Which of the following statements regarding multidomestic competition is false?
A) Buyers in different countries are attracted to different product attributes.
B) The benefits from global integration and standardization are high.
C) Industry conditions and competitive forces in each national market differ in important respects.
D) The mix of competitors in each country market varies from country to country.
E) Winning in one country market does not necessarily signal the ability to fare well in other countries.

Question

Quizplus · Accepted Answer

Multidomestic competition is characterized by industry conditions and competitive forces in each national market that differ in important respects. Buyers in different countries are attracted to different product attributes, the mix of competitors in each country market varies from country to country, and winning in one country market does not necessarily signal the ability to fare well in other countries. However, the benefits from global integration and standardization are lower in multidomestic competition than in global competition.

Which of the Following Statements Regarding Multidomestic Competition Is False