The document discusses global marketing environment and current trends. It defines global marketing and explains the key elements of the global marketing environment, including the international trade system, economic, political, cultural environments, and reasons for companies to engage in global marketing. It then describes the internal and external factors that comprise the global marketing environment, and how companies can enter global markets through exporting, licensing, joint ventures, and direct investment. Current trends in global marketing such as social marketing, relationship marketing, and green marketing are also outlined.