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Alex_Xolod [135]
3 years ago
13

Which of these companies exemplifies the globalization of markets? a. The clothes of Sea Shell Fashions, a U.S.-based company, a

re hand-sewn by workers in India. b. The accounts of a U.K.-based finance company are maintained and managed by an accounting firm in the Czech Republic. c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide. d. Iconic Industries Inc., a U.S. energy company, has generated capital from investors all over the world. e. Wine producer Violet Wines procures high-quality grapes from neighboring countries.
Business
2 answers:
kondaur [170]3 years ago
7 0

Answer:

c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide.

Explanation:

Globalization of markets occurs when different markets in the world are integrated and merged into just one market when similar tastes, preferences, norms, convenience and values are identified which facilitate a gradual change in culture towards the use of similar commodities.

The the sale of the same pillows worldwide by the U.S.-based pillow company, Fluffy Pillows, is a good example of globalization of markets .This is because the company has been able to integrate and merger all the pillow markets in the world to just one and has therefore facilitated a gradual change in tastes and preferences for its pillow making the use of the same pillow possible worldwide.

I wish you all the best.

Alex Ar [27]3 years ago
3 0

Answer:

c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide.

Explanation:

Although it can be argued that all provided options have some form of globalization and international business; the option that really addresses 'marketing on a global stage' is that of Fluffy Pillows

Levitt (1983) was the pioneer of the concept of globalization, and he asserts that marketing is moving from being customized in one country to being standardized on a global scale.

Theodore Levitt further commented that Global marketing is simply “marketing on a global scale or taking commercial advantage of global operational differences, in order to meet global objectives".

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Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The price elasticity of demand determines the flexibility of the volume needed to adjust the price.

The demand of an individual or market becomes inelastic if it will not adjust much to increasing prices, and it is elastic for an individual or market if the demand of a particular commodity will shift a lot as prices shift.

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Cage company had a net income of $365 million and average total assets of $2,040 million. its return on assets (ROA) is 17.6%.

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Net income is the income of an individual or business after deducting expenses, allowances, and taxes. In commerce, net profit is what is left in the business after all expenses such as salaries and wages, cost of goods and raw materials, and taxes.

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Increased professionalism in police forces has been made possible by two-way radios, telephones, and automobiles. in what way ha
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When the body senses warmer temperatures, what happens to the blood vessels?
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