Which of the Following Refers to Convergence in Buyer Preferences

question 96

Multiple Choice

Which of the following refers to convergence in buyer preferences in markets around the world?

• A)Homogenization of markets
• B)Globalization of markets
• C)Internationalization of markets
• D)Denationalization of markets

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Definitions:

Aggrieved Party

An individual or group that has suffered harm or infringement of rights, leading to the filing of a lawsuit or legal claim.

Custom-Made

Products or goods that are specifically designed and made according to the customer's specifications.

Cuffs

The end part of a sleeve, where the material of the garment is turned back or a separate band is sewn on.

Trousers

Clothing items worn from the waist to anywhere between the knees and the feet, covering each leg separately.