One truth about promotion is that it raises prices. Indicate ...

[tfester]

One truth about promotion is that it raises prices.
 
 Indicate whether the statement is true or false

Question 2

Explain why the modes of entry into an international market are a major issue for managers to consider.

[billybob123]

Answer to Question 1

False

Answer to Question 2

Marketers enter international markets and continue to engage in marketing activities at several levels of international involvement. Traditionally, firms have adopted one of four different modes of entering an international market; each successive stage represents different degrees of international involvement.
 Stage 1: No regular export activities

 Stage 2: Export via independent representatives (agents)

 Stage 3: Establishment of one or more sales subsidiaries internationally

 Stage 4: Establishment of international production/manufacturing facilities

Companies' international involvement covers a wide spectrum, from purely domestic marketing to global marketing. Domestic marketing involves marketing strategies aimed at markets within the home country; at the other extreme, global marketing entails developing marketing strategies for the entire world (or at least more than one major region of the world). Many firms with an international presence start out as small companies serving local and regional domestic markets and expand to national markets before considering opportunities in foreign markets (the born global firm is one exception to this internationalizatio n process). Limited exporting may occur even if a firm makes little or no effort to obtain foreign sales. Foreign buyers may seek out the company and/or its products, or a distributor may discover the firm's products and export them. The level of commitment to international marketing is a major variable in global marketing strategies.

[tfester]

Correct answers!

[billybob123]

Great! Please up vote