A Low Operating Leverage Is Normal for Highly Automated Industries

question 182

True/False

A low operating leverage is normal for highly automated industries.

Comprehend the complexities involved in entering global markets through different strategies.

Identify the benefits and drawbacks of first-mover and follower strategies in market entry.

Recognize the significance of addressing market needs and segments overlooked by competitors.

Analyze the impact of different market entry strategies on company resources and risks.

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Definitions:

Demand Satisfaction

The fulfillment of consumer desires and needs through the provision of products or services.

Production Facility

A site or plant where goods are produced or manufactured, equipped with specialized equipment for production activities.

Idle Capacity

Unused production capability, where available resources such as machinery or labor are not fully utilized.

Financial Advantage

Refers to the benefit gained in financial terms, which could be through cost savings, revenue increase, or any other financial gain.