Choose the statement that is not a reason a global strategy contrasts sharply with a multidomestic strategy.

Multiple Choice

• In global competition, a firm's overall competitive advantage (or disadvantage) grows out of its entire worldwide operations.

• In global competition, there's more cross-country variation in industry conditions and competitive forces than there is in industries where multidomestic competition prevails.

• In global competition, many of the same rival companies compete against each other in many different countries, but especially so in countries where sales volumes are large and where having a competitive presence is strategically important to building a strong global position in the industry.

• In global competition, rivals vie for worldwide market leadership.

• In globally competitive industries, the power and strength of a company's strategy and resource capabilities in one country significantly enhance its competitiveness in other country markets.