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Questions and Answers
What do distinctive competencies enable a company to attain in the overseas market?
What do distinctive competencies enable a company to attain in the overseas market?
- Superior quality, efficiency, innovation, and customer responsiveness (correct)
- Average quality and efficiency
- Low-quality products
- Limited innovation and customer responsiveness
What do product offerings reflect in relation to distinctive competencies?
What do product offerings reflect in relation to distinctive competencies?
- Weaknesses easily imitated by rivals
- Unique strengths that are difficult to imitate by rivals (correct)
- No reflection of competencies
- Common features imitated by rivals
How do distinctive competencies enable a company to lower production costs or attain differentiation?
How do distinctive competencies enable a company to lower production costs or attain differentiation?
- By only focusing on premium pricing
- By increasing production costs and reducing differentiation
- By enabling the company to lower production costs or achieve differentiation (correct)
- By having no impact on production costs or differentiation
What do companies going for the global market realize by applying distinctive competencies?
What do companies going for the global market realize by applying distinctive competencies?
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What do location economies contribute to?
What do location economies contribute to?
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Why did Sundaram Fasteners expand its manufacturing operations to China?
Why did Sundaram Fasteners expand its manufacturing operations to China?
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What does the optimal location enable business firms to do?
What does the optimal location enable business firms to do?
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