Which of the following is NOT an accurate statement as concerns competing in the markets of foreign countries?
A) Localizing a global company's product offerings country-by-country leads to low-cost advantage.
B) There are country-to-country differences in consumer buying habits and buyer tastes and preferences.
C) A company must contend with fluctuating exchange rates and country-to-country variations in host government restrictions and requirements.
D) Product designs suitable for one country are often inappropriate in another.
E) Market growth rates vary from country to country.

Question

Quizplus · Accepted Answer

Localizing a global company's product offerings country-by-country does not necessarily lead to low-cost advantage. In fact, it may lead to higher costs due to the need to adapt and customize products for each market.

Which of the Following Is NOT an Accurate Statement as Concerns