The usefulness and harmfulness of import restriction or tariffs on foreign-produced goods. Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 2, Problem 1DRQ

Summary Introduction

To determine: The usefulness and harmfulness of import restriction or tariffs on foreign-produced goods.

Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

Expert Solution & Answer

Explanation of Solution

Usefulness and harmfulness of import restriction or tariffs on foreign-produced goods:

The usefulness of import restriction is that it would give time for the automobile manufacturers to plant their robotic and automation systems that would enable them to impose better competition in the domestic markets. Better competition helps in raising profits and delivering better quality products to the customers.

The drawback is that the opportunity cannot be grabbed by most of the automobile manufacturing companies. On the other hand they would consider it as an obstacle.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

Government's new plan to shift cargo from roads back to rail 26TH JANUARY 2024 Government is seeking to finalise a plan aimed at improving its rail network and move cargo away from a billion rand per day to its logistics crises, government has said an urgentturnaround is needed to improve its 31 000km locomotive network as more and more cargo moves from rail to trucks. The Department of Transport (DoT) hosted a discussion with industry stakeholders regarding the Freight Road to Rail Migration Plan on Thursday - the latest development in the wake of President Cyril Ramphosa forming the National Logistics Crisis Committee last year. Transnet, the South African National Roads Agency (Sanral) and private sector companies were all in attendance. The Freight Road to Rail Migration Plan is part of government's strategies to improve the country's ongoing logistics crises. In October last year, the government unveiled its Freight Logistics Roadmap to improve the ports and rail networks and…

Assess what led to such logistical inefficiencies / collapse of a previously world class freight network

Which of the following statements concerning the evaluation of training programs is true? Most companies thoroughly evaluate the return on investment of their training programs It is relatively easy to establish a control group and a treatment group for evaluation Results level of evaluation measures how well participants liked the program Behavior level criteria measure whether skills learned in training result in behavior changes back on the job

Answer 2

Question

Chapter 2, Problem 1DRQ

Summary Introduction

To determine: The usefulness and harmfulness of import restriction or tariffs on foreign-produced goods.

Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

Expert Solution & Answer

Explanation of Solution

Usefulness and harmfulness of import restriction or tariffs on foreign-produced goods:

The usefulness of import restriction is that it would give time for the automobile manufacturers to plant their robotic and automation systems that would enable them to impose better competition in the domestic markets. Better competition helps in raising profits and delivering better quality products to the customers.

The drawback is that the opportunity cannot be grabbed by most of the automobile manufacturing companies. On the other hand they would consider it as an obstacle.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 2, Problem 1DRQ

Summary Introduction

To determine: The usefulness and harmfulness of import restriction or tariffs on foreign-produced goods.

Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

Expert Solution & Answer

Explanation of Solution

Usefulness and harmfulness of import restriction or tariffs on foreign-produced goods:

The usefulness of import restriction is that it would give time for the automobile manufacturers to plant their robotic and automation systems that would enable them to impose better competition in the domestic markets. Better competition helps in raising profits and delivering better quality products to the customers.

The drawback is that the opportunity cannot be grabbed by most of the automobile manufacturing companies. On the other hand they would consider it as an obstacle.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 2, Problem 1DRQ

Summary Introduction

To determine: The usefulness and harmfulness of import restriction or tariffs on foreign-produced goods.

Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

Expert Solution & Answer

Explanation of Solution

Usefulness and harmfulness of import restriction or tariffs on foreign-produced goods:

The usefulness of import restriction is that it would give time for the automobile manufacturers to plant their robotic and automation systems that would enable them to impose better competition in the domestic markets. Better competition helps in raising profits and delivering better quality products to the customers.

The drawback is that the opportunity cannot be grabbed by most of the automobile manufacturing companies. On the other hand they would consider it as an obstacle.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 2, Problem 1DRQ

Summary Introduction

To determine: The usefulness and harmfulness of import restriction or tariffs on foreign-produced goods.

Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

Expert Solution & Answer

Explanation of Solution

Usefulness and harmfulness of import restriction or tariffs on foreign-produced goods:

The usefulness of import restriction is that it would give time for the automobile manufacturers to plant their robotic and automation systems that would enable them to impose better competition in the domestic markets. Better competition helps in raising profits and delivering better quality products to the customers.

The drawback is that the opportunity cannot be grabbed by most of the automobile manufacturing companies. On the other hand they would consider it as an obstacle.

Answer 6

Chapter 2, Problem 1DRQ

Summary Introduction

To determine: The usefulness and harmfulness of import restriction or tariffs on foreign-produced goods.

Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

Expert Solution & Answer

Explanation of Solution

Usefulness and harmfulness of import restriction or tariffs on foreign-produced goods:

The usefulness of import restriction is that it would give time for the automobile manufacturers to plant their robotic and automation systems that would enable them to impose better competition in the domestic markets. Better competition helps in raising profits and delivering better quality products to the customers.

The drawback is that the opportunity cannot be grabbed by most of the automobile manufacturing companies. On the other hand they would consider it as an obstacle.

Answer 7

Chapter 2, Problem 1DRQ

Summary Introduction

To determine: The usefulness and harmfulness of import restriction or tariffs on foreign-produced goods.

Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

Answer 8

Expert Solution & Answer

Explanation of Solution

Usefulness and harmfulness of import restriction or tariffs on foreign-produced goods:

The usefulness of import restriction is that it would give time for the automobile manufacturers to plant their robotic and automation systems that would enable them to impose better competition in the domestic markets. Better competition helps in raising profits and delivering better quality products to the customers.

The drawback is that the opportunity cannot be grabbed by most of the automobile manufacturing companies. On the other hand they would consider it as an obstacle.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 2.7 - Prob. 1.1RQ Ch. 2.7 - Prob. 1.2RQ Ch. 2.7 - Prob. 1.3RQ Ch. 2.7 - Prob. 2.1RQ Ch. 2.7 - Prob. 2.2RQ Ch. 2 - Prob. 1DRQ Ch. 2 - List the key ways that organizations compete.Ch. 2 - Prob. 3DRQ Ch. 2 - Prob. 4DRQ Ch. 2 - Prob. 5DRQ

Concept explainers

Explanation of Solution

Want to see more full solutions like this?

Chapter 2 Solutions