Question

Impact of globalisation of market and marketing

Answer 1

1. it gives more choice in market. 2. it working on lose the amount of highly and quality product. 3. it helps in improve and increase market . Now bad impact . 1. it creates a great unfair suitation for indian small scale industrialists. 2. it also effect on ECONOMY as making situation of forigner goods high in relative to particular country (like india) good in marker.

Answer 2

Answer:

Explanation:

Market refers to the areas where producers and consumers come together for the trade process to satisfy each other wants and needs.

Marketing is a process of awarding the potential customer and consumer about the product, brand, and services provided by the  Organization. Also, try to retainment of the targeted customers and share of the market.

Therefore, When we talk about the impact of globalization of market and marketing can be -

• Wide Product Range - When the domestic market met with globalization there is an increment in the range of products and services of the market. Giving the customer the benefit of a range of products.

•Expansion of the business - Globalisation leads to the expansion and growth of the business operations.  

• Advancement in Technology - When the domestic business gets on national platforms. It gets to develop every manner and technology Environment is the most important.