What do you mean by Global Market ?
Answers
Explanation:
From Longman Business Dictionary ˌglobal ˈmarket [singular] the activity of buying or selling goods and services in all the countries of the world, or the value of the goods and services soldThe explosive growth of the online economy is forcing businesses of all sizes to compete in a global market.
Answer:
From Longman Business Dictionary ˌglobal ˈmarket [singular] the activity of buying or selling goods and services in all the countries of the world, or the value of the goods and services soldThe explosive growth of the online economy is forcing businesses of all sizes to compete in a global market.
Explanation:
Global marketing is especially crucial for products and services that have universal demand. For example, food is a product with universal demand, i.e., everybody needs and buys food. Insurance is an example of a service with universal demand.