Which of the Following Statements Regarding Standardization Versus Adaptation in the Industrial

question 65

Multiple Choice

Which of the following statements regarding standardization versus adaptation in the industrial market is most correct?

• A)the exact same situation occurs in marketing industrial goods as in marketing consumer goods
• B)there is more standardization in industrial goods because there is more similarity in marketing these goods to businesses in the international marketplace
• C)there is more adaptation in industrial goods than in consumer goods
• D)the industrial goods market demands adaptation
• E)the industrial goods market vary across cultural groups

---

Definitions:

Credit Balance

A situation in financial accounts where the amount of credits exceeds the amount of debits, indicating an amount owed to the account holder.

Selling Receivables

The process of selling accounts receivable to a third party to get immediate cash, also known as factoring.

Issues

Challenges or problems that arise in the context of business or project management, requiring attention and resolution.

Credit Card

A payment card issued to users as a method of payment allowing the cardholder to pay for goods and services on the basis of the holder's promise to pay for them.