Marketing

What is marketing? Define marketing and explain how marketing is often misunderstood. Expand on the potential that marketing has.

Public Relations and Culture

Today, world markets are the only markets, and translating materials is a commonplace task. In the future, PR departments should consider standard equipment that translates words and phrases into any language.

Post your responses to the following:

Describe a situation you can envision in which a public relations campaign may do well in one culture but not in another. Be specific.

What misunderstandings may occur when presenting messages to different cultures, and why might they occur?

What will you do to avoid embarrassing cultural PR mistakes when conducting global or cross-cultural campaigns?

Explain how organizational culture could affect the failure or success of a joint venture or strategic alliance between two companies.

One of the challenges facing companies involve in joint venture is adapting to a new organizational culture. There are some examples, like the Time/Warner joint venture, where at some point both companies realized it would not work. This will be the subject for discussion.

Please respond to all of the following prompts:

Explain how organizational culture could affect the failure or success of a joint venture or strategic alliance between two companies.

Development and Economic Stability.

Various theories are put forth on why some countries are rich and some countries are poor. Each theory tries to explain the issues of development and how a country can possibly achieve economic stability.

Please respond to all of the following prompts:

Using any of the theoretical approaches to development, explain why the US has achieved economic development while its neighbor, Mexico, has continued to struggle and has lagged behind.