To Acquire Regional Expertise and Comply with the Local Laws

question 196

Multiple Choice

To acquire regional expertise and comply with the local laws of a country,international firms often find it desirable to:

• A)form political action committees.
• B)export goods and services to that country.
• C)form strategic alliances with domestic companies in that country.
• D)relocate manufacturing facilities to that market.

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Definitions:

Tracking Reports

Reports used to monitor and analyze the progress, performance, or location of specific items, activities, or campaigns over time.

Strategic Initiatives

Broadly, these are critical plans or actions that are designed to achieve major goals or overalls in an organization's strategy.

Marketing Executives

Professionals responsible for developing and overseeing marketing strategies to promote products, services, or brands.

Innovation

The creation, development, and implementation of new products, services, or processes that improve efficiency, effectiveness, or competitive advantage.