Please evaluate the following in 250 words: As we enter into a Global Marketing
ID: 324862 • Letter: P
Question
Please evaluate the following in 250 words: As we enter into a Global Marketing class please share with us where you see global trends right now. Is a certain market more desirable then others? Is there a certain market where businesses are pulling out? Please evaluate the following in 250 words: As we enter into a Global Marketing class please share with us where you see global trends right now. Is a certain market more desirable then others? Is there a certain market where businesses are pulling out?Explanation / Answer
Today global trends suggest a growth in investment potential of China, India and the US. China has been a great investment destination for some time and due to lower cost of labor, it has remained to be among the top. Though US has some recent trouble due to visa and immigration laws, but still US has been one of the top market. China and now India have become attractive markets for several types of investments especially service and manufacturing. The reasons for these changes in global marketing attractiveness can be attributed to the fact that, now both these countries have stable governments in place, there is huge investment driven policies and friendly tax laws. Apart from these, good bilateral relationships have also increased the influx of investments from friendly nations, which have helped in the overall business development in these specific markets.
Along with the above US, China and India are all huge markets in themselves, which helps many investors to see them as bonus for investment and the return on these investments are quicker.
At the same time there has been a severe drop in the market attract ability of the EU region, there is a lot of uncertainty due to Brexit and EU overall has become less desirable and there is a 46% decrease in the amount invested. Due to several factors mostly political instability and higher taxes there is drop in new investments.