Global products are most commonly seen in industries where there is ________.
A) little convergence of buyer preference across national borders
B) low pressure to contain costs
C) high demand for customized products
D) significant price competition

Question

Quizplus · Accepted Answer

Global products are most commonly seen in industries where there is significant price competition because standardizing products across markets can help companies achieve economies of scale and reduce costs, allowing them to be more competitive in pricing.

Global Products Are Most Commonly Seen in Industries Where There