Which of the following is NOT a reason why crafting a strategy to compete in one or more foreign markets is inherently complex?
A) Because factors that affect industry competitiveness vary from country to country
B) Because of the potential for location-based advantages to conducting value chain activities in certain countries
C) Because different government policies and economic conditions make the business climate more favorable in some countries than others
D) Because of the risks for shifts in currency exchange rates
E) Because similarities in buyer tastes and preferences facilitate standardization of products and services

Question

Quizplus · Accepted Answer

Option E is not a reason why crafting a strategy to compete in one or more foreign markets is inherently complex. In fact, similarities in buyer tastes and preferences can facilitate standardization of products and services, making it easier to compete in foreign markets. The other options all present challenges that make crafting a strategy for foreign markets complex.

Which of the Following Is NOT a Reason Why Crafting