Which of the following is a characteristic of domestic management?
A) widely disparate economic conditions
B) national markets varying greatly in population and area
C) different national sovereignties
D) markets at different stages of the industrial revolution
E) people living in similar value systems

Question

Quizplus · Accepted Answer

Domestic management refers to managing resources within a household or family. This involves managing resources such as time, finances, and personnel. Since families usually share similar value systems, E is the characteristic of domestic management. The other options refer to broader economic or industrial factors.

Which of the Following Is a Characteristic of Domestic Management