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Global Marketing

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Global Branding

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The strategy of maintaining brand consistency across countries while making adjustments for local markets.

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Cultural Sensitivity

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The awareness and respectful consideration of cultural differences in marketing practices.

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International Market Entry Strategies

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Methods that businesses employ to enter foreign markets, such as exporting, franchising, licensing, or direct investment.

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Localization vs. Standardization

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The decision between adapting marketing to fit local cultures or keeping it uniform across all markets.

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Cross-Cultural Communication

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The practice of recognizing and adapting to cultural differences in the way people communicate.

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Global Pricing Strategies

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Approaches to setting prices for products or services on an international scale.

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Supply Chain Management

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The oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.

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Country of Origin Effect

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The influence that the country of manufacture, assembly, or design has on a consumer’s positive or negative perception of a product.

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International Marketing Research

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The process of gathering and analyzing data to make informed marketing decisions in an international context.

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Global Consumer Segmentation

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The practice of dividing a company's target market into approachable groups based on cultural or demographic factors.

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Adaptation in International Marketing

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The modifications made to products, services and marketing strategies to fit the needs of different international markets.

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Digital Global Marketing

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The use of digital channels to market products and services to consumers worldwide.

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International Marketing Ethics

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The moral principles that guide marketing decisions and strategies in a global context.

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Grey Markets

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Trade of legal goods through unauthorized, unofficial, and unintended channels of distribution.

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Market Diversification

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A risk-reduction strategy that involves entering multiple markets to spread out potential risks.

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International Marketing Mix

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The adaptation of product, price, place, and promotion elements to suit international markets.

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International Trade Agreements

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Treaties between two or more nations that outline the terms and conditions of trade between them.

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Export Marketing

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The sale of products or services to customers in foreign countries, with the products being shipped from the home country.

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Political and Legal Considerations

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Assessment of political stability, regulatory environment, and legal systems in target international markets.

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Currency Fluctuations

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The impact of changes in exchange rates on pricing, revenues, and costs in international markets.

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Global Distribution Strategies

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The methods used to get a product from the manufacturer to the consumer in an international context.

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Global Market Positioning

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Creating a unique, value-based position in the minds of consumers across different international markets.

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Economic Integration

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The level of barriers to trade, capital movements, and labor between countries in regions such as the EU or NAFTA.

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Social and Mobile Marketing

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The techniques and strategies used to reach consumers through social media and mobile devices on a global scale.

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Environmental Scanning

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The process of continually acquiring information on events occurring outside a company to identify trends, opportunities, and threats to business.

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