Which of the following contradicts Theodore Levitt's arguments for the globalization of world markets?
A. Consumers in most developed countries do not sacrifice preferred attributes for lower prices.
B. Tastes and preferences are becoming more cosmopolitan due to cultural convergence.
C. Similar product and technical standards across countries help a firm sell the same product worldwide.
D. The emergence of the global youth segment is evidence of market segments that transcend national borders.
E. The structure of market segments is extremely similar in various countries.
A
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When two parties are involved in a mutual mistake (misunderstanding) as to the meaning of a term of the contract, which of the following is usually applied by the court to settle the matter?
A) The court will find that there is no contract because there is no meeting of the minds. B) Non est factum C) Caveat emptor D) The reasonable person test E) The equitable remedy of rectification
A recent study on diversity found that of the companies surveyed:
A) about 75 % had diversity management policies in place. B) nearly 1/2 of all companies were doing nothing at all. C) about 1/3 of all companies thought diversity management was a top priority. D) 83% reported it was a fad, and they were doing nothing in that area.