Question: A. Write the letter of the correct answer. Classify the following factors, whether they promote/ foster Product Standardization or Product Adaptation. S for Standardization and

A. Write the letter of the correct answer. Classify the following factors, whether they promote/ foster Product Standardization or Product Adaptation. S for Standardization and A for Adaptation/customization.

________1. Increased Production increased margin

________2. Embodies the "True"marketing concept

________3. Cost of R&D is low

________4. Differing use conditions

________5. Products have wide reach

________6. Localized competition

________7. Government and regulatory factors

________8. Global competition

________9. Differences in consumer behavior patterns

________10. Requires least amount of advertising

B. S for Standardization and A for Adaptation/customization

_________1. Rolex watch

_________2. Lamborghini Cars

_________3. Steel bars

_________4. Refrigerator

_________5. Flat Iron

_________6. Hamburger

_________7. Pencil

_________8. notebook

_________9. TV

_________10. Orange Juice/Purees

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