International economics is concerned with the effects upon economic activity of international differences in productive resources and consumer preferences and the institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and migration.
Monday, February 8, 2010
Oreo Odyssey
With Kraft's recent acquisition of Cadbury (take a visit, it's fun), will all the world love the Oreo, especially in emerging and other international markets Kraft is not in?
Cadbury gives Kraft an entrance without the expense (sans, of course, the acquisition itself) of breaking into such markets on its own. They might have to do a little tweaking (called adaptation) of the Oreo ingredients to meet the taste buds of consumers in markets they select to enter.
Read more here.
Also, refer to our post May 5, 2008, "Reformulating the Oreo to Sell to the World." Looks like they anticipated what was ahead.
Photo: Kraft Foods, Oreo (U.S.A.) and Oreo (China)
Labels:
Cadbury,
Kraft,
Oreo,
Oreo Odyssey,
sell to the world
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