Salient beliefs are a component of the Fishbein model

Indicate whether the statement is true or false

TRUE

Business

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A global car manufacturer wants to start production in China. While catering to local responsiveness, what can the firm do to get scale economies?

A. Increase costs whenever possible. B. Use common vehicle platforms and components across many different models. C. Shorten the production runs for each component. D. Increase the duplication of functions required for each operation. E. Manufacture only one type of car and sell it in all the international markets.

Business

What are the different competitive strategies according to Porter's model?

What will be an ideal response?

Business