Doing business in Libya: assessing the nature and effectiveness of international marketing programs in an evolving economy

Busnaina, I. and Woodall, T. ORCID: 0000-0002-8949-5577, 2015. Doing business in Libya: assessing the nature and effectiveness of international marketing programs in an evolving economy. International Business Review, 24 (5), pp. 781-797. ISSN 0969-5931

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Abstract

The aim of this paper is to investigate, in one emerging Arab economy (Libya), the strategic and tactical choices of MNE (multinational enterprise) domestic appliance brands and, also, the attitudes of local consumers towards those choices. Various choice characteristics are investigated - including marketing mix standardization/adaptation - and, also, country-of-origin brand (COB). To establish extant organizational choices, local representatives of four established brands were interviewed and survey responses from 609 consumer were analyzed. No statistically discernible relationship between standardization/adaptation choices and consumer attitude towards marketing programs was found, but the study identified one especially successful brand that appeared to owe its achievements to an especially holistic approach to marketing that demonstrated 'fit' with the market concerned. Coincidentally, findings also address the conventional country-of-origin wisdom, and this is investigated/speculated upon accordingly. This is one of few marketing studies concerning Libya, and it adds to the limited literature on an increasingly relevant region.

Item Type: Journal article
Publication Title: International Business Review
Creators: Busnaina, I. and Woodall, T.
Publisher: Elsevier
Date: October 2015
Volume: 24
Number: 5
ISSN: 0969-5931
Identifiers:
NumberType
10.1016/j.ibusrev.2015.02.002DOI
Divisions: Schools > Nottingham Business School
Depositing User: EPrints Services
Date Added: 09 Oct 2015 11:11
Last Modified: 07 Jul 2017 13:32
URI: http://irep.ntu.ac.uk/id/eprint/23988

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