The Strategic Role of Foreign Factories Is Typically To

question 44

Multiple Choice

The strategic role of foreign factories is typically to:

• A)produce labour-intensive products at as low a cost as possible.
• B)appease foreign governments by producing jobs in their countries.
• C)increase product quality.
• D)provide domestically managers foreign experience.
• E)increase market penetration by reducing source effects

---

Definitions:

Sustained Competitive Advantage

The ability of a firm to maintain a unique value proposition in the market that cannot be easily replicated by competitors, thus ensuring long-term success.

Strategy

The formulation of organizational objectives, scopes, and action plans for gaining advantage.

Objectives

Goals or outcomes that an organization or individual aims to achieve within a specified timeframe.

Strategic Planning

The process of defining an organization's strategy or direction, and making decisions on allocating its resources to pursue this strategy.