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What steps have U.S. firms taken to regain a competitive edge in the global marketplace?
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What hAS US manufacturers done to regain a competitive edge?
In an attempt to regain a competitive edge, United States firms have
Why Japanese Firms tend to be so competitive?
Japanese firms are competitive because they want to make a profit. They typically do this by expanding outside of Japan.
Competitive firms are assumed to do what?
Be price takers.
Characteristic do all three types of imperfectly competitive firms share?
What important charactertistic do all three types of imperfectly competitive firms share?
Does monopolistically competitive firms have horizontal marginal cost curve?
No it does not. Only Perfectly Competitive firms have a horizontal Marginal Cost curve, which is also there demand curve.
What hAS US manufacturers done to regain a competitive edge?
In an attempt to regain a competitive edge, United States firms have
In what type of industry organizational form is a firms competitive position in one country is significantly affected by its position in other countries?
Global
What competitive environmental forces influence the firms strategy?
The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.
Do perfectly competitive firms advertise?
Perfectly competitive firms would not advertise as advertising would serve no purpose. A market that is perfectly competitive exists only in theory.
Why Japanese Firms tend to be so competitive?
Japanese firms are competitive because they want to make a profit. They typically do this by expanding outside of Japan.
What are three sources of competitive advantage available to international businesses that are not available to domestic firms?
1-global efficiencies 2-multinational flexibility 3-worldwide learning
What are two perfectly competitive firms?
None
Competitive firms are assumed to do what?
Be price takers.
Characteristic do all three types of imperfectly competitive firms share?
What important charactertistic do all three types of imperfectly competitive firms share?
Does monopolistically competitive firms have horizontal marginal cost curve?
No it does not. Only Perfectly Competitive firms have a horizontal Marginal Cost curve, which is also there demand curve.
Which firms specialise in global wealth management?
Global private banking firms specialise in global wealth management. They have experience when it comes to converting currency and they also operate on a global scale.
Monopolistically competitive firms are typically characterized by?
many firms selling products that are similar, but not identical.
