A shampoo manufacturer is considering entering a developing country. During the screening process of this country it is discovered that purchasing power is very low and many people might not be able to afford their product as it is presently sold in other markets. As a global marketer which of the following is the best course of action? * O Examine Industrialized markets instead Evaluate the economic situation in that country and consider if a modified produc might turn a reasonable profit Generalize that all developing countries such as this country are suffering from difficult economies situations and are not good markets to enter O Totally ignore this country because residents are poor

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter9: Reaching Global Markets
Section: Chapter Questions
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A shampoo manufacturer is considering entering a developing country.
During the screening process of this country it is discovered that
purchasing power is very low and many people might not be able to
afford their product as it is presently sold in other markets. As a global
marketer which of the following is the best course of action? *
O Examine Industrialized markets instead
Evaluate the economic situation in that country and consider if a modified product
might turn a reasonable profit
Generalize that all developing countries such as this country are suffering from
difficult economies situations and are not good markets to enter
O Totally ignore this country because residents are poor
When IKEA spent $2 billion to ppen a store in Pussia it wos potininoting
Transcribed Image Text:A shampoo manufacturer is considering entering a developing country. During the screening process of this country it is discovered that purchasing power is very low and many people might not be able to afford their product as it is presently sold in other markets. As a global marketer which of the following is the best course of action? * O Examine Industrialized markets instead Evaluate the economic situation in that country and consider if a modified product might turn a reasonable profit Generalize that all developing countries such as this country are suffering from difficult economies situations and are not good markets to enter O Totally ignore this country because residents are poor When IKEA spent $2 billion to ppen a store in Pussia it wos potininoting
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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing