Tahsin, a grocery store, markets and endorses its businesses…
Tahsin, a grocery store, markets and endorses its businesses in other countries by offering buyers the rights to launch and operate the store in that country. It lends financial and marketing assistance to the buyers. In this scenario, which strategy is Tahsin employing to reach global markets?
Read DetailsXio, a South Asian country, exported goods worth $650 millio…
Xio, a South Asian country, exported goods worth $650 million and imported goods worth $500 million in the last fiscal year. The country also made foreign investments worth $400 million and provided foreign aid worth $200 million in disaster relief. Besides this, the country took a loan of $10 billion from the World Bank. This flow of money into and out of Xio is measured by _____.
Read DetailsRagni Hotels, a hospitality company, has developed a seconda…
Ragni Hotels, a hospitality company, has developed a secondary market for its services in a foreign country. This allows the company to minimize its losses when its primary market fails to generate enough revenue to benefit the company. In this scenario, which of the following is most likely to have influenced Ragni Hotels’ decision to set up a market in another country?
Read DetailsTaigi, a North American clothing company, plans to sell its…
Taigi, a North American clothing company, plans to sell its clothing in Waiola, an African country. To do this, Taigi has to make certain modifications in its marketing strategy such as using the regional language of Waiola in its advertisements. Without such changes, Taigi would not be able to establish a market in the country. In the given scenario, which barrier is Taigi most likely facing?
Read Details