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.

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Definitions:

Y-axis

The vertical line on a graph, typically representing the dependent variable in a two-dimensional coordinate system.

X-axis

A horizontal line that typically represents independent variables or data points in a two-dimensional graph.

Positive Relationship

A correlation where an increase in one variable is associated with an increase in another variable.

Y-axis

The vertical axis in a coordinate plane, often used to represent values of a dependent variable in a graph.