Before Exporting into a New Country,GlobalNOW!,a Canadian Consumer Packaged Goods

question 10

Multiple Choice

Before exporting into a new country,GlobalNOW!,a Canadian consumer packaged goods company,always consults first with the ____,a federation of national standards organizations from 140 countries.

• A)Global Standards Consortium
• B)International Standards Organization
• C)World Standards Union
• D)Homogeneous Earth Conglomerate

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Definitions:

Patent Protection

A legal right granted by the government to an inventor granting them exclusive rights to use, sell, and manufacture an invention for a certain period of time.

Going Local

Refers to the preference for local products, services, and experiences over those that are global or imported.

Innovator's Imperative

The necessity for innovators to continually seek out and implement new ideas, solutions, or technologies to stay competitive and relevant.

New Knowledge

Information or insights that have been recently discovered or understood, contributing to the body of understanding in a field.