BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a reason that a U.S. company would decide to offer its products in other countries?
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To sell obsolete, outdated products
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To provide job to people in other countries
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To expand to new, untapped markets
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To subsidize developing countries
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Explanation:
Detailed explanation-1: -Lower Your Competition in Growing Markets Gaining a competitive advantage over current business competitors is one of the biggest reasons to expand internationally.
Detailed explanation-2: -Why do companies decide to enter a foreign market? To capture economies of scale in product development, manufacturing, or marketing.
There is 1 question to complete.