One of the biggest strategic challenges to competing in the international arena includes
a. whether to pursue a franchising strategy or a joint venture strategy.
b. how to identify foreign firms licensed to produce and distribute the company's products.
c. whether to offer a standardized product worldwide or a customized product offering in each different country market.
d. how to charge the same price in all country markets.
e. how to leverage the opportunities arising from shifting exchange rates.

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