Strengths of competitors in foreign lands are often ________, and weaknesses are often ________.
A) overestimated; overestimated
B) overestimated; underestimated
C) underestimated; underestimated
D) underestimated; overestimated
E) none of the above

Question

Quizplus · Accepted Answer

It is common for companies to underestimate their competitors' strengths in foreign lands, while overestimating their weaknesses. This can lead to strategic errors and ultimately failure in those markets.

Strengths of Competitors in Foreign Lands Are Often ________, and Weaknesses