Bocce Shoes, an Italian firm, set up a production facility in Vietnam to manufacture the firm's line of athletic shoes. Bocce is most likely using a(n) ________ strategy

A) dependability
B) flexibility
C) innovation
D) efficiency/cost

D

Business

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Patty owned a sole proprietorship. She had four salespersons selling the company's products

One of her salespersons made false statements about a competitor's products while trying to sell Patty's products. The competitor sues Patty's business and wins the lawsuit. Under what circumstances could Patty be personally responsible to pay the judgment? A) None, because this was a debt of the business B) Patty is liable here regardless of any other circumstances C) If Patty was separately named in the lawsuit D) If Patty knew about the salesperson's activities E) If the salesperson's activities were part of a continuing pattern rather than an isolated incident

Business

Family conglomerates (FCs) might pose a challenge to firms trying to enter emerging markets because ________

A) FCs have no more knowledge in manufacturing and distribution than other private players B) FCs are not required to pay taxes C) the owners of FCs are often overly sympathetic to the bureaucratic state machinery D) FCs enjoy substantial competitive advantages that overwhelm late entrants

Business