Automobile companies promote different car models in different countries depending on a range of factors such as demographics,local taste,local fuel costs,income levels,traffic congestion,and cultural values.This most likely demonstrates that
A)significant differences still exist among national markets.
B)cultural diversity has been replaced by global uniformity.
C)the global market is less complex than national markets.
D)only multinational giants can benefit from the globalization of markets.
E)the social norms in a country do not affect purchase decisions of consumers.

Question

Quizplus · Accepted Answer

The fact that automobile companies promote different car models in different countries based on various factors indicates that significant differences still exist among national markets. If cultural diversity had been replaced by global uniformity, there would be no need for localization strategies. The presence of varying factors influencing purchase decisions in different countries demonstrates the complexity of the global market. The statement does not support the idea that only multinational giants can benefit from global markets. Finally, social norms play a crucial role in purchase decisions, and therefore, the statement is not in line with option E.

Automobile Companies Promote Different Car Models in Different Countries Depending