In International Business, a Product That Is Not Widely Available

question 14

Multiple Choice

In international business, a product that is not widely available in a foreign market and satisfies an unmet need:

• A)is likely to have greater value.
• B)will have to be priced relatively low.
• C)will see a decrease in sales volume.
• D)is not suited to that particular market.
• E)will fail to make a profit.

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Definitions:

Appraisal

The evaluation or estimation of the nature, quality, or importance of something or someone.

Extrinsic Motivation

The drive to perform an activity due to external rewards or pressures, rather than for the sake of enjoyment or intrinsic satisfaction.

Self-Actualization

Bringing to fruition one's inherent talents and possibilities, viewed as a basic hunger or impulse present in everyone.

Kinsey Reports

Pioneering studies on human sexual behavior published by Alfred Kinsey and his team in the mid-20th century.