Which (If Any) Is a Non-Traditional Competitive Advantage Possessed by Emerging

question 10

Multiple Choice

Which (if any) is a non-traditional competitive advantage possessed by emerging market multinationals?

• A) Frugal engineering
• B) Unique insights into consumer needs
• C) Ability to operate in hostile environments
• D) All of the above
• E) (a) and (c) only

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Definitions:

Owners' Assets

Refers to the property, both tangible and intangible, that is owned by a business's proprietors.

Business Plan

A business plan is a detailed document outlining the goals, strategies, financial forecasts, and operational plans for starting and operating a business, serving as a roadmap for business success.

Start-Up Business

An entrepreneurial venture in its initial stage of operations, often characterized by innovation, ambition, and scalability.

Financing

The process of obtaining the necessary funds needed for an operation, project, or investment.