A Company Should Probably Use a Concentration Strategy for International

question 47

Multiple Choice

A company should probably use a concentration strategy for international expansion when there are ________.

• A)high needs for product adaptation and low growth in each market
• B)short competitive lead times and low spillover effects
• C)high growth rate and long competitive lead times
• D)low sales stability and short competitive lead times

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Definitions:

Geological Area

Refers to a specific region of Earth's surface with a distinct set of geological features, including the types of rocks, the structure of the Earth, and the processes that have shaped the region over time.

Archipelago

A group or chain of islands clustered together in a sea or ocean.

Hot Spot

In geology, a hot spot is a location on the Earth's surface that has experienced volcanic activity due to a plume of hot material rising from deep within the Earth's mantle.

Geological Processes

Natural dynamic actions or events that result in the physical modification of the earth's surface, including erosion, sedimentation, and volcanic activity.