Marketing discussions questions:
1. Describe the market conditions that influence a firm's decision to enter foreign markets.
2. Explain what world trade means. What is the role of the WTO and economic communities in encouraging free trade? What is protectionism? Explain import quo¬tas, embargoes, and tariffs.
3. Explain how GDP, the categories of economic develop-ment, and the business cycle influence marketers' de-cisions in entering global markets. What are the BRIC countries? What is the Group of Eight (G8)?
4. Explain the types of competition marketers face: dis-cretionary income competition, product competition, and brand competition.
5. What are a monopoly, an oligopoly, monopolistic com-petition, and pure competition?
Attachment:- Marketing objectives.rar