For Which of the Following Products Is an International Strategy

question 89

Multiple Choice

For which of the following products is an international strategy most suitable?

• A) For luxury goods that can be shipped across the globe
• B) For products with low value-to-weight ratios such as steel
• C) For food products that are specific to certain cultures
• D) For products with high linguistic content

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Definitions:

Economic Success

A measure of financial achievement and stability, often indicated by income, employment, and wealth, reflecting an individual's or nation's prosperity.

Ethnic Groups

Groups of people who share common ancestry, language, religion, customs, or combination of such characteristics.

Ethnic Enclave

is a geographic area with high ethnic concentration, characteristic cultural identity, and economic activity which differentiates it from the wider society.

Social Context

The environmental and cultural setting in which a certain behavior, event, or phenomenon occurs, influencing its interpretation.