The survival and reasons for failure in competition with the international brands of soft drinks.
Answers
Answer:
People have a mind set that international brands of cold drinks are better than the local ones so they buy the one which they feel that is good for their health.
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International Business - When the business operations are done outside of the domestic boundaries. International Business helps in the growth and development of domestic business overseas.
EXPLANATION-
International business involves the sale and advertising of the goods and services but all the important decisions taken by the headquarters back in the domestic country.
If we talk about the survival or failure of soft drinks in international business has a probability of various factors.
The factor for survival and failure -
Geographical distribution-
One of the most important factors for survival or failure impacts what temperature and climatic conditions of the area are off.
Custom and belief system -
If the country were we want to expand our business, has a custom belief not to use the soft drinks in their food culture will lead to failure.
Advertisement practices -
If the advertisement practices the companies follow is differ from what mind of customers is. They will not lead to ineffective business working.
Unfamiliar taste and quality-
When a business is expanding its business from one country to another theirs are lots of differences between the taste and quality a customer likes to have. If we are unable to meet it than also there are chances of failure.
Conclusion-
Hence, these factors can work in favor of failure for the business entrepreneurs working in international business.
Learn more about the International business from here -https://brainly.in/question/7886224