Which of the following is NOT an incentive for firms to become multinational?

All of the following are international corporate-level strategies EXCEPT the strategy:

A ____strategy assumes more standardization of products across country boundaries

A multidomestic corporate-level strategy has ____ need for global integration and ___ need for local market responsiveness.

These are determinants of national advantage EXCEPT

A strategy through which a firm expands the sales of its goods or services across the borders of global regions and countries into a potentially large number of geographic locations or markets.

________ is an entry mode in which an agreement is formed that allows a foreign company to purchase the right to manufacture and sell a firm’s products within a host country’s market or a set of host countries’ markets.

________ is an entry mode through which the firm sends products it produces in its domestic market to international markets.

International corporate-level strategy focuses on:

One reason why firms pursue international opportunities is to extend the product's life cycle.

A reason that firms use international strategies is to secure needed resources, especially minerals and energy.

The three corporate-level international strategies are cost leadership, differentiation, and focus.

Location advantages are influenced by costs of production, access to natural resources and critical supplies, as well as the needs of customers, but not culture.

A multidomestic strategy is an international strategy in which a firm's home office determines the strategies business units are to use in each region.

The global strategy offers greater opportunities to take innovations developed at the corporate level or in one market and apply them to other markets.

Export, licensing, and the strategic alliance entry modes are all appropriate for early market development.

Firm using international strategies to pursue strategic competitiveness often experiences complex challenges that must be overcome.

International diversification provides greater economies of scope and learning which, along with greater innovation, help produce above-average returns.

Licensing is an entry mode through which the firm sends products it produces in its domestic market to international markets.