Question

7. The threat of substitute products is high when

1. the substitute product stimulates new innovation processes within the industry.
2. These are seen as more effective by a substantial segment of consumers.
3. switching costs are low.
4. All of the above happen.

8. High pressure for local adaptation combined with pressure for lower costs suggests what kind of international strategy:

1. International.
2. Multi-domestic.
3. Global.
4. Transnational
5. All of the above

9. Which of the following describes the most typical order of entry into foreign markets?

1. Franchising, licensing, exporting, joint ventures, and company-owned subsidiaries
2. Exporting, licensing, franchising, joint venture, and company-owned subsidiaries.
3. Licensing, exporting, franchising, joint venture, and greenfield operations.
4. Importing, Exporting, franchising, licensing, joint venture, and company-owned subsidiary

Answer 1

7. Ans - d) All of the above

the substitute product stimulates new innovation processes within the industry.

These are seen as more effective by a substantial segment of consumers.

switching costs are low.

8.Ans - **based on question as you do not specify that High pressure for local adaptation combined with which pressure **

So here,

if Question is

- High pressure for local adaptation combined with high pressure for lower costs would suggest what type of international strategy

then Ans is - transnational

if Question is:

High pressure for local adaptation combined with low pressure for lower costs would suggest what type of international strategy:

then Ans is multidomestic

9.Ans - B) exporting, licensing, franchising, joint venture, and wholly owned subsidiary

**only 1st question is allowed, however i answered all the questions.Please hit like, if satisfied**