1. Explain the effect of counterfeit goods and black markets on international product strategies. ...

Question

1. Explain the effect of counterfeit goods and black markets on international product strategies.

2. Describe what counterfeit goods are and how companies protect their intellectual property and trademarks from counterfeit goods?

3. Why do countries have counterfeiting markets?

4. What countries are those?

5. What type of goods are common for counterfeiting?

6. What damage does counterfeiting cause?

7. Have you ever purchased a counterfeit item? Describe your personal experience.

Rudrakshi · Accepted Answer

Running Head: INTERNATIONAL BUSINESS						1
INTERNATIONAL BUSINESS								2
INTERNATIONAL BUSINESS
 
Table of Contents
1.	3
2.	3
3.	3
4.	3
5.	3
6.	4
7.	4
References	5
1.
As examined by Wiedmann, Hennigs and Klarmann (2017), it is stated that counterfeit products are substandard products and exactly copied products that use a company's trademark for purposes of deception and fraud without your consent. There are many ways, in which businesses can address the counterfeit threat, such as educating consumers
2.
Perhaps the main reason people buy fake products is because, they are generally cheaper than real, genuine products. People also buy them with the motive of misleading others by telling them that they have authentic products to add to their social worth. Fake products, so there are fake markets.
3.

1. Explain the effect of counterfeit goods and black markets on international product strategies. 2. Describe what counterfeit goods are and how companies protect their intellectual property and...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment