METL Group, Tanzanian home grown with presence in eleven countries in Africa appoints highly qualified and technically trained managers. The group decided to expand its operations after realising that Tanzanian market has matured. It is group's policy to invest in its people and infrastructure. It also takes advantage of availability of cheap materials other factors of production although there is strong domestic competition from other giants such as Azam group, METL has focused on producing the products which it do better than that of its rivals. The market segment chosen by METL does not necessitate sophistication of products given the nature of customers it services.Required Using MELT as a case study discuss factors for the growth of global business and MNCs

Global business or the international business transactions carried out by the multinational…

Answered: METL Group, Tanzanian home grown with…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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METL Group, Tanzanian home grown with presence in eleven countries in Africa appoints highly qualified and technically trained managers. The group decided to expand its operations after realising that Tanzanian market has matured. It is group's policy to invest in its people and infrastructure. It also takes advantage of availability of cheap materials other factors of production although there is strong domestic competition from other giants such as Azam group, METL has focused on producing the products which it do better than that of its rivals. The market segment chosen by METL does not necessitate sophistication of products given the nature of customers it services.

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Using MELT as a case study discuss factors for the growth of global business and MNCs

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