The Best Strategy Options for a Local Company in Competing

Multiple Choice

The best strategy options for a local company in competing against global challengers include:

A) locating buyer-related activities,such as sales,advertising,or technical assistance,close to buyers.
B) export strategies,entering into alliances and/or joint ventures with one or more foreign companies having globally competitive strengths,and/or cross-border transfer strategies.
C) export strategies,licensing strategies,franchising strategies,and cross-market coordination strategies.
D) using an understanding of local customer preferences to create customized products or services,transferring the company's expertise to cross-border markets,and/or using acquisitions and rapid growth strategies to defend against expansion-minded multinationals.
E) offensives aimed at the global challengers' strengths,promoting anti-dumping legislation,and/or launching some type of guerilla warfare strategy.