Which of the following is NOT a viable strategy option for a local company in competing against global challengers?
A) using cross-market transfer strategies to hedge against the risks of exchange rate fluctuations and adverse political developments
B) developing business models to exploit shortcomings in local distribution networks or infrastructures
C) taking advantage of low-cost labor and other competitively important local workforce qualities
D) transferring a company's expertise to cross-border markets and initiating actions to contend on a global scale
E) using acquisitions and rapid growth strategies to defend against expansion-minded multinationals

Question

Quizplus · Accepted Answer

Using cross-market transfer strategies to hedge against the risks of exchange rate fluctuations and adverse political developments is a viable strategy option for a local company in competing against global challengers. The other options (B, C, D, and E) are also viable strategies for local companies to compete against global challengers.

Which of the Following Is NOT a Viable Strategy Option