When a Product Serves Universal Needs,it Becomes More Attractive To

question 49

Multiple Choice

When a product serves universal needs,it becomes more attractive to:

• A)customize products to suit small consumer groups.
• B)become more locally responsive.
• C)concentrate production at an optimal location.
• D)globally disperse production to all major markets.

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Definitions:

Mean

The average of a set of numbers, calculated by dividing the sum of all values by the count of values.

Skewed

Describes a situation where a distribution of data is not symmetrical and may lean towards one side, either to the left or right, indicating potential outliers or a deviation from the normal distribution.

IQR

Interquartile range, a measure of statistical dispersion being the difference between the 75th and 25th percentiles.

Consistent Player

An athlete or participant who performs steadily and reliably over time.