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WorksheetsInternational Marketing
Total questions: 8
Worksheet time: 5mins
THIS IS ONE WAY TO ENTRY INTO INTERNATIONAL MARKETS
EXPORTING
JOIN ADVENTURES
IMPORTING
ONE OF THE OPPORTUNITIES OF INTERNATIONAL MARKETS
Potential to increase profits through rapid sales
High levels of competition from national producers
growth of multinational businesses
CULTURAL DIFFERENCES
lower unit costs of production
conflict with those of the home market
Different values and ideologies
THREATS OF THE INTERNATIONAL MARKETING
The company has grown profitably because the products
Yogen Früz
freer movement of workers between countries.
Differences in consumer needs and wants
THE FIRST WAY OF ENTRY TO THE INTERNATIONAL MARKETING MENTIONED
(a)
IMPLICATIONS OF GLOBALIZATION IN INTERNATIONAL MARKETING
High levels of competition from national producers
growth of multinational businesses in all countries as there is greater freedom for
capital to be invested from one country to another
increased international trade as barriers to trade are reduced
Differences exist in the legal environment,
ADVANTAGES OF PAN-GLOBAL MARKETING
Legal restrictions
A common identity for the product can be established.
Brand names do not always translate effectively into other languages.
BENEFITS OF GLOBAL LOCALISATION
There is no attempt to impose foreign brands, products or advertisements on regional markets.
There will be additional costs of adapting products, advertisements, store layouts,
The scope for economies of scale is reduced.
