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emmainna [20.7K]
3 years ago
8

In expanding into foreign markets, a company can strive to gain competitive advantage (or offset domestic disadvantages) by

Business
1 answer:
il63 [147K]3 years ago
7 0

Here's the options that completes the question:

A. building a state-of-the-art facility to fully capture scale economies via an export strategy.

B. using export, licensing, or franchising strategies so as to minimize risk and capital investment.

C. locating buyer-related activities in all countries where it sells its product.

D. dispersing its activities among various countries in a manner that lowers costs or else helps achieve greater product differentiation and transferring competitively valuable competencies and capabilities from its domestic operations to its operations in foreign markets.

E. avoiding the use of strategies that entail coordinating its domestic strategic moves with its strategic moves in the various foreign markets that it enters.

Answer:

D. dispersing its activities among various countries in a manner that lowers costs or else helps achieve greater product differentiation and transferring competitively valuable competencies and capabilities from its domestic operations to its operations in foreign markets

Explanation:

A key condition that makes a firm achieve competitive advantage or a favourable business position is it's costs and product design.

If a firm can lower it's cost in a foreign market while also maintaining quality just as it is has done in it's domestic market then it stands a better chance of success.

For example, if a firm in the clothing line industry decides to expand its operations to a foreign market eg Africa.

A key factor in determining its success is its ability to lower its cost in the foreign market as compared to competitors, while also achieving the same quality standards of products.

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LO 1.5What is corporate social responsibility, and who are the stakeholders?
Lana71 [14]

Answer:

Corporate social responsibility is really a complex concept which, relating on the company or sector, will take several aspects. Companies can improve society by enhancing their products via CSR services, charity, and community projects.

It first needs to take responsibility for itself and its stakeholders in order for a company to be socially conscious. Today, organizations that implement CSR strategies have evolved to the point in which they can contribute to the community. CSR is therefore predominantly a large corporate strategy              

     A stakeholder is indeed a party with an involvement in a business and may influence or be influenced by business. His owners, staff, consumers and distributors are the key stakeholders in a standard company. The conceptual model of the idea, though, goes outside this original design to also include extra stakeholders such as a society, administration or trade organization.

5 0
3 years ago
__________ makes it possible for Ford to invest $60 million in a Mexico City manufacturing plant to produce smaller cars and lig
Dmitriy789 [7]

Answer:

The North American Free Trade Agreements

Explanation:

The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.

7 0
3 years ago
Suppose that you own a 20-acre plot of land that you would like to rent out to wheat farmers. For them, bringing in a harvest in
mars1129 [50]

Answer:

1. The most that the farmer would pay to rent 20 acre is $100.

2. The price of wheat rose to $6 per bushel is $900.

Explanation:

Given the information, we have:

Total cost per acre

= $35 + $80 + $70 = $185

Revenue from wheat per acre

= 40 x $5 = $200

Contribution per acre = $200 - $185 = $15

The most that the farmer would pay to rent 20 acre is

==>20 x ($15 - $10) = $100

If the price of wheat rose to $6, the most that farmer would pay

= 20 x (240 - 185 - 10)

= $900

5 0
2 years ago
On January 1, 2021, American Corporation purchased 25% of the outstanding voting shares of Short Supplies common stock for $210,
Usimov [2.4K]

Answer:

"$224,000" is the correct solution.

Explanation:

The given values are:

Corporation purchased percentage,

= 25%

Original investment,

= $210,000

Short's net income,

= $80,000

Paid cash dividend,

= $24,000

Now,

The share of net income will be:

= 25 \ percent\times 80,000

= 0.25\times 80000

= 20,000 ($)

The cash dividend will be:

= 25 \ percent\times 24,000

= 0.25\times 24,000

= 6,000 ($)

hence,

On December 31, 2021, the balance will be:

= Original \ investment+Net \ income \ share+Cash \ dividend

= 210,000+20,000+6,000

= 230,000-6,000

= 224,000 ($)

6 0
2 years ago
The final step in active listening involves
kvv77 [185]

Answer:

The final step is responding.

6 0
2 years ago
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