A Local Firm Possesses an Extensive Understanding of an Aspect

question 68

Multiple Choice

A local firm possesses an extensive understanding of an aspect of a market an MNE is not particularly strong in. Therefore, the local firm should probably pursue a(n) :

• A)​Extender strategy.
• B)​Defender strategy.
• C) Dodger strategy.
• D) ​Contender strategy.

---

Definitions:

3-X-3 Writing Process

A structured approach to writing that involves three main phases: prewriting, writing, and revising.

Phase 3

Typically denotes a specific stage or step in a process, project, or development cycle, the characteristics of which can vary depending on the context.

Feedback

Information provided regarding someone's performance or work, intended for improvement or acknowledgment of success.

Message Effectiveness

The degree to which a communicated message achieves its intended goal or response from the target audience.