During the Early Stages of Globalization,in the 1950s and 1960s,_______________

question 23

Multiple Choice

During the early stages of globalization,in the 1950s and 1960s,_______________ were uniquely positioned because they had the skills necessary to develop,promote,and market brand name consumer products.

• A) large U.S.firms
• B) Japanese electronics companies
• C) low-cost Chinese manufacturers
• D) European service companies
• E) Mideast oil producers

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Definitions:

Simple

Easily understood or straightforward; not complicated.

Sincere

Genuine and free from pretense or deceit; honest.

Timely

The term timely denotes occurring at a suitable or opportune moment, often implying the importance of being prompt or within an appropriate time frame.

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