A Firm Based in a Country with a National Competitive

question 94

True/False

A firm based in a country with a national competitive advantage is not guaranteed success as it implements its chosen international business-level strategy.Instead, the actual strategic choices managers make may be the most compelling reasons for success or failure.

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Definitions:

International

Relating to, involving, or encompassing several countries or spanning across national boundaries.

Specified Amount

A precise sum or quantity that has been determined and stated in a contract or agreement.

Negotiable

Negotiable refers to something that can be discussed and changed through negotiation, especially in the context of financial instruments that can be transferred or endorsed to a new owner.

Signature

A person's name written in a distinctive way as a form of identification in authorizing a document.