Term
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Definition
| 20-25% of world trade is not with cash |
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Term
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Definition
Offset
COunterpurchase
Tolling
Barter
Buyback
Switch Trade |
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Term
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Definition
1. Best interest?
2.Where?
3> what will straegy be?
4. What is new marketing mix? |
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Term
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Definition
GDP-dollar value of goods and services produced within borders
GNP-Value of all goods and services produced by citizens regardless of borders
Country's Economic Infrastructure-quality of country's distribution, financial, and communications systems |
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Term
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Definition
Least Developed Country
agriculture based
low standard of living |
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Term
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Definition
economy shifts from agriculture to indsutry
rise in standard of livingincreased educations |
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Term
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Definition
| Brazil Russia India China-developing countries with 75% world'spopulation |
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Term
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Definition
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Term
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Definition
| US, UK, Germany, australia, canada, japan france italy |
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Term
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Definition
| gathering and anlyzing publicly available information about rivals to have superior marketing strategies. gathered from media |
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Term
| microenvironmental competition |
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Definition
| product, brand, discretionary income |
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Term
| Competition on macroenvironment |
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Definition
| monopoly, oligopoly, comopolistic competition-differentiated product (clothing) |
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Term
| Goal of american business laws |
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Definition
be sure business compte fairly
make sure businesses dont take advantage of customers |
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Term
| political environment affects business |
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Definition
| political activities or war |
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Term
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Definition
| prohibit trade with antoher country |
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Term
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Definition
| when a domestic government take over a foreign company's business but reimburses them |
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Term
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Definition
| domestic ov siezes foreign assets |
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Term
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Definition
| produce there but have supplies from area |
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Term
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Definition
| US generalized system of preferences-developing countries can export to America duty free, if they are working to improve worker's rights |
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Term
| sociocultural considerations |
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Definition
demographics
cultural values-individualism+collectivism
social norms+customs
language
ethnocentrism |
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Term
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Definition
| working with a domestic partner from another company to achieve common goal |
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Term
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Definition
| highlest level of commitment-opening facilities in new country |
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Term
| straight extension strategy |
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Definition
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Term
| product adaption strategy |
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Definition
| similar but modifief product |
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Term
| product invention straegy |
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Definition
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Term
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Definition
| develop a less advanced product for a specific economy |
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Term
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Definition
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