Question: Whoch statementQuestion 2 ( 2 points ) Which statement best supports the claim that greater uniformity replaces diversity in the context of global markets? Differences

Whoch statementQuestion 2(2 points)
Which statement best supports the claim that greater uniformity replaces diversity in
the context of global markets?
Differences in business systems and legal regulations lead companies to
customize their marketing strategies, product features, and operating practices
to best match conditions in a particular country.
As rival global firms follow each other across countries, they bring with them
their brand names, products, and marketing strategies from other national
markets, thus creating some homogeneity across markets.
Truly innovative companies succeed by developing products that serve specific
needs of the local markets.
The volume of goods, services, and investment crossing national borders has
expanded at a slower rate than world output for more than half a century.
The most global of markets are not typically markets for consumer products, as
significant differences in consumer tastes and preferences still exist among
national markets.
 Whoch statementQuestion 2(2 points) Which statement best supports the claim that

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!