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Cost Structure:
The bond of a firm fixed costs to its variable costs. Firms with high fixed costs and low variable costs have a cost construction where a high volume of production is more desirable, whereas firms with low fixed costs and high variable costs benefit from lower stages of production.
Countertrade
The interchange of products, services, and currency for other products, services, and currency. An export financing tool, countertrade enables organizations to sell to clients in countries that could not otherwise buy products and services because of the absence of hard currency.
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1-Whom do you think Rajender will eat with? Why? 2-If you were one of the other foremen, what could you do to make Rajinder’s transition easier?
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