Final answer:
Transnational strategies typically involve market, technological, and logistical drivers. They are important for firms to manage global competition and capitalize on efficiencies. Furthermore, government-enforced barriers and strategic associations among corporations help them navigate market entry and competitive pressures.
Step-by-step explanation:
Industry drivers for transnational strategies include market, technological and logistical drivers. Factors such as global market trends, advancements in technology, and efficient logistics are essential for businesses operating in multiple countries. These drivers enable firms to respond to global competitive pressures and exploit cost efficiencies, innovate and share knowledge across borders, and optimize supply chains on a global scale.
Considering the increase in global competition due to globalization and new communications and information technology, firms face more competitors from different regions and countries, necessitating transnational strategies to stay competitive.
Barriers to Entry:
Government-enforced barrier: A city passing a law on how many taxicab licenses it will issue.
Government-enforced barrier: A city requiring taxicab drivers to pass a driving safety test and have insurance.
A well-known trademark is not a government-enforced barrier but can act as a barrier to entry due to brand recognition and customer loyalty.
Several competing corporations might join together in an association because there is often strength in numbers, they may have common issues affecting the entire industry, and they can benefit from governmental policies, making option d ('all of the above') the correct answer.