A viable strategy option for a local company when entering into competition with global challengers does not involve?
A. developing business models to exploit shortcomings in local distribution networks or infrastructures
B. using acquisitions and rapid growth strategies to defend against expansion-minded multinationals
C. using cross-market transfer strategies to hedge against the risks of exchange rate fluctuations and adverse political developments
D. transferring a company's expertise to cross-border markets and initiating actions to contend on a global scale
E. taking advantage of low-cost labor and other competitively important local workforce qualities
Answer: C
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