When Competition Is International,competitive Advantage Depends Not Just on a Firm's

question 17

True/False

When competition is international,competitive advantage depends not just on a firm's internal resources and capabilities,it also depends upon the availability of resources within each firm's country base.

---

Definitions:

Discriminates

The act of making distinctions or treating someone differently based on characteristics other than individual merit.

Cost Efficient

A condition or process that achieves the intended result with minimal wasted resources or effort.

Productive

The efficiency with which inputs (such as labor and capital) are converted into outputs (goods and services).

Large Income

Substantial earnings or revenue, typically considerably higher than the average income, affording a high standard of living.