Discover new perspectives and gain insights with IDNLearn.com's diverse answers. Discover in-depth and reliable answers to all your questions from our knowledgeable community members who are always ready to assist.
Sagot :
The distinguishing feature of many firms that pursuing an international strategy is that they are selling a product that serves universal needs, but they do not face significant competitors.
An international strategy is a business strategy which is created by a company to do its business in international markets. Thus, this strategy serves universal needs as they do not face significant competitors.
An international strategy requires analyzing the international market, defining goals, studying resources, understanding market dynamics & develop offerings. Firms pursuing an international strategy are not confronted with pressures to reduce their cost structure.
Hence, the answer is given and explained above.
To learn more about international strategy here:
https://brainly.com/question/15860574
#SPJ4
Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.
