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Title: Why firms' established over sea operation?

Essay Details

Subject: Business
Author: Wilbur S
Date: July 21, 2015
Level: University
Grade: A
Length: 1 / 272
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Acquiring resources ~ by acquiring raw material abroad, it will enable a company to improve its product quality. Exxon drills for oil in Asia and the Middle East. 5. Gaining an advantage over competitors ~ companies enter into international business because they want to counter advantages competitors might gain in foreign markets that, in turn, could hurt them domestically...

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Capitalize on the Leverage ~ doing business overseas can be cheaper than doing business domestically. This is because a foreign marketer merely jumps into sales without any research and development costs. 7. Liberalization of Government Policies ~ in the past decade, many countries have opened their door to welcome foreign investment by liberalizing most of their foreign policies...

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