Identify and Discuss Three Strategies That May Be Used by Developed

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The Answer is There are several strategies that developed country multinationals can use to address the threat posed by emerging market multinationals.

First, developed country multinationals can focus on innovation and technology. By investing in research and development, they can create new products and services that are difficult for emerging market multinationals to replicate. This can give them a competitive advantage and help them maintain their market position.

Second, developed country multinationals can form strategic partnerships with local companies in emerging markets. By collaborating with local businesses, they can gain access to local knowledge, distribution channels, and customer bases. This can help them navigate the complexities of operating in emerging markets and compete more effectively with emerging market multinationals.

Third, developed country multinationals can differentiate their products and services to cater to the specific needs and preferences of consumers in emerging markets. By understanding the unique demands of these markets, they can tailor their offerings to better meet the needs of local consumers and gain a competitive edge over emerging market multinationals.

Overall, by focusing on innovation, forming strategic partnerships, and differentiating their products and services, developed country multinationals can effectively address the threat posed by emerging market multinationals and maintain their competitive position in the global marketplace.

Identify and Discuss Three Strategies That May Be Used by Developed

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