Faster growth: Firms that have operate internationally tend to develop at a much quicker pace than those operating locally Access to cheaper inputs: Operating internationally may enable the firm to source raw materials or labor at lower prices
Increased quality and efficiency: Exposure to foreign competition will encourage increased efficiency. Doing business in the international market allows firms to improve the quality of their product in order to gain a competitive advantage. New market opportunities: International business presents firms with new market opportunities. These new markets provide more opportunities for expansion, growth, and income. A bigger market means more customers, increased revenue, a larger profit margin, and allows the business to realize economies of scale. Diversification: As the firm diversifies its market, it becomes less vulnerable to changes in local demand. This reduces wild swings in a company's sales and profits. === === Increased costs: There are increased operating expenses including the establishment of facilities abroad, the hiring of additional staff, traveling of personnel, specialized transport networks, information and communication technology. Foreign regulations and standards: The firm may need to conform to new standards. This may require changes such as in the production process, inputs and packaging, incurring additional costs. Delays in payments: International trade may cause delays in payments, adversely affecting the firm's cash flow. Complex organizational structure: International business usually requires changes to the firms operating structure. Training/retraining of management may be necessary to facilitate restructuring.
an advantage is no more fighting america is free but sneaking is dangerous and people usally bring drugs boo immgrants
the benefits of foreign travel
The disadvantages and advantages of collusion
what is the advantages and disadvantages of price legistlation
what are the advantages and disadvantages of voucher in business
Advantages are good; pluses. Disadvantages are bad; minuses.
What are the advantages and disadvantages of informal organisation
advantages & disadvantages of foreign banks in India
advantages of foreign trade multiplier
Foreign direct investment company
boobies
nothig
Benefit is to maximise international relationships
Advantages : 1. We can travel any where we went. 2.It is fairly cheap as compared to air travel. Disadvantages: 1.It is slow as compared to air travel. 2.There is alot of traffic from which we get late.
There are various advantages and disadvantages to traveling by a bus. An advantage is that it is environmentally friendly. A negative is that it can take a long time.
hahhaha no
Spanish colonization of the Philippines brought the disadvantages of foreign diseases to the natives. Spanish colonization brought the advantages of wealth and technology to the Philippines.
HIV, Child sex, Environment pollution with respect to hotels are some of disadvantages. Although with respect to foreign capital, it is profitable. Therefore advantages should be balanced over disadvantages.
DisadvantageThey bring the bad culture to our country.Overpopulation.Most of the Malaysian will unemployment