GK
MARKETING MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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International markets
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Government markets
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Reseller markets
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Business markets
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Detailed explanation-1: -International Market: When the demand for the product is international and the goods are also traded internationally in bulk quantities, we call it an international market.
Detailed explanation-2: -A market is a place where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical like a retail outlet, or virtual like an e-retailer. Other examples include illegal markets, auction markets, and financial markets.
Detailed explanation-3: -market, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions.
Detailed explanation-4: -Many short-term investments are sold or converted to cash after a period of only three-12 months. Some common examples of short-term investments include CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills.
Detailed explanation-5: -Review your company. Take a careful look at your business to make sure you’re ready to expand internationally. Develop a market entry strategy. The next step is to develop a market entry strategy. Prepare and execute an export marketing plan.