Most companies would prefer to remain domestic if their domestic market were large enough. Yet several factors are drawing more and more companies into the international arena. List some of these factors
What will be an ideal response?
Answer: Some of the factors are: (1) Some foreign markets present higher profit opportunities; (2) the company needs a larger customer base to achieve economies of scale; (3) the company wants to reduce its dependence on any one market; (4) the company decides to counterattack global competitors in their home markets; and (5) customers are going abroad and require international servicing.
You might also like to view...
People give us moods the same way we pass germs. We call this as ______.
Fill in the blank(s) with the appropriate word(s).
A job advertisement for a pizza delivery driver yielded 50 applications. Of those, 10 were disqualified because they did not have a driver’s license. The yield ratio on the advertisement was ______ percent.
A. 10 B. 20 C. 40 D. 80
What is a federated search?
A) A search of free information available on the web B) A search of available databased C) A search of trade journals D) A search of the cloud E) A search of wikis
All of the following would be considered a direct material for an automobile except
A. Tires B. Batteries C. fabric for seats D. sand paper.