Lenovo needed a low-cost overseas location for manufacturing facilities, and India was ideal, with comparatively low labor costs, an educated, English-speaking workforce, a stable government, and good national infrastructure. Indian government also offers a favorable tariff agreement towards foreign companies. What expansion mode will you suggest Lenovo to pursue for Indian market to establish themselves quickly?
Lenovo needed a low-cost overseas location for manufacturing facilities, and India was ideal, with comparatively low labor costs, an educated, English-speaking workforce, a stable government, and good national infrastructure. Indian government also offers a favorable tariff agreement towards foreign companies. What expansion mode will you suggest Lenovo to pursue for Indian market to establish themselves quickly?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Lenovo needed a low-cost overseas location for manufacturing facilities, and India was ideal, with comparatively low labor costs, an educated, English-speaking workforce, a stable government, and good national infrastructure. Indian government also offers a favorable tariff agreement towards foreign companies. What expansion mode will you suggest Lenovo to pursue for Indian market to establish themselves quickly?
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