The two trends that influenced global marketing in the last decade were:
- Formal economic integration.
- Free trade between nations.
Global marketing can be defined as a management strategy for organizations that also market their products and services in foreign countries.
Globalization has enabled formal economic integration and free trade between nations, and has created the possibility for companies to increase their profitability and market share.
As an example, we can mention the fast-food chain <em>Mc Donalds,</em> which has a presence almost all over the world, but which adapts its burgers according to local habits.
Therefore, a global company must adopt global marketing, that is, adapt to local customs, culture and preferences for the business to be successful.
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<span>Budgeting ...Accounting. ...Marketing. ...Sales. ...Hiring Employees. ...Customer Service. Maybe!</span>
Answer:
The answer is 4. licensing
Explanation:
Licensing is a agreement in which a business allows a foreign firm to produce its goods or services or use its brand or design or use it patent for a fee. It is a marketing strategy.
In this question, Sodima(a French company) produces Yoplait. Sodima allows General Mills(in United States) to sell its Yoplait in the United States for a fee.
It is known as licensing.
Answer:
System of Administered vertical marketing
Explanation:
Vertical marketing system is the system of cooperation among the several levels of the distributed channel. In this system, the members work together in order to promote the efficiency as well as economies of scale in the direction products are promoted to the end users.
Administered Vertical Marketing System is the one of the kind of vertical marketing system, which is a system that is coordinated among the distribution channel organisation, in that the flow of products from producer to the customer is controlled through size and power of one member of the system.
So, in this case, dominant member has the power of controlling the store. Therefore, it states the example of administered vertical marketing system.
Here are my workings:
The answer would be= 1250/11 OR 113.6363636
I hope it helped you!
