Which of the following is not a reason why crafting a strategy to compete in one or more countries or regions of the world is inherently more complex   a. The presence of important cross-country differences in buyer tastes, market sizes and growth potential. b. There are sizable cross-country differences in wage rates, worker productivity, energy costs, tax rates, inflation rates, tariffs/import duties and other factors that a company's operating cists and profitability. c. There are differing governmental policies and regulations that make the local business climate more favorable in some countries than in others. d. Competing in foreign markets requires a much bigger and more diverse collection of competitively valuable resources and capabilities than just competing in a company's home base market e. A company must contend with the risks of adverse shifts in currency exchange rates.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Which of the following is not a reason why crafting a strategy to compete in one or more countries or regions of the world is inherently more complex

 

a. The presence of important cross-country differences in buyer tastes, market sizes and growth potential.

b. There are sizable cross-country differences in wage rates, worker productivity, energy costs, tax rates, inflation rates, tariffs/import duties and other factors that a company's operating cists and profitability.

c. There are differing governmental policies and regulations that make the local business climate more favorable in some countries than in others.

d. Competing in foreign markets requires a much bigger and more diverse collection of competitively valuable resources and capabilities than just competing in a company's home base market

e. A company must contend with the risks of adverse shifts in currency exchange rates.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON