Single Answer MCQ
Q-00045609
What is a potential negative effect of increased consumer choice due to globalisation?
1
Higher product quality
2
Homogenization of culture
3
Economic growth
4
Bargaining power for consumers
Answer and Solution
Answer
B. Homogenization of culture
Solution:
Increased consumer choice can lead to the homogenization of culture, where local traditions might diminish in favor of global brand preferences.
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