A viable strategy option for a local company when entering into competition with global challengers does not involve?
A)using cross-market transfer strategies to hedge against the risks of exchange rate fluctuations and adverse political developments
B)developing business models to exploit shortcomings in local distribution networks or infrastructures
C)taking advantage of low-cost labor and other competitively important local workforce qualities
D)transferring a company's expertise to cross-border markets and initiating actions to contend on a global scale
E)using acquisitions and rapid growth strategies to defend against expansion-minded multinationals

Question

Quizplus · Accepted Answer

Cross-market transfer strategies are typically used by global companies to manage risks across different markets, not by local companies focusing on local competition.

A Viable Strategy Option for a Local Company When Entering