Global Consumers Refer to

question 72

Multiple Choice

Global consumers refer to

• A)consumer groups living in many countries or regions of the world that have similar needs or seek similar features and benefits from products or services.
• B)customers within a nation who consider the entire globe their personal marketplace basing their purchases on product value.
• C)all potential consumers for any and all products or services regardless of cultural, ethnic, or national origins.
• D)consumer groups living in many countries or regions of the world that have similar needs but seek customized features and benefits, from products or services that reflect their individual cultures.
• E)multinational organizations whose products incorporate raw materials, assembly, and distribution contributions from multiple nations before they go to market.

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Definitions:

Fallacy Of Composition

An error in reasoning that arises from assuming that what is true of the parts must also be true of the whole.

Slippery Slope Fallacy

A logical fallacy suggesting that one small step will inevitably lead to a chain of related negative events.

Slippery Slope Fallacy

A logical fallacy that occurs when an argument falsely assumes that one action will lead to a series of other actions resulting in a negative outcome, without providing evidence for such a causal chain.

Fallacy Of Composition

The erroneous reasoning that what is true of the parts must also be true of the whole.