When Foreign Competitors Enter Emerging Markets, Local Firms Can Use

question 76

Multiple Choice

When foreign competitors enter emerging markets, local firms can use ____________ strategies that take advantage of local market expertise to move into markets that have similar characteristics to their own:

• A) Contender
• B) Defender
• C) Dodger
• D) Extender

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Definitions:

Title VII

A part of the 1964 Civil Rights Act that forbids job discrimination on the grounds of race, color, religion, gender, or country of origin.

Family and Medical Leave Act

A U.S. federal law that provides employees with unpaid, job-protected leave for certain family and medical reasons.

Paid Leave

Employment benefit that allows an employee to take time off from work while still receiving their normal pay.

Eligible Employees

Workers who meet certain criteria set by their employer or government regulations, qualifying them for specific benefits or programs.