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What are differences between international firm and global firm and how to alter from international firm to global firm?
* INTERNATIONAL FIRM - simply do import and export - operates in foreign countries through licensing and franchising - managed by nationals of home country - concentrates in some countries or regions * GLOBAL FIRM - invests and is present in many countries - has affiliates, subsidiaries and branches in many countries - draws resources such as labor,capital and materials from a global pool - pursues global business strategy. * An International firm can become a global firm by pursuing global business strategy
What are the elements of business firm?
Some of the key elements of a business firm include customer segments and proper channeling. Other elements are cost structure and customer relationships.
What are the companies underlying regiocentric orientation?
regional orientation is defined as a functional rationalization on a more-than-one country basis. Subsidiaries get grouped into larger regional entities. Regions are consistent with some natural boundaries, such as the Europe, America and Asia-Pacific. Both polycentric and regiocentric approaches allow for more local responsiveness, with less corporate integration.
What does a firm do when the price of a good increases?
When the price of a good increases, a firm typically assesses the situation to determine if the higher price will lead to increased revenue. This may prompt the firm to increase production to capitalize on the opportunity for higher profits, assuming that demand remains strong. Additionally, the firm may also evaluate its cost structure and supply chain to ensure it can meet the new demand efficiently. In some cases, the firm might invest in marketing to promote the good further, leveraging the higher price point.
When it comes to social responsibility some people feel that before you can do good you must do well This reflects a firm's primary responsibility to their?
Investors
Suggest you some good name for your interior design firm?
Suggest some catchy name for interior design firm
Some name for a financial cosnulting firm?
Madhucon financial advisors
Which companies are using polycentric approach?
A polycentric approach to international business involves decentralizing decision-making to local subsidiaries in different countries. Some companies known to use this approach include Nestle, Coca-Cola, and Procter & Gamble. These companies allow their local subsidiaries to tailor products, marketing strategies, and operations to suit the specific needs and preferences of each market, while still maintaining overall control and coordination from the headquarters.
Where are some of the characteristics of a firm with a long cash cycle?
. What are some of the characteristics of a firm with a long cash cycle?
A simile with the word firm in the simile?
Some words that use the root 'firm' are:affirmaffirmativeconfirmconfirmationfirmlyinfirminfirmaryinfirmityreaffirmreaffirmationreconfirmunconfirmed
How do British people answer the phone?
Most people just say 'Hello'. Some people announce their name or number. Properly trained business users give the name of the firm.
Is the retainer fee deducted from the total bill?
This accounting practice varies from firm to firm and lawyer to lawyer. Some do and some do not there is no definitive answer.
What are some website design companies that specialize in legal law firm websites?
Some website design companies that specialise in legal law firm websites are: Scorpion Design, iLawyer Marketing, Strategic Legal Web, Visual Swirl, Novoia, Walker Sands, to name a few.
Why is the stock prices important to a firm?
its inportant to the firm on the cause that it give some reputation, it also ofthen give a valiu of the state of that firm (Notice: the firm can have a low stock and goes good)
What are some of the advantages from a firm mattress?
Firm mattresses offer support and rigidity in exchange for malleability. Firm mattresses provide additional support to people's spines, making it perfect for those with some types of back pain.
What words have the root word firm in them?
Some words that have the root word "firm" in them include firmament, affirm, and confirm.
What is the appropriate goal of the firm?
The most appropriate goal of a firm depends on the industry. In very general terms, a firm is a business with a goal of making money. Another major goal of a firm could be to help people or benevolence of some sort.
