BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Legal differences
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Time zone differences
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Cultural differences
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Differences in business practices
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Detailed explanation-1: -These factors include cultural and social influences, legal issues, demographics, and political conditions, as well as changes in the natural environment and technology.
Detailed explanation-2: -Domestic marketing is when commercialization of goods and services are limited to the home country only. On the other hand, International marketing, as the name suggests, is the type of marketing which is stretched across several countries in the world, i.e. the marketing of products and services is done globally.
Detailed explanation-3: -Why is international marketing important? International marketing is important because it opens your business to larger, international audiences. On a brand level, international marketing is an opportunity for wider exposure, product awareness, and increased sales.