Modification of a Company's Business Model to Accommodate the Unique

question 114

Multiple Choice

Modification of a company's business model to accommodate the unique local circumstances of developing countries is best exemplified by

• A)Mahindra and Mahindra's number one ranking in J. D. Power Asia Pacific's annual new-vehicle overall quality category.
• B)Home Depot relying on its value propositions only in some developing countries.
• C)Unilever developing a low-cost detergent, named Wheel, for the Indian market.
• D)Japan's reputation for competitive strength in consumer electronics.
• E)Dell entering China by deviating from its traditional Internet-based orders to orders over phone and fax.

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Definitions:

Typographical Error

A mistake made in the typed or printed text, often referred to as a typo.

Contractual Capacity

The legal ability of a person to enter into a binding contract.

Promissory Estoppel

A law-based concept stopping a person from denying a vow made to another when the second party has legitimately acted on that vow to their detriment.

Article 2

Article 2 often refers to a specific section within a larger legal document or code, such as the Uniform Commercial Code in the United States, which deals with the sale of goods.