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A Local Firm Finds It Cannot Compete Head-To-Head Against a MNE

question 19

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A local firm finds it cannot compete head-to-head against a MNE in its market, so it decides the best strategy to use in this situation is the:


Definitions:

Tokonoma

A shallow alcove in a Japanese room, which is used for decoration, such as a painting or stylized flower arrangement.

Alcove

A recessed section of a room or garden, often used for seating or display of items.

Nezumi

Japanese, “mouse-gray” (ceramics).

Engawa

A traditional Japanese architectural feature that serves as an intermediary space or veranda between the indoors and the outdoors.

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