Why do international markets need to be segmented?
What will be an ideal response?
Different countries, even those that are close together, can vary greatly in their economic, cultural, and political makeup. Thus, just as they do within their domestic markets, international firms need to group their world markets into segments with distinct buying needs and behaviors.
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Within a pluralistic society, the authoritative entity has an overriding power over all other entities.
a. true b. false
What happens to the listing agreement if the broker loses his/her license?
a. The seller chooses another broker to handle the listing. b. The original broker finishes the transaction because he/she was licensed when the agreement was signed. c. The state real estate licensing agency may choose another broker to close any pending transaction. d. The listing agreement terminates and the seller must start over with a new broker.