Oct 16

Marketing 11

Chapter 2 Quiz

Marketing 11

1. Use the internet to look up GDP and then define it in your own words.

Next look at the next link on GDP and the World. (I've given you a link to a map with the country names as well)

http://en.wikipedia.org/wiki/Image:GDP_nominal_per_capita_world_map_IMF_2007.PNG

http://www.mapsnworld.com/world-map-political.html

2. What country's have the highest GDP?

3. What areas have the lowest GDP?

Many large company's operate internationally and a country's GDP could impact the company or change how a product is marketed. Coke is a good example go to the link below.

http://www.coca-cola.com/

4. Is it a good idea for coke to sell and advertise in so many countries around the world? Why or Why not?

5. What are some other company's that could operate all over the world (in country's with high and low GDP)?

6. What are some company's that would only be successful in country's with High GDP?

7. What kind of company's would only be successful in country's with Low GDP?

Marketing 12

Talk on Free Trade Agreements and economic freedom

Key terms and ideas
free and voluntary trade can increase overall wealth
free trade does negatively impact employment in some areas but increases it in others
public vs private ownership
specialization
incentives

Next, please finish the assignments from yesterday.  

Finish Sport Marketing Presentations.