In global competition

Question $3$Select one:

a$.$

the leading companies compete for having the biggest share of the world market, but only occasionally compete head$-$to$-$head in different countries.

b$.$

the markets in various countries are part of the world market and competitive conditions across country markets are strongly linked.

c$.$

the industry leaders are foreign companies; domestic companies are relegated to runner$-$up status.

d$.$

a company's overall market strength is the sum of its market shares in each country market where it has a presence.

e$.$

a firm's overall competitive advantage is determined by the size of the competitive advantage it has in each of its profit sanctuaries.