Which of the Following Countries Would a Watchmaker Most Prefer

question 93

Multiple Choice

Which of the following countries would a watchmaker most prefer to manufacture its watches in,in order to capitalize on buyer perceptions of high quality?

• A) China
• B) Thailand
• C) Mexico
• D) Switzerland

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Definitions:

Aging Population

A demographic trend characterized by an increase in the proportion of older individuals in the population.

Entrepreneurs

Entrepreneurs are individuals who start and manage their own businesses, often taking on financial risks in the hope of profit.

Opportunities

Circumstances that present chances for progress, growth, or advancement in personal or professional contexts.

Franchise

A business model that allows individuals or entities to operate a branch of a larger company, using its brand, systems, and support in exchange for fees or royalties.