Which of the following strategies focuses on increasing profitability?A localization strategy focuses on increasing profitability by customizing the firm's goods or services so that they provide a good match to tastes and preferences in different national markets.
Which of the following is a primary activity in the operations of a firm?The correct answer is C) marketing and sales. The goal of primary activities is to add value to the product directly. They are: Inbound logistics.
When a company focuses on increasing its profitability by reaping cost reductions that come from economies of scale and location economies it is using a N?Global standardization strategy focuses on increasing profitability and profit growth by reaping the cost reductions that come from economies of scale, learning effects, and location economies.
Is defined as the actions that managers take to attain the goals of the company?Also, before we discuss the strategies that managers in the multinational enterprise can pursue, we need to review some basic principles of strategy. A firm's strategy can be defined as the actions that managers take to attain the goals of the firm.
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