Examlex
Which component of GDP includes spending on new structures and equipment?
Cultural Trends
Patterns of behavior, practices, beliefs, and values that are prevalent within a society at a particular time, often influencing various aspects of life and business.
Differentiation Strategy
A business approach aiming to distinguish a product or service from competitors' offerings through unique features, quality, or brand image.
Locally Responsive
The capacity of a business to tailor its products or services to meet the specific needs and preferences of local markets or cultural groups.
National Differences
Encompasses the various distinctions that exist between nations, such as cultural, economic, social, and political differences.
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