question archive 1) Strategic Fit perspective would suggest all of the below are feasible internationalization strategies except: International Transnational Global Standardization Domestic Localization 2) Licensing, a mode of entry into a foreign market, gives an international firm tight control over manufacturing, marketing, and strategy that is required for realizing experience curve and location economies
1) Strategic Fit perspective would suggest all of the below are feasible internationalization strategies except: International Transnational Global Standardization Domestic Localization 2) Licensing, a mode of entry into a foreign market, gives an international firm tight control over manufacturing, marketing, and strategy that is required for realizing experience curve and location economies
Subject:EconomicsPrice:2.87 Bought7
1) Strategic Fit perspective would suggest all of the below are feasible internationalization strategies except:
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International |
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Transnational |
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Global Standardization |
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Domestic |
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Localization |
2) Licensing, a mode of entry into a foreign market, gives an international firm tight control over manufacturing, marketing, and strategy that is required for realizing experience curve and location economies.
True
False
3) When two or more enterprises encounter each other in different regional markets, national markets, or industries, regional competition occurs.
True
False
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Answer:
1. Domestic
Explanation: Domestic strategies are applied for firms operating in the country of its origin.
2. False
Explanation: Licensing results in lack of control by the firm.
3. False
Explanation: This results in international competition.
