A Problem with the International Strategy Is That Over Time

question 11

True/False

A problem with the international strategy is that over time, competitors inevitably emerge, and if managers do not take pro-active steps to reduce their cost structure, their company may be rapidly out-flanked by efficient global competitors.

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Definitions:

Reaction Rate

The rate at which substances change into different substances in a chemical process.

Resonance Structures

Different Lewis structures that represent the same molecule, showing the delocalization of electrons.

Intermediate

An intermediate in chemistry is a transient species within a chemical reaction that is formed from the reactants and proceeds to form the final product.

Hybrid

Pertaining to the combination of two or more different breeds, types, or varieties, especially in reference to plants or animals.