According to Micheal Porter the two basic strategies for creating and attaining a competitive advantage are low cost and differentiation.
Answer:
Direct Investment
Explanation:
"Multinational organizations may choose to engage in full-scale production and marketing abroad by directly investing in wholly-owned subsidiaries. As opposed to the previously mentioned methods of entry, this type of entry results in a company directly owning manufacturing or marketing subsidiaries overseas. This enables firms to compete more aggressively abroad, because they are literally “in” the marketplace."
Reference: Learning, Lumen. “Principles of Marketing.” Lumen, 2019
Answer:
power elite theory
Explanation:
The answer is "power elite theory".
The power elite theory or the elite theory in sociology describes that a small group of wealthy and elite people have the most power in the society. They are the policy makers of the society. They proved themselves to be the most powerful people in the society leaving the common masses of the society with no power or very little decision making power.
These small group of wealthy and bold [people become the elite people of the society in whose hands most power lies.
Thus the answer is --
power elite theory
Each State has a High Court, often known as the State Supreme Court. That Court is responsible for interpreting the laws of the state much like the US Supreme Court is responsible for interpreting the laws of the US Federal Government.