Aries Travels is a company that offers holiday and travel packages. The company realizes that customer preferences vary and thus extensively customizes its packages. As there are not many competitors in the market in which Aries Travels operates, there are minimal pressures to reduce costs. Aries Travels is most likely to have adopted which of the following strategies?
A. Global standardization
B. International
C. Localization
D. Transnational
E. Harvest
Answer: C
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Robert Hayden sells metal gazebos. He approaches a large retail chain of home improvement stores. He decides beforehand to sell 10 pieces to their regional procurement manager. In terms of the acronym "SMART", his primary objective is to:
A. have a targeted rate of return. B. put customer service first. C. maximize the customer's order. D. relate to the present and future needs of the customer. E. be specific.
Cost-volume-profit relationships that are curvilinear may be analyzed linearly by considering only
a. fixed and mixed costs. b. relevant fixed costs. c. relevant variable costs. d. a relevant range of volume.
When we talk about culture, we refer to the customary traits, attitudes, and behaviors of a group of people.?
Indicate whether the statement is true or false
Economic needs are concerned only with getting the best quality at the lowest price.
Answer the following statement true (T) or false (F)