Choose the Statement That Is Not a Reason a Global

question 64

Multiple Choice

Choose the statement that is not a reason a global strategy contrasts sharply with a multidomestic strategy.

• A)In global competition, rivals vie for worldwide market leadership.
• B)In globally competitive industries, the power and strength of a company's strategy and resource capabilities in one country significantly enhance its competitiveness in other country markets.
• C)In global competition, a firm's overall competitive advantage (or disadvantage)grows out of its entire worldwide operations.
• D)In global competition, there's more cross-country variation in industry conditions and competitive forces than there is in industries where multidomestic competition prevails.
• E)In global competition, many of the same rival companies compete against each other in many different countries, but especially so in countries where sales volumes are large and where having a competitive presence is strategically important to building a strong global position in the industry.

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Definitions:

Social Media Platforms

Online networks and websites that allow users to create, share, or exchange information, ideas, and content among communities.

Construction Industry

The sector of the economy focused on building or assembling infrastructure, buildings, and other physical structures.

Civil Engineering

An engineering discipline that focuses on the design, construction, and maintenance of the physical and naturally built environment.

Endless Chain

A method of generating sales leads where each prospect provides the name of another potential customer, creating a continuous chain of contacts.