In Mexico, GE came up with a research and development centre known as GE Gas. It was a joint venture with MABE, a Mexican appliance company. It produces about 30% of the gas stove requirement in the US. GE is also investing about $600 million in setting up a thermo electric power plant.
As there was limited scope for further market expansion in USA, GE’s CEO, John F. Welch Jr., along with its vice chairman has been advocating for going global. …show more content…
a) Free trade policies b) Restrictive trade policies
c) Internal Integration d) Data Integration 3) International marketing integrates the economies of different countries and develops ________________________.
a) Mutual cooperation b) Bilateral business relations c) Data Integration d) Internal Integration
4) International marketing creates new avenues in which of the following areas?
a) Dispute resolution b) Employment generation
c) Ethical marketing d) Customer satisfaction
5) Which of the following helps in reducing the gap between the developed and developing