In a short essay explain when to buy a product from other countries or make it locally. Use relevant examples to support your answer
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In a short essay explain when to buy a product from other countries or make it locally. Use
relevant examples to support your answer.
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- Identify a product from your country that you are familiar with and discuss 3 different relevant changes currently taking place in the marketing environment for this product. Explain IN YOUR OWN WORDS how can a marketer capitalize on or avoid the changes that you have identified?Identify a product from your country that you are familiar with and discuss 3 different relevant changes currently taking place in the marketing environment for this product. Explain how a marketer capitalize on or avoid the changes that you have identified?name a product from your country that you are familiar with and discuss 3 different relevant changes currently taking place in the marketing environment for this product. Explain IN YOUR OWN WORDS how can a marketer capitalize on or avoid the changes that you have identified?
- You work for a cranberry company in Nova Scotia looking to enter the Australian cranberry market. Based on this scenario, Describe your target market, how are you segmenting the market? How will you need to adapt your product to be successful in the entry country (australia)?What factors a company needs to consider before expanding or entering into a foreign market? Explain your answer.Upon review, you determine a market segment is both large enough and there are no strong competitors. Can you assume is it safe to enter the country? Defend your answer.
- Choose a product or service from an existing company and select a foreign country where this company has a presence. Compare and contrast marketing in the domestic market versus in the foreign market. Should international marketing strategies vary from country to country? Why or why not?What are the fixed and variable costs when marketing the product internationally?Are they similar to the domestic setting?Suggest the most suitable market entry mode for selling the Jamaican time and patience bakery bread in germany, e.g. exporting,licensing, franchising, joint venture, wholly-‐owned subsidiary, etc. Explain your rationalefor the choice of entry mode for your product in detail.
- How can a company tailor its marketing mix to suit the unique characteristics of a foreign market?For an exchange to take place successfully, all the gaps in the marketing process should be successfully covered between production and consumption. There are certain gaps that are most relevant in the marketing process of CBD oils in South Africa. Discuss two intermediaries of your choice that would be responsible for closing the three gaps; the housing gap, the time gap and the info-gap.How would you recommend a company deal with the differences in culture such as customs, verbal language, and religious beliefs when operating in Finland and Saudi Arabia