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Would an identical firm in Mexico be as productive as the one in the US?
Wiki User
∙ 10y ago
In fact, it will be more productive due to cheaper costs of production. This is the reason many industries have migrated south of the border.
Wiki User
∙ 10y ago
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What is managerial capacity?
ability of management to manage effictively productive resources of firm
Does the name have to be identical to be called a junior?
Traditionally yes; however, there are no firm rules. You can do whatever you want.
What is the difference between resources and capabilities and why do you need both?
A firms resources identifies its capabilities. Resources are the productive assets owned by the firm and capabilities speak to what the firm can do with those resources. Why the firm needs them? Without resources the the firms capabilities are limited.
Why is James K. Polk important to Texas?
He annexed the territories of the southwest from Mexico. In case you didn't figure it out, we won the war with Mexico!
What produces 2 identical cells?
A prison construction firm. That, or cellular mitosis.
How do firm's grow?
In economic terms firms can grow internally- this is where a firm increases there productive capacity by increasing their factors of productions, this could be; labour, land, capital or enterprise. This is normally a naturally occurring growth, as a business becomes more successful the demand for their products increases thus it is necessary to increase the productive capacity of the firm in order to supply for this demand thus exploiting all consumer demand and making as much profit as possible.
Example of a productive resources that households sell to government?
Households usually only sell labor to the government or to any other firm. Households are not able to produce anything else that would be of use the the government. If a person was a government worker, that would be selling their labor to the government.
What is the Production Possibility Frontier for Nigeria?
Production possibility curve refers to the maximum output combination which a firm can produce when it productive resources are fully utilised
How does competition in a market affect allocative and productive efficiency?
A competitive market, firms act with their benefit at heart. If a firm is producing at productive efficiency, it produces goods at a relatively low expenditure, it can sell at low prices and hence compete well in the market.
Why wasn't Spain able to establish firm control over northern Mexico?
Spain was unable to establish firm control over Northern Mexico because:A hostile environment (Mexico's Chihuahuan and Sonoran deserts).A hostile native population (Apache, Navajo, Zuni and Hopi tribes dotted the landscape).
In long-run equilibrium P equal minimum ATC equal MC. The equality of P and minimum ATC means the firm is achieving?
Productive efficiency.
What is the fundamental purpose of marketing?
The fundamental purpose of marketing is to link the productive capacities of the firm with the market for those capacities.In more detail, marketing is concerned with defining what products the firm's capacities will produce, pricingthose products, communicating the firm's capabilities and value proposition to the market place (promotion), and getting the product from the firm to the customer (physical distribution) ... the classic "4-P's" of marketing.
