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Eva8 [605]
3 years ago
10

If a company is experiencing increasing pressures for cost reduction for its products, which of the following courses of action

should it consider?
a. sell licenses to produce the products internationally.
b. explore opportunities for exporting or create a wholly-owned subsidiary within a country.
c. establish a joint venture with a foreign company.
d. pursue a franchising model for the company.
Business
1 answer:
Natasha_Volkova [10]3 years ago
7 0

Answer: explore opportunities for exporting or create a wholly-owned subsidiary within a country

Explanation:

When a company is experiencing increasing pressures for cost reduction for its product, the course of action should be considered by the company is to explore opportunities for exporting or create a wholly-owned subsidiary within a country.

This is necessary to bring about economies of scale which in turn leads to lesser production cost and cheaper prices for the products.

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The problem we had when we talked about feedback was that it focused on aspects of the past. Communication was thought of as something of the moment, without determining an intention to take it to another level. The ‘feed’ forward would come into play here.

What is intended with the feedforward is to establish links and ideas, so that teamwork makes business organization easier. Brainstorming and the sharing of solutions and aspects for the company mean that employees can aspire to a positive work future.

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