These marketing mixes are so multi-dimensional fully staffed corporations takes years to develop a strategy before entering a foreign market. I do not believe there is ever a perfect scenario but rather a series of changes or rather companies will settle in certain areas of the marketing mix if there are other areas that would have more of a benefit.
Please explain and give me your thoughts?
Solution Preview
Yes, it is indeed true that it takes a while before arriving
at near perfect or effective marketing mix for an appropriate
foreign market. One needs to learn with experience and passage of
time. In other words, development of corporate strategy and
effective marketing mix is a continuous learning process that
constantly gets influenced by various internal and …
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