Martinetti approach to market the acquisition

Assignment Help Other Subject
Reference no: EM13797288

To extend its international presence, Martinetti International has formed an expansion strategy focused on acquiring other like enterprises outside the European region. Martinetti, a subsidiary of a publicly owned parent company, is based in Rome where it enjoys an established brand name and superb reputation. As part of Martinetti's globalization strategy, it has acquired Sand Coast Resort Group located in the heart of Chinatown, Singapore. Both hotel enterprises share common business values and excellent reputations, and offer high-end luxury accommodations for the local businessman and international traveler. The acquisition offers Martinetti ownership of the Sand Coast brand, trademarks, and contracts for the 9 Sand Coast hotel holdings. With this acquisition, Martinetti gains a footprint in Southeast Asia and expands its holdings 27 percent. Sand Coast has strong brand recognition in the region and has a portfolio that includes both hospitality services and travel agencies. Martinetti, a cross-culture organization, is comprised of approximately 65 percent Italian employees with the remaining representing 7 other countries and languages. San Coast also has a cross-cultural workforce with 88 percent being Singaporean of Chinese, Malay, and Indian ethnicity. Chinese is the official language.

As a member of the Martinetti management team, you have been selected to meet with the Sand Coast Resort leadership team to discuss Martinetti's approach to market the acquisition in both countries. Your task is to convince the Sand Coast team that Martinelli has a sound strategic communications plan. Please discuss the promotional goals and cultural factors you would discuss with Sand Coast and what aspects of the recommended promotional strategy you would address.

Reference no: EM13797288

Questions Cloud

Type of personal experiene : Why he or she decided to join. What type of personal experiene the individual had in the military?
Explain the various thermodynamic principles : Explain the various thermodynamic principles behind solar refrigeration (Such as 1St law of thermodynamics, 2nd law of thermodynamics...) with equations
Formulate and solve a linear programming model : Formulate and solve a linear programming model. What would be the effect on the optimal solution if the store could secure a 9% interest rate for a 6-month loan from another bank
Worldview play in the creation of public policy : well-supported analysis of a fundamental question: What role does religion, morality, and worldview play in the creation of public policy?
Martinetti approach to market the acquisition : Your task is to convince the Sand Coast team that Martinelli has a sound strategic communications plan. Please discuss the promotional goals and cultural factors you would discuss with Sand Coast and what aspects of the recommended promotional str..
Implementation of the iom future of nursing : What barriers to advancement currently exist in your state? How can nursing advocates in your state overcome these barriers?
How ethics affect current business decisions : How many major wireless phone handset manufacturers are there? What is the market structure? What pricing strategies do wireless phone handset manufacturers use? How do wireless phone makers attempt to differentiate their handset offerings?
Write a short paragraph on your experience with smarthinking : Write a short paragraph on your experience with Smarthinking. What did you like or dislike about it? Was it helpful?
Charge of public diplomacy at the state department : Assume you are in charge of public diplomacy at the State Department. What recommendations would you offer to make public diplomacy more effective?

Reviews

Write a Review

Other Subject Questions & Answers

  Narcoterror-policy distinction between the war on terror

The US makes a clear policy distinction between the War on Terror, which is really a war to counter violent Islamist extremism and the War on Drugs being prosecuted in South America. Is this distinction valid and it is useful for a policy framework?

  Explain the role of the kinetoscope during the period of

explain the role of the kinetoscope during the period of cinemas invention. how did the kinetoscope modify the

  Anatomical structures in the nervous system

List the general steps of a reflex pathway, including the anatomical structures in the nervous system that correspond to each step.

  What is real and how do we know what is real

Which answer Plato and Aristotle give to these questions: What is real And How do we know what is real? How would Aristotle explain what it is to be human?

  Adopt the balanced scorecard

The President of SAC has decided to adopt the Balanced Scorecard. You received an e-mail from him asking about tying compensation with performance measures.

  Internal and external-operational communication

Is the ability to communicate more important to the successful performance of a supervisor than to the successful performance of a company president?

  Analysis of transference

The process of helping clients gain mastery of their unconscious conflicts through techniques such as the analysis of transference is called

  Concept of hero and saint in emergence of romanticism

Analyze the changes in the concept of hero and saint in the emergence of Romanticism (St. Francis and Dante), the agony and ecstasy of Michelangelo, Enlightenment patterns of cultural mutation, and Kierkegaard's portrayal of Abraham. How do these cha..

  In the textbook you read about prosocial lies and

in the textbook you read about prosocial lies and antisocial lies. in the case of prosocial lies parents and caregivers

  How does cognitive psychology assist you to understand

how does cognitive psychology help you to understand memory? how can the accuracy of memory be affected by cognitive

  What do each of you understand the term law

Students each of you have an opinion of what the 'law' is or what function the 'law' plays in everyday society. What do each of you understand the term 'law' to be and what do you think the functions of the 'law' are?

  Foundation of cognitive science

Describe one of the main implications of this supposition in terms of its effect on scientific communication?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd