Canadian marketing managers must consider foreign corporate entities as threats to their domestic markets.

Question

Quizplus · Accepted Answer

Canadian marketing managers must consider foreign corporate entities as threats to their domestic markets because these entities may have greater resources, stronger brand recognition, and better knowledge of the global market. They may also offer lower prices or superior products, which can attract Canadian consumers and impact local businesses. Therefore, Canadian marketing managers need to be aware of these competitive pressures and design strategies that can effectively compete and differentiate their products in the market.

Canadian Marketing Managers Must Consider Foreign Corporate Entities as Threats