Splitting up the value chain allows companies to take advantage of ____. economies of scale and opportunity cost absolute advantage and comparative advantage economies of scale and specialization trade agreements and specialization
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Splitting up the value chain allows companies to take advantage of ____.
economies of scale and
economies of scale and specialization
trade agreements and specialization
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- ongoing globalization of business benefit from the liberation of foreign trade and investment through the concerted efforts of ________. A) oligopolistic opportunism B) consumer alliances C) transnational institutions D) industry associationsAre their any copyrights, trademarks, patents, or trade secrets needed to consider for an e-commerce business that sells imported Honduran coffee beans?Imagine that you are a business owner and looking to expand your operations internationally for the first time. You know that different approaches offer different advantages. For each advantage listed below, identify the business approach that would provide that advantage. Access to foreign markets No need to adapt products to local preferences Control Access to materials and technology Low capital investment needed Shared ownership Import/Export Licensing Joint Venture O O O O Direct Investment O
- Mr. Schmidt Hanz was chosen by his company to establish a subsidiary office in Oman. He was hesitant about accepting the mission since he has never travelled outside his country, Germany. It seemed like he did not want to be introduced or exposed to a new culture, and was afraid of this "foreignness". What is Mr. Schmidt experiencing? * O Ethnocentrism O Xenophobia O Stereotyping O Cultural pluralismMany US and European Multinationals have expanded in Asian countries and have established manufacturing and sales operations there. Why do you think this region of the world holds so much interest for multinational companies? What are the advantages and potential disadvantages?Why would a small business choose to license its products in other countries?
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