Which of these companies is taking advantage of the globalization of production?
A) Daily Diamonds, an American jewelry manufacturer, buys diamonds from South Africa and exports them to India for the cutting process.
B) Evan Swan, a U.S.-based fashion designer, is planning to open a flagship store in China to serve the Asian market.
C) Uncle Crab, a U.K. fast food chain, serves customers worldwide through its local franchises.
D) Silver Unicorn Inc. uses sales personnel from the respective host country to sell its products and services.
E) Pizza Gallery, an Italian pizza chain, customizes its pizzas and pastas to suit the tastes of its American and Australian customers.
Correct Answer:
Verified
Q16: The retaliatory trade policies of the 1920s
Q17: Foreign direct investment (FDI) occurs when a
Q18: During the 1960s, centrally planned economies associated
Q19: A domestic enterprise is any business that
Q20: Containerization has revolutionized the transportation business, significantly
Q22: A firm has to become a multinational
Q23: The range of problems that a manager
Q24: Which scenario best demonstrates foreign direct investment?
A)
Q25: What statement best supports the claim that
Q26: Countries that receive loans from the IMF
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents