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Wkl entertainment inc. is a service-based firm with very few competitors. the company is looking to sell the same basic product services in different nations and charge a relatively high price for it. wkl does not face direct competitors, so the company does not have to deal with strong pressures to minimize its costs. which of the following strategies should wkl entertainment inc. managers pursue? question 32select one:

a. global standardization
b. transnational
c. international
d. multinational
e. localization

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Final answer:

The correct answer is option d. multinational. WKL Entertainment Inc., being a service-based firm with few competitors, can pursue a multinational strategy to sell the same basic product services in different nations and charge a relatively high price for them.

Step-by-step explanation:

The correct answer is option d. multinational.

WKL Entertainment Inc. is a service-based firm with very few competitors and does not face direct competitors, so it does not have to deal with strong pressures to minimize costs. In this scenario, pursuing a multinational strategy would be the most suitable option for WKL Entertainment Inc. A multinational strategy involves selling the same basic product services in different nations and charging a relatively high price for them. This strategy allows the company to take advantage of its unique position and offer differentiated services without direct competition.

For example, WKL Entertainment Inc. could offer specialized entertainment services that are tailored to the cultural preferences of different nations, creating a niche market for themselves and commanding higher prices due to their limited competition.

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