Which of the following is a course of action suggested by Christopher Bartlett and Sumantra Ghoshal for companies based in developing nations?
A. Build up financial resources to match those of the largest global competitors.
B. Enter foreign markets at a similar time and scale as multinational companies.
C. Enter markets rapidly and exit at an equally rapid pace to avoid heavy losses.
D. Benchmark one's operations and performance against foreign multinationals.
E. Do not focus on market niches that multinational companies ignore.
D
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Bond price: Your friend recommends that you invest in a three-year bond issued by Trimer, Inc., that will pay annual coupons of 10 percent. Similar investments today will yield 6 percent. How much should you pay for the bond?
A) $1,024 B) $979 C) $886 D) $1,107
A growing population does not mean growing markets unless ________
A) the people are under a democratic system of government B) there is common ownership of all resources C) people have sufficient purchasing power D) there is adequate governmental intervention in the market E) the government has a budget surplus