Chap 5 1. Please explain why organizeing a world(prenominal) pile is important for firms in the unite States? (I reject on do this one for you): Answer: U.S. managers must develop a global vision not only to key out and fight to international marketing opportunities, but also to sojourn competitive at home. Often a U.S. firms toughest domestic public debate comes from outside(prenominal) companies. A global vision also enables managers to understand that knob and distribution ne dickensrks operate worldwide. Adopting a global vision rotter be lucrative for a lodge, and in some industries a global vision is a business imperative. orthogonal competition is found in almost every industry. In fact, the United States has lost market share to imported products in many industries 2. Please define multinational corporation (MNC)? abduce two MNCs you are familiar with. Multinational Corporation (MNC): a confederation that is heavily engaged in international trad e, beyond exporting and importing wee 1:McDonalds Name another: Walmart 3.. Describe the quaternary stages of business globalization.. Why do most companies stop when they nark the trio stage?
plain surface I: Companies operate in one dry land and sell into others constitute II: pot up inappropriate subsidiaries to handle sales Stage III: unravel an inviolate line of business in another country Stage IV: Virtual operation Why companies stop at the third stage: 4. Marketing-oriented multinational corporations have, traditionally, operated differently in all(prenominal) country, with air div ision strategies that provided different mar! keting mixes. Today, there has been a trend toward global marketing standardisation. What is global marketing standardization Global Marketing standardisation: Production of uniform products that potbelly be sold the equal way all oer the world 5. Assume you are the chairperson of a company that manufactures wooden bowls, cutting boards, and spoons. Your company is considering marketing its kitchen items globally. List the five dollar bill important...If you want to get a to the full essay, order it on our website: OrderCustomPaper.com
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