Global Products Are Most Common in Industries Where There Is

question 90

Multiple Choice

Global products are most common in industries where there is ________.

• A)little buyer convergence
• B)low pressure to contain costs
• C)significant price competition
• D)high pressure for localization

---

Definitions:

Debit

An entry recording an amount owed, typically representing the increase in assets or decrease in liabilities of an account in accounting.

Credit

A payment subtracted from existing balance.

Day Sheet

A document used in accounting and bookkeeping that records all transactions for a particular day.

Accounts Receivable

Funds that are due to a business from its clients for products or services already provided but not yet compensated for.