What is the European Union?

Q: 5) Which of the following is MOST true of product availability in a communist system? A) Consumers…

A: The correct answer is C

Q: What is the goal of the European Union?

A: The  European union's purpose is to promote peace, establish a unified economic and monetary system,…

Q: Identity 3 multinational corporations

A: The multinational corporation is a business association whose activities are arranged in numerous…

Q: governments intervene in trade?

A: Free trade refers to the unimpeded flow of goods and services across national borders on a global…

Q: Protectionism is a government subsidy from consumers of the protected product to producers." Is this…

A: Government is  important for an economy. Because of government policies, economy of a particular…

Q: When IKEA spent $2 billion to open a store in Russia, it was participating in a O Joint venture O…

A: IKEA, the Swedish furniture retailer, said on Thursday that it expects to spend around 2 billion…

Q: How would you describe OECD’s current areas of concern and focus?

A: OECD is known as the Organization for Economic Co-operation and development which aims at providing…

Q: The World Bank group does not include: Select one: a. CIF b. BIRD c. MIGA d. EBRD

A: The World Bank is the international monetary authority that has the primary functions of providing…

Q: What is codification?

A: Codification -  Codification is a process of representing each item by a number, the digits of which…

Q: What does the IMC do?

A: Marketing communications include the trade show appearances, sponsorships, public relations…

Q: What is trade agreement?

A: In this dynamic world, global integration can be achieved through the trade agreements between…

Q: What organization replaced the GATT? O a. NAFTA O b. International Trade Commission C. World Bank d.…

A: Organizations are set to meet the demands of the individuals and earn or make profits out of the…

Q: What is European Union (EU)?

A: The European Union was found to establish political and economical relations between all member…

Q: What market position should we try to establish in our country, in our economic region, and…

A: Positioning of market involves placement of products cautiously in order to avail maximum…

Q: Discuss NAFTA and the Economic Union (EU).   Discuss (2) two benefits and (2) two drawbacks of…

A: Free trade agreements are the trade agreement between the various countries to remove the trade…

Q: What other factors do you think can impact the decision of EU students of whether or not to apply EO…

A: Applications from the UK’s number one international student market have diminished by 40 per cent…

Q: Which European institution is responsible for proposing EU legislation, implementing it, and…

A: Note- Hi! Thank you for the question As per the honour code, We’ll answer the first question since…

Q: Food scares and shocks are becoming increasingly common across the globe. Research a food scandal in…

A: Food scares are the incident related to food whether true or fake have a relevant effect over the…

Q: What are the challenges you faced during Covid-19 pandemic? How will you overcome challenges in…

A: The challenges faced by fast food joint in Bahrain during the Covid-19 pandemic are: 1.Unavailbility…

Q: ·      What are all the main ideas and efforts defining the IMC?

A: Integrated marketing communication or IMC was introduced in the early 1980s and can be defined as an…

Q: Explain the term government market?

A: It is a one of a kind and unique kind of market. The government plays a different role at this…

Q: Q.No.2 How can political factors pose a challenge for an international Marketers?

A: International marketing can be defined as establishing a market across the globe. It refers to…

Q: What type of business regulations do the UK/Britain practice?

A: In the current scenario , doing business in UK is under a transition period with with regard to the…

Q: What is backward integration?

A: 1)Backward integration is a shape of vertical integration in which a enterprise expands its fuction…

Q: What is global marketing standardization?

A: Planning, creating, and marketing products and services in the international market can be widely…

Q: What

A: GDPR stands for General Data Protection Regulation. GDPR is a guideline that expects organizations…

Q: Describe what needs to be done before even considering the idea of taking advantage of the macro…

A: While taking advantage of the macro environment the following needs or factors are taken in account…

Q: Incoterms (International Commerce Terms)

A: Definition: Incoterm or international Commercial Terms are pre-defined series of terms published by…

Q: Define tariffs?

A: Every nation requires income for creations of public infrastructure. There are various sources of…

Q: How might companies react based on COVID-19 with exporting, licensing and franchising, and…

A: The coronavirus (COVID-19) pandemic is fundamentally a human crisis, but its impact upon business in…

Q: What are some penalties of tax avoidance?

A: Tax avoidance is the use of legal methods to minimize the amount of income tax owed by an individual…

Q: What is International Monetary Fund (IMF) w?

A: Meaning of Exchange Rate: The term exchange rate refers to the situation under which a particular…

Q: What is the Analysis of Trade-Offs?

A: Analysis of trade-off It is a decision-making activity that is useful for identifying the most…

Q: Kindly answer questions relating to a Soap Business in England.   Business environment: Government…

A: The market climate or business climate is a promoting term and alludes to elements and powers that…

Q: How should one identify or classify trade-off risks such as trading off safety for political…

A: The risk-return tradeoff communicates that the potential return rises with an extension in risk.…

Q: If IKEA can sell a sofa in China for €140, why doesn’t it sell the product at that low price in all…

A: IKEA was established in 1943 in Sweden by Ingvar Kamprad. Kamprad was born in 1926 in Smaland,…

Q: What are the effects of Covid-19 on Turkey and the world economy?

A: Covid-19 is the worst disease nowadays that is affecting the whole world. Every country is dealing…

Q: What is the 80-20 Rule ?)

A: The 80-20 rule is being expressed in the Pareto analysis that 80% of the consequences are derived…

Cross-Culture Variations in Marketing

Cross-cultural variations reflect the interconnections between cross-cultural research, consumer behavior, and marketing. Cross-cultural marketing is the strategic process of marketing to consumers belonging to cultures different from the marketer's own culture.