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Location-Specific Advantages for a Firm Are Those That Arise from

Question 77

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Location-specific advantages for a firm are those that arise from


A) acquiring the home markets of foreign firms that threaten a firm's domestic market.
B) gaining a commanding position in one market and using them to subsidize competitive attacks in other markets.
C) preferring exporting over licensing in order to retain control over know-how, manufacturing, marketing, and strategy.
D) utilizing resource assets that are tied to a particular foreign location and valuable enough to be combined with the firm's own unique assets.
E) franchising and licensing.

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