Which of the Following Is a Characteristic of Products Produced

question 52

Multiple Choice

Which of the following is a characteristic of products produced by multinational corporations?

• A)Products are developed to meet unique market requirements whenever possible.
• B)A firm that starts with a local strategy is better able to develop global products.
• C)Products are inadequately distributed in local markets.
• D)Test marketing is not required for products developed by multinational firms.

---

Definitions:

Bankruptcy

A legal proceeding involving a person or business that is unable to repay their outstanding debts, leading to the disposition of assets to pay creditors.

Primary Liability

The obligation to pay a debt or fulfill a contractual obligation first, before any secondary parties are called upon.

Indorsers

Individuals who sign their names on the back of negotiable instruments, like checks or promissory notes, transferring their rights to another party.

Accommodation Maker

A person who signs a loan instrument to help someone obtain credit but who has no direct benefit from the loan.