MKC2610 Final: MKC2610 Lecture :

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MKC2610 Revision Notes
Restraining forces in international marketing
Political systems
o Control national markets and likely to create political risks
Legal requirements
o Prescribe control process
Cultural norms
o Make markets different
Economic development
o Determine buying power and marketing infrastructure
Five stages in the evolution of global marketing
1. Domestic Marketing
2. Export Marketing
3. International Marketing
4. Multinational Marketing
5. Global Marketing
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