Firms that operate internationally are able to :
All the above
Charles Hill's treatment of international strategy explains that expanding abroad lets a firm increase profitability and profit growth in several ways that a purely domestic firm cannot.
First, the firm can earn a greater return from its distinctive skills and core competencies by applying them in new foreign markets where local rivals lack them. Second, it can realise location economies by performing each value-creation activity in the country where it can be done most efficiently, given factor costs, skills and infrastructure. Third, by serving a global market from a few sites it reaches large cumulative volumes quickly, moving down the experience curve so that unit production costs fall through learning effects and scale economies.
Each of the three listed benefits is a recognised advantage of operating internationally, so choosing any one of them alone would leave out the other two valid gains.
All the above option is correct.
A producer when supplies particular goods and commodities to specified distributors and guarantees not to supply other distributors in a given region is termed as ................. .
Under the provisions of section ................ of the Banking Regulation Act, the SLR is applicable to scheduled banks.
Which of the following is appliable for inter-state sale ?
Under the constitution, Finance Commission :
(X) It is to be constituted every fifth year.
(Y) It can be constituted when President considers necessary.
Which theory postulates that countries will export those goods that make intensive use of factors that are locally abundant, while import goods that make use of factors that are locally scarce ?
Match the columns :
| Group A | Group B |
|---|---|
| (a) Mercantilism | (1) Heckscher-Ohlin |
| (b) Theory of Absolute Cost Advantage | (2) David Ricardo |
| (c) Comparative Cost Advantage Theory | (3) Adam Smith |
| (d) Factor Endowments Theory | (4) Maintaining Favourable BOP |
Codes :
(a) (b) (c) (d)
Which of the following is not a type of BOP disequilibrium ?
Which of the following countries was not a member of SAARC when it was established in 1985 ?
Which one of the following is not a function of International Monetary Fund (IMF) ?
Management audit is an extension of .................... .
.................... is a client server application that identifies each host on the internet with a unique user-friendly name.
Every OS has a ................ or .......... which primarily resides in the main memory of the computer to perform some of the basic functions of the OS.
(i) Kernel
(ii) Interface
(iii) Nucleus
(iv) Compiler
Codes:
Which of the following are referred to as low level language?
(i) Machine language
(ii) Assembly language
(iii) High level language
(iv) Natural language
Codes:
Match the following:
| List I | List II |
| (a) New York Public Library | (i) Shelv AR |
| (b) Miami University Augmented Research Group | (ii) Smart library |
| (c) Oula University Library | (iii) Wolf Walk |
| (d) North Carolina State University | (iv) Find the future |
Codes:
Which part of the QR code represents the encoded data?