Many developing nations have lower per capita incomes than highly developed countries. This fact ______.
A) indicates that they represent an insignificant market for most products
B) means that the developing nations are unlikely to experience much economic growth
C) does not mean there is little opportunity for sales
D) means that they are only likely to purchase low-tech merchandise

Question

Quizplus · Accepted Answer

Lower per capita incomes in developing nations do not necessarily indicate that there is little opportunity for sales. In fact, businesses can still succeed in developing nations by adapting to local needs and circumstances. There may still be demand for various products, and companies may need to adjust their pricing and marketing strategies to make their products more accessible.

Many Developing Nations Have Lower Per Capita Incomes Than Highly