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Characterizes the strategic relevance of cross-country

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Which of the following statements falsely characterizes the strategic relevance of cross-country differences in competitive conditions, population demographics, market sizes, and growth potential?

Country-to-country differences in distribution channels, competitive conditions, and other market-related factors can impact a company's strategy choices.

Despite the many assorted cross-country differences which exist, it is imperative for companies to offer buyers standardized or mostly standardized products in order to compete successfully in the various countries where it operates.

A country's competitively strong industries nearly always contain competitively successful companies with valuable resources and capabilities; moreover, in these competitively strong industries, one or more local competitors are likely to have certain "home country advantages" not readily available to a new foreign entrant--unless an entrant has formed a strategic alliance with local competitors.

The managerial challenge at companies with international or global operations is how best to tailor a company's strategy to take such cross-country differences as differing buyer tastes, competitive conditions, population demographics, market sizes, and growth potential into account.

Differing population sizes, income levels, and other demographic factors give rise to considerable differences in market size and growth rates from country to country.

Reference no: EM133484202

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