Which of the Following Is NOT a Viable Strategy Option

question 3

Multiple Choice

Which of the following is NOT a viable strategy option for a local company in competing against global challengers?

• A) using cross-market transfer strategies to hedge against the risks of exchange rate fluctuations and adverse political developments
• B) developing business models to exploit shortcomings in local distribution networks or infrastructures
• C) taking advantage of low-cost labor and other competitively important local workforce qualities
• D) transferring a company's expertise to cross-border markets and initiating actions to contend on a global scale
• E) using acquisitions and rapid growth strategies to defend against expansion-minded multinationals

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Definitions:

Industrialisation

The process of transformation from an agrarian society to one dominated by industry and machine manufacturing.

Collective Self

The collective self is a concept referring to an individual's perception of themselves as part of a group, where the group's characteristics and norms contribute to the individual's identity.

Public Self-awareness

A heightened sense of self-consciousness that arises when an individual is aware of being observed or evaluated by others.

Public Image

The perception of a person, organization, or brand that is publicly communicated or assumed by the wider community.