geographic distribution and global marketing at these destinations. Of course, all of this will depend on the global market chosen to do business in and the pro and cons may be different by product and service.
With this in mind, create a 2-3 page response to the following:
- Identify and describe a global market
- Analyze pros and cons of entering this specific market
Your final assignment should be proofread for correct spelling, grammar, and punctuation. For more information on APA, please visit the Online Library, which is available through the Resources tab.
Answer preview
Similarities existing in global markets include the rising number of options for products and services, and organizations offer reasonable buying price (Lee & Carter, 2011). Also, all have practical methods and strategies that help guide companies globally compete efficiently in the universal markets. Significant differences comprise the buying structure where the government markets issue a bid request to customers, unlike other markets structures. Sellers in the consumer markets face pressures of operating and distribution costs, unlike the business and government which have enough capital for administration. Too, in business and government markets, marketing and sales are typically perfect than in the consumer market. Equally, government and business products usually bear high costs, and their scrutiny is extensive.
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