Scenario 7-5
Ash Chemical produces food additives and flavorings in the United States that are used by food processing companies and consumers throughout the world. Ash's products are sold under a variety of brand names based on whether the product is sold to business or consumer users. Demand differences in local markets are attributed to differences in culture, values, tastes, and preferences of end users. As a result, Ash spends a great deal of time conducting market research in dozens of different locales at any given time. Recently, Ash Chemical has devoted significant marketing effort toward Country X and Country Y.
-(Scenario 7-5) Country X buys a lot more of Ash's products for use in food processing than they do for direct sales to consumers. Which of the following classes of economic development likely best describes Country X?

Question

Quizplus · Accepted Answer

Country X's preference for purchasing Ash's products for food processing rather than direct sales to consumers suggests that it may be a less-developed country with a smaller consumer market.

Scenario 7-5 Ash Chemical Produces Food Additives and Flavorings in the United