As Macro-Marketing Systems Improve Worldwide

question 136

Multiple Choice

As macro-marketing systems improve worldwide:

• A) there will be greater monopolization.
• B) poverty in industrialized nation will increase.
• C) there will be fewer competitors worldwide.
• D) the price of products will rise steeply.
• E) more consumers will have income to buy products.

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Definitions:

Research And Development

Activities undertaken by businesses or governments in innovation and introduction of new products or processes, involving substantial investment in experimentation and testing.