21. exists when competition in one national market is independent of competition in another national market. 22. are country markets where a company has a strong or protected market position and derives substantial profit. 23. A strategy involves keeping reinvestment to a barebones minimum, taking actions to minimize operating expenses, and operating the business in a manner calculated to maximize shortterm cash flows in preparation for an orderly market exit. 24. A big disadvantage of is the danger of depending on another company for essential expertise and capabilities. 25. involves using profits earned in one or more country markets to cover the added costs of waging a competitive offensive against key rivals in their home markets or to support the costs of entering a strategicallycritical country market.
21. exists when competition in one national market is independent of competition in another national market. 22. are country markets where a company has a strong or protected market position and derives substantial profit. 23. A strategy involves keeping reinvestment to a barebones minimum, taking actions to minimize operating expenses, and operating the business in a manner calculated to maximize shortterm cash flows in preparation for an orderly market exit. 24. A big disadvantage of is the danger of depending on another company for essential expertise and capabilities. 25. involves using profits earned in one or more country markets to cover the added costs of waging a competitive offensive against key rivals in their home markets or to support the costs of entering a strategicallycritical country market.