Explain the two opposing forcescost reduction and adaptation to local marketsthat firms must deal with when they
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
As firms go global they gain an ability to reduce costs by exploiting economies of scale reducing co...View the full answer
Answered By
Caroline Kinuthia
Taking care of the smaller details in life has a larger impact in our general well being, and that is what i believe in. My name is Carol. Writing is my passion. To me, doing a task is one thing, and delivering results from the task is another thing. I am a perfectionist who always take things seriously and deliver to the best of my knowledge.
4.90+
1933+ Reviews
4269+ Question Solved
Related Book For
Strategic Management Text and Cases
ISBN: 978-1259196553
7th edition
Authors: Gregory Dess, Tom Lumpkin, Alan Eisner, Gerry McNamara
Question Posted:
Students also viewed these Management Leadership questions
-
There are four basic strategiesinternational, global, multidomestic, and transnational. What are the advantages and disadvantages associated with each?
-
The Internet has lowered the entry barriers for smaller firms that wish to diversify into international markets. Why is this so? Provide an example.
-
Describe the three characteristics of entrepreneurial leadership: vision, dedication and drive, and commitment to excellence.
-
What is the probability that the number X of successes in the personnel managers sample of 100 employees in question 10 will be 48 or more?
-
For each of the following pairs of variables measured for cities in North America, explain whether the relationship between them would be a deterministic one or a statistical one. a. Geographic...
-
To analyze a synchronous circuit, where can the control inputs be found that will determine the output changes?
-
This creative dynamic visualization by Nathan Yau (flowingdata.com) shows a day in the life of 1000 different representative Americans based on survey data: http://flowingdata...
-
Preparing a Simple Statement of Cash Flows Using the Indirect Method Avalos Corporation is preparing its annual financial statements at December 31, 2011. Listed here are the items on its statement...
-
In the year just ended, Gemini Motor Parts had sales of $5,000,000 and incurred a cost of goods sold equal to $4,500,000. The firm's operating expenses were $130,000 and it has $1,000,000 in...
-
This unadjusted trial balance is for Challenger Construction at the end of its fiscal year, September 30, 2014. The beginning balance of the owner's capital account was $46,000 and the owner invested...
-
What are the four factors described in Porters diamond of national advantage? How do the four factors explain why some industries in a given country are more successful than others?
-
What is the basis of Alan Rugmans argument that most multinationals are still more regional than global? What factors inhibit firms from becoming truly global?
-
An AISI 4142 steel Q&T at 800F exhibits S yt = 235 kpsi, S yc = 285 kpsi, and f = 0.07. For the given state of plane stress, (a) Determine the factor of safety, (b) Plot the failure locus and the...
-
10. 360 000 kg/h of steam is supplied to a turbine at 3000 kPa and 300C. The turbine exhausts at 10 kPa and 0.86 dry. Actual turbine efficiency is assumed to be 78%. Calculate the shaft power...
-
Derive the equations of motion for the system shown in Fig. 2, where dashpot c2 is in series with spring k2. Find the differential equations relating input y(t) to the output z(t). There is no...
-
The Figure below shows a conveyor belt system. The objective of the system is to move the work piece by a pre-set speed. a) There is a component missing in the figure below, identify this component...
-
The Figure below shows a temperature control system that can be used to heat a room or oven. The heat is generated by the electric heater. Heat is lost to the outside through the walls. A thermometer...
-
Natalie (who is not a stockbroker) purchased 10 shares of stock in XYZ Inc., a publicly-traded company, on April 1, 2021, for $10,000. On March 15, 2022, XYZ filed chapter 7 bankruptcy and was...
-
In Problems 13 20, P = (x, y) is the point on the unit circle that corresponds to a real number t. Find the exact values of the six trigonometric functions of t. HIN 3 2
-
One of the significant and relevant accounts for this cycle is equipment. For this account, what would typically be the most relevant assertions for the auditor to consider? Why is it important for...
-
What are computer servers, server racks, and server clusters? SGI, or Silicon Graphics International, was formed by the merger of Rackable Systems and Silicon Graphics in May 2009. Although Silicon...
-
What business model and strategies has SGI pursued over time? SGI, or Silicon Graphics International, was formed by the merger of Rackable Systems and Silicon Graphics in May 2009. Although Silicon...
-
Why is the server segment of the computer industry becoming so competitive today? SGI, or Silicon Graphics International, was formed by the merger of Rackable Systems and Silicon Graphics in May...
-
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,300. The machine's useful life is estimated at 10 years, or 403,000 units of...
-
14. (3 points) Write a program that ask the user for 1. their first name and 2. their last name, Enter first name: Matt Enter last name: Priem Hello Matt Priem! and then outputs a greeting similar to...
-
Given a sorted array 2, 5, 8, 12, 16, 18, 22, 25, 29, 32 and the following interpolation search algorithm. Show the steps of the algorithm when 25 is searched. Also, when 26 is searched. array a,...
Study smarter with the SolutionInn App