Identify and briefly explain two ways that multinational companies are able to use international operations to improve overall competitiveness.
What will be an ideal response?
A multinational firm can gain competitive advantage by expanding outside its domestic market in two important ways: it can use location to lower costs or help achieve greater product differentiation. That is, multinational companies can achieve a competitive advantage in world markets by locating their value chain activities in whichever nations prove most advantageous, by either concentrating activities in certain locations or dispersing internal processes across multiple locations.
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Answer the following statements true (T) or false (F)
1. Obsolete technology and outdated facilities are examples of organizational threats. 2. Guthrie Community College has done a SWOT analysis and discovered that the number of college-bound high-school juniors in its state has grown by nearly 20% in the past few years. This is a strength for Guthrie. 3. Organizational threats are the environmental factors that hinder an organization's ability to achieve a competitive advantage. 4. Forecasting is a strategic-planning tool used to make long-term strategy.
State attorneys general have been encouraging private groups such as the ________ to play a role in exposing fraudulent sales tactics and in ________ disputes
A) Consumer Financial Protection Bureau; arbitrating B) Better Business Bureau; litigating C) Consumer Financial Protection Bureau; litigating D) Better Business Bureau; arbitrating
Using the nodes of interest for the llamas, Fruit, Barn, Oak, Shade, Hay and Pond, what is the maximal flow from the Barn to the Pond?
A) 17 B) 18 C) 20 D) 23
The desire for floating-rate bonds, and consequently their increased usage, arose out of the experience of the early 1980s, when inflation pushed interest rates up to very high levels and thus caused sharp declines in the prices of outstanding bonds.
Answer the following statement true (T) or false (F)