When Seeking to Develop Competitive Strength in a Foreign Market

question 31

Multiple Choice

When seeking to develop competitive strength in a foreign market, firms generally DO not evaluate the

• A)differences among buyer tastes for a particular product or service from country to country.
• B)competitive pressures to lower costs.
• C)competitive risks associated with a fluctuating exchange rate.
• D)degree of country political risk.
• E)level of industry-related support activities to foster customization of products and services.

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Definitions:

Action Potential

The brief wave of positive electrical charge that sweeps down the axon.

Frequency

The rate at which something occurs over a particular period of time or in a given sample.

Sensation

The process by which sensory receptors and the nervous system receive and represent stimulus energies from the environment.

Chemoreception

The physiological response of a cell or an organism to chemical stimuli in the environment.