Which of the Following Is Not a Global Trend That

question 49

Multiple Choice

Which of the following is not a global trend that was specified in the Mckinsey & Company study?

• A)Increasingly global labor and talent markets.
• B)A growing number of consumers in emerging economies.
• C)Increasing constraints in supply or usage of natural resources.
• D)Growing global demographic trends.
• E)Growth of public sector.

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Definitions:

Laggards

Describes consumers or organizations that are slow to adopt new technologies or innovations, often due to skepticism or lack of resources.

Product Life Cycle

The progression of a product through different stages from introduction to growth, maturity, and decline.

Profit Margins

Ratios or percentages that reveal the profitability of a company by comparing its net income to its sales.

Product Life Cycle

The stages a product goes through from development and introduction to the market, through growth and maturity, and eventually its decline.