To be responsive to local pressures, companies must option c. <u>differentiate</u> their offerings and strategies from country to country to reflect local consumer.
<h3>What is Local responsiveness to pressure?</h3>
The degree to which a corporation needs modify its goods and operating procedures to accommodate local requirements is known as local responsiveness. Four fundamental worldwide business strategies are produced by the two dimensions: export, standardization, multi domestic, and transnational.
In other words, local responsiveness refers to how much a company must alter its operations and/or products in order to accommodate those in different nations.
Hence a firm may not be able to fully benefit from location economies and experience curve because of pressures for local responsiveness. While there are advantages to such personalization, it also hinders a company's potential to realize large experience curve and geographic economies.
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Answer:
c
Explanation:
theprice would be too high
Answer:
$22,222.22
$57,142.86
INCREASES
Explanation:
Reserve requirement is the portion of deposit received by banks that the central bank requires to be kept as deposit.
If $4000 is deposited and reserve requirement is 18%
reserves would increase by $4000 x 0.18 = 4720
Increase in the total value of checkable deposit is determined by the money multiplier
Money multiplier = amount deposited / reserve requirement
$4000 / 0.18 = $22,222.22
$4000 / 0.07 = $57,142.86
It can be seen that the higher the reserve requirement, the lower the increase in the total value of checkable deposit
Answer:
Explanation:
The most important reason for organizations to rely on research is that it ultimately provides the organization with insight on how a specific decision will perform in the target market and what effects it will have on the company. This is because research provides valuable information such as a target population's interests, hobbies, spending behaviors, needs, likes/dislikes, etc. All of which are factors that help determine if that population will buy a certain product and increase the organizations revenue.
Incorporation is the forming of a new corporation. The corporation may be a
nonprofit business, organization, or a government of a new city or town to name a few examples.
