It is fair to assume that Toyota and Ford are automobile manufacturers that desire to benefit from
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It is fair to assume that Toyota and Ford are automobile manufacturers that desire to benefit from economies of scale. Suppose that Toyota decides to establish distribution dealerships in foreign countries, while Ford decides to establish manufacturing subsidiaries in foreign countries. Which company is more likely to benefit from economies of scale? Which company has less to lose if the venture fails?
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Related Book For
Global Corporate Finance Text And Cases
ISBN: 9781405119900
6th Edition
Authors: Suk H. Kim, Seung H. Kim
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