Global products are most common in industries where there is ________.
A)little buyer convergence
B)low pressure to contain costs
C)significant price competition
D)high pressure for localization

Question

Quizplus · Accepted Answer

Global products are most common in industries with significant price competition because companies seek to standardize products to achieve economies of scale and reduce costs, allowing them to compete on price globally.

Global Products Are Most Common in Industries Where There Is