Global marketing strategies includes two elements: identification of the target markets and Blank______.Multiple choice question.financing the global expansioneliminating competitionevaluating all of the global economic environmentdeveloping a competitive marketing mix

The marketing strategy a firm chooses when entering a new foreign market depends on the Blank______ of the target consumers.Multiple choice question.needsageincomerevenue

Multiple Choice QuestionA marketing strategy has two major components: selecting a target market, and ______.Multiple choice question.developing segmented marketsdistributing products according to consumer needspricing products according to consumer needsdeveloping an appropriate marketing mix

When firms develop a marketing mix as part of their global marketing strategy, what is their primary goal?Multiple choice question.To eliminate waste in the supply chainTo sustain a competitive advantage over timeTo trigger a short-term surge in salesTo improve customer relations regardless of cost

Multiple Choice QuestionPolitical, legal, regulatory, social, competitive, economic, and technological factors are all _______ forces that influence the development of marketing strategies.Multiple choice question.secondaryinternalexternalprimary

The trend today is moving from globalism to Blank______. In the future, marketers will prepare more customer-designed promotions to reach even smaller audiences.Multiple choice question.individual marketingnationalisminternationalismregionalism