GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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companies locally and internationally are required to provide more or better services
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the characteristics of families such as size, growth and financial status
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ethnic variety, as well as socioeconomic and gender variety in a group, society or institution
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the mass movement of people who inhabit the same area, region or country
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a paid message sent from a company to the public in order to introduce a new product or service, or present existing merchandise
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Detailed explanation-1: -Companies are adapting to serving companies throughout the world. Three things are key for a service company to achieve global success including offering a quality product, listening to its customers, and adapting.
Detailed explanation-2: -Domestic business involves those economic transactions that take place within the geographical boundaries of a country. International business involves those economic transactions that take place outside the geographical boundaries of a country.
Detailed explanation-3: -The most common goal of companies going international is to acquire more customers, boost their sales, and increase their revenues. By entering a new country, your company gets access to customers that were not on your radar yet.
Detailed explanation-4: -An international strategy prioritizes centralized operations that makes companies like Moet and Chandon, Porsche, Red Bull, and Netflix so successful.