Religion and international product policiesProduct and religions: business strategies, marketing decisions, global operations
The relationship between religion and Global Product Policy is a complex issue that involves the influence of religious beliefs on business strategies, Marketing decisions, and the global operations of companies. Influence of religion on product policies Cultural and religious adaptation: Companies must adapt their products to the religious beliefs and practices of their target markets to ensure acceptance. For example, dietary restrictions (such as Halal in Islam or Kosher in Judaism) influence the design, production, and marketing of food products
For example, dietary restrictions (such as Halal in Islam or Kosher in Judaism) influence the design, production, and marketing of food products. Ethical and moral standards: Religions often establish ethical principles that affect business practices, such as the prohibition of interest in Islamic finance (riba), which requires companies to design alternative financial products for Muslim markets. This approach, also known as Faith-based Marketing, focuses on meeting the needs of religious consumers through products that respect their beliefs. For example, the development of Halal brands or products targeted at Christian communities. Nestlé, one of the world's largest food and beverage companies, operates in more than 190 countries, many of which have significant Muslim populations. In Islam, foods must comply with Halal standards, which prohibit the consumption of certain ingredients (such as pork or alcohol) and require specific slaughtering and processing methods. To capture this market, which represents approximately 24% of the world's population (close to 1.9 billion people), Nestlé has implemented product policies tailored to the religious needs of Muslim consumers. Principles of a model of global ethics: Holidays and religious calendars: Religious holidays, such as Ramadan or Christmas, influence production, distribution, and marketing cycles, as consumption patterns vary during these periods. Religion plays a significant role in international product policies, influencing the design, marketing, and Distribution of goods and services. Successful companies in global markets must investigate and respect their consumers' religious beliefs, adapting their products and marketing strategies to align with local cultural and ethical norms. Religious sensitivity not only prevents conflict but can also be a competitive advantage by building consumer trust and loyalty.
The subject «Religion and international product policies» is included within the curriculum of the following academic programs at EENI Global Business School: Masters: Religions & Business, Master: International Business
Doctorate: Ethics, Religions & Business, World Trade
Languages: (c) EENI Global Business School (1995-2025)
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