One of the Biggest Strategic Challenges to Competing in the International

question 74

Multiple Choice

One of the biggest strategic challenges to competing in the international arena include

• A)how to avoid the risks of shifting exchange rates.
• B)whether to charge the same price in all country markets.
• C)how many foreign firms to license to produce and distribute the company's products.
• D)whether to offer a mostly standardized product worldwide or whether to customize the company's offerings in each different country market to match the tastes and preferences of local buyers.
• E)whether to pursue a global strategy or an international strategy.

---

Definitions:

Euphoria

A feeling or state of intense excitement and happiness.

Sociability

The tendency or ability to associate with others in a friendly or social manner.

Marijuana

A mind-altering substance derived from the Cannabis plant, utilized either for therapeutic or leisure activities.

Dependence

The state of relying on or being controlled by someone or something else.