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Question 26 3 pis Gerstel Cosmetics, Inc. is a leading U.S, manufacturer of natural, herb-based cosmetic products, It started out purely as a domestic company
Question 26 3 pis Gerstel Cosmetics, Inc. is a leading U.S, manufacturer of natural, herb-based cosmetic products, It started out purely as a domestic company but in 1983 established operations in India primarily to gain necess us that country's abundant supply of hibiscus, a plant that provided important raw materials to the company's products. In 2009, Gerstel did business in 29 countries around the world. It has factories in Malaysia and Taiwan to use the low labor cost in those countries in making its labor-intensive products. In the late 1990s. it had to close it operations in a foreign country when, due to a change in the country's leadership, all foreign companies had to cease doing business there. During the Brazilian financial crisis, Gerstel adopted the practice of using revenues generated in Brazil to buy orange concentrate locally and sell that concentrate in the United States. Gerstel's corporate finance department aggressively uses hedging in all the countries where it operates. In a few select countries, Gerstel licenses its brand names and know-how to local licensees. Currently, Gerstel is organized whereby all strategic and operational decisions are made at its Princeton, New Jersey headquarters. An important economy of scale/scope for Gerstel in pursuing international opportunities is: O synergy.Princeton, New Jersey headquarters. An important economy of scale/scope for Gerstel in pursuing international opportunities is: O synergy. O none of the listed options. access to resources. O technology. O organizational learning. I Examity Proctoring is sharing your screen. Stop sharing Hide Previous
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