Which of the following is NOT a risk of going international? a. Market expansion Ob. Ignorance and uncertainty O c. Unstable governments
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- Read the following text, and write a short title (1 - 3 words) which states the main topic The brand consultancy Interbrand publishes an annual list of the Best Global Brands, which shows that the worth of a brand can be much greater than a company's physical assets. For example, in the early 2000s, the value of the top ranked brand, Coca-Cola, was calculated at over $70 billion. Consequently, a company's market value (the combined price of all its shares) can be much greater than its book value - the recorded value of its tangible assets such as buildings and machinery. Brand value largely comes from customer loyalty: the existence of customers who will continue to buy the products.Which one of the following is a true statement? Select one: O a. Emerging markets were previously not accessible for the international marketplace O b. None of the following is a true statement. Oc Most international business activity took place between members of the emerging markets. O d. Selectively, few companies are able to increase their profit growth in emerging markets due to less salesWhich one of the following is NOT a reason a company decides to enter foreign markets? A) To spread business risk across a wider geographic market base B) To build the profit sanctuaries necessary to wage guerrilla offensives against global challengers endeavoring to invade its home market C) To capitalize on company competencies and capabilities D) To gain access to more buyers for the company's products/servicesE) To achieve lower costs and enhance the firm's competitiveness
- Identification. Give the correct terms as described per number. no need for explanation 1. Company operates in various geographical locations and makes an entry into the global market. 2. Company takes over the functions of suppliers and distributors. 3. Company purchases most of the requirements from outsiders. 4. A cost-cutting mechanism to address a decline in profit because of a decrease in sales. 5. A company is not yet critical in terms of finances but intends to improve its operational efficiency. 6. A company that takes 100 percent control of the value chain. 7. Misleading financial information or hiding a health risk created by the company. 8. A company enters another industry that is not related to the industry where it presently belongs. 9. Business is selling the entire company, including all the business units and divisions. 10. Company gives up its management to a court and settles some financial obligations in return. 11. Guiding the company toward future goals…Valhalla Inc. is considering entering an international market, which of the following is true: a. With an new subsidiary there are too many unknowns but control b. There is less control with franchising but slow entry c. They would have easier integration with that of an acquisition d. Exporting is the best route because it is low risk and high controlWhich of the following statements is True regarding international opportunities in marketing?A. There is no need to consider international opportunities when the domestic market is prosperous. B. International trade is decreasing worldwide. C. A product with slow sales growth in a domestic market may experience faster growth in another country. D. Only large firms can engage in international marketing.E. All of these statements about international opportunities in marketing are True.
- From the following, please identify the 2 statements that are true as well as the 2 statements that are false. A) Generally, diversity of international markets and currency instability have the greatest effect on promotion. B) A push strategy for international sales is most likely preferable to a pull strategy when people rely on friends' opinions before buying a product C) Dixon Electronics recently introduced a new computer with features unavailable from other products on the market. Dixon is charging a very high price for the computer and has plans to progressively lower the price over the next year. Dixon is most likely using a skimming strategy. D) The gray market involves selling goods through unofficial distributorsYou have been hired as Marketing Management consultants to Jam down Manufacturers Limited, an authentic Jamaican snack company that has saturated the local market and wants to go international. You were asked to prepare a report to the company’s board of directors. In your report, you are required to: 1.Explain to the company, the major ways of entering a foreign market. 2. Discuss the extent to which the company must adapt its products and marketing program to each foreign country. 3. Discuss the global distribution strategies available to the company.How to elaborate the points as below: Entry Mode Advantage Disadvantage Exporting The business can choose his representative in the foreign market. This also helps the business to test if its product will be a success For physical business, this is a costly strategy. A lot of research for the representatives has to be done. Licensing The company can get vertical integration without heavy capital investment. The company will not have control over the use of its intellectual property by the Licensor. Franchise This is a low cost strategy and the franchisee has the knowledge of the local market. This is a source of passive income. There is less control over the operations of the franchise partner. The franchisees can learn from your business and become competitors in future. Joint Ventures The business can leverage the expertise of the joint partner. Transfer of technology and assets is easier. Internal clashes can happen sue to changes in culture…
- Foreign companies are usually not affected by changes in nationalistic feelings in the countries where they operate. True/falseStatement 1: Purchasing-power parity implies that a standardized good should sell for the same price internationally after adjusting for exchange rates. Statement 2: First mover advantage included economies of scale which later entrants find it difficult to match. Statement 1 is correct but statement 2 is wrong. Statement 1 is wrong but statement 2 is correct Both statements are correct. Both statements are wrong. what is the best answer? please answer immediately .Make 1 initial post responding to the prompt Walmart is seen as a powerful Channel Captain. Their power is so strong, they are able to demand lower prices from suppliers. Do you think they weld too much power over the other intermediaries in the channel? Do you believe any company will ever compete successfully against Walmart? You have often heard people say to “remove the middleman” and the price of the product will go down. Do you believe this to be true? Defend your response.