In a short essay, describe the role of global account management in international business. Provide an example of a firm that uses global account management

What will be an ideal response?

In a gradually globalizing world, foreign customers increasingly seek uniform and consistent prices, quality, and customer service. Global account management (GAM) refers to serving a key global customer in a consistent and standardized manner, regardless of where in the world it operates. Walmart is a key global account for Procter & Gamble, purchasing a substantial amount of P&G products. Walmart expects consistent service, including uniform prices for the same P&G product regardless of where in the world it is delivered.

Business

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Total variable costs change in direct proportion to changes in the volume of production

Indicate whether the statement is true or false

Business

Explain the Wassenaar Arrangement

What will be an ideal response?

Business