Transferring core competencies and resource strengths from one country market to another is: A. a good way for companies to develop broader or deeper competencies and competitive capabilities that can become a strong basis for sustainable competitive advantage. B. best accomplished with a multidomestic strategy as opposed to a global strategy. C. feasible only with a global strategy; it can't be done with a multidomestic strategy. D. unlikely to result in a competitive advantage. E. nearly always the easiest and most sure-fire way to build competitive advantage in trying to compete successfully in foreign markets

Question

Business

Connor Marquez

8 October, 22:35

Transferring core competencies and resource strengths from one country market to another is: A. a good way for companies to develop broader or deeper competencies and competitive capabilities that can become a strong basis for sustainable competitive advantage. B. best accomplished with a multidomestic strategy as opposed to a global strategy. C. feasible only with a global strategy; it can't be done with a multidomestic strategy. D. unlikely to result in a competitive advantage. E. nearly always the easiest and most sure-fire way to build competitive advantage in trying to compete successfully in foreign markets

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Addyson Estes · Answer 1

Transferring core competencies and resource strengths from one country market to another is : nearly always the easiest and most sure-fire way to build competitive advantage in trying to compete successfully in foreign markets

Explanation:

Cross-border sharing or transition of capital and skills across boundaries offers an economic means by which a business can further exploit its core competencies and expand its competitive advantages to a wider variety of regional markets.

An effective way for enterprises to build wider or deeper competencies and strategic capabilities which can become the cornerstone of a sustained competitive advantage.