Question

The text states "What works in one country may not in others". How might you adapt...

The text states "What works in one country may not in others". How might you adapt a product or business to overcome this occurrence?

Homework Answers

Answer #1

Before adapting a product or a business to a particular country we must be well aware of the economic situation , cultural and behavioural pattern of that country . To adapt a new product in a country we have to alter the product to suite their particular needs and culture . Also climatic conditions , tastes and preference , income distribution of the country matters . As for example if a company manufactures fruit juices and cold drinks , then in a comparatively hotter country chilled drinks would be preffered more but in colder countries people would generally prefer fruit juices at room temperature . Also if a company manufactures a luxury good , then in a country in which there is high income inequality and most people belong to lower income groups then such a product would not be in high demand . A cheaper version or substitute would cater to the needs of such a country .

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