Some core competitive advantages for global retailers include:
A) Adaptability
B) Recognize cultural differences
C) Global culture
D) Financial resources
E) All of these

Question

Quizplus · Accepted Answer

Global retailers need to be adaptable to the different markets and environments they operate in. They also need to recognize cultural differences in order to effectively appeal to local customers. A global culture approach can also be advantageous in maintaining consistency across markets. Additionally, they require significant financial resources to invest in global expansion and compete with other retailers. Therefore, all of these factors are core competitive advantages for global retailers.

Some Core Competitive Advantages for Global Retailers Include