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Question
https//blackboard wichita edu/webapps/assessment/take/launchjsp?course d78388 18ccourse.id- 69171,18content ds 1664 Which of the three location characterisics categories would "access to specialized suppliers" fall into? Cultural resources Natural endowments QUESTION Which of the g is NOT one of the things that a company should consider in their global strategy when making decisions a arience of other firms from your country that have located there Govermment incentives offered in that location The characteristics of that location The "fr between the company and the location The competitive effect of that location QUESTION 7 The frst step in choosing the right location is finding a knowledgeable and trustaorthy parter True Faise QUESTION While foreign companies such as Airbus receive subsidles from European govenments to help them be more compestive, US companies have to do everything on their own and are not allowed to receive any assistance from US or non-US govemments True False ick Save and Submit to save and submit. Cick Save All Ansers to soe all aners O Type here to search 2Explanation / Answer
5: Institutional environment
(This provides favourable access to inputs or suppliers which benefits the organization. Cultural resources represent benefits due to the past culture of a place. Natural endowments refer to natural resources available in an area and clusters of same industry organization provide benefits due to being in a place where a particular industry is prominent.)
6:The fit between the company and the location
(Experience of other companies is useful to know the pros and cons of location. Government incentives should be considered to obtain the benefits in a particular location. Characteristics of the location are useful to modify ones ways. The effects of competition in a location are necessary for formulating an effective strategy. The fit between the company and the location would not be significant for forming a global strategy since that is the impact of the strategy rather than the strategy itself.
7: False
the first step in choosing the right location is to see if the location suits ones needs. So if the purpose is to cut down material cost, the location should be closer to raw material.
8: False
The US Government provides many subsidies to strategic industries such as power and gas. The Government supports industries by providing them subsidies.
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