The value net framework includes an analysis of <u>d. the firm, suppliers, customers, competitors, and complementors</u>.
<h3>Who are those involved in a value net framework?</h3>
The entities that influence a business's success include its Customers, Suppliers, Competitors, and Complementors.
A business should develop cooperative and productive relationships with these influencers in addition to studying its internal capabilities and competencies to derive external value.
Thus, the value net framework includes an analysis of <u>d. the firm, suppliers, customers, competitors, and complementors</u>.
Learn more about value creation at brainly.com/question/14172103
#SPJ12
Explanation:
An international strategy can be understood as the set of processes and action plans that a company will implement to achieve its objectives in an external market.
An organization decides to internationalize its activities with the objective of conquering a different market that can bring different competitive and financial benefits to the company.
To be successful, the organizational strategy must comprise the set of requirements that must be followed to include itself in a different market, such as, for example, the set of policies that will guide the operation of the business.
In addition, it is necessary to plan its activities in such a way that they are in line with the fundamental requirements of the country, such as multicultural norms, values, tastes, preferences, etc.
Companies generally use internationalization as a competitive strategy, since this can be an effective means of reducing costs, due to the cheaper labor and the less bureaucratic process. A well-positioned brand also guarantees a differential that adds to the ease of an organization being successful in the process of conquering new markets.
Answer:
C) efficiency
Explanation:
Efficiency is defined as the ratio between the inputs required to produce a certain amount of output. In other words, the more efficient the company is, the lower its average production costs.
An efficient company is able to produce more output using the same amount of inputs as other companies, or produce the same output using a smaller amount of inputs.
In this case, Trent Automobiles is just the opposite, their bad purchasing decisions led to higher costs which reduces their efficiency levels.
Answer:
Explanation:
Total quality management programs are the continual process of detecting and eliminating errors in manufacturing, streamlining supply chain management, improving the customer experience, and ensuring that employees are up to speed with training. This constant change and improvement allow companies like GC Micro to continuously grow their business and in term their profits. Therefore, for a large company such as this one, $70 million is nothing compared to the amount of money they will profit by improving their business.
The three stances are the neutral fiscal stance, which occurs when the budget is well balanced and the economy is in equilibrium; then there's the<span> expansionary fiscal stance in which the spending exceeds tax revenues, which occurs usually during hard periods such as recessions; and the final stance is </span><span>the contractionary fiscal stance, in which the government spends less than what the tax revenue is. </span>