is best noted for three principal categories that analyze and interpret how communications and interactions between cultures differ: context, space, and time.
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- Reasons that a company might choose to acquire a business in a foreign country include all of the following except: Take advantage of free trade agreements Purchase local customer loyalty Local management understands local ing-hiet equatitionsAs a Marketer it is challenging to understand Consumer Behavior in today’s fast growing and competitive world because it is complex and dynamic in nature. However, please briefly explain which factors affects or influence consumer behavior along examples with reference to the Pakistani context.Which of the following statements are true about globaliza-tion methods? a. International licensing involves the creation of a new company that is owned by two or more firms from dif-ferent countries. b. Exporting involves contracts that allow a foreign com-pany to use a domestic company’s trademarks, patents, processes, or technology.c. Global sourcing involves the close coordination ofresearch and development, purchasing, marketing, andmanufacturing across national boundaries.d. A wholly owned international subsidiary is createdwhen a foreign government owns 100 percent of theequity in a U.S.-based firm.
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