Which one of the following is a characteristic of domestic management?
A)widely disparate economic conditions
B)national markets varying greatly in population and area
C)different national sovereignties
D)markets at different stages of the industrial revolution
E)people living in similar value systems

Question

Quizplus · Accepted Answer

Domestic management typically operates within a single country, where people often share similar value systems, cultural norms, and legal frameworks. This commonality in values facilitates easier management and marketing strategies compared to international settings, where differences in culture, law, and economic conditions can pose significant challenges.

Which One of the Following Is a Characteristic of Domestic