International firms try to create value by:
A) transferring products and competencies overseas.
B) following a local staffing policy.
C) focusing on local responsiveness.
D) emphasizing a localization strategy.
E) adopting an ethnocentric staffing approach.

Question

Quizplus · Accepted Answer

The transfer of products and competencies is a common way for international firms to create value. By taking advantage of their strengths and expertise, firms can enter new markets and gain a competitive advantage. This approach allows firms to leverage existing resources and can lead to cost savings and increased efficiency.

International Firms Try to Create Value By