Targeting the 300 Million Farmers in India Who Still Use

question 60

Multiple Choice

Targeting the 300 million farmers in India who still use plows harnessed to oxen,John Deere engineers created a line of relatively inexpensive,no-frills tractors.The Deere team then realized that the same equipment could be marketed to hobby farmers and acreage owners in the United States,a segment that they had previously overlooked.This is an example of ________ strategy.

• A)product-communications extension
• B)product extension-communications adaptation
• C)product adaptation-communications extension
• D)dual adaptation
• E)product invention

Identify the roles of different accounts within a nation's balance of payments, including the current account, capital account, and financial account.

Explain the factors leading to changes in a nation's balance of payments and the significance of these changes.

Recognize the effects of currency fluctuations on international trade and financial transactions.

Analyze the causes and consequences of international capital flows.

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Definitions:

Court of Law

A governmental institution where legal disputes are adjudicated by judges or juries according to specific legal norms and principles.

Paid Parental Leave

A workplace benefit that allows parents to take time off work with pay to care for their new child.

Paternity Leave

Authorized absence from work granted to a father after or shortly before the birth of his child, to support caregiving and bonding.

U.S. Firms

Companies or businesses that are incorporated or operate in the United States, across various industries.