BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not a benefit to entering international markets?
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Differences in demographics
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Enhanced brand image
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Diversification
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Larger markets
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Explanation:
Detailed explanation-1: -The correct option is C Creation of monopoly power.
Detailed explanation-2: -Inventory is not a function of marketing. Q. Services like international travel and tourism, transportation, banking, storage and warehousing, and advertising come under the umbrella of international trade in services.
Detailed explanation-3: -Limited presence in foreign markets is not an advantage of exporting.
Detailed explanation-4: -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.
There is 1 question to complete.