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Principles of Marketing: Help and Review14 chapters | 253 lessons | 1 flashcard set
What is Global Competition in Business? - Definition & Challenges
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1. What is core competency?
2. What invention in history assisted with global competition the most?
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About This Quiz & Worksheet
This quiz and worksheet can help you check your knowledge of global competition and its characteristics. You will need to know what global competition is and how to gain a competitive edge in order to pass the quiz.
Quiz & Worksheet Goals
This quiz and worksheet can help you check your knowledge of:
- The invention that helped companies with global competition
- Core competency
- Challenges of competing globally for companies
- Definition of global competition
Skills Practiced
- Making connections - use understanding of the concept of global competition and who is involved
- Knowledge application - use your knowledge to answer questions about core competency
- Information recall - access the knowledge you have gained regarding challenges of competing globally
Additional Learning
To learn more about global competition, review the lesson on What is Global Competition in Business? - Definition & Challenges. This lesson covers the following objectives:
- Determine what global competition is
- Understand how companies get a competitive edge
- Identify the challenges companies face when they compete globally
- Review cultural differences of different countries
- Learn what made global competition easier
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Lesson
8 in chapter 4 of the course:
- International Marketing: The Importance of Global Marketing Strategy 4:00
- Internet and Global Marketing: Ecommerce on an International Scale 4:43
- International External Marketing: Culture, Economics, Tech & More 6:00
- International Marketing Mix and the 4 Ps of Marketing 6:04
- Breaking Into Foreign Markets: International Marketing Strategies 6:39
- The Global Marketplace: Definition & Overview 3:36
- Transnational Corporation: Definition & Examples 4:15
- What is Global Competition in Business? - Definition & Challenges 4:19
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6:11
Next Lesson
What is Global Trade? - Definition, Advantages & Barriers
- Customs Union: Definition & Theory 4:32
- Transnational Strategy: Definition & Examples 5:00
- Global Market Entry, M&A & Exit Strategies
- Global Market Penetration Techniques & Their Impact
- Pros & Cons of Outsourcing Global Market Research
- Go to International Marketplace: Help and Review
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