In _____ Companies Initially Develop Products for Niche or Underdeveloped

question 3

Multiple Choice

In _____ companies initially develop products for niche or underdeveloped markets, and then expand them into their original or home markets.

• A) glocalization
• B) reverse innovation
• C) homogenization
• D) localization
• E) inverse creation

---

Definitions:

Financial Risk

The possibility of losing financial capital or value, including the risks from market movements, credit risk, liquidity risk, and operational risks faced by investors or companies.

Debt Financing

Raising capital through the sale of bonds, loans, or other notes to individuals or institutions.

Return on Assets

A financial ratio indicating how profitable a company is relative to its total assets.

Weighted Average Cost of Capital

An average representing the expected return on all of a company's securities, weighted according to the proportion each contributes to the total capital structure.