Question 1
Companies strive to drive down prices ________, among other strategies.
◦ by centralizing manufacturing and procurement to a single source
◦ by standardizing what they sell
◦ by thwarting the growth of supranational institutions
◦ by discouraging competition
Question 2
Convergence of consumer preferences has led to an enhanced emphasis on standardization, which implies that ________.
◦ the consistently rising prices of consumer goods have led to a demand vacuum in the market
◦ the distance between consumers worldwide has increased with the advent of technology
◦ the raw materials, parts, and components sourced by professional buyers are very similar in design and structure
◦ the globalization of services has adversely affected the quality of service worldwide
Standardization of Selected Herbal Products
Convergence
Intertropical convergence zone
Oceanic-Continental Convergence
Continent-Continent Convergence
Convergence