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When Colgate-Palmolive Sees Prospects in Countries with Purchasing Power as a Major

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When Colgate-Palmolive sees prospects in countries with purchasing power as a major driver behind market opportunities and Coca-Cola looks at per capita income
And the number of minutes that it would take someone to work to be able to afford a
Coca-Cola product, they are following which of the following steps of the initial
Screening process for market entry?

Recognize the role of the consumer in the American economy.
Understand the concepts of efficiency and maximum possible output in an economy.
Learn about the shift of resources between types of goods to achieve economic growth.
Analyze how economies operate under different conditions on the production possibilities frontier.

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