Differences in government-mandated product standards can rule out mass production and marketing of a standardized product
Indicate whether the statement is true or false.
TRUE
Differing government-mandated product standards can rule out mass production and marketing of a standardized product. Differences in technical standards also constrain the globalization of markets. Some of these differences result from idiosyncratic decisions made long ago, rather than from government actions, but their long-term effects are profound.
You might also like to view...
Wheels conducts exhaustive customer surveys to discover customer preferences and attitudes towards the brand. Sally uses cluster analysis to classify the data and help the company determine the trends in the information. Sally is using the technique of ________.
A) data management B) data marketing C) data governance D) data accumulation E) data mining
Which of the following functions of an international business is typically responsible for international labor relations?
A. Public relations B. Human resource management C. Finance and accounting D. Legal E. Logistics