When Identifying Global Market Segments,a Fundamental Guiding Principle Should Be

question 4

Multiple Choice

When identifying global market segments,a fundamental guiding principle should be the need to determine:

• A)shared demographic characteristics.
• B)similar languages.
• C)similar needs and buying behavior.
• D)similar ethnic backgrounds.
• E)similar geographic regions.

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Definitions:

Apparent Agency

An agency relationship created by operation of law when one party, by his actions, causes a third party to believe Experiential Element

Insolvency

A financial state where an individual or entity cannot meet their debt obligations as they become due.

Fiduciary

A person or organization that acts on behalf of another person or persons, putting their clients' interest ahead of their own, with a duty to preserve good faith and trust.

Agency Relationship

The association between one party and an agent who acts on behalf of that party.