Three major environmental forces shape global marketing efforts. First, there are cultural forces, including values, customs, cultural
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Three major environmental forces shape global marketing efforts.
First, there are cultural forces, including values, customs, cultural symbols, and language. Economic forces also shape global marketing efforts. These include a country’s stage of economic development and economic infrastructure, consumer income and purchasing power, and currency exchange rates.
Finally, political-regulatory forces in a country or region of the world create a favorable or unfavorable climate for global marketing efforts.
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