When Carrefour,Tesco,or Walmart set up shop in developing countries,they provide customers with access to more products but at higher prices than were available previously.This is an example of global retailing.

Question

Quizplus · Accepted Answer

Global retailing refers to the operation of retail chains in multiple countries, and while it can lead to access to a wider range of products, it does not inherently mean that prices will be higher than previously available. Prices can vary based on several factors including local competition, supply chain efficiencies, and pricing strategies.

When Carrefour,Tesco,or Walmart Set Up Shop in Developing Countries,they Provide