Question

The CEO introduced another overseas effort by noting that it represented an attempt to confront an international competitor. The CEO was most likely referring to which of the following​ efforts?a) a new plant established in Vietnam to benefit from low-cost labor.
b) a sales outlet established in Indonesia, where Sterling could charge more for its products.
c) a marketing and advertising partnership established with a successful French car retailer.
d) a distribution center established in London to preempt the growth of a British car manufacturer.

Answer 1

The CEO was most likely referring to the following​ efforts : d) a distribution center established in London to preempt the growth of a British car manufacturer.

Explanation:

The company establishing its trade and investment activities across the national borders is known as international business.

The following are some of the factors of production:

i) Manufacturing infrastructure

ii) Technology

iii) Managerial talent

It is important for a company to take more effort and establish its distribution center overseas to confront the international competitors. In the above scenario, the CEO decided to establish his distribution center in London to block the growth of a British car manufacturer.