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

question 72

Multiple Choice

When 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 or using 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:

Hospice Care

Specialized care designed to provide support and comfort to individuals in the last phases of an incurable disease, focusing on quality of life rather than cure.

Sibling Relationships

Describes the dynamic, interaction, and bond shared between or among siblings, which can influence individuals' social and emotional development.

Caregiver

An individual who provides care for another person, typically a family member or someone with a disability or illness.

Satisfactions

Feelings of fulfillment or contentment resulting from achieving desires, expectations, or needs.