In today's world, companies aspiring for global market leadership cannot afford

Multiple Choice

to ignore establishing competitive positions in the markets of emerging countries.

to embrace all the risks and problems of competing in emerging country markets.

to have the resource capabilities it takes to be effective in competing in emerging country markets and usually are at a strong competitive disadvantage to the domestic market leaders.

to forego sizable profits from developed country markets.

to hurdle the high barriers to entry into the markets of emerging countries.