The lands' end will be considered as the consumer in the given choices because a consumer is someone who purchases or buy materials for their benefits, this is seen above as they purchase merchandise and materials from around the world.
Answer:
a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.
Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.
b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.
No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.
For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.
Answer:
2) strategic positioning
Explanation:
Based on the scenario being described within the question it can be said that they have most likely been able to provide this through strategic positioning. This term refers to the way in which a company sets itself apart from the competition in a market and provides value to their customers. Allowing them to make specific decisions based on their position. Such as FindFor is able to provide all of their online services.
B. Be called in for an interview because that's the first thing they see and it gives the general details
