All categories

2 years ago

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 Mc Donalds, 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

You might be interested in

Two types of value that are often contrasted are subjective value and: Group of answer choices A. inherent value B. reproduction

Ilia_Sergeevich [38]

Answer:

The correct answer is letter "C": objective value.

Explanation:

Subjective values are those provided by individuals based on their beliefs, perceptions, ideas, feelings, and reflections. Subjective values are biased. Objective values, on the other hand, are based on facts, statistics, evidence, and observations. Objective values are unbiased.

6 0

3 years ago

In its income statement for the year ended December 31, 2019, Sheridan Company reported the following condensed data. Operating

olga55 [171]

Answer&Explanation:

Net Income Statment for the Year Ended December 31,2019

Net sales 2,416,300

Cost of goods sold (1,334,200)

Gross Profit 1,082,100 Sales - COGS

Operating expenses (759,720)

Operating Income 292,380 Gross Profit - Operating Expenses

Interest revenue 29,970

Interest expense (71,270)

Loss on disposal of plant assets (15,910)

Other Income (57210)

Net income 235,170 Operating Income + Other income

Other comprehensive income 6,920.

Comprehensive Income 242,090 Net Income - OCI

6 0

3 years ago

Which of the following would shift the supply of dollars in the market for foreign-currency exchange of the open-economy macroec

avanturin [10]

Answer:

b. The expected rate of return on U.S. assets rises

Explanation:

An open economy is one that interacts freely with the other economies of the world, the one economy of the united states is very large and includes the imports and exports of huge quantity including the goods and services.

In an open economy, macroeconomic model assets are bought and supplied to the economy a this creating an outflow of the capital as more of the buying of the assets creates a net capital outflow leading to an increase of the expected rate of return of assets. As the country can spend more than it produces.

7 0

3 years ago

An individual who believes that an action is ethical because others within his or her company and industry regularly engage in t

GREYUIT [131]

probably a relativist

4 0

3 years ago

What countermeasure could it take to prevent the Congress from expanding the money supply? A. Increase regulations to prevent t

Vika [28.1K]

Answer:

B. Sell government securities to prevent the expansion of the money supply.

Explanation:

The federal reserve can expand the money supply by modifying the money supply and refers to the amounts of the finds the banks must hold against the deposits and thus by allowing the reserves needs the banks are able to load more money and increases the supply in the economy. Thus by selling the securities the banks can control the supply and interest rates and is called an open market.

7 0

3 years ago