BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Companies with only domestic markets have been able to sustain their customary rates of growth.
|
|
|
Multinational companies are making more profits from their domestic operations compared to their earnings from the foreign markets.
|
|
|
Only multinational companies with large production facilities have succeeded in the international markets.
|
|
|
The domestic companies have reduced their manufacturing employment more than the US multinationals.
|
|
|
Multinational manufacturing companies in all industries and sizes have outperformed their domestic counterparts.
|
Detailed explanation-1: -The correct answer is option 4) Multinational manufacturing companies in all industries and sizes have outperformed the domestic counter parts. Step 1) Meaning of globalisation: Globalisation refers to the process of spreading of products, technolo…
Detailed explanation-2: -Such elements as political and legal forces, economic climate, and competition are the three elements found in the domestic environment (uncontrollable).
Detailed explanation-3: -Which of the following is the most critical difference between domestic marketing and international marketing? The environment in which marketing plans must be implemented.
Detailed explanation-4: -Globalization encourages companies to internationalize and to substantially increase the volume and types of cross-border transactions in goods, services and capital. Also, the globalization leads to rapid dissemination and diffusion of products, technology and knowledge in the world, regardless of the origin.
Detailed explanation-5: -In domestic marketing, business operations are done in one country only. On the other hand, in international marketing, the business operations conducted in multiple countries.