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Firms seek to maximize profitability and ensure sustainable growth while delivering value to their customers. They aim to effectively utilize resources, maintain a competitive edge, and adapt to market changes. Additionally, firms strive for innovation, efficiency, and stakeholder satisfaction to enhance their overall performance and long-term success.

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How do futures and investment advisory firms operate?

Futures and investment advisory firms typically provide advice and manage pools of funds for institutional clients. On a fee or contract basis, these firms seek to minimize their clients' exposure to risk


Why the government influence the growth of firms?

Governments seek to influence business to ensure that they are following regulations. If they are not, the government may fine them.


Why firms with low quality goods can survive in planned economy but not in market economy?

In a planned economy, firms with low-quality goods can survive because the government often dictates production and distribution, reducing competitive pressures. These firms may receive state support or lack incentives to improve quality, as consumer choice is limited. In contrast, a market economy thrives on competition, where consumers actively seek higher-quality products, forcing firms to innovate and improve. If firms fail to meet these demands, they risk losing market share or going out of business.


Why do firms engage in international trade?

Firms engage in international trade to access larger markets, increase sales, and diversify their customer base beyond domestic borders. This can lead to economies of scale, reduced production costs, and enhanced competitiveness. Additionally, firms seek to acquire resources, technologies, and raw materials that may not be available locally, thereby improving their overall efficiency and innovation. Ultimately, international trade allows firms to capitalize on global opportunities for growth and profitability.


What is the motivation for international expansion of firms within each category?

Firms expand internationally for various reasons, typically categorized as market-seeking, resource-seeking, efficiency-seeking, and strategic asset-seeking motivations. Market-seeking firms aim to access new customer bases and increase sales, while resource-seeking firms look for essential inputs like raw materials or labor. Efficiency-seeking firms pursue cost reductions through economies of scale or lower operational costs, and strategic asset-seeking firms seek to acquire valuable capabilities, technologies, or brands that enhance their competitive advantage. Each category reflects a distinct strategic goal that drives firms to explore opportunities beyond their domestic markets.

Related Questions

Who advises firms when raising capital?

For medium to large size companies, firms typically seek the services of an investment bank.


Why do so many firms seek to buy out other firms?

Because they are gluttonous and they can never have enough much like fat ppl


How do futures and investment advisory firms operate?

Futures and investment advisory firms typically provide advice and manage pools of funds for institutional clients. On a fee or contract basis, these firms seek to minimize their clients' exposure to risk


What is the legal Cartel Theory?

the legal Cartel theory suggests that some industries may seek to be regulated or desire that regulation continues, so that the number of firms is limited and the existing firms can act like a monopoly.


I was wondering if there were any good medical sonography firms in the south of England who could test our equipment?

First, you must seek out the firms in which you would like to test out treatment. Then, you must contact the firm and request a tour from the appropriate person.


Why the government influence the growth of firms?

Governments seek to influence business to ensure that they are following regulations. If they are not, the government may fine them.


Why firms with low quality goods can survive in planned economy but not in market economy?

In a planned economy, firms with low-quality goods can survive because the government often dictates production and distribution, reducing competitive pressures. These firms may receive state support or lack incentives to improve quality, as consumer choice is limited. In contrast, a market economy thrives on competition, where consumers actively seek higher-quality products, forcing firms to innovate and improve. If firms fail to meet these demands, they risk losing market share or going out of business.


Why do firms engage in international trade?

Firms engage in international trade to access larger markets, increase sales, and diversify their customer base beyond domestic borders. This can lead to economies of scale, reduced production costs, and enhanced competitiveness. Additionally, firms seek to acquire resources, technologies, and raw materials that may not be available locally, thereby improving their overall efficiency and innovation. Ultimately, international trade allows firms to capitalize on global opportunities for growth and profitability.


What is the motivation for international expansion of firms within each category?

Firms expand internationally for various reasons, typically categorized as market-seeking, resource-seeking, efficiency-seeking, and strategic asset-seeking motivations. Market-seeking firms aim to access new customer bases and increase sales, while resource-seeking firms look for essential inputs like raw materials or labor. Efficiency-seeking firms pursue cost reductions through economies of scale or lower operational costs, and strategic asset-seeking firms seek to acquire valuable capabilities, technologies, or brands that enhance their competitive advantage. Each category reflects a distinct strategic goal that drives firms to explore opportunities beyond their domestic markets.


How might domestic firms react if each state were to punish firms based on its own foreign policy ideals?

If each state were to punish firms based on its own foreign policy ideals, domestic firms might face significant uncertainty and operational challenges. They could adapt by diversifying their markets and supply chains to mitigate risks associated with punitive measures. Additionally, firms may lobby for more consistent national policies or seek to influence foreign policy to align with their business interests. Ultimately, this fragmentation could lead to increased compliance costs and hinder international trade relations.


How many firms are traded on the FTSE?

There are approximately 1700 firms traded on the FTSE. The number of firms traded changes daily. New firms are added as some firms drop off the exchange.


Are profitable firms necessarily efficient firms?

yes