This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a firm can operate at a more efficient level than others in the market and at lower costs the ... (Read 72 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
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?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zenzy

  • Sr. Member
  • ****
  • Posts: 336
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

  • Member
  • Posts: 580
Reply 2 on: Sep 11, 2018
:D TYSM

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

The respiratory system. (a) Sagittal section of the head and neck, revealing the organs of the upper The respiratory system. (a) Sagittal section of the head and neck, revealing the organs of the upper
Lower extremity blood pressure cuff Lower extremity blood pressure cuff
The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima
Woman (formerly a.k.a. the Venus of Willendorf), Lower Austria. Woman (formerly a.k.a. the Venus of Willendorf), Lower Austria.
Rising sea level threatens coastal communities around the world Rising sea level threatens coastal communities around the world
Rapidly decreasing sequence costs have enabled the rapid expansion Rapidly decreasing sequence costs have enabled the rapid expansion
Video: T cell receptors

For a complete list of videos, visit our video library