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Describe what is meant by local responsiveness, and identify the underlying reasons that local responsiveness pressures exist.

Describe what is meant by local responsiveness, and identify the underlying reasons that local responsiveness pressures exist. 9. Describe the four basic strategies that firms use to compete in international markets. Which strategy is the best? 10. What is meant by the term, "first-mover advantage?" Describe several first-mover advantages.

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