write short notes on these with examples 1. Mecantilism theory 2. Comparative Advantage theory 3. International product life cycle
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write short notes on these with examples
1. Mecantilism theory
2.
3. International product life cycle
Step by step
Solved in 5 steps
- Think of a popular local or international enterprise to analyze in this activity. 1) Identify the business you are analyzing 2) How did the marketing mix of the business help in achieving a name in the industry? 3) Identify the weak points of their marketing mix that might need to be improved. If there are only a few weak points researched, what then can be possible opportunities for their marketing mix to be better? 4) Suppose you were working in this business and you were tasked to decide on a new product to launch, what product would it be and how would you market and promote it?Subject; Entreprenurship Need unique and different business idea model as your own or as it is but you should be able to explain and proof the viability of the business idea in Pakistan.A teenage girl wants fashion jewelry which is expensive. She convinced her mother to buy that jewelry. Her mother paid for the jewelry. Here, the mother of the teenage girl is A.Decider B.Gatekeeper C.Approver D.Buyer
- How companies can position their products for competitive advantages in the marketplace? Discuss.What are the advantages and disadvantages for companies that are thefirst to introduce products that create new markets?What are some of the product issues that youneed to consider when marketing luxury automobilesin Australia, Brazil, Singapore, South Africa, andSweden?
- What is meant by advance against goods? Discuss the advantages and disadvantages of itimagine you are opening a shoe manufacturing company in south africa and one in nigeria for memory foam shoes (sneakers, heels, slippers). critcally discuss Whether one country or both countries represents a good opportunity for your product and, do you recommend entering or not entering those markets?Suppose you work for a firm that is getting ready to introduceits brand of headphones to the Chinese marketplace. With aclassmate, decide which strategies your firm could use mosteffectively for entering this market. Present your ideas eitherin writing or to the class.
- What products would you sell in today's situation?Compare on contrast the following: (i) Divestiture versus Diversification (ii) Market development versus Product Development1. Think of a product you would want to sell in market as a student. What is it and why? - You must come up with your own product. 2. What makes you different from your competitors? 3. Who is your target marker