MANAGEMENT

BUISENESS MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which presents the greatest challenge for U.S. companies when developing a plan to sell movies in foreign countries?
A
Language barrier in promotions
B
Cost of foreign monetary exchanges
C
Uncertainty about government policies
D
Lack of interest by foreign customers
Explanation: 

Detailed explanation-1: -Step 1: Identify the Problem The first step for any marketing research activity is to clearly identify and define the problem you are trying to solve. You start by stating the marketing or business problem you need to address and for which you need additional information to figure out a solution.

Detailed explanation-2: -what actions are important for marketers to take in order to be effective in the foreign market? learning to appreciate the intricacies of cultures different from their own.

Detailed explanation-3: -Define the Problem or Opportunity The most important part of the marketing research process is defining the problem. In order to do any research and collect data, you have to know what you are trying to learn from the research.

Detailed explanation-4: -Movie theaters can use marketing concept to keep customers coming back by being more involved with their customers. Movie theaters need an edge over things like TV subscriptions, so maybe movie theaters create things like polls to see what the public is wanting to see.

There is 1 question to complete.