Because of a variety of cultural,geographic,regulatory,and social issues,international marketing can pose unique challenges to the marketer.Many of these challenges can be mitigated by an effective internationally oriented marketing research effort. International marketing research can help a company____________________.

Question

Because of a variety of cultural,geographic,regulatory,and social issues,international marketing can pose unique challenges to the marketer.Many of these challenges can be mitigated by an effective internationally oriented marketing research effort. International marketing research can help a company____________________.​

Quizplus · Accepted Answer

International marketing research can help a company avoid product formulation errors by gaining insights into local customs, preferences, and regulations. This can help the company tailor its products to be more effective in different international markets. International marketing research can also help the company identify opportunities and potential barriers to success in a new market. However, it cannot guarantee the success of marketing strategies, eliminate manufacturing inefficiencies, or improve labor relations in foreign markets. Logistics systems can also be improved through market research, but it is not the primary purpose.

Because of a Variety of Cultural,geographic,regulatory,and Social Issues,international Marketing Can