Location-Specific Advantages for a Firm Are Those That Arise from

question 77

Multiple Choice

Location-specific advantages for a firm are those that arise from

• A) acquiring the home markets of foreign firms that threaten a firm's domestic market.
• B) gaining a commanding position in one market and using them to subsidize competitive attacks in other markets.
• C) preferring exporting over licensing in order to retain control over know-how, manufacturing, marketing, and strategy.
• D) utilizing resource assets that are tied to a particular foreign location and valuable enough to be combined with the firm's own unique assets.
• E) franchising and licensing.

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Definitions:

Communication Technologies

Tools and platforms used to facilitate and enhance the sharing of information among individuals or organizations, including email, social media, and video conferencing.

Work-family Conflict

A form of tension that arises when the demands of work and family roles are incompatible in some respect, causing participation in both roles to be more difficult.

Decreased Performance

A reduction in the level of effectiveness, productivity, or quality of work produced by an individual or group.

Increased Turnover

The rise in the rate at which employees leave an organization and are replaced by new employees, often indicating issues with job satisfaction or engagement.