Globalization Opens the Doors for Companies to Attract New Customers

question 26

Multiple Choice

Globalization opens the doors for companies to attract new customers.One of the challenges is to determine how to meet the needs of these customers who have

• A) different income levels.
• B) low income levels.
• C) high income levels.
• D) steady income levels.

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Definitions:

Merger Approval

The authorization granted by a regulatory body or shareholders for two or more companies to consolidate into one entity.

Block Merger

A strategy in business consolidation where two or more companies with similar operations merge to create a larger entity.

Target Corporation

A large retail corporation headquartered in the United States, known for offering a wide range of goods including clothing, electronics, and groceries.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interests and possibly rights to dividends and voting in corporate matters.