Market commonality is concerned with the number of markets with which the firm and a competitor are jointly involved and the degree of importance of the individual markets to each

A business model should be selected with great care because it cannot be changed, or even adjusted, once a firm begins to use the model to implement its business-level strategy

A river barge company can offer cheaper, although slower, per-pound transportation of products to companies when compared with transportation by air, truck, or rail. The river barge company should first target customers whose companies use:

EagleCrest Industries, a U.S. based company, is facing a limitation in the amount of minerals needed to manufacture its products that can be mined in North America. It would likely benefit from an international strategy that would enable it to secure needed resources

When the country risk is high, firms prefer to enter with a greenfield investment rather than a joint venture

A competitive action can be one of two types, either __________ or __________.

Companies in fast-cycle markets need to profit quickly from an innovative product for all of the following reasons EXCEPT:

Fluctuation in the value of different currencies is a major economic risk associated with international diversification

When the costs of supplies increase in an industry, the cost leader:

In customer feedback surveys, RTC Corp customers have indicated that they have a similar experience each time they interact with the company. This reflects success in which service quality dimension?