Discuss Some of the Ramifications of the Internet for Global

question 25

Essay

Discuss some of the ramifications of the Internet for global marketing strategies.Also explain some of the challenges faced by international marketers in the areas of global branding and Internet-based new products.

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Definitions:

Inequalities in Income

The uneven distribution of income within a population, leading to disparities in wealth, access to resources, and quality of life among different social and economic groups.

Inequalities in Wealth

The uneven distribution of assets, wealth, and income among individuals or across different groups in society.

Social Class Origins

The background or social status of an individual or group, often determined by wealth, occupation, education, or lineage.

Ability to Succeed

The capacity or potential a person or group has to achieve goals or reach a desired level of success.