Which of the following mistakes committed by firms leads to inefficiency,lack of consumer
Acceptance,and sometimes even corporate failure?
A) Overbudgeting the overhead costs in international markets
B) Transferring knowledge around the globe
C) Lengthening product life cycles in other countries
D) Believing that international customers are just like the ones the firm deals with at home

Question

Quizplus · Accepted Answer

Believing that international customers are just like the ones the firm deals with at home can lead to a lack of understanding of cultural differences and consumer preferences, which can result in inefficiency, lack of acceptance, and even corporate failure. It is crucial for firms to recognize and adapt to the unique characteristics and demands of international markets.

Which of the Following Mistakes Committed by Firms Leads to Inefficiency,lack