Four Kinds of Barriers Face Consumer Services Marketers in the Global

question 47

Multiple Choice

Four kinds of barriers face consumer services marketers in the global marketplace.Which of the following of these barriers is in force when a foreign market requires that services (such as banking or insurance) originate within the foreign market itself and not from outside sources?

• A)protectionism
• B)controls on transborder data flows
• C)protection of intellectual property
• D)cultural requirements for adaptation
• E)language translation barriers

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Definitions:

Risk Analysis

The systematic study and assessment of potential hazards that could impede achieving project or organizational goals, focusing on prevention and mitigation strategies.

Project Management Office

A centralized department within an organization that sets and maintains standards for project management throughout the organization.

Project Management Policies

Set of guidelines and protocols designed to govern project execution, ensuring consistency and alignment with organizational goals.

Project Performance

The evaluation of how effectively a project conforms to planned costs, schedules, and scope, including quality standards.