Question: 1.If standardization is applied, development costs are often difficult to reabsorb due to the number of adaptations of the products commercialization and promotion on an

1.If standardization is applied, development costs are often difficult to reabsorb due to the number of adaptations of the products commercialization and promotion on an international level.

True/False

2. Brand recognition can often be facilitated by the use of a common global logo.

Tue/False

3.During the introduction stage of the product life cycle, the company begins to offer a wider selection to stimulate demand for the specific brand.

True/False

4.In the majority of cases, products manufactured in a foreign country have perceived risk.

True/False

5. Industrial products typically satisfy specific needs that dont vary too much from country to country.

True/false

6. Product changes that need to be made in order to adapt to another countrys laws can result in a poor competitive position when exported abroad.

True/False

7. The homogeneous nature of the African nations allows for standardization of product branding and packaging there.

True/False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!