What Trend Contradicts Theodore Levitt's Arguments for the Globalization of World

question 27

Multiple Choice

What trend contradicts Theodore Levitt's arguments for the globalization of world markets?

• A) Consumers in most developed countries do not sacrifice preferred attributes for lower prices.
• B) Tastes and preferences are becoming more cosmopolitan due to cultural convergence.
• C) Similar product and technical standards across countries help a firm sell the same product worldwide.
• D) The emergence of the global youth segment is evidence of market segments that transcend national borders.
• E) The structure of market segments is extremely similar in various countries.

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Definitions:

Bulk Transfer

A term from commercial law referring to the transfer of all or a substantial part of a business's inventory or equipment in one transaction.

Bulk Sales Law

Laws designed to protect creditors by requiring business owners to provide notice before transferring or selling a large part of their inventory or assets outside of the regular course of business.

Article 6

A reference that may pertain to a specific clause within a legal document or constitution, requiring context for an accurate definition.

Good Faith Purchaser

An individual who buys property without knowledge of any existing claims or defects, and thereby obtains legal protection.