4.7 International Marketing Flashcards

1
Q

Exporting

A

The business operating in the domestic country sells its products directly to an overseas buyer

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2
Q

Opportunities of entry Into International
markets

A

Increased customer base
Spreads risks
Economies of scale
Increased brand recognition

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3
Q

Strategic alliances

A

These are similar to joint ventures except the partners do not form a new business with a separate legal identity.

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4
Q

International marketing

A

Marketing of a firm’s products in foreign countries.

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