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bija089 [108]
2 years ago
5

What two trends in the past decade have significantly influenced global marketing?

Business
1 answer:
SOVA2 [1]2 years ago
4 0

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.

Learn more here:

brainly.com/question/1528741

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Minchanka [31]

Answer:

Cost advantage.

Explanation:

In this scenario, Sweetmeats Inc., a deli, produces its own grains, such as corn, wheat, rice, and oats. The employees create different types of breads without having to buy the grains from other sources. This has helped them sell their bread items to customers at much lower prices than other neighboring delis. This scenario best illustrates a cost advantage.

Cost advantage can be defined as the factors, benefits or edge which an organization has to produce its goods and services at a cheaper rate and better quality, over its competitors or rivals in the same industry. Some of these factors include availability of raw materials, branding, skillful workforce, intellectual property, quality distribution channels, favorable location, great customer services, superior technology, etc.

6 0
3 years ago
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Goryan [66]
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3 0
3 years ago
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Juliette [100K]

Answer: Bandwagon

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5 0
3 years ago
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vladimir1956 [14]

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<h3>What are analytical skills?</h3>

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They include skills such as curiosity, data design, data strategy, and an ability to understand context. These allow a person to look at data, and understand what to do with it.

In conclusion, option D is correct.

Find out more on data drive decisions at brainly.com/question/26064077.

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2 years ago
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