Among the Potential Disadvantages of Having Global Operations Is/are

question 2

Multiple Choice

Among the potential disadvantages of having global operations is/are

• A)low labor productivity.
• B)less restrictive environmental regulation.
• C)lower wage costs.
• D)proximity to global markets.
• E)favorable liability laws.

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Definitions:

Consumer Involvement

The degree of interest and importance that consumers attribute to the purchase of a specific product or service.

Product Knowledge

An understanding of a product’s features, benefits, applications, and potential limitations, crucial for effective marketing and sales strategies.

Routine Problem Solving

A decision-making approach used for frequently encountered, low-involvement purchase decisions, involving minimal effort and consideration.

Consumer Touchpoints

A marketer’s product, service, or brand points of contact with a consumer from start to finish in the purchase decision process.