Which of the Following Statements Regarding Global Competition Is False

question 105

Multiple Choice

Which of the following statements regarding global competition is false?

• 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:

Symbolic Interactionism

This is a sociological perspective focusing on the ways in which people interpret, define, and assign meaning to objects, events, and behaviors within context, influencing social interactions and society.

Exchange Theory

A social psychological and sociological perspective that explains social change and stability as a process of negotiated exchanges between parties.

Mesosystem

In ecological systems theory, the mesosystem refers to the interconnections between the microsystems in a person's life, such as family and school.

Microsystem

A layer of the ecological systems theory focusing on the immediate environment an individual interacts with, such as family and school.