Explain the Globalization of Markets,and Describe How a Company Might

question 69

Essay

Explain the globalization of markets,and describe how a company might work within an international business environment to take advantage of the globalization of markets.

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Definitions:

Blog

A web page or website that is updated on a regular basis, usually maintained by an individual or a few people, and features a casual or dialogue-based writing style.

Viral Marketing

A method of marketing whereby consumers are encouraged to share information about a company's goods or services via the Internet.

Online Word-of-mouth

The electronic spread of information, recommendations, or opinions about products or services through social networks or forums.

Biological Viruses

Microscopic pathogens that replicate inside the living cells of organisms, causing various diseases.