A Firm Would Be Most Likely to Use Backward Invention

question 64

Multiple Choice

A firm would be most likely to use backward invention in which of the following situations?

• A) when it needs to offer a less complex product in a foreign market than it sells elsewhere
• B) when it has decided to rely on a straight extension strategy
• C) when it first markets a product internationally
• D) when it participates in a free trade zone
• E) when it relies on the practice of dumping

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Definitions:

Low-Context Culture

A culture in which communication is explicit, direct, and relies less on contextual cues or shared understandings.

Spoken And Written Words

The primary elements of verbal communication, involving the use of voice or writing to convey messages.

Polychronic Culture

A cultural orientation that values multitasking and simultaneous engagements in multiple activities.

North American Women

pertains to females living in North America, encompassing their social, cultural, and economic contributions and challenges.