Standardization means offering a uniform product on a regional or worldwide basis.
Correct Answer:
Verified
Q67: Due to low wages from local businesses,
Q68: Cosmopolitans are oriented more toward their immediate
Q69: For many product categories, consumer needs are
Q70: A modular product design strategy is a
Q71: In markets with strong local players, the
Q73: The goal of standardization is to minimize
Q74: In many industries, being innovative is not
Q75: By sticking with its first-world version, a
Q76: In general, the adoption of new products
Q77: Lowering marketing and distribution costs are in
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