BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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putting all eggs in one basket
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firm with expertise in a country
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concentrating on domestic market consumers
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simple to move quickly to other countries
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Detailed explanation-1: -Multinational corporations choose from among four basic international strategies: (1) international (2) multi-domestic, (3) global, and (4) transnational.
Detailed explanation-2: -There are three main international strategies available: (1) multidomestic, (2) global, and (3) transnational (Figure 7.23 “International Strategy”).
Detailed explanation-3: -Answer and Explanation: The answer is: e)-Action plan to defeat only local competitors. Global strategy refers to an action plan to compete against the global market, not local competitors.
Detailed explanation-4: -The five most common modes of international-market entry are exporting, licensing, partnering, acquisition, and greenfield venturing. Each of these entry vehicles has its own particular set of advantages and disadvantages.