Which of the Following Is Not a Viable Strategy Option

question 97

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 shortcoming in local distribution networks or infrastructure
• C) Taking advantage of low-cost labor and other competitively important local work-force 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:

Profit-Sharing Programs

Profit-sharing programs are incentive schemes wherein employees receive a share of the company's profits, usually based on the company's earnings over a specified period.

Flexible-Benefit Plans

Employee benefit programs that allow individuals to choose from a variety of pre-tax benefits according to their personal needs and situations.

Skill-Based Pay

A compensation system that bases employee pay on the skills, knowledge, and abilities they possess, rather than job title or position alone.

Skill-Based Pay

Skill-based pay is a compensation system where employees are paid based on the range, depth, and types of skills and knowledge they possess, rather than their job title or position.