How are large MNEs from advanced economies competing against new emerging market MNEs? In a short essay, describe the methods used by the incumbents to protect market share from emergent firms
What will be an ideal response?
Advanced-economy firms can counter in various ways. Initially, managers must conduct research to develop an understanding of the new challengers. It is vital to analyze the advantages and strategies of the emergent firms, which often enjoy superior advantages in the industry in the target market. The next step is to acquire new capabilities that improve the firm's competitive advantages. For example, many incumbents are boosting their R&D to invent new, superior products. Others are partnering with competitors to pool resources against emerging market rivals. Incumbent firms can also match global challengers at their own game by leveraging low-cost labor and skilled workers in locations such as China, Mexico, and Eastern Europe. Many advanced economy firms partner with family conglomerates and others in emerging markets on critical value-chain activities such as R&D, manufacturing, and technical support.
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Fixed costs per unit is inversely proportional to the volume of units produced
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Which of the following is true regarding the Pregnancy Discrimination Act?
A. An employer must hire a pregnant applicant even if she is not well qualified for the job. B. Company health insurance plans can exclude pregnancy. C. An employer can refuse to hire someone who is pregnant if doing so would be an undue hardship to the company. D. Employers are required to treat pregnancy the same as they would any other medical condition or temporary disability.