Which of the following describes a company's strategy of moving first to those countries where local competitors are most likely to catch up to the firm's innovative advantage?
A) lead country strategy
B) imitation lag strategy
C) oligopolistic reaction strategy
D) liability of foreignness strategy

Question

Quizplus · Accepted Answer

This describes the imitation lag strategy, where a company moves first to the countries where local competitors are most likely to catch up to the firm's innovative advantage. By doing so, the company can use its innovative advantage to establish a foothold in the market before local competitors can catch up and imitate their strategies.

Which of the Following Describes a Company's Strategy of Moving