Which of the Following Can Induce a Firm to Expand

question 39

Multiple Choice

Which of the following can induce a firm to expand into the international arena?

• A) Consumer preferences in the domestic market vary widely.
• B) Average income level of domestic consumers is high.
• C) The firm operates in an industry that caters to the mass market.
• D) The firm finds that the domestic market is almost saturated.
• E) The firm is yet to achieve economies of scale even though the domestic market has potential.

Comprehend the challenges and complexities of global distribution.

Recognize and explain the impact of product adaptation in global markets.

Identify strategies for competitive global marketing approaches.

Describe the principle of product extension and its application in global marketing.

---

Definitions:

Civil Rights

The rights of citizens to political and social freedom and equality, protected by law against discrimination or infringement.

Congressional Black Caucus

A caucus made up of most African American members of the United States Congress, advocating for the interests of Black Americans and other minorities.

Equal Employment Opportunity Commission

A U.S. federal agency that administers and enforces civil rights laws against workplace discrimination.

Clarence Thomas

An Associate Justice of the Supreme Court of the United States, known for his conservative judicial positions and for being the second African American to serve on the Court.