A firm needs to consider its international strategy when any potential competitor is not domestic.

Question

Quizplus · Accepted Answer

This statement is true. When a firm is considering its international strategy, it needs to take into account any potential competitors that may not be domestic. This means that the competition the firm faces can come from a range of different countries and may have different strengths and weaknesses than domestic competitors. Therefore, understanding the global competitive landscape is critical for success in international markets.

A Firm Needs to Consider Its International Strategy When Any