Difference between domestic international multinational and global market
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International companies are importers and exporters, they have no investment outside of their home country.Multinational companies have investment in other countries, but do not have coordinated product offerings in each country. More focused on adapting their products and service to each individual local market.
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Here is the difference between international, multinational, domestic and global markets:
Explanation:
- In an international market, the products are exported and sold to all the foreign markets
- In multinational marketing, firms extend their products to domestic markets including various countries
- In domestic markets, the product remain within the country's markets
- The global marketing is the highest level of marketing involving almost all the countries of the world
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