Global Consumers Refer to

question 268

Multiple Choice

Global consumers refer to

• A)all potential consumers for any and all products or services regardless of cultural,ethnic,or national origins.
• B)customers within a nation who consider the entire world a single marketplace.
• C)consumer groups living in many countries or regions of the world who have similar needs or seek similar features and benefits from products or services.
• D)consumer groups living in many countries or regions of the world that have similar needs but seek customized features and benefits from products or services that reflect their individual cultures.
• E)multinational organizations whose products incorporate raw materials,assembly,and distribution contributions from multiple nations before they are marketed.

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Definitions:

Segment Margin

The amount of profit or loss generated by a particular segment of a business, after accounting for the direct and allocable expenses of that segment.

Annual Financial Advantage

The financial gain or benefit calculated on a yearly basis, considering all income and savings against expenses and costs.

Outside Supplier

An external entity that provides goods or services to a company, not part of the company's internal operations.

Financial Advantage

The benefit gained in financial terms, often as a result of strategic decisions, investments, or operational efficiencies.