Among the Factors That Make for the Creation of a Global

question 21

Multiple Choice

Among the factors that make for the creation of a global industry are all of these EXCEPT

• A) Economies of scale
• B) The presence of heterogeneous product needs across markets
• C) A low level of trade regulation
• D) A high level of R & D expenditures on products

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Definitions:

Eating Habits

The patterns, preferences, and behaviors associated with how people consume food, including timing, types of food, and eating practices.

Approach-Avoidance Conflict

A psychological conflict that occurs when a single goal or event has both attractive and unattractive aspects, leading to internal struggle.

Prestige

The respect and admiration that an individual or organization gains based on their achievements or quality.

Hard Work

Persistent effort applied towards achieving a goal or completing tasks.