ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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at high prices.
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at competitive prices.
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that utilize technology.
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for children.
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Detailed explanation-1: -The success of your entire global marketing strategy relies on your ability to communicate between your marketing teams. This will come from the top down, as corporate clarifies roles and responsibilities, and allocates budget to various regional teams.
Detailed explanation-2: -Take Advantage of Advertising (Both Online and Offline) The best ones include: Run a newspaper display ad in the local newspaper. Advertise using online PPC, display, and banner ads. Invest in sponsored social media ad campaigns or run banner ads on Facebook.
Detailed explanation-3: -A global marketing strategy (GMS) is a strategy that encompasses countries from several different regions in the world and aims at coordinating a company’s marketing efforts in markets in these countries. A GMS does not necessarily cover all countries but it should apply across several regions.
Detailed explanation-4: -Conducting market research. Getting a first-hand understanding and judgment of your potential markets is crucial. Assemble a team. Create your marketing plan. Localize your brand message. Tweak and improve. 11-May-2022