Entry into emerging markets requires significant investment to develop demand.

Name: Entry into emerging markets requires significant investment to develop demand.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Emerging markets are often characterized by low levels of economic development and lack of awareness of new brands or products. Significant investment is needed to develop demand for a company's offerings in these markets through marketing, education, and building relationships with local suppliers and distributors.

Entry into Emerging Markets Requires Significant Investment to Develop Demand