A Company Should Probably Use a Concentration Strategy for International

question 47

Multiple Choice

A company should probably use a concentration strategy for international expansion when there are ________.

• A)high needs for product adaptation and low growth in each market
• B)short competitive lead times and low spillover effects
• C)high growth rate and long competitive lead times
• D)low sales stability and short competitive lead times

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Definitions:

Fixed Overhead Volume Variance

The difference between the budgeted and actual quantity of units produced, multiplied by the fixed overhead rate per unit.

Sales Orders

Formal documents issued by a buyer to a seller authorizing the sale of a specific quantity of goods at a specified price, which upon acceptance, becomes a contract.

Machine Breakdowns

Situations when industrial or office machinery stops functioning due to mechanical failure, necessitating repair or replacement.

Utility Costs

Expenses incurred for essential services such as electricity, gas, water, and sewer, which are necessary for operating a business or maintaining a home.