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Complexion Care Inc., a U.S.-based skin care firm, was the first in the industry to identify the growth potential f Thailand and made huge investments in its economy. As a result, the firm was able to build brand loyalty and gain experience in that country's business practices. In this situation, Complexion Care Inc. has benefited from Multiple Choice OO O a first-mover advantage deregulation. forward integration. unrelated differentiation. privatization.

Complexion Care Inc., a U.S.-based skin care firm, was the first in the industry to identify the growth potential f Thailand and made huge investments in its economy. As a result, the firm was able to build brand loyalty and gain experience in that country's business practices. In this situation, Complexion Care Inc. has benefited from Multiple Choice OO O a first-mover advantage deregulation. forward integration. unrelated differentiation. privatization.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Complexion Care Inc., a U.S.-based skin care firm, was the first in the industry to identify the growth potential f Thailand and made huge investments in its economy. As a result, the firm was able to build brand loyalty and gain experience in that country's business practices. In this situation, Complexion Care Inc. has benefited from Multiple Choice a first-mover advantage deregulation. forward integration. unrelated differentiation. privatization.
Transcribed Image Text:Complexion Care Inc., a U.S.-based skin care firm, was the first in the industry to identify the growth potential f Thailand and made huge investments in its economy. As a result, the firm was able to build brand loyalty and gain experience in that country's business practices. In this situation, Complexion Care Inc. has benefited from Multiple Choice a first-mover advantage deregulation. forward integration. unrelated differentiation. privatization.
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