Multiple Choice
All of the following statements are true regarding China and India EXCEPT _____.
A) The key for marketers in providing to the typical Chinese or Indian consumer is to provide a hedonic product to consumers because they are accustomed to elaborately designed products.
B) The consumer demographics of India today compare favorably to those of the United States in 1970.
C) The market potential for India and China is made clear in the fact that population is assessed in billions rather than millions.
D) Even inexpensive products can mean a lot of revenue for a company selling to the large populations of these two countries.
E) Chindia refers to the combined market and business potential of China and India.
Correct Answer:
Verified
Correct Answer:
Verified
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