Respuesta :
Hyundai would expand to new countries and often more variety to its customers in established markets.
What is manufacturing?
- Manufacturing is the process of creating or producing items using equipment, labor, machines, tools, and chemical or biological processing or formulation.
- It is the essence of the economy's secondary sector.
- The phrase can relate to a wide range of human activities, from handcraft to high-tech, but it is most usually applied to industrial design, which involves the transformation of raw materials from the primary sector into finished commodities on a big scale.
What is intra-industry trade?
- The interchange of similar items from the same industry is referred to as intra-industry commerce.
- The word is most commonly used in international trade, where the same commodities or services are imported and exported.
Therefore, Hyundai would expand to new countries and often more variety to its customers in established markets.
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Complete question:
The large global firm, Hyundai, sells its cars along with other car manufacturers around the globe through intra-industry trading. Hyundai takes advantage of economies of scale by having car plants in various parts of the world. How would Hyundai become more globally competitive through more intra-industry trade and better economies of scale?
- It would make more ad campaigns in a variety of languages in its currently established countries.
- It would offer a streamlined choice of colors for its cars where customers could select between four colors.
- It would expand into new countries and often more variety to its customers in established markets.
