Examlex
Companies today find that they must consider whether to market their products using the same marketing approach throughout the world, or develop a separate strategy for each culture. The perspective that each country is unique, has a national character of its own, a distinctive value system, and personality characteristics, is termed:
Global Digital Divide
The gap between individuals, households, businesses, and geographic areas at different socio-economic levels with regard to their opportunities to access information and communication technologies.
Information and Communication Technologies
An umbrella term that includes all technologies for the manipulation and communication of information.
Equity Method
An accounting technique used by companies to assess the profits earned by their investments in other companies by reporting these profits as income.
Retained Earnings
Cumulative net income of a company that has not been distributed to shareholders as dividends, reinvested in the business.
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