BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Global expansion enables businesses to grow audiences and establish credibility-essential steps to become a respected global leader. It is a solid opportunity to market your firm as an international brand, not just a successful domestic player.

Detailed explanation-2: -So, what is global expansion? It’s a business growth strategy that takes a company into new markets around the world. International businesses like Apple, Coca-Cola, and IBM started in one market and slowly grew to other international locations. This is the practice of global expansion.

Detailed explanation-3: -What is global expansion? Global expansion is the process by which companies from one market (often referred to as their home market) expand operations into a foreign market (often referred to as the target market).

Detailed explanation-4: -One of the best reasons for expansion of business is to reach out to a new group of customers. Although you already have a well-mined customer base, there is always the opportunity to add new customers when you expand, especially if that expansion of business involves the introduction of new products and services.