Which of the Following Statements Best Supports the Claim That

question 68

Multiple Choice

Which of the following statements best supports the claim that "greater uniformity replaces diversity" in the context of global markets?

• A)Because of differences in business systems and legal regulations,companies have to customize their marketing strategies,product features,and operating practices to best match conditions in a particular country.
• B)As rival global firms follow each other across countries,they bring with them their brand names,products,and marketing strategies from other national markets,thus creating homogeneity across markets.
• C)Truly innovative companies succeed by developing products that serve specific needs of the local markets.
• D)The volume of goods,services,and investment crossing national borders has expanded at a slower rate than world output for more than half a century.

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Definitions:

Demand

The consumer's desire and willingness to pay a price for a specific good or service.

Cash Sales

Transactions in which goods or services are paid for and received at the time of the transaction with cash or other immediate payment methods.

Cash Cycle

The period between the purchase of inventory and the collection of receivables from customers, indicating liquidity.

Discount

A reduction from the usual cost of something.