Connections with the World Around Us
Marketers are taking a fresh look at how they bond with the broader world around them.
1). Global connections:- cultural and geographical differences and distances have shrunk dramatically in last decade.
2). Now day, almost every company, small or large, is touched in some way by global competition.
a). Firms are challenged by international competitors in their once secure domestic market from abroad.
b). The companies are not only exporting, but import more components and supplies from
c). Domestically purchased services and goods are hybrids (with components coming from various international sources).
d). The secret for business success in the next century shall be to build good global networks.