What are some of the challenges faced by marketers in relation to the newly formed smaller countries? Explain giving examples
What will be an ideal response?
There are several challenges faced by marketers in newly formed countries. For example, some of the smaller countries from the former Soviet Union, including Tajikistan and Uzbekistan, fall into the low- and lower-middle income categories. Sometimes referred to collectively as "the Stans," they present marketers with an interesting challenge. Incomes are low, there is considerable economic hardship, and the potential for disruption is certainly high. Are they problem cases, or are they attractive opportunities with good potential for economic growth? These countries present an interesting riskâreward trade-off; some companies have taken the plunge, but many others are still assessing whether to take the risk.
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Which of the following would not be a goal of an advertising plan?
a. Increase awareness b. Lower price c. Encourage purchase d. Develop comprehension e. Persuade consumers to conviction
Which of the following is NOT a public relations activity?
A) speech writing B) advice and counsel to management C) creative strategy D) sponsorships E) investor relations