Solved

Which of the Following Is a Valid Reason for a Firm's

Question 97

Multiple Choice

Which of the following is a valid reason for a firm's power and prestige in domestic markets to be significantly enhanced if it competes globally?


A) This can translate into improved negotiating power among important groups.
B) This rarely results in a practical advantage.
C) This can hurt its bargaining power with suppliers and distributors.
D) This does nothing to improve its position with creditors.
E) This can alienate the firm from its domestic creditors, suppliers, and distributors.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions