When multinational companies come into a nation, they serve as additional competition for businesses in the new country. For Leyla and Sofia who have been told to develop a strategy to defend against the entry of multinational companies into Vietnam, two strategic approaches they can employ are;
- Deploy (1) acquisition and (2) rapid-growth strategies to better defend against expansion-minded internationals.
For their company to better match these multinational companies, they have to come up with strategies to make their business stand out.
Customer acquisition strategies can be designed to convert prospects into real customers. Content marketing and advertising are ways to do this.
Also, rapid growth strategies like diversification, product innovation, and market penetration can also help their company defend against the multinational companies.
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Answer:
Product Net monetary advantage
X (800)
Y 1,000
Explanation:
A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.
Also note that all costs incurred up to the split-off point are irrelevant to the decision to process further .
Product X
$
Additional sales revenue from further processing
( 47,000-25,400) 21600
Further processing cost <u> (22,400)</u>
Net monetary advantage <u> (800)</u>
<u />
Product Y
$
Additional sales revenue from further processing
( 54,700-37,000) 17,700
Further processing cost <u> (16,700)</u>
Net monetary advantage <u> 1,000 </u>
Product Net monetary advantage
X (800)
Y 1,000
Answer:
The correct answer is outsourcing.
Explanation:
This is the business economic process in which a commercial company transfers the resources and responsibilities related to the fulfillment of certain tasks to an external company, management company or subcontractor, which is precisely dedicated to the provision of different specialized services. For this, the latter can only hire the staff, in which case the resources will be provided by the client (facilities, hardware and software), or hire both the staff and the resources. For example, a company dedicated to demolitions can subcontract a company dedicated to the disposal of waste for the task of getting rid of the debris from demolished units, or a company that transports goods can subcontract a company specialized in the identification or packing
Risk is the exposure to uncertainty. An insurance policy is an exchange of a certain loss (the premium) to have another party (the insurer) absorb all or part of the negative consequence of being exposed to that uncertainty.
<span>For example, you have virtually no risk of dying in an airplane crash if you do not get in an airplane. You are not exposed, other than that a plane could fall on you. Likewise, if you jump out of an airplane without a parachute, there is no risk. You have all the exposure in the world, but it is certain that you will be killed. There may be some trivial risk that you live but it is so small that it can be ignored. </span>
<span>You need two things, uncertainty and exposure. Life insurance is a good example, you know for certain that you will die, you do not know when. The insurer covers you against premature death. Its reverse, the immediate annuity, covers you against living too long and running out of investment resources.</span>