A firm based in a country with a national competitive advantage is not guaranteed success as it implements its chosen international business-level strategy. Instead, the actual strategic choices managers make may be the most compelling reasons for success or failure. True False

Question

Business

Moran

26 July, 10:33

A firm based in a country with a national competitive advantage is not guaranteed success as it implements its chosen international business-level strategy. Instead, the actual strategic choices managers make may be the most compelling reasons for success or failure. True False

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Ayanna Bass · Answer 1

True

Explanation:

When a company finds itself in a country that has a competitive advantage in a particular product and the company produces goods aimed at competiting against the local market by using international production. It will most likely fail as it cannot meet up low cost of local firms.

If however the manager's of the company make a strategic decision of manufacturing locally, this will take advantage of the lower cost of production.

The company can take ownership of a local firm through which it can successfully produce locally.