Comparative advantage is
A) Similar to competitive advantage.
B) A local responsiveness solution.
C) Where the company can produce the cheapest.
D) Advantages of nations over other nations.
Correct Answer:
Verified
Q1: Dispersing value-chain activities anywhere in the world
Q2: A regional strategy refers to
A)Managing raw-material sourcing,
Q3: Global companies usually seek to
A)Provide unique products
Q4: Having one set of products for North
Q5: Globalization drivers
A)Fall into four categories: market, costs,
Q7: According to the text,a fundamental dilemma faced
Q8: Which strategy attempts to balance advantages from
Q9: A multidomestic company gives strategic priority to
A)Providing
Q10: Conducting business similarly throughout the world,and locating
Q11: Using intermediaries or go-between firms to provide
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