By producing a significant number of an item the production cost of said item decreases, thus leading to a larger profit margin.
- I hope this helps :)
Answer: Canada and the United States (U.S.) enjoy a unique relationship. The Canada-United States partnership is forged by shared geography, similar values, common interests, deep personal connections and powerful, multi-layered economic ties. Canada and the United States enjoy the largest trading relationship in the world. A secure and efficient flow of goods and people across the border is vital to both countries’ economic competitiveness and prosperity. When Canada and the United States work together, they enhance their security and accelerate the legitimate flow of people, goods and services. Canada and the United States remain committed to close cooperation on issues facing our two countries and to jointly address challenges around the world.
Explanation: Is this wut u were looking for?
When trying to penetrate the market in another country, American company will have to deal with the fact that they have to solve several problems due to the different in culture and political climate.
To minimize the risk, choosing joint venture option with local establishment may be the best option so they can handle the local aspect of the business while pepsico could focus solely on the internal aspects
Columbus departed from Castilian palos de la frontera to find a shorted trade rout to india.
Answer:
one player's optimal action choice taking the other player's action as given
Explanation:
The best response is a strategy from the game theory. This strategy holds that a player could select a strategy that favors him most given the strategies of other players. This is in reference to John Nash's Nash Equilibrium that explains that a player could reach that point(equilibrium) where he selects the best response or one of them that works best considering other players' strategies.