Which of the Following Does Not Pertain to the Term

question 24

Multiple Choice

Which of the following does not pertain to the term glocalization?

• A)was popularized by British sociologist Roland Robertson in the 1990s
• B)refers to the creation or distribution of global products that are customized to suit local laws
• C)using the Internet to provide local messages on a global basis
• D)emphasizes the belief that international sales succeed when companies adapt the product or promotion specifically to a particular locale
• E)popularized by Harvard professor Theodore Levitt

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Definitions:

Cost Of Goods Sold

The immediate expenses directly related to creating a company's sold products, covering both labor and materials costs.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, after all sales and purchases have been accounted for.

Accounting Period

A specific time frame for which financial statements are prepared, to measure the performance and financial position of a business.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenue, indicating the company's financial performance over a specific period.