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What are the advantages for a company of expanding beyond its domestic market?
Wiki User
∙ 13y ago
Outsourcing - they can access other sources in other countries (Canada for example has many Natural Resources - fresh water, mines, etc...)
Diversification - they can reach different types of people and different cultures to expand sales (for example, creating a line of sun protection in hot, sunny countries)
Wiki User
∙ 13y ago
Wiki User
∙ 15y agoexplain advantage and disadvantage in foreign market
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Function of foreign trade?
(i) Foreign trade creates an opportunity for the produces to reach beyond the domestic markets. (ii) Producers can sell their produce not only in markets located within the country but can also compete in markets located in other countries of the world. (iii) For the buyers, import of goods produced in another country is one way of expanding the choice of goods beyond what is domestically produced.
What is Transnational strategy?
1. going beyond national boundaries or interests2. comprising persons, sponsors, etc., of different nationalities3.a company, organization, etc., representing two or more nationalities.
What services are provided by the company Xlibris?
Xlibris is a publishing company that enables writers to self publish their work. They have three options, black and white, full color, and publishing packages. Xlibiris also offer services on how to promote and market published work. They work customers through each step from submission to final sales and beyond.
Is the world a global village?
The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets. Globalization has had the effect of markedly increasing not only international trade, but also cultural exchange. Investopedia Says: The advantages and disadvantages of globalization have been heavily scrutinized and debated in recent years. Proponents of globalization say that it helps developing nations "catch up" to industrialized nations much faster through increased employment and technological advances. Critics of globalization say that it weakens national sovereignty and allows rich nations to ship domestic jobs overseas where labor is much cheaper. Source: http://www.answers.com/globalization?cat=biz-fin&gwp=11&method=3&ver=2.3.0.609 International integration Globalization is the spreading of an idea, product, or technology around the world, social, economic, industrial.
To act ethically on busines is only necessary to follow the law Agree or disagree?
not necessarily, to act ethically might be a moral decision for some one and not just a means of following a law. a good example is a company that goes above and beyond what a law states such as pollution control
How can a person access the Tao?
By expanding beyond the barriers of complexity
Who proved that are galaxy is expanding and that there are galaxie that exist beyond ours?
christofer colombus
Whats the Advantage of Beyond Television?
Beyond Television is a television and appliances company from the United Kingdom. Shopping at their stores has many advantages. They have a wide variety of products for sale, and they pride themselves on great customer service.
What is the area beyond a black hole has stopped expanding and matter will no longer be pulled in?
it is bob
How much money did Beyond Borders gross domestically?
Beyond Borders grossed $4,426,297 in the domestic market.
How much money did Beyond the Mat gross domestically?
Beyond the Mat grossed $2,047,570 in the domestic market.
Are people researching what is beyond the universe by the way materials within the universe are behaving - if the universe is expanding it must be a clue to what is beyond?
There is nothing beyond the universe. The universe contains time and space. Without these, there is no concept of anything beyond.
What is Sharda University's motto?
Sharda University's motto is 'Expanding the Horizon of Education Beyond Boundaries'.
What are the advantages and disadvantages of a private company?
recognized formal structure limited ability ability to pay dividends in lieu of salary separation of personal and company assets continuity of business beyond the individuals
How much money did Beyond the Valley of the Dolls gross domestically?
Beyond the Valley of the Dolls grossed $9,000,000 in the domestic market.
How much money did Beyond the Black Rainbow gross domestically?
Beyond the Black Rainbow grossed $56,491 in the domestic market.
How much money did The Place Beyond the Pines gross domestically?
The Place Beyond the Pines grossed $21,403,519 in the domestic market.
