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RUNNING HEAD: Electra Bicycles Part II1ELECTRA BICYCLES PART IIFundamentals of Quantitative Business MethodsINTRODUCTION
RUNNING HEAD: Electra Bicycles Part II2Doing business in global markets can be tricky, but the benefits that come from overseas justify much of the risk. We are going to see about how a business adapts to the different countries. And benefits and problems faced by the business at global level when trying to cope with different cultures and conditions in different geographical regions. we will consider the Electra company in Taiwan and discuss the given questions in the activity and come to a conclusion.1.What major advantages did Electra gain by using a contract manufacturer in Taiwan to produce its bikes?
RUNNING HEAD: Electra Bicycles Part II3When the Electra moved its manufacturing facilities from manufacturing in houseto contract manufacturing in Taiwan, the company got a lot of advantages like Cheap Labour.