• 80 Understanding Economies of Scale . B. serving domestic and international markets from the same production facilities C. serving global markets. True False Zach W.
Firms that pursue such a strategy can realize: A. differentiation. Check these out: B. allows a firm to reduce its cost of creating value. . True False Suppose that an economy is initially operating at a point on its PPC. Suppose that an economy is initially operating at a point on its PPC. Modern economic growth often results in the following, except Download our app to study better. ____ strategy is most appropriate when there are substantial differences across nations with regard to consumer tastes and preferences, and where cost pressures are not too intense. B. quadruples.
True False Find study materials for any course. It is often present in high fixed costs industries, i.e.
©2018 StudyBlue Inc. All rights reserved. Diminishing returns imply that when a firm already has significant value built into its product offering, increasing value by a relatively small amount requires significant additional costs. Which of the following is a disadvantage of the localization strategy? C. market growth. A. Download our app to study better.
True False True False True False True False True False Argue that economic growth does not resolve socioeconomic problems such as an unequal distribution of income and wealth. Number of worker-hours multiplied by labor productivity
A multinational firm may need to delegate marketing functions to national subsidiaries to be responsive to local differences in distribution channels.
A. global customization B. international C. localization D. transnational
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all of the following are sources of increasing returns and economies of scale except quizlet