Question

Which of the following exemplifies location-based advantage for the companies competing on an international basis? De...

Which of the following exemplifies location-based advantage for the companies competing on an international basis?

De Beers sets up operations in the mining region of South Africa.

RBC Wealth Management closes operations in South Florida.

Hyundai signs a memorandum of understanding with the government of South Korea to halt exports.

Microsemi Corporation acquires California-based Actel Corporation.

Samsung diversifies and ventures into textiles and food processing.

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Answer #1

Answer: Option A

Explanation: When De Beers sets up operations in the mining region of South Africa, it is an example of location-based advantage while competing on an international basis. De Beers is an international firm which specializes in the diamond sector including exploration, mining industrial product and trading.

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