Which of the following are the two components of a global marketing strategy? Group of answer choices understanding foreign currency fluctuations AND developing products that can be priced accordingly determining which target markets to pursue AND developing a marketing mix to obtain a competitive advantage understanding the supply chain AND distribution networks in foreign markets developing culturally appropriate advertising messages AND cultivating "domestic" habits among foreign consumers

Question

Leonardo Hanna

Business

22 June, 03:17

Which of the following are the two components of a global marketing strategy? Group of answer choices understanding foreign currency fluctuations AND developing products that can be priced accordingly determining which target markets to pursue AND developing a marketing mix to obtain a competitive advantage understanding the supply chain AND distribution networks in foreign markets developing culturally appropriate advertising messages AND cultivating "domestic" habits among foreign consumers

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Jorge · Answer 1

determining which target markets to pursue AND developing a marketing mix to obtain a competitive advantage

Explanation:

Global marketing refers to marketing strategies that involves planning, producing, placing, and promoting a business' products, capital, ideas and services in order to meet global standards and objectives across the world.

The two components of a global marketing strategy are determining which target markets to pursue AND developing a marketing mix to obtain a competitive advantage.