Which of the Following Factors Increases Pressures for Local Responsiveness

question 32

Multiple Choice

Which of the following factors increases pressures for local responsiveness?

• A) Powerful buyers
• B) Uniformity in distribution channels
• C) Host government demands
• D) Similarities in customer tastes and preferences
• E) Competitors that are based in high-cost locations

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Definitions:

Income Redistribution

The reallocation of income across a society through mechanisms like taxation, welfare, and public services to achieve economic equity.

Income Distribution

How a nation’s total GDP is distributed amongst its population, affecting the economic welfare of its citizens.

Marginal Utility

The added contentment or utility one gains from using an additional unit of a good or service.

Transferring Income

Transferring income involves reallocating resources or money from one group to another, often through mechanisms like taxation, welfare, or subsidies.