MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Most countries have laws that restrict businesses marketing decisions. For example, in most countries it is illegal to state that a product is ____ when it is faulty.
A
low priced
B
perfect
C
new
D
desirable
Explanation: 

Detailed explanation-1: -Explanation: In basic terms, marketing is the process of identifying customer needs and determining how best to meet those needs. In contrast, advertising is the exercise of promoting a company and its products or services through paid channels. In other words, advertising is a component of marketing.

Detailed explanation-2: -Beyond its breakdown per country or region, a global marketing strategy almost always consists of several things: (1) uniform brand names; (2) identical packaging; (3) similar products; (4) standardized advertising messages; (5) synchronized pricing; (6) coordinated product launches; and (7) harmonious sales campaigns.

Detailed explanation-3: -Marketing harmful products to consumers are highly unethical. It manipulates customers’ decisions by tricking them into buying the product which may have adverse effects on their health.

Detailed explanation-4: -International marketing is the marketing of products or services outside of your brand’s domestic audience. Think of it as a type of international trade. By expanding into foreign territories, brands are able to increase their brand awareness, develop a global audience, and of course, grow their business.

There is 1 question to complete.