Define marketing research and marketing information systems  and give examples with respect to international marketing

Q: Prepare and apply an analytical framework for the international marketing of services based on…

A: Business Expansion is about increasing the growth of business in the market it includes determining…

Q: scuss the impact of globalization on marketing strategies and the challenges it presents to bu

A: Globalization has increased the interconnectivity and interdependence of all the world's business…

Q: How does place image and place reputation work in international marketing

A: Place branding is a concept in which a certain location such as a vacation location for a city is…

Q: How do you explain if a standardized marketing management process benefits a company pursuing a…

A: A standardized marketing management process can be very advantageous for a business that pursues…

Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.