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Explain about the Exporting in foreign markets for marketing.
Exporting:
Exporting is the main traditional and well established type of operating within foreign markets. It can be defined as the marketing of goods produced within one country in other. When no direct manufacturing is needed in an overseas country, important investments into marketing are needed. The tendency may be not to acquire as much detailed marketing information when compared to manufacturing within marketing country; though, this does not negate the requirement for a detailed marketing strategy.
Question: XYZ Company is producing and marketing cotton textiles to local markets. Currently, because of stiff competition its sales volume is decreasing from time to time.
The US government decides to subsidize solar panels. For each unit sold, the government pays $T to the buyer. Using a graph, show how this subsidy affects i) consumer surplus, I
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what is test marketing?explain the various approaches that are followed by FMCG companies in test marketing.
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