Global Marketing: International marketing activities that do not have a country or a region focus and that are possibly due to the emergence of global consumer segments and efficient global allocation of company talent and resources.
Polycentric Orientation: Company strategies predicated on the assumption that each country’s market in unique and should be addressed individually, with a country-specific marketing mix.
Geocentric Orientation:
Regiocentric Orientation: Company strategies that view world regions as distinct markets that share economic, political, and cultural traits that will respond to a region-wide marketing approach.
REVIEW QUESTIONS:
True/False
1. True
2. True
3. True
4. False
5. False
Multiple Choice
1. C
2. C
3. A
4. C
5. B