In an industry that is, or is rapidly becoming global, the riskiest possible posture is to
A) become a global competitor.
B) remain a domestic competitor.
C) remain a global competitor.
D) expand beyond the role of domestic competitor.
E) none of the above

Question

Quizplus · Accepted Answer

Remaining a domestic competitor in a global industry is the riskiest posture as it limits the potential market and growth opportunities for the company. It also exposes the company to competition from global players who may have lower costs or offer better products/services. In contrast, becoming a global competitor or expanding beyond the role of a domestic competitor can provide opportunities for growth and diversification. However, it is important to carefully consider the risks and challenges of operating in global markets before pursuing such strategies.

In an Industry That Is, or Is Rapidly Becoming Global