Global Brands Flashcards
1
Q
To achieve global recognition a brand must have..?
A
- supplied a quality product and reacted to its demand
- created a need for that product
- may have developed into a multi- national corporation
- created and achieved mass marketing and advertising
- done lots of research
2
Q
How do local businesses compete with global brands?
A
- easier to adapt to mass marketing
- ethical creativity, create jobs
- locals buy these products ie. Local farm shops
3
Q
What is a global brand?
A
A global brand is a company which has a product or service sold and recognised throughout the world