Which of the Following Are Generic Strategy Options for Competing

question 8

Multiple Choice

Which of the following are generic strategy options for competing in foreign markets?

• A) Maintaining a national (one-country) production base and exporting goods to foreign markets
• B) Global strategies keyed either to low-cost or differentiation
• C) Franchising and licensing strategies
• D) A multicountry strategy (where a company pursues a custom-tailored country-by-country approach in accordance with local competitive conditions and buyer tastes and preferences)
• E) All of these

---

Definitions:

Hopper

A container used for bulk storage, particularly for materials that can flow freely, or a device that feeds materials into another machine.

Moral Development

The process by which individuals learn and internalize the values, attitudes, and behaviors considered appropriate to their culture and society.

Conventional Stage

A phase in Lawrence Kohlberg's theory of moral development where individuals make judgments based on societal rules and norms.

Lawrence Kohlberg

A psychologist best known for his theory of stages of moral development, which proposes that individuals progress through distinct stages of moral reasoning as they age.