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A clothing company in Singapore which specialized in women's clothing, had to modify its clothes before introducing them to Iranian markets, to suit the needs of women in that country. Women in Iran are expected to cover themselves completely. The company mostly used opaque material and provided accessories like scarves. Which of the following factors is dictating product adaptation in the above scenario?
Capital Needs
Capital needs are the financial requirements a company needs to maintain and grow its operations, including funds for investment in assets, technology, and workforce.
Synergistic Benefits
The enhanced value created by the combination of two or more companies or assets, which is greater than the sum of their separate effects.
Merger
The combination of two or more companies into a new entity, often aiming to achieve more efficiency or market share.
Fair Market Value
The price that a willing buyer and a willing seller would agree upon, given both parties have reasonable knowledge of the asset’s particulars.
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