Seeking out countries in which governmental restraints exclude or inhibit global competitors or allow concessions or both,that are advantages to localized firms refers to

Question

Quizplus · Accepted Answer

Protected niche strategy relates to seeking out countries where barriers to entry or regulations prevent global competitors from entering the market, while providing concessions or advantages to localized firms. This allows localized firms to establish themselves and gain a competitive advantage in the niche market.

Seeking Out Countries in Which Governmental Restraints Exclude or Inhibit