CE8 H1 Flashcards

1
Q

What are the three levels of marketing?

A
  • Domestic marketing
  • International marketing
  • Global marketing
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2
Q

What do the letters SLEPTS for?

A
  • Socio/cultural
  • Legal
  • Economic
  • Political
  • Technological
  • Sustainability/Environment
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3
Q

What are the aspects of the international marketing planning?

A
  • Stakeholders expectations
  • Situation analysis
  • Resources and capabilities
  • Corporate aims and objectives
  • Marketing strategies
  • Implementation of the plan
  • Control and feedback
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4
Q

What are important things for a firm when they go international?

A
  • Have a clear international competitive focus
  • Have a well-managed organization with a culture for learning
  • Develop effective relationship strategies
  • Be committed to provide quality products and services worldwide
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5
Q

What is the definition of internationalization?

A

The method of adopting an organization’s operations to foreign environments

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