
• PROMOTION: the advertising of the product.
MONEY CAN BUY YOU LOVE
They force people to look alike, eat alike and be alike. In the new global economy brands
represent a huge portion of the value of the company.
In the past. Companies created their image using logos that represented them and indicated
the quality of their products.
Nowadays, consumers have more media to choose from. The new marketing approach is to
develop a brand and not a product,
In the past the most important thing of the commerce was the product, nowadays is the
customer.
Some years ago, companies try to convince the costumers to buy their products, buy now
companies try to inspirate the costumers, in fact, they often appeal to emotions, so they
manipulate people to buy some product brands that become a status symbol.
THAT LITTLE VOICE IN YOUR HEAD
Marketers believe that the audio technology will have far greater effect in sales. And nowadays
the most used every social media.
UNIT 7 – OUTSOURCING
PHOTO: at the picture are many migratory birds that carry people. They are workers,
managers or simple employees that for the need of the market are forced to emigrate in
developing countries where labour cost is lower.
THE GREAT JOB MIGRATION
OUTSOURCING: transferring business process to outside suppliers and services providers.
OFSHORING: it is a new form of outsourcing where business relocate back-office operations
in overseas where labour costs are lower.
The one way to reduce operating costs is represented by OUTSOUCING.
THE NEW GLOBAL SHIFT
The reason for corporate downsizings is that one third of the job in a company is done in
countries where work costs less.
Globalization’s next step is to reshape the global economy.
It could happen in some steps:
• The first consists in the transfer of manufacturing jobs to economical developing
countries.
• The second consists in simple service works avoid highly cost countries, like processing
credit card receipts and digital labour.
GENERAL CONTENT: globalization has made available new markets and at the same time
increase the competitiveness between companies. Many business to save on production cost
relocate their business abroad, or dismissing and reducing staff, recurring staff abroad.
THE MESSAGE: the globalization shifting the global economy.
UNIT 8 – FINANCE
THE BOTTOM LINE
Huge losses experienced by investors and employees due to mismanagement and
irregularities in financial reporting have led to a demand for stricter corporate governance.
EUROPE’S ENRON
The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron
Corporation, an American energy company, and the facto dissolution of Arthur Andersen, which
was one of the five largest audit and accountancy partnerships in the world.
Most firms that buy in bulk get discount from suppliers.
UNIT 10 – COUNTERFEITING
PHOTO: the image shows many Winnie the Pooh’s on the sidewalk that are collected by some
people.
THE GLOBALIZATION OF DEFICIT
Counterfeiters ignore patents, which protect intellectual property, copyright and trademarks, by
producing cheap copies or fakes of branded goods.
The music industry in particular claims to be losing millions because of file sharing systems
which allow the downloading of music free of charge.
IMITATING PROPERTY IS THEFT
To most people, counterfeiting means forged currency, but counterfeiters are copying an ever-
widening range of product. For some time, they have been copying medicines, mobile phones,
food and drink, car parts and even tabacco.
Such rights are legally covered by patents, copyright, trademarks and other forms of
intellectual property protection.
Internet has been a great help to counterfeiters, giving them detailed information about goods
to copy and allowing them to link consumers and suppliers with case.
One strategy that companies use is to load their vulnerable products with anti-counterfeiting
features.
UNIT 11 – MARKETS
PHOTO: the image shows many products that come out of the computers and that represents
the new type of commerce: e-commerce. In this way companies can sell directly to consumers.
THE PEOPLE’S COMPANY
The marketplace brings together the buyer and sellers of goods and services and provides a
framework for negotiation and price setting.
The price at which goods and services are exchanged on a market fluctuates with supply and
demand.
GOING, GOING, GONE?
The layout shows the colours of the eBay logo. eBay is the online auction site. It is used by a
lot of people to buy and sell whatever type of goods.
The text explains the threats to the developing business, how eBay became popular and about
the different things you can buy on it.
The Feedback Forum is a rating system that makes it easy for buyers and sellers to grade
each transaction and positive rating translate to more sales.
The only threat that could deduce its success is the growing participation of large commercial
sellers.
UNIT 12 – LOBBIES
PHOTO: in the picture there is Bono, he is a singer, that is giving a speech to motivate people
on the issue of economic debts of developing countries. This problem loads many children to
die for lack of care.
FINDING A VOICE
Organization such as: CHARITIES, PRESSURE GROUPS and INDUSTRY GROUPS lobby
government or companies to provide them to introduce or change polices.
They can use:
• Demonstrations.
• Petitions.
• Litigations.
• Boycotts.
• Celebrities.
OF CELEBRITIES, CHARITY AND TRADE
A number of organizations now recognize that trade between developed and less developed
economies allows poorer countries to improve their economies and number of charity have
also noticed that north-south trade isn’t always exploitative.
A strategy used by politicians to attract voters’ attention is the use of celebrities. This tactic has
been used during the Jubilee 2000 campaign for debt relief in which Bono and other celebrities
persuades a record number of people to sign a petition.
The solve the problem there are two possible ways to help economy of developing countries:
• FAIR TRADE a movement which promotes fairer trading conditions for developing
countries.
• MICROCREDIT given for those who cannot give the normal guarantees required by
banks.
THE NEW NETWORKED LOBBIES
The internet has provided an essential tool in organizing various group of companies.
Poor countries need to tear down duties and the public debt. A lot of organizations had to use
violent and aggressive tactics.
PREASSURE GROUPS
LOBBIES: organized groups that makes pressure on other group