Which of the Following Statements Is True of Culture and International

question 17

Multiple Choice

Which of the following statements is true of culture and international markets?

• A)Assuming cultural homogeneity across nations almost guarantees success in international markets.
• B)Planning strategies that consider cultural differences in international markets are simple and straightforward.
• C)Treating each foreign market as a separate market with its own submarkets and culture is a useful method in marketing.
• D)General human tendencies do not vary across cultures; therefore it is insignificant to consider cultural differences in international markets.
• E)Ignoring cultural differences is almost a guarantee of success in international markets.

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Definitions:

Income Inequality

The uneven distribution of income across various participants in an economy.

Income Inequality

The uneven distribution of income within a population, leading to a gap between the wealthiest and the poorest individuals.

Differences In Education

The variances in academic achievement, quality, and opportunities among individuals or groups, often influenced by social, economic, and geographic factors.

Noncash Transfer

Financial assistance provided in forms other than direct monetary payments, such as vouchers, benefits, or goods.