Examlex
Suppose that the following table gives annual employee compensation
(including fringe benefits) in the United States, China, and India for various
industries.According to the HO model, which U.S.industries are MOST likely
to face the strongest competition from Indian imports? Explain your answer.
Global Strategies
involve planning and coordinating an organization's operations, marketing, and functions across multiple countries to achieve competitive advantage on a global scale.
Product Innovation
The process of creating new or significantly improved products to meet consumer needs or open new markets.
Relocation
The process of moving employees, their families, or entire departments of a business to a new location.
Technological Changes
Alterations or advancements in technology that impact how activities are performed, potentially leading to increased efficiency, new products, or disruptions in industries.
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