Matrix Inc., an American luxury watch company, is planning to start its operations in Yenkin, a country in South America. Matrix has determined that customers in Yenkin will respond favorably to the same marketing mix as customers in its domestic market. In this case, Matrix _____.
A) can standardize to take advantage of the cost reductions gained through economies of scale
B) should tailor its products and promotions to meet the needs of the customers in Yenkin
C) can avoid the complications of being perceived as an outsider in Yenkin by customizing its products
D) should use a cost-plus pricing strategy
Correct Answer:
Verified
Q1: Uranus Inc. is an American luxury car
Q3: Mirage Inc., a multinational smartphone manufacturer based
Q4: Jade Inc., a cosmetics company, caters to
Q5: Saturn Inc., a Canadian consumer goods company,
Q6: _ is the process by which companies
Q7: Gemini Inc., an American computer manufacturer, uses
Q8: Carina Inc. is a multinational clothing company
Q9: Octagon Inc., a multinational clothing company, groups
Q10: Taupe Inc., an Australian smartphone manufacturer, plans
Q11: Savor Inc. is a fast-food restaurant chain
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents