Firms Use Four Basic Strategies to Compete in the International

question 9

Multiple Choice

Firms use four basic strategies to compete in the international environment.These are:

• A)an international strategy,a localisation strategy,a global strategy and a transnational strategy.
• B)a cross-cultural strategy,a trade block strategy,a regional strategy and a world strategy.
• C)a domestic-based strategy,an international-focused strategy,a local/regional-based strategy and a cultural-based strategy.
• D)an international strategy,a regional strategy,a global strategy and a world strategy.

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Definitions:

George Washington's

Pertaining to the first President of the United States, often related to his leadership, policies, or personal life.

Iroquois

A confederacy of Native American tribes originally from the northeastern United States, known for their influential political and social structures.

Lord Dartmouth's

Pertaining to or associated with William Legge, the 2nd Earl of Dartmouth, an English nobleman involved in colonial American affairs pre-Revolution.

Concord

Concord refers to an agreement or harmony between parties or states, often used historically to describe peace treaties.