Which of the Following Factors Hinders Globalization of Consumer Goods

question 79

Multiple Choice

Which of the following factors hinders globalization of consumer goods market?

• A) National differences in tastes and preferences
• B) Higher production costs in developed nations
• C) Homogenization of material culture
• D) Increasing outsourcing of goods and services

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Definitions:

Bonus

An additional compensation given to employees as an incentive or reward beyond their normal salary.

Commission

A payment to a salesperson for achieving a sale, often calculated as a percentage of the sale price.

Commission Rate

The percentage or fixed amount of compensation paid to an agent or employee for facilitating or completing a sale or transaction.

Freight

The transportation of goods, cargo, or commodities by land, sea, or air.