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Managing local brands in facing challenges of globalization: Be a local or global leader?

机译:在面对全球化挑战时管理本地品牌:是本地还是全球领导者?

摘要

This article is resulting from literature review with in mind after taking into consideration all previous studies in regard to branding issue. All views and advice from academicians and practitioners are modified to fit with local issue. Domestic entrepreneurs are expected to be confronted by fierce competitions in the local markets after the arrival of regional free trade agreement in SEA countries also known as AFTA (Asean Free Trade Area). This situation further worsens by impact of globalization which indirectly influences their business performance. As entrepreneurs from developing country it is challenging to compete with global players that are well-established. Therefore, the discussion of this working paper concentrates on the issue of branding which guides local entrepreneurs to manage brand more effectively. Finally, the framework on strategic branding for local players will be discussed more detailed.
机译:本文是在考虑到所有先前有关品牌问题的研究后,根据文学评论而得出的。修改了院士和从业人员的所有观点和建议,以适应当地问题。在东南亚自由贸易区(东盟自由贸易区)达成区域自由贸易协定后,预计国内企业家将在本地市场面临激烈的竞争。全球化的影响进一步恶化了这种情况,而全球化的影响间接影响了他们的业务绩效。作为来自发展中国家的企业家,与行之有效的全球参与者竞争具有挑战性。因此,本工作文件的讨论集中在品牌问题上,该问题指导当地企业家更有效地管理品牌。最后,将更详细地讨论针对本地参与者的战略品牌框架。

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