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I have completed these homework questions. Could you please let me know if I answered all of these questions correctly or not? The one I

I have completed these homework questions. Could you please let me know if I answered all of these questions correctly or not? The one I highlighted that is my answer. If not, please help me to correct the wrong answer. Thanks

In addition to competition from rivals such as DiDi, Uber China also faced a liability of foreignness. Which of the following best explains the inherent disadvantage that foreign firms such as Uber China experience in host countries because of their nonnative status?

Differences in the institutions that govern the rules of the game

A lack of market-supporting infrastructure

Lack of resources and capabilities

Inexperience in internationalization

In order to compete against a domestic firm such as DiDi and to offset their liability of foreignness, how would the resource-based view advise a foreign entrant such as Uber China to proceed?

Seek to understand the inherent differences in cultures, norms, and values.

Deploy overwhelming resources and capabilities.

Learn the formal and informal rules of the game.

Address trade and investment barriers through lobbying.

The degree of overlap between two rivals' markets has a significant bearing on the intensity of their rivalry. Which concept best explains the overlap between the markets served by DiDi and Uber China?

Resource similarity

Sphere of influence

Mutual forbearance

Market commonality

A number of resource-based imperatives drive decisions and actions associated with competitive dynamics. When conducting a competitor analysis between two rivals such as the domestic company DiDi and a multinational like Uber, which combination can be expected to lead to the highest intensity of rivalry?

LOW resource similarity/LOW market commonality

HIGH resource similarity/LOW market commonality

HIGH resource similarity/HIGH market commonality

LOW resource similarity/HIGH market commonality

Since its 2016 acquisition of Uber China, DiDi has entered several global markets. In order to undermine Uber in other host countries, DiDi has engaged in which of the following with Uber competitors?

Strategic alliances

Acquisitions

Privatization

Mergers

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