When Using A(n) ________, a Firm Utilizes the Core Competency

question 19

Multiple Choice

When using a(n) ________, a firm utilizes the core competency or firm-specific advantage it developed in the domestic market as its main competitive weapon in the foreign markets it enters.

• A) multidomestic strategy
• B) home replication strategy
• C) transnational strategy
• D) international strategy

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Definitions:

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aiming to ensure free movement of people, goods, services, and capital.

Search Results

The listing of web pages returned by a search engine in response to a user's query, often ranked by relevance, popularity, or other criteria.

Antitrust Violation

Refers to activities that reduce competition in the marketplace, including monopolies and illegal mergers, in violation of antitrust laws.

Comparison-Shopping Service

A service, often web-based, that allows consumers to compare prices, features, and reviews of products or services from different vendors.