Which of the Following Must Be Taken into Consideration by a Food

question 60

Multiple Choice

Which of the following must be taken into consideration by a food company,such as Kraft,when entering a global market?

• A) Food companies must adjust their approaches to global markets by recognizing their unique characteristics and consumer demands.
• B) Food companies can penetrate any market with any product as long as they spend enough on promotion.
• C) Food companies like Kraft know that other countries will automatically like the taste of American products.
• D) Food companies must always reformulate U.S.products for other markets,because there are no consumer preferences that cross multiple cultures.
• E) None of these.

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Definitions:

Woodrow Wilson

The 28th President of the United States (1913-1921), known for his leadership during World War I and his advocacy for the League of Nations.

Theodore Roosevelt

The 26th President of the United States (1901–1909) known for his vigorous foreign policy, conservation efforts, and progressive policies.

Economic Concentration

Economic concentration refers to a condition in an industry or market where a small number of companies or entities hold a large share of the market, leading to reduced competition and potentially higher prices for consumers.

Theodore Roosevelt

The 26th president of the United States, notable for his exuberant personality, range of interests and achievements, and his leadership of the Progressive Movement.