Transferring core competencies and resource strengths from one country market to another is
A)a good way for companies to develop broader or deeper competencies and competitive capabilities that can become a strong basis for sustainable competitive advantage.
B)best accomplished with a multidomestic strategy as opposed to a global strategy.
C)feasible only with a global strategy; it can't be done with a multidomestic strategy.
D)unlikely to result in a competitive advantage.
E)nearly always the easiest and most surefire way to build competitive advantage in trying to compete successfully in foreign markets.

Question

Quizplus · Accepted Answer

Transferring core competencies and resource strengths from one country market to another can help companies develop broader or deeper competencies and competitive capabilities that can become a strong basis for sustainable competitive advantage. This is especially true when companies adopt a global strategy and leverage their strengths across multiple markets. Multidomestic strategies may not be as effective for transferring core competencies, as they tend to focus on adapting to local markets rather than leveraging global strengths. However, successful transfer of competencies and resources requires careful consideration of cultural differences, local market conditions, and other factors that may impact the effectiveness of the transfer.

Transferring Core Competencies and Resource Strengths from One Country Market