An Important First Step in Adapting a Product to a Foreign

question 5

Multiple Choice

An important first step in adapting a product to a foreign market is to determine:

• A) the degree of newness as perceived by the intended market.
• B) the economic climate of the target market.
• C) the advertising parallels with the domestic market.
• D) the ability of a sales force to sell the product.
• E) the compliancy to religious doctrine(s) in the foreign country.

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Definitions:

Negotiate Terms

The process of discussing and agreeing on the specific conditions or clauses of a contract or agreement.

Consented

refers to the agreement or permission given by a party fully and without coercion.

Exculpatory Clause

A contractual provision that relieves one party from liability for harm caused to the other party.

Undue Influence

Improper or manipulative pressure or persuasion by one person over another, which results in an unfair or unwise decision or contract.