Category: economic

Standardized is one of the most essential factor in trannational marketing plan

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STANDARDIZED is one of the most essential factor in transnational marketing plan.A standardize global marketing plan offers a number of advantages.  Standardized is one of the most essential factor in transnational marketing plan.The advantages are describes here.1.Cost savings:-There are significant cost savings if standardization is practiced.A company that limits the number of models and variants ….  Read More

REGIONAL ECONOMIC COOPERATION’S ANDEAN GROUP FOCUSED MAIN TARGETS OF GLOBAL MARKET

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ANDEAN GROUP is one of the reputed firm operates in Latin America.This group,officially known as the Acuerdo de Cartagena and also known as the Group Andino or the Pacto Andino,aims to accelerate the harmonious development of its member states through economic and social integration. The members of the group are Bolivia,Colombia, Ecuador,Peru and venezuela.The organization consists ….  Read More

ORGANIZATION FOR INTERNATIONAL ECONOMIC COOPERATION(OIEC)

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The Council for Mutual Economic Assistance (COMECON,CMEA) was established in 1949 on a soviet initiative with Bulgaria,Czechoslovakia ,Hungary,Poland and Romania as the other founder members.The German Democratic Republic, Mongolia,Cuba and Vietnam joined later and Yugoslavia had associate status. Its purpose was to create a common market among its members and to promote the coordination and ….  Read More

GRASS ROOT FOUNDATIONS OF GLOBAL BUSINESS ISSUES

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GRASS ROOT OF BUSINESS ESTABLISHMENTUnder what conditions am I allowed to establish trade? To transact business citizens of one country must be assured that they will be treated fairly in another country. In today’s global market place,especially in India, the conditions for doing business are undergoing rapid change. Consequently and at least for ASIS, one ….  Read More

HOW MANY TYPES OF ECONOMIC SYSTEMS IN GLOBAL MARKET

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There are three types of economic systems:– capitalist, socialist and mixed.These classifications are based on the method of resource allocation in the system, which is market allocation, command or central plan allocation and mixed allocation, respectively.   There are no pure examples of market or central plan allocation systems. All actual systems are mixed allocation. ….  Read More