Which of the following is the reason why developing countries in Asia constitute a highly
sought-after market for many consumer goods companies?
A) Market segmentation is easier in Asia as they have a large diverse population.
B) The manufacturing costs in many Asian countries are very small.
C) Asian developing countries have a large growing middle class.
D) The average age of the consumer in Asia is greater than 50.
C
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The exchange rate is the price at which the ______ of Switzerland exchanges for the ______ of Germany.
a. francs; goods and services b. goods and services; goods and services c. francs; euros d. euros; francs
Negotiated rulemaking has been criticized as too costly and too time consuming
a. True b. False
Demand for individual products can be driven by product life cycles
Indicate whether the statement is true or false
A motion for summary judgment:
a. is a discovery technique. b. can only be made by the plaintiff. c. cannot be granted if any significant facts are in dispute. d. must be initiated by the judge.