Author Question: Given the global nature of many businesses, especially where customer growth is coming from new and ... (Read 68 times)

mydiamond

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Given the global nature of many businesses, especially where customer growth is coming from new and emerging markets, there is an increasing need for a centralized focus to meet unique customer needs.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 2

____ are countries with rapid development and present the greatest potential for international trade and expansion.
 a. High-income countries c. Low-income countries
  b. Middle-income d. Expanding countries



Chocorrol77

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Answer to Question 1

False

Answer to Question 2

B
High-income countries are in a mature stage of development. Entrenched competition make expansion into high-income countries difficulty. Middle-income countries experience rapid growth and provide a good opportunity for expansion. Low-income countries are mostly agrarian and have limited potential for expansion. Expanding countries is not a term used in the text. This answer may be found in the Levels of Economic Development section (2-3).



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