Question: (a) The marketing environment plays an important role when a firm decides to market a product or a service. If a firm failed to identify

(a) The marketing environment plays an important role when a firm decides to market a product or a service. If a firm failed to identify the precise environment to match with the products or services offered, the consumers would not purchase but instead disregard them.

Describe FOUR (4) foreign environment (uncontrollable) elements of the International Marketing Task.

(b) Self-Reference Criterion (SRC) may lead firms to misinterpretation of the exact culture of a country. These misjudgments may result in different understanding of ones culture that could be detrimental to a nation.

Identify TWO (2) dangers of Self-Reference Criterion (SRC).

Please type no handwriting

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!