Which of the Following Is True with Regard to the Challenges

question 32

Multiple Choice

Which of the following is true with regard to the challenges faced by companies operating in developing countries?

• A) In developing countries, the liability system assigns the social cost of injuries to producers and consumers.
• B) In developing countries, poverty, lack of education, and inadequate health care create situations in which individuals cannot be expected to make the same decisions that would be made in a developed country.
• C) Developing countries are twice as vulnerable as developed countries to natural calamities causing considerable difficulties to companies operating in those countries
• D) In developing countries, regulation establishes safety standards and requires information and warnings about hazards.

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Definitions:

Valid Objection

A genuine concern or issue raised by a prospective buyer that needs to be addressed or resolved by the seller for the sales process to advance.

Prospect's Objection

The concerns or hesitations raised by a potential customer against purchasing a product or service.

Reason To Buy

The motivation or justification that persuades a customer to make a purchase.

Objections

Resistance or doubts expressed by a potential customer, highlighting concerns or questions regarding a product or service.