Even though other combination alternatives can be devised, companies generally can pursue three global product strategies to penetrate foreign markets. These strategies
Are to extend the home-grown product/communication strategies, adapt their strategy
To the local marketplace, and:
A) invent new products for foreign customers.
B) concentrate on services.
C) apply for permission to copy domestic products.
D) concentrate on image adjustment.
E) focus on secondary issues (such as warranties).

Question

Quizplus · Accepted Answer

Companies can invent new products specifically tailored for foreign customers to better meet local needs and preferences, which is a common global product strategy.

Even Though Other Combination Alternatives Can Be Devised, Companies Generally