Markets Can Be Classified in Four Types of Countries Based

question 33

Multiple Choice

Markets can be classified in four types of countries based on their respective market attractiveness. Vietnam and the Philippines would fall into which of the types listed
Below (where the purpose would be to build up an initial presence such as through a
Liaison office) ?

• A) platform countries.
• B) emerging countries.
• C) maturing and established countries.
• D) growth countries.
• E) none of the above.

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Definitions:

Passengers

Passengers refer to individuals who travel in a vehicle but are not directly involved in the vehicle's operation, often regarded in contexts such as public transportation, airlines, and automobiles.

Supplies Cost

The cost associated with the items and materials used in the operation of a business.

Spending Variance

The difference between the budgeted or planned amount of expense and the actual amount spent.

Cost Formula

An equation used to predict costs, often incorporating fixed and variable components.