A global marketing strategy refers to a marketing strategy used by a firm or a company to be able to compete worldwide. This is used to promote or market its products or services worldwide. This strategy is taken in response to the different international trading aspects and global market conditions.
A global marketing strategy refers to the plan or approach that a company uses to market its products or services internationally.
A global marketing strategy refers to the plan or approach that a company uses to market its products or services internationally. It involves developing a consistent marketing message while considering the cultural, economic, and legal differences in different markets. For example, a global marketing strategy might involve adapting advertisements, packaging, and pricing to suit the preferences and regulations of different countries.
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b. Rare
c. Additional
d. Boundaries
Pump priming is an action taken by the government to stimulate the economy through government spending, interest rate and tax reduction. This is usually done during recession. It is assumed to stimulate private spending thru government spending that could lead to economic expansion.
b. production possibilities.
c. elasticity.
d. slope.
Characteristics of a market with perfect competition is,
Many buyers and vendors: In a market that is totally competitive, multiple buyers and sellers, but none of them can affect the product's price. Products supplied in a market are all homogeneous, meaning they are all the same or very similar.
Perfect information: In an equilibrium price, all market participants have similar capabilities about the market, particularly product costs, standards, and availability.
No entrance or exit barriers: In a market with perfect competition, new firms can enter the market with ease and evolving firms can depart the market with ease and without incurring major expenses, buyers and sellers have little power to alter prices.
Characteristics not of a market with perfect competition:
Lack of product differentiation is necessary for perfect competition. Companies operating in other market configurations may distinguish their goods through distinctive branding or design elements.
Market power is absent . Organizations may have some level of market government and be able to affect prices in various market arrangements.
Long-term balance: Perfect competition results in long-term economic profits for businesses of zero. With alternative market configurations, businesses may experience long term economic gains.
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b. Job satisfaction
c. Communication
d. Customer service
the answer is C. communication