The more similar markets in different regions are, the lesser the pressure for an industry to globalize.

Name: The more similar markets in different regions are, the lesser the pressure for an industry to globalize.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When markets in different regions are similar, there is more pressure for an industry to globalize because companies can leverage similar strategies and products across these markets, achieving economies of scale and competitive advantage.

The More Similar Markets in Different Regions Are, the Lesser