In Many Cases, a Firm Entering International Markets Becomes a Follower

question 88

Multiple Choice

In many cases, a firm entering international markets becomes a follower because:

• A) barriers are high for new entrants.
• B) strong patent protection exists.
• C) quicker competition beats it.
• D) all of the above.
• E) two of A, B, and C.

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Definitions:

Hypotenuse

The side facing the right angle in a right-angled triangle, known for being the longest.

°

A symbol used to denote degrees in measures of angles, temperature, or quality.

Pythagorean Theorem

A theorem that states that the square of the sides of a right triangle are equal to the square of the hypotenuse.

Hypotenuse

In a right-angled triangle, the longest side, which sits opposite the right angle.