Please classify each of the statements about inflation targeting as true or false. Inflation targeting usually requires that central banks do not prioritize concerns about unemployment. The use of strict inflation targets generally give central banks greater autonomy regarding what decisions to make. Most inflation targets are ranges rather than an exact level that central banks must meet. Advocates of inflation targeting argue that it will increase the need for an active monetary policy.

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.