According to Michael Porter, firms that have experienced intense domestic competition are
A) unlikely to have the time or resources to compete abroad.
B) most likely to design strategies aimed primarily at the domestic market.
C) more likely to design strategies and structures that allow them to successfully compete abroad.
D) more likely to demand protection from their governments.

Question

Quizplus · Accepted Answer

Michael Porter argues that intense domestic competition drives firms to improve efficiency, innovate, and develop capabilities that enable them to compete more effectively in international markets. This competitive pressure at home serves as a catalyst for firms to adapt strategies and structures that facilitate success abroad.

According to Michael Porter, Firms That Have Experienced Intense Domestic