When competing with the new champions from emerging markets, MNCs:
A)should give up-the new champions have cheaper labor and the latest technology
B)can ignore the new champions-they are only effective in emerging markets
C)should focus on the high end of the market and leave the rest to the local companies
D)sometimes buy out local rivals and use them to challenge the new champion in the home market
E)none of the above

Question

Quizplus · Accepted Answer

Buying out local rivals can be a strategic move for MNCs to strengthen their position in emerging markets and effectively compete with new champions by leveraging local expertise and market presence.

When Competing with the New Champions from Emerging Markets, MNCs