A large U.S.-based mechanical engineering firm, wants to enter the global market. Upon careful analysis of the market, they will

Question

Tanya [424]

3 years ago

9

A large U.S.-based mechanical engineering firm, wants to enter the global market. Upon careful analysis of the market, they will

find that global trade:______

Business

1 answer:

ozzi · Answer 1 · 2022-08-08T19:38:19+03:00

Answer:Is big business that is very competitive today,and is expected to be more important and more competitive in the future.

Explanation: The Global or international market is a multifaceted,with several players and many opportunities, competitions taking place in the world. In the years to the business will become more important and competitive as new entrance from major multinational organizations. For it to survive the management has to put in place COST SAVING APPROACHES, COMPETITIVE PRICING AND ADOPT STRATEGIC PLANNING, SUPERIOR QUALITY PRODUCT,TIMELY EXECUTION OF WORK, GOOD CUSTOMER SERVICE etc are the possible actions to ensure it COMPETES FAVORABLE in the Global business.