Location-specific advantages for a firm are those that arise from: A.

QUESTION

Location-specific advantages for a firm are those that arise from:

A. acquiring the home markets of foreign firms that threaten a firm’s domestic market.

B. gaining a commanding position in one market and using them to subsidize competitive attacks in other markets.

C. preferring exporting over licensing in order to retain control over know-how, manufacturing, marketing, and strategy.

D. utilizing resource assets that are tied to a particular foreign location and valuable enough to be combined with the firm’s own unique assets.

E. franchising and licensing.

ANSWER

D