A firm can only build and strengthen its competitive position in the international marketplace if it does not transfer its knowledge around the globe.

Question

Quizplus · Accepted Answer

In order to build and strengthen its competitive position in the international marketplace, a firm should transfer its knowledge and expertise around the globe. Sharing knowledge with international partners can lead to increased innovation, improved processes, and higher quality products and services, ultimately contributing to the firm's competitive advantage. However, a firm should also take measures to protect its proprietary information and intellectual property when sharing knowledge with others.

A Firm Can Only Build and Strengthen Its Competitive Position