Question: Which of the following is not an accurate statement concerning competing in the markets of foreign countries? Multiple Choice Ulta Beauty's cosmetic products considered suitable for Chinese consumers are often inappropriate in Singapore and Malaysia. Ferrari, Maserati, and Ducati are located in an industry cluster in Italy known as the "engine technological district." Venezuela's nationalization of a GM manufacturing plant is an example of a government pursuing state capitalism in industries deemed to be of national importance. Localizing Apple's product offerings country-by-country leads to its low-cost advantage. There are country-to-country differences in Kellogg's cereal customers' buying habits and buyer tastes and preferences.