Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
What do the international markets and global markets do for competitions?
Expert Solution
Step 1
The global company, regardless of its nationality, attempts to exert control over leverage points ranging from cross-national manufacturing scale economies to overseas competitors' cash flow sources. The corporation makes the competitor's response more expensive and difficult by adopting unorthodox action, such as decreasing pricing on a major product or in crucial markets. Its main objective is to improve its own effectiveness while eroding that of its competitors.
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