Question

When a government takes over a foreign operation and provides the seized operation with no reimbursement, which of the following occurs?

Group of answer choices

market fragmentation

expropriation

mass customization

ethnocentricism

standardization

Which of the following is true about the adoptors in the diffusion process?

Group of answer choices

Early majority adopters are the first in the population to adopt a new product.

More than 50 percent of the population is classified as late majority adopters

Innovators are willing to take risks with new products.

Laggards are typically middle class and like to buy established products.

Susan was waiting in the checkout line at a grocery store and found some colorful chopsticks. She knew she just had to buy the chopsticks, even though they were not on her shopping list. For her, this is an example of a(n) ________.

Group of answer choices

durable product

MRO product

impulse product

staple

unsought product

Answer 1

Answers

1. Expropriation

• government takes over a foreign operation and provides the seized operation with no reimbursement
• it is the act of a govt  taking privately owned property against the wishes of the owners, directly to be used for the advantages  the overall public. In the USA, properties are most often expropriated in order to build roads,airport,and rail road etc.....

2.Innovators are willing to take risks with new products.

• innovators are  adopting new technology or ideas simply because they are new. Innovators tend to take risks more readily and are the most ventures.

3.Impulse product

• goods that we buy in impulse on the spur of the moment
• Retailers commonly place these items near the checkout counters of supermarkets, such as chocolate, snacks, pair of shoes, and candy,chopsticks for example, are impulse goods.