When Competing with the New Champions from Emerging Markets, MNCs

question 3

Multiple Choice

When competing with the new champions from emerging markets, MNCs:

• A) should give up-the new champions have cheaper labor and the latest technology.
• B) can ignore the new champions-they are only effective in emerging markets.
• C) should focus on the high end of the market and leave the rest to the local companies.
• D) buy out local rivals and use them to challenge the new champion in the home market.
• E) none of the above

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Definitions:

Peer-To-Peer

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Economic Model

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Trust

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User-Generated Classifications

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