Answer: (E) Harvesting
Explanation:
The harvesting is one of the type of marketing strategy that retain the goods and the services in the production line and also reduces the market cost or spending on the specific products.
The harvesting strategy is also known as the exist strategy in the market and the main objective of the harvesting strategy is that it maximize the product profits and also has the opportunity for trading in an organization for distributing the shares.
Therefore, Option (E) is correct.
Answer: Local- content laws
Explanation: In simple words, these refers to the rules and regulation made by the government requiring foreign firms to use domestic resources if they want to operate in that economy.
In the given case, Thailand requires foreign companies selling milk products to use domestically produced milk for their production.
Hence from the above we can conclude that the economic risk involved is regarding to local content laws.
Digital Millennium Copyright Act
hope this helps :)
I think the answer would be futurecasting. It is one method used in strategic planning. It involves the practice of perceiving what you future might be looking at present trends and how would this affect the future. Hope this answers the question.
