Although Social Networks,wikis,podcasts,and Blogs Are Becoming Increasingly Popular in

question 6

Essay

Although social networks,wikis,podcasts,and blogs are becoming increasingly popular in
the business world,e-mail is still arguably the most used form of digital communication.Why do you think this is the case?

Analyze the role of cultural, economic, and political factors in global business.

Understand the concept and application of glocalization in global marketing.

Assess the influence of global trends on marketing strategies.

Comprehend the importance and application of purchasing power parity and the Big Mac Index.

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Definitions:

Four Ps

Stands for Product, Price, Place, and Promotion, which are the core elements involved in marketing a product or service.

Marketing Mix

A blend of marketing variables, typically known as the 4Ps (Product, Price, Place, Promotion), used by businesses to achieve their marketing objectives and satisfy customer needs.

Advertisement

A paid message communicated through various media aimed at informing or persuading a target audience about a product, service, or idea.

Promotion

A marketing strategy involving the publicization of a product, brand, or event to increase sales, awareness, or engagement.