Consider Three of the Suggested Strategic Moves for Copycat Businesses

question 21

Essay

Consider three of the suggested strategic moves for copycat businesses.Which of these strategies might be most successful when expanding into the international market as opposed to the domestic market?

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Definitions:

Esterification

A chemical reaction that forms an ester through the reaction of a carboxylic acid and an alcohol.

Hydrolysis

A chemical reaction where water breaks down another compound, often resulting in the formation of two or more new compounds.

Spermaceti

A waxy substance found in the head cavity of the sperm whale, historically used in candles and ointments.

Potassium Hydroxide

A strong inorganic base with the formula KOH, used in various applications including as a cleaning agent, in the manufacture of biodiesel, and in the synthesis of other chemicals.