Which of the Following Is True of Theodore Levitt's Arguments

question 56

Multiple Choice

Which of the following is true of Theodore Levitt's arguments concerning the globalization of world markets?

• A)Modern transportation is facilitating a convergence of tastes and preferences among consumers in advanced countries of the world.
• B)Academics feel that Levitt understates his case concerning global markets and the fall of multinational corporations.
• C)Globalization,in the sense used by Levitt,is the rule in consumer goods markets and industrial markets.
• D)Levitt's arguments hold true with respect to consumer goods markets but not for basic industrial products.
• E)As observed by Levitt,multinational corporations do not tailor their products to suit different countries.

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Definitions:

Cortisol

A steroid hormone produced by the adrenal glands, playing a role in stress response, metabolism, and immune function.

Insulin

A hormone produced by the pancreas that regulates blood sugar levels.

Serotonin

A neurotransmitter in the brain associated with regulating mood, anxiety, and happiness.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in the body's fight-or-flight response, increasing heart rate, and dilating airways.