Which of the Following Supports the Argument That Customer Demands

question 55

Multiple Choice

Which of the following supports the argument that customer demands for local customization are on the decline worldwide?

• A)Local and indigenous industries are increasingly filling up available demand.
• B)High costs of local customization are deterring companies from doing so.
• C)Governments across the world are standardizing their legal procedures.
• D)Customer tastes have converged worldwide.
• E)Managers worldwide ignore the differences in consumer tastes and preferences.

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Definitions:

Creditor Beneficiary

A person or entity that benefits from a contract made between two other parties, particularly where one party promises to pay a debt owed to the beneficiary.

Breach Of Contract

An instance wherein one party fails to fulfill their obligations under a contract.

Credit

The provision of resources (such as money) by one party to another where the second party does not reimburse the first party immediately but promises to repay those resources at a future date.

Third Person

An individual or entity not directly involved in a contract or legal agreement but who may be affected by it or have rights pertaining to it.