The Story of Foreign Trade and Exchange case Essay

The Story of Foreign Trade and Exchange case - Essay ExampleCompetitive advantage is acquired once a blood diversifies its products and ensures that they are of higher quality, fair prices and is locally and internationally available compared to their competitors. This strategy suggested by the story of foreign exchange and which has been adopted by Nestle has do this company attain a competitive advantage in the consumer healthy foods market where there are many giants. Its diversification into not only beverages and snacks scarce also baby food and the availability of the products worldwide has made it gain more and dominate the market.Its absolute advantage is derived from its corporate social responsibility which is vainglorious back to the community as much as possible for sustainability purposes. Nestle is one of the companies that formed World Cocoa Foundation whose aim is to integrate with hot chocolate farmers all over the world and assist them on increasing their produ ctivity, supplying their products and even dealing with the adverse environmental effects. It has also invested more than $500 meg to deal with health problems like diabetes and obesity among