Which of the Following Is the Best Example of a New-To-The-World

question 89

Multiple Choice

Which of the following is the best example of a new-to-the-world product?

• A) Walmart, the retail giant, opens new stores in an underdeveloped African country.
• B) Pestorica, a publishing company, decides to launch a new sports magazine.
• C) Tata Motors, an Indian automobile company, acquires Jaguar to extend its business.
• D) An Asian company licenses a US apparel brand name though the brand is not familiar in Asia.
• E) Kids-Med, a company that produces childcare products, launches a non-contact thermometer.

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Definitions:

Social Laws

Rules and regulations established by a society that govern the behavior of its members and are enforced by legal institutions.

Microsociology

The study of individual or small group interactions and behaviors in specific contexts, focusing on the details of social life.

Zoom Lens

A camera lens that allows the focal length to be easily changed, enabling the photographer to magnify the subject without changing their position.

Qualitative Research

A research method focusing on understanding phenomena through an in-depth examination of people's experiences, perspectives, and narratives.