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Author Question: When a firm can operate at a more efficient level than others in the market and at lower costs the ... (Read 87 times)

ETearle

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on: Sep 11, 2018
When a firm can operate at a more efficient level than others in the market and at lower costs the company is said to be operating at an advantage over typically smaller firms. This method of operation is referred to as:
 
  What will be an ideal response?

Question 2

What are 3 reasons a fashion company might consider operating in a foreign market?
 
  What will be an ideal response?


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zenzy

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Reply #1 on: Sep 11, 2018
Answer to Question 1

Economies of Scale

Answer to Question 2

reductions in costs on raw materials and labor, the ability to obtain scarce raw materials, special tax,
tariff production, below market financing are among a few of the reasons.


ETearle

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Reply 2 on: Sep 11, 2018
YES! Correct, THANKS for helping me on my review

carlsona147

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Reply 3 on: Yesterday
Excellent

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