The Story of Foreign Trade and Exchange case Essay

The fib of Foreign Trade and Exchange case - Essay ExampleCompetitive advantage is acquired once a business 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 novel of foreign exchange and which has been adopted by Nestle has made this company attain a agonistical advantage in the consumer healthy foods market where there are many giants. Its diversification into not solitary(prenominal) beverages and snacks but also baby food and the availability of the products worldwide has made it gain more and shadow the market.Its absolute advantage is derived from its corporate social responsibility which is giving back to the community as often as possible for sustainability purposes. Nestle is one of the companies that formed World Cocoa Foundation whose aim is to compound with cocoa farmers all over the world and assist them on increasing their pro ductivity, supplying their products and even traffic with the adverse environmental effects. It has also invested more than $500 million to deal with health problems like diabetes and corpulency among