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In the world of zero transportation cost no trade barriers and significant differences between nations and amp with regards to factor conditions firms must expand internationally if they are to surviv?
In a world with zero transportation costs and no trade barriers, firms must expand internationally to leverage significant differences in factor conditions across nations. This allows them to access cheaper labor, unique resources, and diverse markets, enhancing competitiveness and profitability. Without such expansion, firms risk stagnation or obsolescence as global competition intensifies. Ultimately, international growth becomes essential for survival and success in a rapidly evolving global landscape.
Why do firms expand?
So that they can make more money.
Why and How Firms Internationalize?
expand sales and increase profit
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.
When discussing pure competition the term long run refers to a period of time long enough to allow?
Firms already in an industry to either expand or contract their capacities and new firms to enter or existing firms to leave.
What strategy did MTV pursue whe it Initially started to expand internationally?
What strategy did MTV pursue whe it Initially started to expand internationally?
Why did Victoria's secret expand internationally?
they got plus sizes=]
Why do firms expand?
So that they can make more money.
Why and How Firms Internationalize?
expand sales and increase profit
Which of the following statements is NOT true about information technology's impacts on business firms?
elps firms expand in size
How does Exporting work?
With exporting, firms enter international markets by selling products internationally through the use of middlemen
Why don't small firms grow bigger?
A lack of resources to expand is usually the answer. Small firms must keep their prices small to compete with the bigger firms and in that price it does not include the money needed for expantion.
When discussing pure competition the term long run refers to a period of time long enough to allow?
Firms already in an industry to either expand or contract their capacities and new firms to enter or existing firms to leave.
When did Netflix expand their services to the UK?
It has not been expanded to the UK as of the current time. They had plans in 2004 to do so but they were cancelled. Netflix hopes to expand internationally in 2012 starting in Spain.
Are roles that women play in some foreign countries may present some difficult ethical problems for firms doing business internationally?
yes
Why do people want to expand the concentration camps?
Who wants 'to expand the concentration camps'?
What is a common barrier facing companies who want to trade internationally?
Duties
