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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2510 |
Essay's paper body
Corona therefore is set at the less favorable conditions, but manages to improve the situation. Due to the successful marketing strategy, perhaps better taste, and broad brand recognition, the Mexican company gets a chance to set higher prices for their product and trades with greater profits.
This way, Corona achieves slight competitive advantage over Budweiser on the US market, while the American company has the comparative advantage at the given location...
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The main idea of the term is presented in his words: “Capitalism, then, is by nature a form or method of economic change and not only never is, but never can be stationaryâ€.[3] Modern economists have managed to observe that these words are true. Many powerful corporations with great structure and seemingly bright future have fallen to the market...
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