<span>Grit is known as the doggedly persistent drive that is often necessary for successful accomplishments
The definition of grit firmness of mind or spirit :unyielding courage in the face of hardship or danger managed to survive by his grit and guile.</span>
Answer:
Rivalry among existing competitor
Explanation:
Porter has given five forces that can shape or manage any type of industry. These forces help the industry to find its strengths and weakness. If someone wants to grow their industry then should know about these five forces that help in identifying industry structure and determine the corporate strategy. These strategy used in any segment to know the benefits and losses of the industry. The name was given after Michael E. Porter.
<u>Five forces are there:
</u>
- competition in the industry.
- Potential of new product in the industry
- Supply powers
- The threat of the substitutes
- Depend on customer power
When considering the four ps in international marketing, advocates of standardization focus on the similarities among cultures and argue that basic needs and wants are the same everywhere.
<h3>what is international marketing ?</h3>
International marketing is defined as the activity which is related to the sale of goods and provide services of one country in the other and it is subjected to the rules and regulations framed by the concerned countries concerned.
The Scope of marketing involves Establishing, Joint Ventures and Collaboration, Licensing Arrangements, Consultancy Services and exporting of goods and services in foreign markets.
For more details regarding international marketing , visit:
brainly.com/question/28425445
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Christendom's penetration of the New World started after defeating Grenada, Isabella and Ferdinand. He wanted to start spreading Christianity everywhere so he wanted to start off with China
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