One Important Concern a Company Has in Trying to Compete

question 80

Multiple Choice

One important concern a company has in trying to compete successfully in foreign markets is

• A) convincing shippers to keep cross-country transportation costs low enough that the company can export its goods to foreign countries cheaply.
• B) whether it will have to integrate forward into wholesale and/or retail activities in order to gain visibility for its products in foreign countries.
• C) how it can gain competitive advantage based on where it locates its various value chain activities.
• D) how to convince local government officials to reduce tariffs on the imports of its goods into their country.
• E) developing the expertise to avoid the impact of fluctuating exchange rates.

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Definitions:

Authoritarian Personality Theory

Asserts that extreme prejudice is a personality trait of people who strongly believe in following cultural norms, traditions, and values.

Culture Theory

The assertion that some prejudice is healthy and part of all cultures.

Patriarchal

Relates to a social system or society where men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Scapegoat Theory

A social psychological term that explains aggression or hostility towards others by blaming them for one's own problems, often leading to unfair punishment or discrimination.