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A Firm's Power and Prestige in Domestic Markets May Be

Question 71

Multiple Choice
A firm's power and prestige in domestic markets may be significantly enhanced if the firm competes globally

A firm's power and prestige in domestic markets may be significantly enhanced if the firm competes globally


A) which can translate into improved negotiating power among important groups.
B) though this rarely results in a practical advantage.
C) but this can hurt its bargaining power with suppliers and distributors.
D) yet this does nothing to improve its position with creditors.
E) which can alienate the firm from its domestic creditors, suppliers, and distributors.

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