This topic contains a solution. Click here to go to the answer

Author Question: Why is international marketing important to the growth of global and domestic ... (Read 127 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
Why is international marketing important to the growth of global and domestic companies?

Question 2

_____ is the application of the scientific method in searching for the truth about business phenomena.
 a. Management
  b. Business
  c. Business Research
  d. Science



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bob

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

International marketing consists of the activity, institutions, and processes across national borders that create, communicate, deliver, and exchange offerings that have value for stakeholders and society. Global linkages have made possible investment strategies and marketing alternatives that offer tremendous opportunities for companies. To benefit from the opportunities and deal with the adversities of international trade, firms need to prepare themselves and develop active responses, envision new strategies, make new plans, and change the way of doing business.

The growth of global business activities offers increased opportunities. By transferring knowledge around the globe, an international firm can build and strengthen its competitive position. Firms that heavily depend on long production runs can expand their activities far beyond their domestic markets and benefit from reaching many more customers. Market saturation can be avoided by lengthening or rejuvenating product life cycles in other countries. Cooperative agreements can be formed that enable all parties to bring their major strengths to the table and emerge with better products, services, and ideas.

Answer to Question 2

C




sheilaspns

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Gracias!


abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

For a complete list of videos, visit our video library