Title: Why firms' established over sea operation?
|Date:||July 21, 2015|
|Length:||1 / 272|
|No of views:||0|
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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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