Cultural Awareness & Business Part I Flashcards
1
Q
Cultural and consumer needs and wants
A
- Culture influences what we buy
- Businesses should never assume that a product that is successful in their country will be successful anywhere else
- Success of products depends on consumer demand and proper marketing
2
Q
CULTURAL INTELLIGENCE
A
The capability to adapt, relate, and work effectively across various cultures.
3
Q
CULTURAL MARKETING
A
- Uses marketing resources to create effective international marketing campaigns that will appeal to consumers in specific countries
- Sees the world as composed of individual markets, all based on unique cultures
- Tailors its marketing approach to each country’s specific tastes
4
Q
Adapting to Cultural Differences
A
- Identify if people in the specific culture would buy the product
- Are they familiar with the brand or logo?
- Does the colour have to be changed?
- Ensure the translation makes sense