When Developing Countries Began Encouraging Foreign Investors and Imports,companies Like

question 41

Multiple Choice

When developing countries began encouraging foreign investors and imports,companies like Black & Decker and Pillsbury offered a wide array of products to countries throughout the world.Because of enormous populations in developing countries,these companies predicted a potential for strong annual sales.However,in addition to total population and factors such as distribution of people within a country and household incomes,companies must not overlook which of the following factor?

• A)demographic
• B)political
• C)cultural
• D)educational

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Definitions:

Residential Hot Water Heater

A device used in homes to heat water for domestic purposes such as bathing and cooking.

Selling Price

The amount a product or service is sold for, which could include profit margins beyond the cost of goods.

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Manufacturer's Markup Percent

The percentage added to the cost of goods by manufacturers to determine the selling price.