A U.S. firm is analyzing its business prospects in China. Marketing executives understand what to be true of this potential market?
A) China's leadership, which maintains communist political ideals, has rejected market-oriented economic development.
B) Recent developments in China have led to dramatically decreased living standards and levels of personal freedom.
C) China maintains a thriving retail market, despite the slowing growth of its gross domestic product.
D) China's economy has recently seen a substantial decrease in its Global Retail Development Index (GRDI) .
E) China's population has been aging due to its one-child policy but this is not expected to have a significant impact on its economy.
Correct Answer:
Verified
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