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Question 1:
(i) Distinguish between global marketing and international marketing.
(ii) Explain the similarities and differences of a free trade area, a customs union, a common market and an economic union. Give an example of each.
(iii) Explain the stages of a global market development.
Question 2:
Describe, using appropriate example, how a firm distinguishes between the following strategies:
(a) Concentrated global marketing; (b) Standardized global marketing;(c) Differentiated global marketing.
Question 3:
Describe how a global enterprise will segment, target and position its products and services.
Answer for a caselet
three uses of product line stretching
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