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International Market Selection"" and ""Market Mode of Entry""

refer to the same process. a.) True b.) False

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Final answer:

The terms 'International Market Selection' and 'Market Mode of Entry' do not refer to the same process; they are related but sequential steps in entering a foreign market. The market revolution significantly changed the U.S. socially and economically. The early U.S. Indian policy was primarily driven by land acquisition motives.

Step-by-step explanation:

The statement 'International Market Selection' and 'Market Mode of Entry' refer to the same process is false. International Market Selection is the process by which a company identifies and evaluates potential foreign markets to enter. Factors such as political stability, market size, and level of competition are considered. On the other hand, Market Mode of Entry refers to the strategy a company employs to enter a foreign market once it has been selected. Options include exporting, licensing, franchising, joint ventures, or wholly-owned subsidiaries. These two concepts are related but represent distinct stages in international market strategy.

The market revolution indeed brought many social and economic changes to the United States. This is demonstrably true. It marked a period during which there was a drastic change in the economy due to the increase in industrialization, mechanization, and the expansion of the market system.

Concerning the formulation of early U.S. Indian policy, the statement that the acquisition of land was the most important motivating factor is true. Land acquisition was central to U.S. expansion and was often a key driver behind the policies that affected Native American tribes.

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