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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