According to the "Continuum of Environmental Sensitivity

question 110

Multiple Choice

According to the "continuum of environmental sensitivity":

• A) industrial products usually need to be adapted to foreign markets more than consumer products.
• B) consumer products that are linked to other social or cultural variables are easily adaptable to foreign markets and thus involve very little risk in international marketing.
• C) it is extremely risky to market basic commodities in international markets.
• D) some products are more adaptable to foreign markets than others--and thus may be less risky.
• E) All of the above are true statements.

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Definitions:

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the physical factors of production including machinery used to produce goods.

Resource

An economic or productive factor required to accomplish an activity, or to produce goods and services.

Economists

Professionals who study the production, distribution, and consumption of goods and services, and analyze economic issues and behaviors.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit, such as purchasing assets or stocks.