Which of the following is not a reason why crafting a strategy to compete in one or more countries or regions of the world is inherently more complex a. The presence of important cross-country...

Which of the following is not a reason why crafting a strategy to compete in one or more countries or regions of the world is inherently more complex

a. The presence of important cross-country differences in buyer tastes, market sizes and growth potential.

b. There are sizable cross-country differences in wage rates, worker productivity, energy costs, tax rates, inflation rates, tariffs/import duties and other factors that a company's operating cists and profitability.

c. There are differing governmental policies and regulations that make the local business climate more favorable in some countries than in others.

d. Competing in foreign markets requires a much bigger and more diverse collection of competitively valuable resources and capabilities than just competing in a company's home base market

e. A company must contend with the risks of adverse shifts in currency exchange rates.