Pomeroy,Inc

question 87

Multiple Choice

Pomeroy,Inc.is a major player in the U.S.consumer electronics markets.It sells radios,televisions,CD players,and a number of similar products.Its CEO believes that Pomeroy can go into international markets with the same product line that it offers in the U.S.Which of the following factors constrains Pomeroy,Inc.'s ability to sell a standardized product to a global market using a standardized marketing strategy?

• A)modern transportation
• B)modern communications technologies
• C)rise of the global media phenomenon
• D)development of a global culture
• E)differences in product and technical standards

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean of the set.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean.

Standard Error

The standard deviation of the sampling distribution of a statistic, typically the mean, indicating the variability of an estimate.

Mean

The mean is the average of a set of numbers, calculated by adding them all together and then dividing by the count of those numbers.