Question: Which statement about standardization and adaptation is CORRECT?Product adaptation allows companies to better address cultural differences in international markets.Target market's laws and regulations generally require

Which statement about standardization and adaptation is CORRECT?Product adaptation allows companies to better address cultural differences in international markets.Target market's laws and regulations generally require international companies to standardize their products.Standardization of products tends to increase production costs. Adaptation of products leads to cost saving through economies of scale.

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