Analysis should include cultural, political, economic, legal, and demographic data necessary to make marketing decisions.
Process/Skill Questions:
- What information is important in determining target countries for export or import?
- How can a business determine current export and import trends?
- What market information is necessary to determine both domestic and international competition?
- How can a business use the information collected to successfully target a country?
- Why do countries specialize in producing certain goods and services?
- Why is it sometimes difficult to conduct primary research in a less-developed country?
Teacher Resources: