ypically, brands need to be adapted to suit consumers' needs and legislative requirements in different regions or countries. Schuiling and Kapferer, (2004) defined three types of brands namely, global, local and international prands. 1. Define the three types of brands. 2. Briefly explain the advantages of global and local brands. 3. Briefly discuss any two of Krell's recommendations for building a global brand.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Typically, brands need to be adapted to suit consumers' needs and legislative requirements in different regions or
countries. Schuiling and Kapferer, (2004) defined three types of brands namely, global, local and international
brands.
1. Define the three types of brands.
2. Briefly explain the advantages of global and local brands.
3. Briefly discuss any two of Krell's recommendations for building a global brand.
Transcribed Image Text:Typically, brands need to be adapted to suit consumers' needs and legislative requirements in different regions or countries. Schuiling and Kapferer, (2004) defined three types of brands namely, global, local and international brands. 1. Define the three types of brands. 2. Briefly explain the advantages of global and local brands. 3. Briefly discuss any two of Krell's recommendations for building a global brand.
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