When a Company Operates in the Markets of Two or More

question 77

Multiple Choice

When a company operates in the markets of two or more different countries,its foremost strategic issue is:

• A) whether to use strategic alliances to help defeat its rivals.
• B) whether to vary the company's competitive approach to fit specific market conditions and buyer preferences in each host country or whether to employ essentially the same strategy in all countries.
• C) whether to maintain a national (one-country)manufacturing base and export goods to the other countries.
• D) choosing which foreign companies to team up with via strategic alliances or joint ventures.
• E) whether to test the waters with an export strategy before committing to some other competitive approach.

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Definitions:

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Pertaining to a legal action directed against a specific person demanding them to take a specific action or refrain from doing so.

In Rem

A legal term referring to a court's jurisdiction over an object or property rather than over a person.

Forum Non Conveniens

A legal principle allowing courts to dismiss a case if another court or forum is more suited to hear the case, usually because it is more convenient for the parties or the evidence.

Federal Criminal Prosecutions

The legal proceedings initiated by the federal government against individuals or entities accused of violating federal criminal laws.