A Major Disadvantage of ________ Is That They Can Seldom

question 20

Multiple Choice

A major disadvantage of ________ is that they can seldom afford to make the kind of market investment needed to establish deep distribution for products.

• A) export management companies
• B) trading companies
• C) import associations
• D) global retailers
• E) complementary marketers

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Definitions:

Informal Relations

Interactions and connections between individuals or groups that are not governed by formal rules, structures, or procedures, often based on personal or community ties.

Keynesian Economics

An economic theory proposed by John Maynard Keynes, suggesting that government intervention through public policies can influence macroeconomic productivity and stabilize economies.

Neoliberalism

An ideology and policy model emphasizing free-market capitalism, deregulation, and reduction in government spending.

Global Economy

An interconnected world economic system in which goods, services, and labor move across national boundaries with minimal restriction.