Which of the following is not a strategic option companies should consider in tailoring their strategy to fit circumstances of emerging country markets?
A)Try to change the local market to better match the way the company does business elsewhere.
B)Modify aspects of the company's business model to accommodate local circumstances.
C)Prepare to compete on the basis of low price.
D)Enter only those emerging markets that provide profit sanctuaries by offering opportunities for offensive strategies,such as preemptive strikes.
E)Stay away from those emerging markets where it is impractical or uneconomic to modify the company's business model to accommodate local circumstances.

Question

Quizplus · Accepted Answer

The option of entering only those emerging markets that provide profit sanctuaries by offering opportunities for offensive strategies, such as preemptive strikes, is not a viable strategic option as it limits the company's potential for growth and may result in missed opportunities. Companies should consider a range of strategic options including modifying their business model to fit local circumstances, competing on the basis of low price, and entering emerging markets where it is feasible to adapt their business model.

Which of the Following Is Not a Strategic Option Companies