Taking core competencies and combining them to exploit opportunities overseas is part of ________.
A) functional-level strategy
B) global expansion strategy
C) corporate-level strategy
D) business-level strategy

Question

Quizplus · Accepted Answer

Global expansion strategy involves leveraging core competencies to exploit opportunities overseas. This strategy involves entering new markets, establishing subsidiaries or joint ventures in foreign countries, and adapting products and services to meet local needs. Functional-level strategy focuses on specific functional areas within the organization, while business-level strategy is concerned with how the organization competes in a particular market. Corporate-level strategy pertains to the overall scope of the organization and its business units.

Taking Core Competencies and Combining Them to Exploit Opportunities Overseas