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 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.