Why is the knowledge of the political environment important


1. Why is the knowledge of the political environment important when entering a foreign market?

2. How do domestic companies identify the appropriate partners when they need to establish a global supply chain?

3. What do the marketers need to do to adapt domestic products or services to the unique characteristics of a foreign market?

4. As part of the promotion strategy, marketers use sales promotion. What is it? Please provide examples.

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