People in India watching CNN and Star TV now know instantaneously what is happening in the world.Such information access creates demand that would not have existed before and it restricts the power of governments to influence consumer choice.This is an example of:
A) stable demand structure in the international marketplace.
B) the explosion of information technology that has changed global competition.
C) a growing travel industry.
D) how the Japanese are changing global competition.
E) how the governments of the world distrust the mass media.
Correct Answer:
Verified
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A)converging
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