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

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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.

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.