Select one True False Feedback The correct answer is False Question 8 Correct 1

Select one true false feedback the correct answer is

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Select one: True False Feedback The correct answer is 'False'. Question 8 Correct 1 points out of 1 Flag question Question text The theory of national competitive advantage claims that a country's competitiveness in a particular industry really depends on ______________. Select one: a. the capacity of companies to create barriers to entry b. the capacity of the particular industry to upgrade and innovate c. the availability of cheap factors of production in the nation d. the amount of money the government has to subidize costs in the particular industry
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Feedback page 299 The correct answer is: the capacity of the particular industry to upgrade and innovate Question 9 Correct 1 points out of 1 Flag question Question text Scenario: RIP Rodents Inc. RIP Rodents Inc. is a manufacturing company that sells pest control products. Recently the company launched an innovative rat trap with an innovative design that has been doing well in the U.S. sales. Junior Vice President Don Wallace, recommended expanding overseas marketing in order to boost company earnings. Going over the fulfillment process, Don realizes that different customers select different types of shipping based on their particular preferences. Which of the following would most likely help Don provide better shipping service to his clients? Select one: a. offer customers a choice of delivery methods with different speeds and costs b. reduce costs by implementing a cheaper but slower delivery method c. implement a universal delivery method to capitalize on efficiency gains d. introduce overnight delivery but at a very high cost Feedback The correct answer is: offer customers a choice of delivery methods with different speeds and costs Question 10 Correct 1 points out of 1 Flag question Question text New trade theory stands in direction opposition to the __________ theory. Select one: a. international product life cycle b. national competitive advantage c. comparative advantage d. factor proportions Feedback page 298 The correct answer is: factor proportions Question 11 Correct 1 points out of 1 Flag question Question text For the world's most developed and economically wealthy nations, international trade in services tends to be more important than is the case for developing nations. Select one: True
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False Feedback The correct answer is 'True'. Question 12 Correct 1 points out of 1 Flag question Question text Successful firms that are a part of a country's globally competitive industries need to operate on their own, apart from supporting industries. Select one: True False Feedback The correct answer is 'False'. Question 13 Correct 1 points out of 1 Flag question Question text The particular element of the theory of national competitive advantage which separates the nation's resources into either basic or advanced categories is ________________.
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