Which of the Following Statements Is True of an International

question 28

Multiple Choice

Which of the following statements is true of an international strategy?

• A) It enables firms to leverage their home-based core competencies in foreign markets.
• B) It is advantageous when firms face high pressures for both local responsiveness and cost reductions.
• C) It relies on joint ventures to reap economies of scale by accessing a larger market.
• D) It effectively protects a firm from exchange rate fluctuations.

---

Definitions:

80/20 Rule

A principle suggesting that 80% of effects come from 20% of causes, often used in business and economics to focus efforts on the most productive inputs.

Firm's Sales

The total revenue generated from goods or services sold by a company within a specific period.

Firm's Customers

Individuals or organizations that purchase and use the products or services offered by a business.

Usage Rate

The frequency at which a product is used by the consumer.