Question

In: Operations Management

Which international trade theory would best apply and why does BMW (Germany Company) have a production...

Which international trade theory would best apply and why does BMW (Germany Company) have a production plant near Greenville SC that employs nearly 9000.

Solutions

Expert Solution

In this specific condition,Comparative Advantage

International trait theory would be best available for BMW. As BMW is consistently developing their cars and having a comparative advantage at the location of manufacturing, which type of implementation is providing them adequate level of support to increase their availability and its positive influences.

BMW has been providing different training programs as well as increasing there adaptability of inhouse learning that is directly creating an advantage for BMW to implement better structure of operation. Each and every employee is a graduate which is recently hired in the organisation for doing specific jobs.

People have also adopted company as a positive term for employment, impact of such a specific structure and locating the manufacturing facility near Greenville would increase bMW adaptability and provide adequate level of support to its over an organisation structure.

BMW offered more than the expected jobs and consistent career development of the future employees is also one the most important implementations. As the company is easily finding resources that are very helpful in increasing its efficiency as well as the productivity, determination of the plant near Greenville SC is very beneficial for a specific organisation.


Related Solutions

Which of the following statements does NOT describe the geography​ theory? A. Access to international trade...
Which of the following statements does NOT describe the geography​ theory? A. Access to international trade is one of the key factors behind a​ country's long-run economic performance. B. Aspects of a​ country's physical environment determine its​ long-run economic performance. C. The more temperate regions of​ Europe, which could support agricultural​ innovations, would do better than tropical zones with unfriendly​ weather, an absence of easily domesticated large animal​ species, and the presence of serious diseases. D. Because more favorable geography...
Which trade theory can we explain developed economies like Uk, Germany by new trade theory or...
Which trade theory can we explain developed economies like Uk, Germany by new trade theory or neoclassical trade theory? how about developing economies like Bangladesh?
in 300 to 400 words, . Why is Germany so successful at international trade? What has...
in 300 to 400 words, . Why is Germany so successful at international trade? What has happened economically in China during the past twenty-five years?
What is international trade and why does it occur?
What is international trade and why does it occur?
Why “Theory of National Competitive Advantage” is treated as the best theory of international business? Explain.
Why “Theory of National Competitive Advantage” is treated as the best theory of international business? Explain.
What does it mean for international trade to be frictionless? Why is it beneficial for international...
What does it mean for international trade to be frictionless? Why is it beneficial for international trade to be frictionless? What are some ways countries can impede trade?
Describe the features of international trade data which cannot be reconciled with classic trade theory and...
Describe the features of international trade data which cannot be reconciled with classic trade theory and explain how they are reflected in newer models in international trade.
2. Why is trade taking place between countries? What is the explanation of international trade theory?
2. Why is trade taking place between countries? What is the explanation of international trade theory?
What does IPR and International Trade have to do?
What does IPR and International Trade have to do?
International Business Opportunities With a rationalization of why you would go to Germany to do business,...
International Business Opportunities With a rationalization of why you would go to Germany to do business, evaluate the competitive environment within the country.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT