Firms based in less developed nations tend to build a lot of extra per

QUESTION

Firms based in less developed nations tend to build a lot of extra performance attributes into their products.

Indicate whether the statement is true or false.

ANSWER

FALSE
Firms based in highly developed countries such as the United States tend to build a lot of extra performance attributes into their products. These extra attributes are not usually demanded by consumers in less developed nations, where the preference is for more basic products.