Multiple Choice
Which of the following is true of costs in terms of how firms compete internationally?
A) Adapting operations to fit local circumstances is cheap.
B) The more tailored a product is, the higher the cost.
C) Higher costs ensure risks are lowered or negated.
D) Firms achieve economies of scale by avoiding standardization.
Correct Answer:
Verified
Correct Answer:
Verified
Q54: Nate, the CEO of Venus Corp., decides
Q55: Neon Inc. considers two foreign markets for
Q56: Which of the following statements is true
Q57: Firms choose to compete in international markets
Q58: Which of the following is a disadvantage
Q60: Kitsch Along Inc., a cloth manufacturer, raises
Q61: _ distance is usually measured as per
Q62: Shondura Inc. focuses on both local responsiveness
Q63: Administrative distance refers to _.<br>A)distance in miles,
Q64: Which of the following statements is true