Valdez,Daniel
2-BSBA-MM
1. Why Should We Study Global Marketing?
 As a marketing student, studying global marketing is important because it gives as an
insights on planning, producing, placing, and promoting a business' products or services
in the worldwide market.
2. What is Global Marketing Environment?
 Is composed of the actors and forces that affect a company's ability to operate effectively
in providing services and products to its customers.
3. Define Local, Regional and Global Economy?
 Local Economy - refer to market and networking systems that are part of a specific
community.
 Regional Economy - the just ,fair, transparent, accessible and moderate economic system
and range of economic activity in a regional area of a country
 Global Economy - refers to the interconnected worldwide economic activities that take
place between multiple countries.