Firms with Core Competencies That Can Be Exploited Across International

question 3

Multiple Choice

Firms with core competencies that can be exploited across international markets are able to:

• A) achieve synergies and produce high-quality goods at lower costs.
• B) enter new markets more quickly.
• C) enhance their market image and brand loyalty among local consumers.
• D) meet local government requirements more quickly than their international competitors.

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Definitions:

Transfer Warranties

Legal assurances provided by a seller about the quality and ownership of goods being sold, particularly that the goods are free from any security interest or other lien not disclosed at the time of sale.

Agent

An individual or entity authorized to act on behalf of another, called the principal, in transactions or other matters.

Reacquisition

Reacquisition refers to the act of regaining possession or control of something that was previously sold, lost, or given away.

Unauthorized Signature

A signature made without the expressed permission of the person whose name is signed, often considered illegal or invalid.