| Abstract: | As global forces are penetrating the local telephone markets, the authors argue that telcos are global by virtue of operating in such markets. The foreign expansion should aim at strengthening the home market's overall competitive position. Consequently, the strategic core needs to be clearly identified and offshore markets developed according to whether they are vital, critical, or only peripheral to the company's home base interests. Strategic anarchy must evolve into strategic hierarchy. © 1996 John Wiley & Sons, Inc. |
