Global Companies Have Five Strategies for Matching Products and Their

question 202

Multiple Choice

Global companies have five strategies for matching products and their promotion efforts to global markets. An adapt product-adapt promotion emphasis refers to which type of strategy?

• A)product extension strategy
• B)product adaptation strategy
• C)dual adaptation strategy
• D)product invention strategy
• E)communication adaptation strategy

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Definitions:

Short Run

The time period in which at least one input is fixed.

U.S. Imports

Products and services purchased by United States residents from foreign nations.

Japanese Producers

Japanese producers refer to businesses or individuals based in Japan engaged in the production of goods or services, known for their innovation and quality across various industries.

Tariff

A levy placed by a government on imports to manage trade amounts and safeguard local sectors.