Because Consumer Tastes Around the World Are Converging, Product Differentiation

question 4

True/False

Because consumer tastes around the world are converging, product differentiation will soon be unnecessary.

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Definitions:

Mass Media

Various forms of communication technologies and platforms, such as television, radio, newspapers, and the internet, that reach a large audience simultaneously.

Press Releases

Official statements issued to newspapers giving information on a particular matter.

Large Corporations

Mega businesses or companies that operate on a global scale, often having a large impact economically and socially.

Government Agencies

Organizations established by a governmental body to administer and implement specific legislation, policies, and functions.