After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
<h3>What is global market?</h3>
Global market involves planning, producing, placing, and promoting a business' products or services in the worldwide market.
It is not limited to specific geographic locations but rather involves the exchange of good, services, and labor anywhere.
Examples of global markets are :
- Fast-moving consumer goods
- Clothing
- Automobiles
- Banking,
- Fast food companies
Hence, a firm will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
Learn more about global market here : brainly.com/question/20860719
Answer:
360-degree feedback system
Explanation:
360-degree feedback system is a process through which feedback from an employee's subordinates, colleagues, and supervisor(s), as well as a self-evaluation by the employee themselves is gathered.
The answer is intrinsically motivated.
Kevin prefers to study by himself, for his own sake and purposes. He is not motivated to learn to seek other people’s approval – he studies because he enjoys what he’s learning and it brings him pleasure. He’s not mentally ill – a lot of people do things for their own enjoyment not because it would make people look him in awe.
Answer:
the tendency for managers to focus on immediate performance objectives at the expense of longer-term strategic objectives.
Explanation:
Short-termism is defined as the tendency for managers to focus on immediate performance objectives at the expense of longer-term strategic objectives.
Under Short-termism, managers of businesses or organizations gives so much priority to quick profits.
