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Ethnic Marketing - Theory, Practice and Entrepreneurship (Hardcover)
Loot Price: R3,877
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Ethnic Marketing - Theory, Practice and Entrepreneurship (Hardcover)
Series: Routledge Studies in Marketing
Expected to ship within 12 - 17 working days
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Together with the development of transformative technologies that
epitomize globalization, the ongoing movements of people across
borders and other socio-economic pressures are creating a
fast-changing business environment that is difficult for business
to understand, let alone control. Dominant social expectations that
immigrants should seek to adopt an assimilationist socialization
path towards the host country's mainstream are contradicted by
minority ethnic group resilience. There is no evidence that these
groups naturally disappear within the cultural and behavioural
contexts of their adopted countries. Since ethnic minority
consumers cannot be expected to assimilate, then they maintain some
significant degree of unique ethnicity related consumer
characteristics that convert into threats and opportunities for
business. The inherent socialisation process also provides
opportunities for ethnic entrepreneurship and for proliferation of
ethnic minority business. Following from the extensive examination
of scholarly perspectives of ethnic marketing theory, there is an
acknowledged and marked divide between theoretical exhortations and
what is done in practice, a relative oversight of the implications
of mixed embedded markets, and a propinquity to overlook the
crucial role played by ethnic entrepreneurship and ethnic networks.
Opportunity valuations are difficult to enact due to a lack of
intelligence about ethnic markets. Variable sentiment about the
future of ethnic marketing links to different predictions on how
the drivers of globalization will impact on the acculturation paths
of ethnic minorities. Keeping a focus on the ethnic group as the
unit of analysis, combining ethnic marketing and ethnic
entrepreneurship theories provides intelligence about contemporary
ethnic marketing and practice perspectives. The ultimate objective
is to reduce the theory-practice divide through the development of
a collaborative framework between business and scholars that
converts into theory-in-use.
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