GLOBAL MARKETING CLASS
its ok to use outside sources but write them down
2. Why is defining the Target market in GREAT detail so important to advertising strategy? And, what is meant by understanding the Who, What, When, Where, Why, and How of target markets? ( you must very specific
Define the target and why its important …….2 pages ..reference to demographic age income -life stlye..etc
3. Explain how Culture influences buying behavior; specifically, how we are impacted by norms, biases, values, upbringing, religion, education, etc.
Explain the culture and the impact at buying .. explain wats culture
Family impact …discuss hofsteds cultural dimension …2 pages chapter 4 use the chart at chapter 4
4. What is meant by the expression, Centralize Strategy, Decentralize execution – as it relates to Global marketing?
“Think global act locally” . half to one page
5. Define the following:
Direct exporting
Indirect exporting
Licensing
Joint Venture