In Expanding Outside Its Domestic Market,a Company Can Gain Competitive

question 21

Multiple Choice

In expanding outside its domestic market,a company can gain competitive advantage by

• A) not pursuing costly efforts to build multiple profit sanctuaries.
• B) deliberately choosing not to compete in countries with high tariffs and high taxes (which then have to be passed along to buyers in the form of higher prices),thus keeping costs and prices lower than rivals.
• C) using an export strategy to circumvent the risks of adverse exchange rate fluctuations.
• D) using location to lower costs or help achieve greater product differentiation and it can use cross-border coordination in ways a domestic-only competitor cannot.
• E) employing a multidomestic strategy instead of a global strategy.

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Definitions:

Noble Gases

A collection of elements that exhibit comparable properties in normal circumstances; these elements are scentless, transparent, constituted by single atoms, and display minimal chemical activity.

Polar Covalent

A type of chemical bond where two atoms share a pair of electrons unequally, leading to partial charges at each end of the bond.

S-H Bond

A chemical bond formed between a sulfur atom and a hydrogen atom, often found in organic compounds such as thiols.

Nonpolar

A type of chemical bond or molecule that does not have a separation of electrical charge, leading to an even distribution of electron density.