Author Question: International marketers look to expand into new product-markets in three different directions. Name ... (Read 78 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
International marketers look to expand into new product-markets in three different directions. Name them.

Question 2

Distinguish between direct and indirect competition.



tranoy

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

The three directions are new markets, product expansion, and new technology.

Answer to Question 2

Direct competition refers to competitors working within the same industry. Indirect competition comes from the sale of products that provide similar benefits.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

For a complete list of videos, visit our video library