1. A _____ strategy is often used where there's a strong pressure to reduce costs and limited pressure to adapt products for local markets. A. home replication B. transnational C. multi domestic D. global
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1. A _____ strategy is often used where there's a strong pressure to reduce costs and limited pressure to adapt products for local markets.
A. home replication
B. transnational
C. multi domestic
D. global
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- Identify the strategy with respect to product/market grid and explain. a. Knoor noodles now available in Rs. 20 pack. (Smaller than normal size) b. Baskin Robins (an international ice cream chain) offered new flavor. c. Mothercare baby product firm started California pizza business.Imagine you are marketing manager and your want to create a report of market segmentation and your product is bike for example Lit C1 explain every segment one by one in 200-250 wordsPlease answer all 1. Coldwater Bicycle Company operates its factories at capacity and holds a dominant market position in its home country. When it receives a premium priced order from a new customer in another country, it must decide whether to fill that order or continue to supply the full demand in its home market. When it decided not to completely fill the new order, it incurred Group of answer choices a. Sunk costs b. Average costs c. Opportunity costs d. Marginal costs 2. What might happen if a car dealership is awarded a bonus by the manufacturer for selling a certain number of its cars monthly, but the dealership is just short of that quota near the end of the month? Group of answer choices a. Potential buyers will lose buying power at the dealer b. It may sell the remaining cars at huge discounts to hit the quota c. It creates an incentive to sell cars from different manufacturers d. It would ruin the relationship between dealer and manufacturer…
- a source of market power that exists due to falling long run average total cost is a. Trade barriers b. Advertising c. Product differentiation d. Economies of scale e. Patents and copyrightsEconomic research suggests that US environmental regulations have _____. Select one: a. Made US firms less competitive against their global competitors. b. Had no discernable effect on US competitiveness. c. Made US firms more competitive against their global competitors.Suppliers are powerful when: a. satisfactory substitutes are available. b. they sell a commodity product. c. they offer a credible threat of forward integration. d. they are in a highly fragmented industry.
- A pharmaceutical asking for patent right for producing one important medicine, considering market structure, price setting objective and profit maximizing condition, should private company allow to produce necessary product like medicine? Use diagram.How does the company set its goods or services apartfrom those of its competitors? Does the company compete on price, quality, service, innovation, or some otherattribute?Government regulations related to competition in the industry helps to clearly establish a line between fair and unfair practices thereby promotive healthy competition. How can prove it?
- Match each concept with its corresponding definition:- Pure and perfect competition. Imperfect competition. The monopoly. The oligopoly. Monopolistic competition. Barriers to entry into an industry. A. All restrictions that do not allow the company to produce a certain type of production. B. A type of market where several companies sell a standardized or differentiated product with limited ability to control prices, having high barriers to enter the market and considerable restrictions on access to the economic information. C. A type of market where many companies produce and sell standardized products, there are no barriers to entry into the industry, one has free access to economic information and none of these companies is powerful to influence (increase or decrease) the market price. D. A type of market in which there are one, several or a considerable number of companies in the industry that control the price level in a certain way; on the other hand, there are barriers to entry…Gater Tools, a profit-maximizing firm, has a patent on a power tool, making it the only producer of that power tool. Thegraph above shows GaterTools' demand, marginal revenue, average total cost, average variable cost, and marginal costcurves.(a) Calculate GaterTools' total revenue if the firm produces the allocatively efficient quantity. Show your work.(b) Starting at a price of $12, if GaterTools were to increase the price by 4%, will the quantity demanded decrease bymore than 4%, less than 4%, or exactly 4%? Explain.(c) At a quantity of 10 units, is GaterTools' marginal product increasing, decreasing, or constant? Explain. (f) Does GaterTools have a dominant strategy? Explain using numbers from the payoff matrix.(g) Identify the Nash equilibrium. Explain why this is a Nash equilibrium using information from the payoff matrix.(h) Suppose HandyBilt makes a credible commitment to GaterTools that if GaterTools maintains its price, then HandyBiltwill pay GaterTools $250. Will this offer…There are 38 nearly identical ABC stores within a one-mile radius in Waikiki. The combined size of these 38 stores allows ABC to offer large quantities at favorable prices. a. ABC gained market power through economies of scale government protection control of an important input . b. ABC’s market power does does not guarantee that the firm makes an economic profit.
