Explain several options a company has for adopting a global targeting strategy for a brand

What will be an ideal response?

In taking a brand global, a company could decide to standardize its core product and then use limited localization for all geographic markets. Alternatively, a company could create special value-added elements designed to meet the needs of selective markets. A company could use differentiated marketing in each market, or a company could implement an undifferentiated universal targeting strategy. Regardless of the global strategy adopted, the company should be aware that groups of customers share similar characteristics across national boundaries.

Business

You might also like to view...

In process costing, production costs are accumulated by process. At the end of the period, the total production costs incurred must be split into two components. What are these two components?

What will be an ideal response

Business

Which of the following is NOT a service-quality dimension?

A) responsiveness B) assurance C) durability D) reliability E) empathy

Business