The Global Harmonization Task Force Is an International Effort That

question 75

Multiple Choice

The Global Harmonization Task Force is an international effort that is attempting to:

• A) synchronize standards for several international industrial sectors.
• B) promote free trade among developing and developed nations.
• C) equalize wages among countries.
• D) increase double testing of goods and services.
• E) equalize the perception of quality across countries.

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Definitions:

Cash Cow

A product, service, or business unit that generates a steady flow of profits with minimal investment.

Star

In the context of the Boston Consulting Group matrix, refers to a product or business unit with a high market growth rate and high market share, suggesting high potential.

Dog

A domesticated carnivorous mammal, Canis lupus familiaris, known for its loyalty and companionship as a pet.

Question Mark

In the context of the Boston Consulting Group matrix, products or business units with low market share in fast-growing markets.