Answer:
your self-interest; their self interest
Explanation:
When you make a decision to buy a good, you make your choice in your self-interest. There could be different reasons to make such choices. This could be because the good could form part of your basic needs or because the prices are quite low.
When people make a decision to produce the good that you are buying, these people are making their decision in their own self-interest. This could also be to make money.
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Answer:
6
Explanation:
Marketplace simulations are designed for university business courses and for executive programs. It is developed by Innovative Learning Solutions Inc. The simulation enables students to experiment business strategies, test run their business ideas and get the consequences of their actions. This is gotten in a virtual business environment.
Answer:
E. Shifting from a multi-country to a global strategy.
Explanation:
- The process of diversification allows the firms to reap the competitive advantages as the benefits of the skills and transfers, low costs economies of scope.
- Cross boundaries used by the powerful brands and collaboration in the creation of stronger and competitive capabilities.
- A diversified firms thus look for a global strategy to spread its risks and establish its business and develop its main strategic alternatives.
- The diversified firms hence have ample market opportunities and thereby brain the scope of the business.
