Competing in one or more countries or regions of the world causes strategy-making to be more complex partly because of o the competitive necessity of customizing the company's product offering in each different country market where the company competes in order to strongly differentiate the company's product from the offerings of local competitors. differing governmental policies and regulations that make the business climate more favorable in some countries than in others. O the need to establish plants, distribution facilities, and sales operations in each country in which a company competes. o the imperatives of crafting a different strategy for each different country in which a company competes. o the challenges of (1) creating a sizable profit sanctuary in each country where it chooses to operate and then (2) having to protect and defend all these sanctuaries against the competitive athacks of local rivals desirous of stealing away some of the company's most profitable customers. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. 100673A *** Conyright 2021 by Glo-Bus Software, Inc