Question

I need help in these questions in 30 minutes, please answer them fast

Question 42 The price leader will sometimes flood the market with deeply-discounted goods. Why? It has the capacity to punish other firms that are defecting from order in an industry It will realize high profits in the short-term It wants to maintain high prices None of the above

Answer 1

42. None of the above

None of the options are true. The price leader will sometimes flood the market with deeply discounted goods to eliminate competition and raise entry barriers.

43. Transnational strategy

Caterpillar has successfully adopted the transnational strategy. Under this strategy, it designs its products using identical components and centralized manufacturing in few, huge production plants.

44. Geocentric

In geocentric approach, the best suitable candidate is selected irrespective of his location or strategy. In ethnocentric approach, the norms and practices of the parent country are used in staffing abroad, while the polycentric approach follows the norms and practices of the host country in staffing abroad.

45. Container ships

Container ships are the backbone of the global supply chain because huge volumes of goods can be transported around the world at a cheap cost.

46. Tacit knowledge

Tacit or implicit knowledge is knowledge, which is difficult to transfer to others by writing or verbalizing. Hence, it is harder to learn. Explicit knowledge can be codified and easy to learn.