In Competing in Foreign Markets,companies Find It Advantageous to Concentrate

question 38

Multiple Choice

In competing in foreign markets,companies find it advantageous to concentrate their activities in a limited number of locations when

• A) there are significant scale economies in performing an activity.
• B) the costs of manufacturing or other activities are significantly lower in some geographic locations than in others.
• C) there is a steep learning or experience curve associated with performing an activity in a single location (thus making it economical to serve the whole world market from just one or maybe a few locations).
• D) certain locations have superior resources,allow better coordination of related activities,or offer other valuable advantages.
• E) All of these.

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Definitions:

Résumé Purpose

The objective of a résumé, which is to provide a summary of one's qualifications and experiences for potential employers.

Employer Interested

A state where an employer shows curiosity or consideration towards a potential employee or candidate.

Interviewing

The process of asking questions and obtaining information from individuals, often used in research, journalism, or employment selection.

Preparing Résumé

The process of creating a document that summarizes one's work experience, education, and skills for job applications.