Which of the Following Statements Best Supports the Claim That

question 15

Multiple Choice

Which of the following statements best supports the claim that greater uniformity replaces diversity in the context of global markets?

• A)Differences in business systems and legal regulations lead companies to customize their marketing strategies, product features, and operating practices to best match conditions in a particular country.
• B)As rival global firms follow each other across countries, they bring with them their brand names, products, and marketing strategies from other national markets, thus creating homogeneity across markets.
• C)Truly innovative companies succeed by developing products that serve specific needs of the local markets.
• D)The volume of goods, services, and investment crossing national borders has expanded at a slower rate than world output for more than half a century.
• E)The most global of markets are not typically markets for consumer products, as significant differences in consumer tastes and preferences still exist among national markets.

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Definitions:

Capital Lease

A lease agreement that is considered a purchase of an asset for accounting purposes, because it transfers substantially all the risks and rewards of ownership.

Bargain Purchase Price

A price for an asset that is significantly below its fair market value.

CRA

Credit Risk Analysis, assessing the risk of default on a loan by evaluating the potential borrower's creditworthiness, or it could stand for Canada Revenue Agency, the federal agency responsible for tax laws for the Canadian government.

Operating Lease

A lease agreement allowing the use of an asset without ownership, typically with shorter terms than capital leases.