The Generic Strategic Options for Competing in Foreign Markets Include

question 71

Multiple Choice

The generic strategic options for competing in foreign markets include

• A) global low-cost, global differentiation, global best-cost, and global focus strategies.
• B) maintaining a national (one-country) production base and exporting goods to foreign markets.
• C) licensing foreign firms to produce and distribute one's products or to use the company's technology.
• D) a custom-tailored country-by-country approach based on meeting the particular needs of particular buyers in each target country.
• E) All of these.

---

Definitions:

US

Refers to the United States, a country in North America consisting of 50 states and a federal district.

Reward

A beneficial factor, such as food, money, or social recognition, that reinforces a particular behavior, making it more likely to occur in the future.

Operants

Behaviors that are controlled through reinforcement or punishment in the context of operant conditioning.

Voluntary Responses

Actions that are under conscious control, such as deciding to move a limb.