Which of the Following Statements Is True in the Context

question 63

Multiple Choice

Which of the following statements is true in the context of local demand conditions?

• A) Companies are typically least sensitive to the needs of their closest customers.
• B) Home demand plays little role in helping companies upgrade their national competitive advantage.
• C) A nation's companies gain competitive advantage if their domestic customers are sophisticated and demanding.
• D) The characteristics of international demand alone shape the attributes of a company's products; not local demand.
• E) Local demand characteristics have little role to play in creating pressure for innovation and quality.

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Definitions:

Amygdala

A region of the brain involved in experiencing emotions, particularly fear and pleasure.

Emotional Importance

The significance or value that individuals attach to certain emotions or feelings in their lives.

Holocaust Survivors

Individuals who lived through the systematic persecution and murder of six million Jews and millions of others by the Nazis and their collaborators during World War II.

Compassion

A deep awareness of and sympathy for another's suffering.