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Sony Ericsson In 2001 telecommunications leader Ericsson and the Sony Corporation joined forces to establish Sony Ericsson Mobile Communications Because of this joint venture Sony Ericsson recognized sales of over seven billion dollars in the first year This was mainly because the combined mobile phone business company now offered a range of mobile communication products that went far beyond the simple mobile phone technology of its time Marketing Marketing more than any other business function deals with customers Creating customer value and satisfaction is at the very heart of modern marketing Marketing is the delivery of customer satisfaction at a profit Sound marketing is critical to the success of every organization--large or small for profit or non-profit domestic or global Large for-profit firms such as Sony use marketing This is where globalization technology and ethics come into play Global Marketing The world is shrinking rapidly with the advent of faster communication transportation and financial flows Products developed in one country are finding enthusiastic acceptance in other countries In fact international trade is booming Since 1969 the number of multinational corporations in the worlds fourteen richest countries has more than tripled According to Business Week written by Gail Edmondson many US companies have long been successful at international marketing Coca-Cola McDonalds IBM Xerox Corning Gillette Colgate General Electric Caterpillar Ford Kodak 3M Boeing and dozens of other American firms have made the world their market And in the United States names such as Sony Toyota Norelco and Mercedes have become household words Edmondson G 2000 Globalization has become the increasing tendency of the world to act as one market Technological advances in travel and communications are the driving force behind market globalization For instance new communication technologies such as the ones offered by Sony Ericsson allow people andor teams from all over the world to work on projects and share information without leaving their desks At the same time advanced technologies allow manufacturers to
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