Three major environmental forces shape global marketing efforts. First, there are cultural forces, including values, customs, cultural

Question:

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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: