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zysi [14]
3 years ago
10

If the demand of Petroleum goes up, what will be the effect of its price?

Social Studies
1 answer:
Nimfa-mama [501]3 years ago
5 0

Answer:

Price will increase, is the right answer.

Explanation:

The price of Petroleum will increase as the demand for petroleum rises because at this point there is a positive relationship between the two. Thus, the rise in demand will always lead to a rise in price (in the case of normal goods). However, the law of demand says as the price of goods rises if its demand falls. Conversely, fall in the price of commodity will leads to a rise in demand because people will be more willing to buy goods at a lower rate. But when there is a change in demand and this change in demand leads to change in price then there is a positive relationship between demand and price.

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a transnational strategy is difficult to achieve because the multiple objectives involved are contradictory.
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According to "A transnational strategy is difficult to achieve because the multiple objectives involved are contradictory"  the given statement is False.

<h3>Briefing:</h3>

Because of its competing objectives, a transnational strategy is challenging to implement. Even when successfully implemented, the transnational strategy frequently results in less performance than either the multi-domestic or global strategies.

<h3>What is a global strategy?</h3>

An international business structure in which a company's global business operations are coordinated through collaboration as well as the interdependence between its head office, operational divisions, and globally dispersed subsidiaries or retail outlets

<h3>What is the significance of a global strategy?</h3>

A transnational strategy will help businesses that want to expand internationally enter a local market more successfully and quickly build a customer base. This is largely due to the fact that local staff members should be more able to communicate with others in their culture than may be the case with outsiders.

To know more about transnational strategy visit:

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I understand that the question you are looking for is:

A transnational strategy is difficult to achieve because the multiple objectives involved are contradictory. True or False.

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