Given the size of emerging markets like China and India,a high level of localization precludes economies of scale.

Question

Quizplus · Accepted Answer

The statement is false. While a high level of localization may make it difficult to achieve economies of scale initially, companies can eventually realize cost savings as they gain experience operating in these markets and develop more efficient supply chains. Additionally, the large size of emerging markets can still offer significant opportunities for scale and growth, even with some degree of localization.

Given the Size of Emerging Markets Like China and India,a