International Business: The Challenges of Globalization (9th Edition) (What's New in Management)
9th Edition
ISBN: 9780134729220
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
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Chapter 15, Problem 13TU
Summary Introduction
Introduction:
Chrysler is a big brand of minivans. The company has great production techniques but some time it fails also hence, through this new techniques of production the company invented many of minivans. On the other hand Toyota Company is famous for automobile. They are using new techniques of production through which the produce more efficient products.
Characters in the case:
There are Two Characters in this case, one is Chrysler and Toyota.
Adequate information:
Toyota company and Chrysler company came together for their own benefit.
To Determine:
Why Chrysler is interested to share its minivan.
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Responsd to Luis Rodriguez
1800 tons of pomegranates a year is a lot of sweetness!
So, you can get 71 Afghanis for $1? How cool. Does that mean you can buy a lot of stuff in Afghanistan for only $1? How do you know that your purchasing power in Afghanistan is stronger than in the United States?
Yes, with an exchange rate of 71 Afghan Afghani for 1 US dollar, you can buy many things in Afghanistan for just $1. However, purchasing power isn't solely determined by the exchange rate. It also depends on the cost of goods and services in each country. For example, if a meal in Afghanistan costs 200 Afghanis, you would need about $2.82 to buy that meal in US dollars (since 200 Afghanis divided by 71 Afghanis per dollar equals approximately $2.82). So, while the exchange rate allows you to get more Afghanis for your dollars, you also need to consider how much things cost in Afghanistan.
Now that the world seems to like Afghani stuff and is buying more of it, does that mean your…
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International Business: The Challenges of Globalization (9th Edition) (What's New in Management)
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