Differences in technical standards can prevent a firm from standardizing products across markets.

Name: Differences in technical standards can prevent a firm from standardizing products across markets.
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

Technical standards vary by country, region, or industry. A company may need to alter its product design or manufacturing process to meet the standards in a specific market. This diversity in standards can make it challenging to produce a standardized product across different markets.

Differences in Technical Standards Can Prevent a Firm from Standardizing