Which of the following is true of the demand conditions described in Porter's diamond model?
A) Early market saturation puts extreme pressure on a company to expand, which leads to inappropriate establishment in foreign countries that destabilize the company.
B) Early home demand fails to anticipate international demand and hence gives foreign rivals the advantage of getting established in an industry sooner than local firms.
C) Slow home-market growth is an incentive for companies to invest in and adopt new technologies, and to build large, efficient facilities.
D) The size and pattern of growth of home demand are important only if the composition of the home demand is sophisticated and anticipates foreign demand.
D
You might also like to view...
A partner has express authority to do whatever he or she is authorized to do by:
A. customs and usages of similar businesses in a particular area. B. customs and usages of a particular partnership. C. the written articles of incorporation. D. the written articles of partnership.
Which of the following is a typical symptom of a revenue-related fraud?
a. Significant new, unknown customers. b. Fall in gross profit percentage compared to the previous year. c. Purchases from suppliers not approved on vendor lists. d. The company having a huge customer base.
A ______ is a tool for analyzing processes that have high service content by specifying how the service will be provided.
A. value stream map (VSM) B. process simulation C. service blueprint D. process chart
The key objective in managing individual development projects, _______, is how well the product meets the requirements and preferences that target customers have specified development speed
a. development speed b. product cost c. product performance d. development program expense