_____ Refers to the Modification of Product Design and Advertising

question 145

Multiple Choice

_____ refers to the modification of product design and advertising strategies to suit the specific needs of individual countries.

• A) Domestic strategy
• B) Global strategy
• C) Transnational strategy
• D) Multidomestic strategy
• E) Market design strategy

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Definitions:

Donee Beneficiaries

Individuals or entities that receive benefits from a contract, though they are not one of the primary parties involved in the agreement.

Creditor Beneficiaries

Third parties that benefit from a contract between two other parties because one party promises to pay a debt owed to the beneficiary.

Incidental Beneficiaries

Individuals or entities that unexpectedly benefit from a contract, despite not being directly involved in its formulations.

Creditor Beneficiary

A third party that benefits from a contract made between two other parties, especially regarding debt repayment.