What Is the Foremost Strategic Issue That Must Be Addressed

question 5

Multiple Choice

What is the foremost strategic issue that must be addressed by firms when operating in two or more foreign markets?

• A) Deciding on the degree to vary its competitive approach to fit the specific market conditions and buyer preferences in each host country.
• B) Deciding on the appropriate level of sustainable profitability.
• C) Deciding on local responsiveness to product sales in each country.
• D) Deciding on the degree of globalization to maintain expansion capabilities.
• E) All of these.

---

Definitions:

Third-Party

An entity or individual not directly involved in a transaction or agreement but who may be affected by it or have an interest in it.

Honoring Checks

The act of accepting a check as payment and processing it as directed by the terms written on the check.

Drawer-Depositor

An individual or entity that has the authority to write and deposit checks within a banking relationship.

Overdraft

refers to a situation where an account balance goes below zero because more money has been withdrawn from the account than was available.