Assume JBD decides to expand the sale of its products into new markets outside of the European Union (EU). Discuss how each element of PESTLE analysis could help inform this decision.

Dispersing particular value chain activities across many countries rather than concentrating them in a select few countries can be more advantageous, except when Group of answer choices buyer-related activities (such as sales, advertising, after-sale service, and technical assistance) need to take place close to buyers. there are diseconomies of scale in trying to operate from a single location. it helps hedge against the risks of exchange rate fluctuations, supply disruptions, and adverse political developments. buyers' demand for short delivery times and/or high transportation costs make it uneconomical to operate from one or just a few locations. there are reasons to decouple buyer-related activities in favor of locational advantages.

If a small U.S. producer with limited financial resources, no knowledge of the export function, and little marketing know-how wants to export its products to international markets, it would most likely use a(n)

Which objectives does the LOCAL directive hope to achieve?