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Nescafe coffee is marketed using different coffee blends and promotional campaigns to match consumer preferences in different countries. For example, Nescafe generally emphasizes the taste, aroma, and warmth of shared moments in its advertising around the world. However, in Thailand, Nescafé is advertised as a way to relax from the pressures of daily life. This is an example of which type of global marketing product/promotion strategy?
Variable Costs
Costs that vary depending on the level of activity within a business, like those associated with raw materials or the production process.
Net Income
The net income of a business once all deductions, including expenses, taxes, and other costs, are made from its total earnings.
Selling Price
The price at which goods or services are offered to consumers.
Fixed Costs
Expenses that do not change with the level of production or business activity, such as rent or salaries.
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