International Business: Competing in the Global Marketplace
12th Edition
ISBN: 9781259929441
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
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Chapter 17, Problem 1CTD
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To explain: The possible locations that must be selected by the firm for its plants.
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An electronics firm is considering how best to supply the world market for microprocessors used in consumer and industrial electronic products. A manufacturing plant costs about $500 million to construct and requires a highly skilled workforce. The total value of the world market for this product over the next 10 years is estimated to be between $10 billion and $15 billion. The tariffs prevailing in this industry are currently low. Should the firm adopt a concentrated or decentralized manufacturing strategy? What kind of location(s) should the firm favor for its plant(s)?
A company that is developing a strategy that entails obtaining location advantages for several of its different inputs
A) would have each value chain activity replicated in each of its host country locations.
B) would be pursuing a low cost strategy with economies of scale.
C) would concentrate each value chain activity in the country in which can be performed most efficiently or effectively.
D) would concentrate most of its value chain activities in its home country, where it is most familiar with the location.
E) would implement a multi-domestic or multinational strategy.
Under the main criteria and procedures for determining a country's attractiveness and choosing the best investment locationb, Social and Cultural Factors are outlined. Write short notes on the following:
Cultural Compatibility:
Language:
Social Infrastructure:
Chapter 17 Solutions
International Business: Competing in the Global Marketplace
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