Working in Multiple International Markets Can Provide Firms with __________

question 38

Multiple Choice

Working in multiple international markets can provide firms with __________ perhaps even in terms of __________.

• A) location advantages; larger markets
• B) research and development activities; larger markets
• C) new learning opportunities; research and development activities
• D) economies of scale and learning; larger markets

---

Definitions:

Export Management Company

A business that acts as an intermediary between domestic manufacturers and foreign buyers, managing the export process.

Product Labeling

The practice of attaching information to products, indicating details such as ingredients, manufacturer, and usage instructions.

Multidomestic Business

A strategy where a company customizes its products, marketing, and business practices to each country in which it operates, treating each market as distinct.

Movie Titles

The names given to films that identify them and often provide insight into their content or themes.