In the Global Economy,rivalry Is Intensifying.Consequently

question 59

Multiple Choice

In the global economy,rivalry is intensifying.Consequently:

• A) dominant cultures are overwhelming those of emerging nations,making cultural diversity an issue mainly among developed nations.
• B) it is becoming more likely that industrialized nations will continue to dominate world markets,overwhelming emerging countries.
• C) strong brand names are especially important in opening new markets.
• D) only companies with cost-leadership strategies have a competitive advantage.

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Definitions:

Korea

A country in East Asia, known for its rich history, culture, and division into North and South Korea in the 20th century.

China

A country in East Asia, known for its long history, vast territory, and significant influence on culture and philosophy worldwide.

Tale of Genji

An early 11th-century Japanese literary work by Murasaki Shikibu, considered the world's first novel, offering a detailed portrayal of court life in the Heian period.

Interior Space

The area or volume within the confines of a building or structure, designed and utilized for human activities and habitation.