Product homologation is a term used in many countries to
A. describe the changes mandated by the local product and service standards.
B. describe the influence of the manufacturing country on a consumer's perception of a product.
C. define the process by which innovation spreads in a new market.
D. describe the process of establishing new technical standards for a product.
E. describe the process of marketing products similar to the ones already on the market in a manner as congruent as possible with existing cultural norms.
Answer: A. describe the changes mandated by the local product and service standards.
You might also like to view...
________, unlike ADRs, can trade across many markets and settle in the currency of each market
A) Global registered shares B) Global depository receipts C) Euro equities D) Cross-listed stock
As compared to high self-monitors, low self-monitors ________
A) tend to be more mobile in their careers B) pay closer attention to the behavior of others C) receive better performance ratings D) are less likely to emerge as leaders E) show less commitment to their organizations