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Answer the following two questions: Within 20 years, we will have seen the emergence of enormous...

Answer the following two questions: Within 20 years, we will have seen the emergence of enormous global markets for standardized consumer products. Do you agree with this statement? Justify your answer. Price discrimination is indistinguishable from dumping. Discuss the accuracy of this statement.

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twith ths incre ase in cansumen auwainess eut to re aduent ot iternetand secia media, campanies a rying to customi be heir pro duch as pen theceustom er gui ements haue beenives ing in data analyticeds to undenstand bnsamer buying behaueys upe and dlesign the pvoduc accordingly Customexs also eceiv ncons and emails an somenda trons of pro duck t sloosty, the trend ha been changing to standardization ont customi zak motero in canpanies Sthive to Customize the Poducts utitwill lead to a standa 2af shes largenumbe of ceustomers ths Same padluct WiHr increcve i globali?ahon and internatio restickedl to a specific maiket or Comunhy ane hat are committed to Global sfandandi2ato nwand e naw available in ohet counties. irms are how n threoryvie the warld as as a singleentity ratho han as a mix ot various Cultres haurng dtifret pruc Poyenc es the Basic idea of the product and tho moxke ting remains e samt with iferenees in the product pasameters vit pice, piamaton etc.. opfinus m fealises and Parameters to deem hose 9 labaly The ideal At shou d be a lighproportian ot globabratran uith a tittle localitation erih uotpect to tRuo man ket -ing mixIn Some sPecifc ins tan ces thus statement is correct, hest as a general ule it is nat when a m is pironn loises in a foreign country than it is in its dlomeshc manket it can he difficult to dlistingauish ing am pice disevininahon unlers is clean that the Am is selling at belos Cart in thro foreign mabet Yet when costs are reasonably aretl knaen and all price ata above these, ar P Hhe irm is pic lwer in s olomeshcmte thani b reign maketsit can be yeasamalols conduced that ie discininati on ra then than dumping is accusring İSCYi mination Ya

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